Local News

Seatrade events set to be integral part of UAE Maritime Week

DUBAI / WAM Several seatrade events will form an integral part of the UAE Maritime Week 2020, which will be held from December 6-10 next year at the new Dubai Exhibition Centre. Co-located at the Expo 2020 Dubai, the exhibition centre will host Seatrade Maritime Middle East; Seatrade Maritime Awards Middle East, Indian Subcontinent and Africa; Seatrade Shiptech Middle East, ...

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RAK launches new adventure attraction

Ras Al Khaimah / Emirates Business In an ongoing effort to further develop and expand the Emirate’s adventure tourism portfolio, Ras Al Khaimah Tourism Development Authority (RAKTDA) announced the official launch of the latest adventure tourism product on Jebel Jais, the “Jebel Jais Zipline Tour”, in partnership with ToroVerde, which will join and complement the existing attractions including the Jebel ...

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Abu Dhabi boat show to kick off October 16

Emirates Business Marine recreation enthusiasts, as well as those looking for a fun-filled family outing, are snapping up online tickets for Abu Dhabi’s much anticipated showcase event, the International Boat Show 2019 (ADIBS 2019). The event is scheduled to take place at Adnec Marina from October 16-19 and tickets are available on www.adibs.ae. In its second edition, the boat show ...

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Ministry launches project to cultivate indigenous algae

Dubai / WAM The Ministry of Climate Change and Environment, MoCCAE, on Monday announced the launch of its ‘Green Barjeel’ research project that aims to leverage innovative methods to grow microalgae biomass with a high lipid content in tower-shaped structures. Run in cooperation with American University of Sharjah and Khalifa University, the project involves collecting algae from the UAE’s desert ...

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Voter registration for SCC polls soars 43%

Sharjah / WAM The total number of male and female citizens, who have registered for the nine electoral zones of the upcoming Sharjah Consultative Council (SCC) elections, reached 35,595, a remarkable increase of 43 percent over the first direct elections held in 2015. The Higher Committee for the Council elections made the announcement on Monday, while congratulated HH Dr Sheikh ...

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‘Legacy of our Ancestors’ show planned for UAE’s 48th National Day

Abu Dhabi / WAM The showpiece of the official 48th UAE National Day celebration will be a theatrical performance entitled ‘Legacy of our Ancestors’, with stories from the UAE’s past that showcase the country’s values long-embedded in its heritage and culture, organisers say. The event will take place in Abu Dhabi, on December 2 at Zayed Sport City Stadium. “The ...

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‘Virtual company licence’ for investors launched in Dubai

Dubai / WAM HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, today announced the launch of the region’s first ‘Virtual Company Licence’, allowing investors worldwide to do business in Dubai digitally without requiring residence and in accordance with the highest international legal standards. The announcement is aligned with the third Article of the 50-Year Charter ...

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UAE named ‘rising star of global trade’

Dubai / WAM UAE features among the top 10 markets that have rapidly improved their trade growth potential over the past decade, according to a new research from Standard Chartered, the Trade20 Index, which identifies the 20 rising stars of global trade. The Trade20 Index, which determined the potential of each market for trade growth over the past 10 years ...

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UAE approves raising general federal budget by 2% for 2020

ABU DHABI / WAM The Financial and Economic Committee held its 40th meeting on Sunday at the Presidential Palace in Abu Dhabi. The meeting was chaired by HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, and was attended by HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential ...

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Dubai FDI soars to AED46.6bn

DUBAI / WAM The Emirate of Dubai has witnessed exceptional growth during the first half of 2019, with foreign direct investments (FDIs), reaching a record-breaking AED46.6 billion, HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, announced on Sunday. This new record represents a growth of 135 percent compared to ...

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