Local News

Dubai / WAM Etihad Credit Insurance has signed a Memorandum of Understanding with Abu Dhabi Commercial Bank (ADCB), to offer efficient customer service and innovative solutions that will help public institutions and local businesses raise their business profile thereby helping them cement their presence regionally as well as internationally. This alliance which focuses on encouraging and boosting UAE businesses by ...

Al Ain / Emirates Business Strata Manufacturing (Strata), the advanced composite aero structures manufacturing company wholly-owned by Mubadala Investment Company PJSC, has extended its agreement with Pilatus Aircraft Ltd to cover a new composite work package for the PC-24, a twin-engine business jet. The new agreement will see Strata manufacture PC-24 flap track fairings and comes exactly a year after ...

Abu Dhabi / WAM The United Arab Emirates has welcomed the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud’s call to the leaders of the Gulf Co-operation Council (GCC) and other Arab League states for two emergency summits in Makkah on May 30, on the critical circumstances the region is going through and their consequences on ...

Abu Dhabi / Emirates Business Jubail Island Investment Company (JIIC) announced the appointment of Gulf Contractors Company (GCC) to commence enabling works for the AED5 billion Jubail Island that was recently launched in Abu Dhabi. Enabling works are scheduled for completion in January 2020. Enabling works are generally associated with large-scale land development projects and entail major earthworks and grading ...

Dubai / WAM Enoc Group has signed an agreement with Moro, the Dubai government owned digital data hub, focused on providing digital transformation and operational innovation, to lead the digitalisation journey of Enoc’s operations. The digital transformation will be driven through an organisation-wide SAP system implementation and infrastructure hosting services by Moro and powered by Virtustream Cloud Technology over the ...

Dubai / WAM Dubai’s unemployment rate reached 0.5 per cent last year, while the refined economic participation rate as a percentage of total working-age population reached 83.2 percent, according to the Labour Force Survey 2018 published by Dubai Statistics Center. Arif Al Mehairi, Executive Director of Dubai Statistics Center, said: “The results of the Labour Force Survey 2018 illustrate the ...

DUBAI / WAM To promote ease of doing business and to support its customers Jebel Ali Free Zone (Jafza), the GCC’s largest special economic zone, will become the first free zone in the country to return cash and bank guarantees to its clients through its new Workforce Protection Programme initiative that is set to roll out in September of this ...

DHALA / WAM The UAE, represented by its humanitarian arm, the Emirates Red Crescent (ERC), continued sending relief and shelter convoys to the Yemeni governorates. A humanitarian aid convoy arrived on Saturday in Dhala Governorate loaded with food, shelter, tents, blankets, water tanks and mobile toilets to support the needy people in these areas. Local beneficiaries thanked the UAE, and ...

ABU DHABI / Emirates Business Miral, Abu Dhabi’s creator of destinations, signed two land sales at Yas Bay with Siadah International Real Estate Development LLC, which in its turn plans to develop two residential buildings on the waterfront. Yas Bay – Yas Island’s vibrant new waterfront community to live, work and play, also includes other available residential and commercial plots ...

DUSHANBE / WAM The UAE is deeply committed to fighting terrorism and drying up the sources of its financing and stressed the need for strengthening regional and international multilateral cooperation to address challenges related to terrorism. Delivering the UAE statement before the plenary opening session of the high-level “Conference on International and Regional Cooperation in Countering Terrorism and its Financing ...