Local News

Abu Dhabi / WAM Given how uncertain and volatile the global economic and political landscape currently is, with market uncertainty pervasive and investor confidence deteriorating, global private equity firms are on the lookout for stable, new markets where they can be certain not just of promising returns on investment but also an investor-friendly regime. As a result, the UAE, with ...

Dubai / WAM Dubai welcomed 15.92 million international overnight visitors in 2018, marking a new high, according to Dubai Tourism. The emirate’s tourism department reported that Dubai’s top source markets provided consistently large numbers of tourists, resulting in double-digit growth to ensure targets are met, based upon Dubai’s Tourism Vision 2022-2025, in addition to driving even greater economic impact on ...

Dubai / Emirates Business Companies in Dubai are increasing their efforts to foster innovation, reflected by the 4.7% improvement in the innovation score of Dubai’s private sector over the 2017-2018 period, new analysis conducted by Dubai Chamber of Commerce and Industry revealed. Released on the occasion of UAE Innovation Month, the analysis showed Dubai private sector’s innovation score rising to ...

Abu Dhabi / Emirates Business Yahsat, the UAE-based global satellite operator, is announced as the official sponsor of the 2019 Think Science Fair, held across the seven emirates from February 17 to March 21. The event aims to encourage Emirati youth to pursue an education and career in the fields of science, technology and innovation (STI) in response to the ...

ABU DHABI / WAM Etihad Aviation Group (EAG) announced that it is taking part in Think Science Fair 2019, which is being held at Khalifa University in Abu Dhabi, as part of its efforts to encourage the youth across the UAE to engage with science and technology and pursue a career in the world of aviation and aircraft engineering. The Abu ...

ABU DHABI / Emirates Business Etisalat on Sunday announced the launch of its Robotic Centre of Excellence that delivers a wide variety of automated solutions to boost efficiency and improve productivity leading to greater customer satisfaction. The initiative is part of Etisalat’s key activities to mark UAE Innovation Month. The centre, which soft launched with six robots last year, currently ...

MUSCAT / WAM Sultan bin Saeed Al Mansouri, Minister of Economy, described the relations between the UAE and Oman as a distinguished example of “strong and well-established ties.” The minister made the remarks while addressing the UAE-Oman Economic Forum, which was held in Muscat to develop investment and business opportunities between the two nations. “The forum represents a practical translation ...

UMM AL QAIWAIN / WAM His Highness Sheikh Rashid bin Saud bin Rashid Al Mu’alla, Crown Prince of Umm Al Qaiwain and Chairman of the Umm Al Qaiwain Executive Council, took part in the ‘Walking Together’ initiative, which aims to support people of determination, as part of the preparations for the Special Olympic Games-Abu Dhabi 2019. Sheikh Rashid was joined ...

Dubai / Emirates Business Meraas, a Dubai-based holding company, has announced that it will showcase its industry-defining maritime neighbourhood – Dubai Harbour during the 27th annual Dubai International Boat Show (DIBS) 2019. Set to the highest international standards, Dubai Harbour will be the first yachting community hub in the Middle East. Designed by leading architects with careful attention to detail, ...

ABU ABU DHABI / WAM The Emirates Red Crescent (ERC), launched a number of development projects in the Republic of Sierra Leone, under the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and the follow-up of HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s ...