ABU DHABI / WAM Saif Bader Al Qubaisi, General Manager of Abu Dhabi City Municipality (ADM), and Dr Ali Al Zarouni, Deputy Executive Director of Production, Technology Development and Transfer at Emirates Global Aluminum Company (EGA), signed an agreement under which EGA will construct a sports stadium at Al Samha. The initiative is intended to bring happiness to community members, ...
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RAK sees double digit growth in international visitors
Ras Al Khaimah / Emirates Business Ras Al Khaimah Tourism Development Authority (RAKTDA), the government body that develops the emirate’s tourism infrastructure and initiates its domestic and overseas promotions, on Monday announced its consolidated results for the first three quarters of 2018. The organisation reported growth of 11.2 per cent in international guests in the first nine months of the ...
Read More »Emaar Malls’ 9-month profit up 9%
DUBAI / WAM Emaar Malls, the shopping malls and retail business majority-owned by Emaar Properties, has recorded a growth in net profit of 9 percent during the first nine months of the year to AED1.639 billion ($446 million), compared to the same period in 2017 at AED1.507 billion ($410 million). Revenue for the first nine months of the year was ...
Read More »Abu Dhabi consumer confidence rises in Q2
ABU DHABI / WAM The results of the General Index on Consumer Confidence in Abu Dhabi’s economic performance in Q2, issued by the Department of Economic Development — Abu Dhabi, showed a considerable improvement in confidence and optimism levels among consumers in Abu Dhabi. The confidence represent one of the key enablers supporting busin- ess environment and economic performance.
Read More »FCA launches unified national customs strategy
ABU DHABI / WAM The Federal Customs Authority (FCA) launched the country’s first unified national customs strategy in Abu Dhabi, in cooperation with local customs departments, under the patronage of HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, and with the attendance of its strategic partners. Ali bin Subaih Al Kaabi, Customs Commissioner ...
Read More »Emirates Steel signs iron ore supply deal with Brazil’s Vale
Abu Dhabi / Emirates Business Emirates Steel, the only integrated steel plant in the UAE, has signed a four-year (2018-2021), high value contract with Brazilian firm Vale, the world’s largest producer of iron ore and iron ore pellets, to supply iron ore pellets for its steel production in Abu Dhabi, United Arab Emirates. Emirates Steel and Vale have a long-standing ...
Read More »UAE, Ireland to strengthen transportation cooperation
ABU DHABI / WAM Dr Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development and Chairman of the Federal Authority For Land and Maritime Transport, on Sunday received Aidan Cronin, Ambassador of Ireland to the UAE. During the meeting, the two sides discussed issues focusing on following up the maritime affairs discussed during the visit of the Minister to ...
Read More »Noor Bank selects Microsoft to help drive its digital transformation
Dubai / Emirates Business Noor Bank, a leading Shari’a-compliant bank in the UAE, on Sunday announced a significant partnership with Microsoft that will drive digital transformation within the bank’s operations to engage customers, empower employees, optimise operations and transform products and services. Within its decade-long presence, Noor Bank has grown at a substantial pace, and today provides a broad range ...
Read More »Workshop for construction entities held
ABU DHABI / WAM The Abu Dhabi City Municipality (ADM), organised a workshop entitled, ‘Registration and Accreditation of Entities in Building and Construction Sector’. The workshop sought to improve the awareness and compliance with the Abu Dhabi Occupational Safety and Health System Framework (OSHAD SF), which plays a pivotal role in improving the standards and practices of occupational health and ...
Read More »DIFC, China Banking Association sign deal
DUBAI / WAM Dubai International Financial Centre (DIFC), on Sunday announced the signing of a Memorandum of Understanding with China Banking Association (CBA), noting that the move will be a significant addition to the Centre’s global network of strategic partnerships. DIFC and CBA will collaborate on sharing best practices and delivering enhanced services to their communities of over 2,000 active ...
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