Local News

Dubai / Emirates Business Dubai International Financial Centre (DIFC), the leading financial hub in the Middle East, Africa, and South Asia region (Measa), has made great strides in the fintech space, cementing Dubai’s position as one of the world’s top 10 fintech hubs and a preferred growth platform for startups and SMEs. DIFC has hosted the 6th annual International Finance ...

NEW YORK / WAM Lana Nusseibeh, Ambassador and Permanent Representative of the UAE to the UN, announced that the UAE will contribute $5 million to the UN Central Emergency Relief Fund (CERF) for the year 2019 at CERF’s annual High-Level Pledging Event on December 7. “As a testament to CERF’s effectiveness and the UAE’s commitment to its principles of humanity, ...

HODEIDAH / WAM Houthi militias continue to cause damage to the infrastructure and services in Yemen by setting-up booby traps in schools and planting improvised explosive devices and mines in food cans and bags, as part of their destructive strategies to achieve maximum loss of life. In this regard, the Al Sharaf School in Hodeidah has been transformed into a ...

Sharjah / WAM The Sharjah Chamber of Commerce and Industry (SCCI), represented by the Sharjah Exports Development Centre, will organise a trade mission to Kenya and Uganda, as part of its strategy to find and develop marketing opportunities for local industries in promising foreign markets, and especially in Africa. The chamber’s trade mission will travel on Monday, along with the ...

Rome / WAM Kalimat Group, a leading global publisher of award-winning Arabic children’s and young adult books, and Gallucci Publishing, an Italian publisher known for books that help address challenges faced by the youth, have come together to establish the Gallucci-Kalimat publishing house. The joint publishing house will work on translating, distributing, and marketing titles in Italy initially, with plans ...

SHARJAH / WAM Sharjah International Commercial Arbitration Centre, Tahkeem, signed a Memorandum of Understanding (MoU), with the London-based Chartered Institute of Arbitrators (CIArb), for a range of collaborations including support, advice, and training. On behalf of Tahkeem, the MoU was signed by Ahmed Saleh Al-Echlah, Tahkeem Director, and Anthony Abrahams, Director General CIArb, in the presence of Abdulla Deaifis, Tahkeem ...

Dubai / WAM The Business Registration and Licensing (BRL) Sector in the Department of Economic Development (DED), Dubai, has issued a report on the paper products industry, which includes statistics on the number of companies operating in Dubai, and the historical presence of paper product companies from 1963 until 2018. This is to assist in determining the expected volume of ...

Dubai / WAM Etihad Credit Insurance (ECI), the UAE Federal export credit company, signed a Memorandum of Understanding with French bank Natixis, a subsidiary of Groupe BPCE, the second-largest banking group in France, to strengthen UAE’s exporters’ capability to trade globally, assist businesses to expand internationally and support the UAE’s non-oil diversification strategy. The areas of cooperation between ECI and ...

Dubai / Emirates Business Emirates, the world’s largest international airline, has introduced an additional Airbus A380 service to Johannesburg, replacing the previous Boeing 777 aircraft on the route. EK762 and EK761 are now served by the flagship A380 aircraft. This change in aircraft supports growing demand in South Africa, a 14% increase in seat capacity will be as a direct ...

DUBAI / WAM Dubai Customs bagged three awards at the latest Ideas UK 32nd International Conference 2018, held in Manchester, United Kingdom. The department won the Platinum Accreditation for the ninth year in a raw, scoring 100 percent for the sixth consecutive year; the Idea of the Year for The Advisor (World’s First Customs Training and Explosives Suitcase), innovated by ...