Local News

374 beneficiaries get AED26m from marriage grants during Q1

Dubai / WAM The Ministry of Community Development has approved the names of 374 beneficiaries from the marriage grants during the first quarter of 2019 with a total amount of over AED26.2 million that were disbursed to the beneficiaries and transferred to their bank accounts and notified through SMS text messages. AED70,000 will be disbursed as one payment for those ...

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du, DED celebrate major milestone for Dubai Pulse

Dubai / WAM du, from Emirates Integrated Telecommunications Company (EITC), announced that the inaugural Dubai Pulse customer, the Department of Economic Development (DED), in Dubai, has successfully migrated all of their data centres and applications to the cloud-based platform. Launched by the Smart Dubai Office in partnership with du, Dubai Pulse offers virtual solutions to cater to web, application, database ...

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ERC sponsors wedding for200 couples in Aden

Aden / WAM The Emirates Red Crescent (ERC), organised the second group wedding for 200 couples in 11 Yemeni Governorates, as part of 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, to hold a series of weddings which will benefit 2200 young people. ...

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Geltec opens AED10mn factory at DP World

Dubai / Emirates Business His Excellency Dr Amin Hussein Al Amiri, Assistant Undersecretary for Public Health Policy and Licensing, Ministry of Health and Prevention (MoHAP), inaugurated the new plant for Geltec that manufactures dietary supplements and medicines at the National Industries Park (NIP) of DP World. The opening ceremony was attended by Ahmad Al Haddad, Chief Operating Officer, Parks and ...

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Sharjah invites Chinese investors to explore economic capacity

Sharjah / WAM The Sharjah FDI Office, Invest in Sharjah, in collaboration with the Chinese Business Council, organised the Sharjah–China “Belt & Road” Business Round Table at the Sharjah Chamber of Commerce and Industry. The Chinese delegation of 140 businesspersons was led by Lei JIN, Economic and Commercial Counsellor of the Consulate-General of the People’s Republic of China, and Shaoguo ...

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UAE embassy in Italy opens Afghan hand-woven carpets exhibition

ROME / WAM The UAE Embassy in Italy opened the Afghan hand-woven carpets exhibition under the theme ”Empowering Afghan women for more shining future” at San Giovanni Battista dei Genovesi in central Rome. The exhibition is being held under the Fatima bint Mohamed bin Zayed Initiative (FBMI), which offers a unique and creative approach by employing Afghan women in the handmade ...

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President amends provisions in Abu Dhabi real estate law

ABU DHABI / WAM In his capacity as Ruler of Abu Dhabi, President His Highness Sheikh Khalifa bin Zayed Al Nahyan, has issued a law amending provisions of Law No. 19 of 2005 concerning real estate sector in Abu Dhabi. The new law stipulates amendments to Articles 3 and 4 of the ‘Real Property Law’. Article 3 (i) stipulates the ...

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UAE’s GDP to reach $460b in 2019: IMF

Abu Dhabi / WAM The International Monetary Fund (IMF) has forecast the UAE’s nominal gross domestic product (GDP) to grow 4.7 percent to AED 1.673 trillion ($460 billion) in 2019, compared to AED 1.589 trillion a year ago. The GDP growth is reflective of the economic diversification efforts made by the country, according to the Washington-based fund. Driven by remarkable ...

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Dubai Investments to distribute 10% cash dividend

DUBAI / WAM Dubai Investments, the leading diversified investments conglomerate listed on the Dubai Financial Market, has decided to distribute 10 percent cash dividend to its shareholders for the financial year ending December 31, 2018. A proposal to this effect was approved by shareholders at the group’s 23rd annual general meeting (AGM). The company’s shareholders also approved all other resolutions ...

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Grandweld Shipyards delivers four crew boats to Kuwait Oil Company

Dubai / Emirates Business The UAE-based, Grandweld Shipyards, has announced a delivery of four Crew Boats to Kuwait Oil Company “KOC”. As per the contractual agreement signed in May 2017, Grandweld should build six Pilot Boats and four Crew Boats for KOC. Five boats have been delivered and the remaining five will be delivered in June 2019. Furthermore, the newly ...

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