Local News

Etisalat highlights impact of 5G tech on future of media

Abu Dhabi / Emirates Business The media plays an increasingly significant role in our lives as a trusted source for news and information, and beyond that also a source for entertainment. It is also a powerful communications platform for the society with the ability to influence people’s opinions and perceptions therefore making a significant social impact at all levels, highlighted ...

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Emirates SkyCargo set to support global trade in 2020

Dubai / Emirates Business At the start of a new decade, Emirates SkyCargo, the freight division of Emirates, is geared up to facilitate global trade and cargo movement in 2020 and beyond through a combination of innovative product development and investment in ‘fit for purpose’ infrastructure. “The outlook for 2020 is more positive with the air cargo industry set to ...

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Dubai forum to highlight key trends in aviation industry

DUBAI / WAM Glimpses into Air Traffic Control (ATC), modernisation and innovation will be provided to aviation industry stakeholders at the ATC Forum which is returning for its third straight year in June 2020 during the Airport Show, the world’s largest annual airport industry gathering. The event is coming at a time when it has been predicted that more than ...

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Sharjah approves largest ever AED29.1 billion 2020 budget

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SHARJAH / WAM His Highness Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, announced that the 2020 budget would reach AED29.1 billion budget, a two percent increase compared to the 2019 budget. The approved budget will see an increase in expenses across several sectors, including infrastructure, social programmes, economic activities, culture and education, among ...

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ADFD signs loan pacts worth $33mn with African nations

ABU DHABI / WAM Abu Dhabi Fund for Development (ADFD), the leading national entity for economic development aid, on Sunday formalised three loan agreements valued at $33 million (AED121 million) with the Governments of Togo, Niger and Liberia. The agreements were signed in Abu Dhabi during the 10th Session of the International Renewable Energy Agency (Irena), Assembly. Mohammed Saif Al Suwaidi, ...

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Business community continues to invest, expand in Dubai

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DUBAI / WAM Dubai Economy confirmed that the emirate’s economic competitiveness and its ability to attract investors to grow and expand their businesses in various economic sectors have been further strengthened in 2019. According to a recent report by the Business Registration and Licencing sector at Dubai Economy, 38,377 new licences were issued in 2019, a record growth of 90 ...

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Etihad to mark ADSW 2020 with eco-flight

Abu Dhabi / WAM Etihad Airways will mark Abu Dhabi Sustainability Week 2020 by operating a special eco-flight from Abu Dhabi to Brussels. Departing at 02:20 on Monday, 13th January, 2020, Flight EY 57 will be operated with a Boeing 787 Dreamliner aircraft, the newest and most efficient aircraft in the Etihad fleet, which consumes at least 15 percent less ...

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SteelFab 2020 kicks off today at Expo Centre Sharjah

SHARJAH / WAM The Middle East’s largest steel fabrication event, SteelFab 20020, will kick off its 16th edition today at the Expo Centre Sharjah, bringing together more than 300 professionals and companies representing some of the world’s leading steel and metal manufacturers and suppliers. Some 35 leading countries in the fields of welding and manufacturing of steel and metals are ...

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FAB inks escrow deal with DLD

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DUBAI / WAM First Abu Dhabi Bank (FAB) signed an Escrow Agreement with Dubai Land Department (DLD), represented by its Real Estate Regulatory Agency (RERA). The agreement allows the bank to open and manage escrow accounts for Jointly Owned Property (JOP) owners in Dubai. The agreement was signed by Marwan bin Ghalita, CEO of RERA, and Manoj Menon, Senior Managing ...

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Sheikh Mohamed visits Oman, offers condolences to new Sultan

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MUSCAT / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, offered his condolences to Sultan Haitham bin Tariq on the demise of Sultan Qaboos. Sheikh Mohamed bin Zayed conveyed the condolences of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, to Sultan Haitham of ...

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