Local News

Al Habtoor Motors launches DSF offers

Dubai / Emirates Business Al Habtoor Motors gives Mitsubishi customers great reasons to celebrate this DSF with exciting great value deals on the entire range passenger cars and SUVs. Customers get chances to buy their favourite Mitsubishi cars and SUVs at special DSF prices and they will also get chances to win 5 Lancer EX sedan cars. During the “Celebrate ...

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UAE a hub for investment, international talent: Experts

Dubai / Emirates Business The UAE has moved ahead of other regional and overseas destinations in positioning itself as a hub for investment and international talent, say legal experts. The introduction of a long-term visa system for investors, entrepreneurs, specialised talents, and researchers has been warmly received by business analysts, and STA Law Firm says the initiative can deliver even ...

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‘Sheikh Mohammed is a leader of sublime vision’

Ajman / WAM His Highness Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, said that His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, is a leader of sublime vision and man of principles, who sets an example to be followed for wisdom and loyalty to one’s homeland. ...

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AED19bn realty transactions in Dubai in last 10 days of ’18

Dubai / Emirates Business Dubai Land Department (DLD) recorded an unprecedented growth in the last ten days of 2018. HE Sultan Butti bin Mejren, Director General of DLD, stressed that Dubai’s real estate market recorded a high-transaction volume during the last ten days of 2018 with a value of over AED 19 billion through 2,081 transactions. Bin Mejren affirmed that ...

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‘VP’s journey filled with unparalleled accomplishments’

Dubai / WAM His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, said that Monday marks the conclusion of the ‘Year of Zayed’ and the nation’s celebration of 50 years of inspiring leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. ...

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‘Sheikh Mohammed blazes his own trails’

Abu Dhabi / WAM His Highness Sheikh Nahyan bin Zayed Al Nahyan, Chairman of the Board of Trustees of Zayed bin Sultan Al Nahyan Charitable and Humanitarian Foundation, and Chairman of the Abu Dhabi Sports Council, said that His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has succeeded over ...

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Ruwad launches initiative to empower students

Sharjah / WAM Sharjah SME (RUWAD) in cooperation with the Sharjah Education Council, have launched the “Business Stars” initiative, which empowers school and university students and encourages them to take part in the business investment experience. The initiative was inaugurated by Dr. Saeed Musbah al Kaabi, Chairman of Sharjah Education Council, and Abdullah Musabah Al Tunaiji, Board Member of RUWAD. ...

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Abu Dhabi reinforces position as global tourism destination

ABU DHABI / WAM The Abu Dhabi Department of Culture and Tourism has made many achievements, in light of the emergence of specialist tourism trends and its efforts to improve local tourism infrastructure and to inaugurate new attractions that combine originality, modernity and hospitality. These achievements have positively affected the number of visitors to the emirate and its hotel occupancy ...

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UAE banks’ international reserves hit AED404.3bn

Abu Dhabi / WAM The net international reserves in the UAE banking sector hit an all-time high of AED404.3 billion by the end of November, up 23.1 percent of AED76 billion from AED328.3 billion during the same month last year, according to central bank figures. The remarkable growth in net international reserves reflects the distinctive financial and economic status boasted ...

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Abu Dhabi export unit value index increases 10.7%

Abu Dhabi / WAM The export unit value index in the emirate of Abu Dhabi was up 10.7 percent to 88.3 percent during Q3, against 79.8 percent during the same period in 2017, according to Statistics Centre — Abu Dhabi (SCAD). In the meantime, the import unit value index declined 4.8 percent to 106.3 from July through September 2018 from ...

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