Local News

Mashreq bank launches digital banking for SMEs

DUBAI / WAM Catering to the growing banking demand of SMEs, Mashreq on Wednesday announced the launch of NeoBiz, the first digital banking proposition in UAE that will offer customised digital offerings for SME’s including start-ups and young businesses in the country. With the motto, ‘Built for business’, NeoBiz offers key services including digital onboarding, transparent and simplified products, digital ...

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DMCC launches world’s largest diamond trading floor in Dubai

Dubai / WAM The Dubai Diamond Exchange’s newly upgraded auction facility was revealed on Wednesday, in a bid to drive a rise in the number of auctions held in Dubai, and boost sales and trade flows through the emirate. DMCC, the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, on Wednesday unveiled the redesigned ...

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Al Ain Book Fair opens

AL AIN / WAM Sheikh Hazza bin Tahnoon bin Mohammed Al Nahyan, Under-Secretary of the Court of the Abu Dhabi Ruler’s Representative in Al Ain Region inaugurated the 11th edition of Al Ain Book Fair, which plays a vital role in bolstering the UAE’s publishing industry. Running at Al Ain Convention Centre until October 3, the Book Fair is held ...

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UAE is a key player in global space economy

Abu Dhabi / WAM Since its launch in 2017, the UAE National Space Programme has grown, achieving significant milestones, placing the country as a key player in the changing landscape of the global space economy. On September 25, Emirati astronaut Hazza Al Mansoori will embark on a mission to the International Space Station, marking the UAE’s burgeoning space sector goals ...

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Hamriya Free Zone receives ‘fastest growing brand’ award

SHARJAH / WAM Sharjah added another feather to its cap after the Hamriyah Free Zone Authority (HFZA), bagged the ‘UAE’s Fastest Growing Brand 2018-19’ award in India. Saud Salim Al Mazrouei, Director of HFZA and Sharjah Airport International Free Zone, also won the ‘Leader Award, in recognition of his continuous efforts to develop, improve and modernise the HFZA’s services and ...

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Emirates commissions solar plant to cut greenhouse gas

Dubai / Emirates Business Emirates Flight Catering (EKFC), one of the world’s largest catering operations, has successfully commissioned a state-of-the-art solar power system across its premises, which is expected to deliver an annual reduction of 3 million kg of greenhouse gas emissions. This is part of EKFC’s continued investment in infrastructure to improve resource efficiency. EKFC’s latest initiative supports the ...

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Governments should have a strong focus on outcomes

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has said that the continued improvement and enhancement of government processes and procedures are critical to enhancing the lives of individuals and ensuring better opportunities for future generations. Governments should have a strong focus on outcomes and seek ...

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UAE partners with ICAO, supports ‘No Country Left Behind’

Abu Dhabi / WAM The UAE announced its support of the ‘No Country Left Behind’ initiative, the General Civil Aviation Authority (GCAA), announced on Tuesday. In a statement the GCAA said that it signed a Memorandum of Understanding (MoU), with the International Civil Aviation Organisation (ICAO), along with the Aviation Implementation Assistance Partnership, to support the initiative, which aims for ...

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Dubai academy to create next-gen of jewellery professionals

Dubai / WAM DMCC, the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, on Tuesday inaugurated the Dubai Design Academy (DDA). Offering exclusive jewellery-design programme, the new academy will equip students with innovative design development training and practical experience of very latest Computer Aided Design (CAD), designing and manufacturing technology shaping the modern jewellery ...

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ADX, Shanghai Stock Exchange deepen cooperation

ABU DHABI / WAM A high-level Chinese delegation from Shanghai Stock Exchange (SSE), headed by Fu Hao, Deputy Director-General of Global Business Development Committee and Managing Director of Global Business Development Department of SSE, visited the Abu Dhabi Securities Exchange (ADX). The aim of the visit is to deepen cooperation and explore partnership opportunities between the two stock markets. During ...

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