Local News

DUBAI / WAM Dubai FDI, the investment development agency of the Department of Economic Development (DED), has announced that it is all set for its next investment mission to Houston in the state of Texas and Denver in Colorado. The mission will take place on September 7-14, as a part of Dubai’s Global Mission Programme as part of Dubai’s Global ...

KLETSI (poland) / WAM A delegation of the Ministry of Defence and General Command of the Armed Forces participated in the opening of the 27th International Defence Industry Exhibition (MSPO) which started yesterday under the patronage of the President of the Republic of Poland Andrzej Duda. On the sidelines of the event, the UAE delegation, led by Major General Pilot ...

Abu Dhabi / WAM Values of tolerance continued to dominate public events and activities in the UAE during the month of August, as part of the UAE’s relentless efforts to promote cross cultural and religious interactions, as well as dialogue and peaceful coexistence, especially during the ‘Year of Tolerance’. In a gesture to bring joy to families of those behind ...

ABU DHABI / WAM The Abu Dhabi Department of Energy (DoE), issued the District Cooling Regulations and the District Cooling Applicability Regulations, recently approved by the Abu Dhabi Executive Council. The Abu Dhabi Government is thus the first in the Middle East and North Africa region to set up a complete integrated system for district cooling. This, in turn, reflects ...

ABU DHABI / WAM UAE-based banks received AED21 billion in commission income in 2018, with national banks getting 82.8 percent thereof, i.e. AED17.4 billion, according to statistics revealed by the Central Bank of the UAE. The foreign banks’ commission income amounted to AED3.4 billion, with the remaining amount claimed by branches of Gulf banks operating in the country. It’s noteworthy ...

Dubai / WAM Emaar Properties said on Tuesday it has hired banks to arrange a potential issuance of dollar Islamic bonds. In a statement on Dubai Financial Market where it’s listed, the property giant said that the planned issuance is part of Emaar’s $2 billion Trust Certificate Issuance Programme. It was also announced that Emaar Properties is seeking to issue ...

ABU DHABI / WAM A group of 100 fledgling firms from across the globe will showcase their innovative products and services aimed at battling the causes of climate change. Hi-tech mobile solar containers that can provide energy in remote parts of Africa, an alternative to firewood made of sugarcane waste and a driverless electric haulage vehicle – are among the ...

Dubai / WAM Dubai Aerospace Enterprise (DAE) Ltd. announced on Tuesday that its engineering division and Amman based MRO Joramco has obtained the European Aviation Safety Agency (EASA) Part-145, approval for the Boeing 777. This is the fourth EASA approval obtained by Joramco since its acquisition by the DAE, following the earlier EASA approvals for the Boeing 737 MAX, the ...

Abu Dhabi / WAM The UAE has initiated a project in Liberia to help rural women achieve sustainable income, food security and nutrition opportunities, as part of the UAE’s ongoing humanitarian works to empower women across the world. For this purpose, the Ministry of Foreign Affairs and International Cooperation (MoFAIC), the Food and Agriculture Organisation of the United Nations, FAO, and ...

Dubai / Emirates Business Emirates Flight Catering (EKFC) and Washington DC-based Cuisine Solutions (CSI) will co-invest in a joint venture to become the UAE’s sole distributor of sous vide products, under the name of Emirates Cuisine Solutions. Phase two of the joint venture will see the establishment of the world’s largest halal sous vide manufacturing facility in Dubai. Saeed Mohammed, ...