Local News

Abu Dhabi / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation, has announced the theme for the 2019 Emirati Women’s Day celebrations, as ‘Women, Icons of Tolerance’. Her Highness said that the Emirati community is tolerant by nature, adding ...

Dubai / WAM The Business Registration and Licensing (BRL), sector of the Dubai Department of Economic Development, DED, has issued 2,459 new licences in March 2019, a growth of 35.4 percent compared to March 2018 (1,816). According to the department, the new licences have created 9,661 jobs in the labour market. “Among the new licences issued, 58 percent were commercial, 39.3 ...

DUBAI / WAM Mohammed Ibrahim Al Shaibani, Director-General of His Highness the Ruler’s Court in Dubai, officially opened the new ‘Martyrs Mosque’ located at Muhaisnah area in Dubai. The mosque was built following a generous donation from HH Sheikha Hind bint Maktoum bin Juma Al Maktoum, Wife of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister ...

Abu Dhabi / AGENCIES Mubadala Investment Company and Carlyle Group on Monday announced that funds affiliated with Carlyle will acquire a significant minority interest in Compania Espanola de Petroleos, Cepsa, from Mubadala. Carlyle Group LP plans to buy a stake valued at as much as $4.8 billion in Cepsa from Mubadala Investment Co. The US company will acquire 30 percent ...

DUBAI / Emirates Business Dubai’s non-oil private sector economy expanded at a faster rate in March, while the total business activity (output) increased at the fastest rate since January 2015. Two of the three key monitored sectors — travel & tourism and wholesale & retail — posted series record increases in activity. With new business growth also accelerating, expectations for ...

ABU DHABI / WAM The pavilion of the Khalifa Fund for Enterprise Development at AIM Startup 2019, which is being held in conjunction with the 9th Annual Investment Meeting (AIM), is attracting a large number of representatives of small and medium enterprises (SMEs), entrepreneurs and consultants. The fund is showcasing its innovative services and financing solutions for national SMEs. It ...

Dubai / Emirates Business Etisalat’s pioneering efforts in 5G will pave the way for the ‘Future of Connectivity’ with innovation and digital transformation taking centre stage and leading the company to play a greater role in the digital lives of consumers and enterprises, said Hatem Bamatraf, Chief Technology Officer (CTO), Etisalat International at 5G Mena 2019. Bamatraf was the keynote ...

Abu Dhabi / WAM This Summer, Etihad Airways has announced that it will introduce the Boeing 787-9 Dreamliner on its scheduled services from Abu Dhabi to Johannesburg, effective August 1, Lagos, effective August 2, and Milan, effective September 1, replacing the Airbus A330s currently operating the routes. All three destinations will feature Etihad Airways’ next-generation Business and Economy cabins, configured ...

Dubai / WAM The Dubai Electricity and Water Authority (Dewa), is participating in the Annual Investment Meeting (AIM) 2019, that began on Monday at the Dubai World Trade Centre and will conclude on April 10. At the AIM, which has been organised by the Ministry of Economy, Dewa is showcasing its key projects and initiatives, and robust infrastructure, as part of its ...

ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX) held a workshop to discuss the preparation and updating of the Exchange’s current strategic plan. The workshop was attended by Khalifa Salem Al Mansouri, Acting Chief Executive of ADX, Board Members and Executive Management members of ADX. Khalifa Salem Al Mansouri, Acting Chief Executive of ADX, during the workshop, which was ...