Local News

Dubai / WAM Aldar Properties on Tuesday announced that, in line with its sustainability agenda and its commitment to supporting future generations of UAE nationals, it is contributing AED36 million to Sandooq Al Watan – the UAE’s national fund, taking its total contributions to AED120 million. As a part of its contribution, Aldar is pledging AED4.5 million to fund research ...

Dubai / WAM The Abu Dhabi Department of Transport (DoT) on Tuesday announced that Etihad Rail has become the Premier sponsor of the 2019 World Road Congress. Taking place at the Abu Dhabi National Exhibition Centre (Adnec) between October 6-10, the prestigious global event is held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince ...

ABU DHABI / WAM The World Health Organisation (WHO), has expressed appreciation to the UAE for stepping up in the fight to end the polio disease in Pakistan. In a message posted on its official Twitter account, the WHO Country Office in Pakistan (WHO Pakistan), thanked the UAE for playing a key role in the global efforts to eradicate polio ...

Dubai / WAM Bilateral trade between the Emirate of Dubai and the United States of America has risen 76 percent in a decade, said the Director-General of Dubai Customs, Ahmed Mahboob Musabih. Musabih’s remarks were made during a meeting between Sultan bin Sulayem, DP World Group Chairman and CEO and Chairman of Ports, Customs and Free Zone Corporation, PCFC, and ...

Dubai / Emirates Business Emirates is celebrating a milestone in its operations to South Africa, marking 10 years of service to the port city of Durban. The first Emirates flight between Durban and Dubai operated on October 1, 2009, and the airline has since carried over two million passengers on the route. “The past 10 years have been both rewarding ...

Abu Dhabi / Emirates Business The first purpose-built accommodation project at Khalifa Industrial Zone Abu Dhabi (Kizad), a subsidiary of Abu Dhabi Ports, was launched, with housing and community amenities for 5,000 management and operational employees. The 75,000 square metre accommodation plot is located in Area B of Kizad, within the China-UAE Industrial Capacity Cooperation Demonstration Zone, which was established ...

Dubai / Emirates Business Over 15,000 dnata employees around the world teamed up and took part in the company’s unique fundraising activity, ‘dnata runs the world’, to make a positive difference to the lives of others. Across the continents, from Sydney to San Francisco, teams from 26 countries joined the challenge to run combined distance of circumference of the world, ...

Dubai / Emirates Business Often called the city of the future, Dubai has become synonymous with innovation and future-proofing its tourism linked economy. Dubai continues to spearhead sustainability initiatives, cultivating a key pillar within its tourism infrastructure by positioning Dubai as a world leading sustainable tourism destination and commercial hub. Such measures and initiatives remain at the forefront of the ...

DUBAI / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, chaired on Monday a meeting of the Executive Council at Emirates Towers, Dubai, in the presence of HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai. The meeting proceedings saw the Executive Council ...

DUBAI / WAM Dubai Aerospace Enterprise (DAE), on Monday announced that it had signed a $300 million seven-year unsecured term loan with a group of six banks. Abu Dhabi Commercial Bank served as initial mandated lead arranger, bookrunner and underwriter. The loan will be used to repay secured debt and support the future financing needs of the business. FirozTarapore, CEO of ...