Local News

Dubai, South Africa to boost mutual trade

DUBAI / WAM Ahmed Mahboob Musabih, Director-General of Dubai Customs, and a South African delegation headed by the Consul-General, Mogobo David Magabe, have discussed means to further develop cooperation relations between the two sides. Musabih briefed the South African delegation about customs facilities and services delivered by Dubai Customs to investors and businesses. He also talked about the different initiatives ...

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ADX distributes AED25b in cash dividends to investors

ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX), announced on Saturday the distribution of over AED25 billion in cash dividends to 572,774 eligible investors on behalf of its listed companies. In comparison to the 2018 dividends, the 6.95 percent increase demonstrates the attractiveness of the investment environment in the Emirates and especially in Abu Dhabi. According to a statement ...

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UAE completes NHRI draft law: Al Jarman

Geneva / WAM The UAE announced completion of a draft law on the establishment of a national human rights institution (NHRI), following the Paris Principles. This was stated by Ahmed Abdul Rahman Al Jarman, Assistant Minister for Human Rights and International Law at Ministry of Foreign Affairs and International Cooperation, in a speech at the 42nd session of the Human Rights ...

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Materials Handling Middle East sees 12% rise in visitor turnout

Dubai / Emirates Business Materials Handling Middle East, the region’s dedicated warehousing, intralogistics and supply chain solutions show, racked up a 12% visitor uplift on the 10th edition of the biennial event which closed at the Dubai World Trade Centre. Some 3,882 visitors from more than 50 countries turned out for the show which has evolved into a futuristic showcase ...

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Region’s steel production capacity to hit 19mn tons

Abu Dhabi / Emirates Business Emirates Steel, the only integrated steel plant in UAE and a subsidiary of General Holding Corporation (Senaat), is participating in the First Saudi International Iron & Steel Conference, of which it is its Rhodium Sponsor. At the conference, held in the King Faisal International Conferences Hall at the Intercontinental Hotel in Riyadh from September 16-18, ...

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DSOA highlights importance of happiness in workplace

Dubai / Emirates Business Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), an integrated free zone technology park, hosted its Sixth Happiness Forum at Grand Hyatt Dubai. Highlighting the importance of happiness in the workplace, the event convened representatives of the public and private sectors to discuss initiatives aimed at creating comprehensive and sustainable employee ...

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UAE investors to inject $10b into Bangladesh economy

DUBAI / WAM A number of UAE business groups are set to invest $10 billion (AED36.7 billion) into Bangladesh, according to data compiled by the Bangladesh Economic Forum. The Forum will kick-off in Dubai on September 15, with more than 300 government officials, business leaders, investors and entrepreneurs participating. The one-day conference aims to strengthen the flow of trade and ...

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Every hardworking individual is a star and an example to follow

Dubai / WAM After reviewing the results of comprehensive evaluation report of services in 600 service centers of 29 federal government entities, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, reaffirmed that “government services are windows for citizens to their governments. Improving and developing services will remain a major ...

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UAE completes NHRI draft law: Al Jarman

GENEVA / ًِ’ The UAE has announced the completion of a draft law on the establishment of a national human rights institution (NHRI), following the Paris Principles. The announcement was made by Ahmed Abdul Rahman Al Jarman, Assistant Minister for Human Rights and International Law at the Ministry of Foreign Affairs and International Cooperation, in a speech delivered at the ...

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Abu Dhabi to establish new commercial court

Abu Dhabi / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs, and Chairman of the Abu Dhabi Judicial Department, issued a decision to establish a specialised court dealing with commercial law cases, under the name ‘Abu Dhabi Commercial Court’. The move comes as a bid to enhance the emirate’s commercial competitiveness. Commenting ...

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