Local News

UAE, Saudi lead GCC in digital transformation interest online

Dubai / WAM The UAE and Saudi Arabia are leading GCC-wide online searches relating to digital security and transformation over the last 12 months, according to new results released by SEMrush, an award-winning all-in-one digital marketing suite. The back-data study covered four key strategic digital terms: ‘digital transformation’, ‘digital marketing’, ‘cyber security’ and ‘computer security’, with the significant increases in ...

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CBD wins ‘best mobile banking app’ award

Dubai / Emirates Business Commercial Bank of Dubai (CBD), one of the leading banks in the UAE, won the “Best Mobile Banking App Award” at the Global Finance’s 2019 World’s Best Consumer Digital Bank Awards at in Dubai. The award was received by Dr Bernd van Linder, CEO, Amit Malhotra, GM-PBG, Khaled Al Hammadi – Head of Sales & Distribution, ...

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FNC polling station locations announced

Abu Dhabi / WAM The National Election Commission (NEC), announced the locations of voting centres both inside and outside the UAE, stressing its readiness to receive voters during the FNC Election 2019. The list of polling stations approved for the main election day on October 5 includes 39 centres within the country, which are fully equipped to ensure a smooth ...

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Dubai completes 62 realty projects in ’18

Dubai / WAM Dubai Land Department (DLD), said that the real estate sector significantly contributed to GDP growth in the Emirate. The improvement in economic growth rates in the Emirate of Dubai was accompanied by an improvement in the performance of the real estate sector, according to the DLD’s ‘Annual Report: Real Estate Sector Performance 2019’. The contribution of real ...

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Dubai’s readiness as e-commerce hub highlighted

DUBAI / WAM Dubai South is set to highlight the latest developments in the Middle East’s rapidly growing e-commerce sector at the upcoming eCommerce Expo in Olympia, London, where it will be promoting the Logistics District and its recently launched fully dedicated e-commerce free zone, EZDubai. The eCommerce Expo is scheduled take place on September 25-26 and is considered UK’s ...

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Sheikh Mohamed, Saudi crown prince discuss consolidating ties

ABU DHABI / WAM The United Arab Emirates stands with Saudi Arabia in confronting all menacing threats to its security and stability, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, said. His Highness Sheikh Mohamed made the statements in a phone call with His Royal Highness ...

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UAE, Saudi dispatch 200,000 tonnes of wheat to Sudan

ABU DHABI / WAM The UAE and Saudi Arabia on Monday confirmed that the third batch comprising 200,000 tonnes of wheat has been dispatched to Sudan, meeting the needs of the population for this strategic commodity. In April 2019, the UAE and Saudi Arabia announced their commitment to providing 540,000 tonnes of wheat to enhance food security in Sudan. Last ...

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DIEDC partners with DIFC, DFM, CBI to grow green sukuk market

DUBAI / Emirates Business Dubai Islamic Economy Development Centre (DIEDC) on Monday signed a memorandum of understanding (MoU) with the Dubai International Financial Centre (DIFCA), the Dubai Financial Market (DFM), and Climate Bonds Initiative (CBI) to collaborate on growing the green sukuk sector and stepping up the exchange of knowledge and expertise in the field. The MoU signing took place ...

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Fund transfers between UAE’s banks grow 8% to AED7.13trn in 8 months

ABU DHABI / WAM The total value of fund transfers among the UAE’s banks grew eight percent to AED7.13 trillion during the first eight months of 2019, from AED6.61 trillion in the comparable period in 2018. According to the CBUAE’s figures, fund transfers from January through August hit AED4.864 trillion, in yet a new sign reflective of the ongoing economic ...

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CPhI Middle East & Africa 2019 opens in Abu Dhabi

ABU DHABI / WAM CPhI Middle East & Africa 2019, the region’s leading platform for the pharmaceutical industry, opened in Abu Dhabi on Monday at the Abu Dhabi National Exhibition Centre (Adnec), from September 16-18. The exhibition, in its second year running, was inaugurated by Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance, who also introduced the keynote session. ...

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