Local News

Adnec’s the Hive to generate buzz in MICE industry

Abu Dhabi / Emirates Business Abu Dhabi National Exhibitions Company (Adnec) revealed a new experience in the meeting and conference sector – The Hive. Offering 865 square metres of versatile space, the venue was designed as not just a space for hire but one that enhances the benefits of face-to-face engagement for its clients. Humaid Matar Al Dhaheri, Group CEO ...

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Lifting trade barrier key to Africa’s growth: DP World

DUBAI / WAM The key to African economic emergence lies in the removal of barriers, increased connectivity between nations and infrastructure development, DP World’s Group Chairman and Chief Executive Officer, Sultan Ahmed Bin Sulayem, told African leaders and top executives in Dakar, Senegal. “We believe in viability of Africa, we believe in investing in the continent, during our investment in ...

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UAE-India bilateral trade to exceed $100 billion by 2020

GANDHINAGAR, India / WAM Narendra Modi, Prime Minister of the Republic of India, today met with Dr. Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, and Dr. Ahmed Al Banna, UAE Ambassador to India. They explored prospects for further cooperation between the UAE and India, building on the strong existing ties between the two countries, and discussed ...

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ERC supports energy sector in Yemen’s Hadramaut

HADRAMAUT / WAM A power generator has been delivered by the Emirates Red Crescent (ERC) on Saturday in the Ramah district in Hadramaut Desert, as part of the continuous Emirati support for the energy sector in particular and infrastructure of the entire region in general. Sheikh Mohamed Ahmed Al Menhali, representative of the Ramah Local Council, expressed thanks to the ...

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Sheikha Fatima Field Hospital opens in Karachi

Karachi / WAM The Sheikha Fatima Field Humanitarian Hospital has been opened in Karachi by Hamad Obeid Ibrahim Salim Al Zaabi, the UAE Ambassador to Pakistan, to provide therapeutic, diagnostic and preventive services to underprivileged segments of society, primarily women, children and elderly people, in Pakistan. Noura Al Suwaidi, Director of the General Women’s Union, said the facility, which provides ...

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ADFD finances renewables projects worth $1.18bn

Abu Dhabi / WAM From its inception in 1971 until December 2018, the Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, has financed hundreds of development projects worth AED4.4 billion ($1.187 billion) in the renewable energy sector around the world. Driving the objectives of the United Nations’ Sustainable Development Goals (SDGs), these projects have ...

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FTA issues guidelines for foreign business refunds

ABU DHABI / WAM The Federal Tax Authority (FTA), has outlined four conditions that would allow foreign businesses to recover Value Added Tax (VAT), incurred in the UAE in a new guide on “VAT Refunds for Business Visitors”, published on its official website. To be eligible for the VAT refund, the first condition is that foreign businesses must not have ...

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Dubai Tourism signs deal to ease payment methods

DUBAI / Emirates Business Dubai’s Department of Tourism & Commerce Marketing (Dubai Tourism) and Al Ansari Exchange, a leading UAE-based foreign exchange and worldwide money transfer company, have signed an agreement to facilitate payments for a range of tourism and travel-related services. Under the agreement, partners of Dubai Tourism including hotels, event organisers, tour operators and tourism companies will be ...

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Aldar’s Alreeman sales hit AED1.6bn

ABU DHABI / Emirates Business Buyers queued up over night outside Aldar’s sales centre on Yas Island in order to secure plots within Aldar’s latest development – Alreeman in the Alshamkha area of Abu Dhabi. Alreeman has been a huge hit with buyers, recording sales of AED 1.6 billion. Buyers have been drawn to Aldar’s commercial plot offering allowing customers ...

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