Local News

Dubai Property Festival to attract more investors to UAE

Dubai / Emirates Business Dubai Land Department (DLD), through its Real Estate Investment Management and Promotion Sector and in partnership with the International Property Show (IPS), is launching the Dubai Property Festival (DPF) from March 26 – 29 at the Dubai World Trade Centre (DWTC) to attract more property investment to Dubai and the UAE. The event is expected to ...

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UAE develops region’s first technical regulation of hydrogen-cell vehicles

Abu Dhabi / WAM The Emirates Authority for Standardisation and Metrology (Esma), completed the “Technical regulation” of the Hydrogen Cell Vehicle, which is environmentally-friendly and only emits “water vapour”, making the UAE the first country in the Middle East and North Africa (Mena) to establish a future legislation, in line with the country’s post-oil plans. Esma is spearheading the national ...

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UAE contributes $2m to FAO’s Red Weevil Control Fund

Abu Dhabi / WAM The United Arab Emirates announced the contribution of $ 2 million to the United Nations Food and Agriculture Organisation’s (FAO), regional programme to combat Red Palm Weevil (RPW). Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance, and President of the Board of Trustees of the Khalifa International Award for Date Palm and Agricultural Innovation, made the ...

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Ministry of Economy team to visit Uzbekistan, Kyrgyzstan

Abu Dhabi / WAM The Ministry of Economy will visit Uzbekistan and Kyrgyzstan to hold joint economic committees with both the countries. The delegation, headed by Sultan bin Saeed Al Mansouri, Minister of Economy, will include a number of senior officials from the ministries and other federal entities and local government bodies, as well as a number of representatives of ...

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Dubai to launch economic, free zones in universities

Dubai / WAM Dubai Crown Prince and Chairman of the Executive Council His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum said that the Government of Dubai is taking the necessary steps to implement the 50-Year Charter to ensure a sustained development march that will turn Dubai into the best city in the world. His Highness Sheikh Hamdan bin ...

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AMAF donates AED1mn to Al Jalila children’s hospital

Dubai / WAM The Awqaf and Minors Affairs Foundation (AMAF), donated AED1 million to Al Jalila Children’s Specialty Hospital to support the hospital’s advanced scientific research in paediatrics, help families of patients, and provide an integrated social safety network. Commenting on the announcement, Khaled Al Thani, AMAF Deputy Secretary-General, presented the donation cheque to Dr Abdulla Ibrahim Al Khayat, CEO of ...

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VP okays $1.6b projects in northern emirates

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Wednesday announced allocation of AED5.8 billion ($1.6bn) for water and electricity projects in northern emirates. His Highness also approved an AED2.4 billion project to build dams and a federal water network that connects the water resources ...

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Nasdaq Dubai lists $750mn bond of EDB

DUBAI / WAM Nasdaq Dubai welcomed the listing of a $750 million conventional bond by Emirates Development Bank (EDB). It is the first product to be listed on the exchange by the bank, which is wholly owned by the UAE government. The listing supports EDB’s mission which includes contributing to the economic prosperity of UAE nationals by providing financing solutions ...

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Lulu unveils organic healthy food festival

Abu Dhabi / Emirates Business LuLu, the largest hypermarket chain in the Middle East, unveiled its Organic & Healthy food festival, which was inaugurated at LuLu Hypermarket at The Mall at World Trade Center, Abu Dhabi. As the health-conscious customer base in the country continues to increase, the week-long promotion features great deals and offers on healthy selection available across ...

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Malabar Gold introduces specially designed Mother’s Day pendants

Dubai / Emirates Business Malabar Gold & Diamonds, one among the largest jewellery retailers globally with a strong retail network of 250 outlets spread across 10 countries launched a special collection of diamond and 18K gold jewellery as a glittering tribute to the unspoken love of a mother. Arab Mother’s Day is celebrated on March 21 every year to honour ...

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