Local News

Emirates NBD transforms its digital banking service

Dubai / Emirates Business The world’s leading provider of open source solutions, announced that Emirates NBD, a leading banking group in the United Arab Emirates (UAE), has built a distributed private cloud platform with Red Hat’s hybrid cloud and application programming interface (API) technologies as part of its digital transformation strategy. Its platform provides a common foundation and access to ...

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Dubai Smart City Accelerator invites applications for 3rd cohort

DUBAI / Emirates Business The Dubai Smart City Accelerator (DSCA), the first industry-focused accelerator award winning program of its kind in the Mena region, has issued an open call for applications from global startups dedicated to innovative smart city solutions to join its third cohort. DSCA was launched in May 2017 by Dubai Silicon Oasis Authority (DSOA) in collaboration with ...

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UAE boosts its food security alliance with South Korea

Dubai / Emirates Business The strengthening of national and global food security was the topic on the agenda during the visit of Her Excellency Mariam Almheiri, Minister of State for Food Security, to South Korea. Building on the existing strategic alliances that the UAE has with Asia’s fourth largest economy, the visit formed part of the UAE’s extensive Official Development ...

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Dewa’s smart services adoption reaches 93%

Dubai / WAM Dubai Electricity and Water Authority (Dewa), announced that adoption of its smart services reached 93 percent by the end of Q1 of 2019. Dewa’s services are available round the clock through various channels and smart platforms, according to the highest standards of availability, reliability and efficiency. “We are committed to providing Dewa’s services round the clock in ...

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Hamdan bin Rashid briefed about ‘Compassionate Hearts’ campaign

Dubai / WAM His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, and the Patron of the Al-Maktoum Foundation, was briefed about the achievements of the ”Compassionate Hearts” campaign in Egypt. The information was conveyed to Sheikh Hamdan when he received the Foundation’s Representative, Dr Salah Al Jarawi, in Egypt. The initiative, launched ...

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Dubai Investments supports women of determination

Dubai / WAM Dubai Investments has supported a social programme for women of determination, a year-long calendar of events and activities that will enable and empower individuals and their families, and promote greater social inclusion within the wider community. Dubai Investments provided support for the special 12-month programme, developed by Kalimati Communication and Rehabilitation Centre, which will provide a sustained ...

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Key development projects underway in Fujairah

FUJAIRAH / WAM A wide range of development projects are underway in the UAE’s East Coast Emirate of Fujairah as it seeks to diversify its economy. The Port of Fujairah, its adjacent anchorage and the Fujairah Oil Industry Zone, FOIZ, are already well-established as the second largest oil bunkering centre in the world, with a new 250,000 barrels per day ...

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Majid Al Futtaim lists world’s first green sukuk on Nasdaq Dubai

Dubai / WAM Majid Al Futtaim on Wednesday rang the market-opening bell at Nasdaq Dubai to mark the listing of the world’s first benchmark corporate green sukuk and the first green sukuk issued by a corporate in the region. Valued at $600 million and with a tenor of 10 years, green sukuk will be used to finance and refinance firm’s ...

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Sheikh Khalifa receives written message from Saudi King Salman

ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan, received a written message from the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud of Saudi Arabia, inviting him to attend the 14th summit of the Organisation of Islamic Cooperation (OIC), to be held in Makkah, Saudi Arabia. HH Sheikh Mohamed bin Zayed ...

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