Local News

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, received on Monday in Madinate Jumeirah in Dubai, Deputy Secretary-General of the United Nations Amina Mohammed. HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai also attended the meeting. Sheikh Mohammed and Amina Mohammed ...

ABU DHABI / WAM­­­­­ Masdar City, Abu Dhabi’s flagship sustainable urban development, has embarked on the next phase of its sustainable mobility network by unveiling its first Navya autonomous vehicle. Capable of transporting up to 12 people, the Autonom Shuttle was inaugurated in the presence of dignitaries representing the Department of Transport, Abu Dhabi Police, and the French Embassy. Also ...

DUBAI / WAM The Federal Competitiveness and Statistics Authority (FCSA) has announced the signing of ten MoUs and strategic partnership agreements that aim to develop national capabilities in the field of statistics and accelerate the effort to meet the United Nation’s Sustainable Development Goals 2030 (SDGs). The announcement was made on the first day of the second UN World Data ...

DUBAI / WAM Dubai Electricity and Water Authority (Dewa), is organising both the third Dubai Solar Show and the 20th Water, Energy, Technology, and Environment Exhibition (Wetex 2018), which will be held from October 23-25, at the Dubai International Convention and Exhibition Centre. Both events are organised under the directives of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President ...

DUBAI / WAM Jebel Ali Free Zone (Jafza), is participating in SIAL 2018 in Paris this week, where it will highlight its strengths as the destination of choice for the food and beverage (F&B), as well as agri-food industries. DP World and Jafza are both participating in the five-day premier global F&B event, which started on October 21, as a ...

ABU DHABI / WAM The Gross Domestic Product of the Emirate of Abu Dhabi surged 12 percent to as much as AED456 billion in current prices from AED407 billion in 2017, according to official figures released recently by the Abu Dhabi Statistics Centre — Abu Dhabi (SCAD). The growth reflects the economic recovery witnessed by the domestic economy on the ...

DUBAI / Emirates Business Mashreq, one of the leading financial institutions in the UAE, reported its financial results for the first nine months ending September 30, 2018. The net profit of the lender for the first nine months stood at AED1.7 billion, a 5% increase YoY, while its operating income rose by 3.6% and reached AED4.6 billion. Mashreq’s best- in-class ...

ABU DHABI / WAM The hotel guest night revenues across the Emirate of Abu Dhabi increased 22 percent during July 2018 as compared to June of the same year, according to the Statistics Centre — Abu Dhabi (SCAD) SCAD estimated the YoY growth at 4.5 percent and attributed it to the robust tourist infrastructure boa-sted by Abu Dhabi in terms ...

DUBAI / WAM Essa Kazim, Governor of Dubai International Financial Centre (DIFC), has received Cao Gua-ngjing, Vice-Governor of the People’s Government of the Hubei Province in China. During the visit, the parties discussed collaboration opportunities as part of China’s Belt and Road Initiative. In addition, new areas of growth that would be of interest and benefit to Chinese institutions based ...

SHARJAH / WAM The Sharjah FDI Office, known as Invest in Sharjah, has inked a Memorandum of Understanding (MoU) with the Italian Trade Commission (ITC) to expand bilateral investment prospects between Sharjah and Italy. Mohamed Juma Al Musharrkh, CEO of Invest in Sharjah, and Stefano Nigro, Director of the Foreign Investment Department at the ITC, signed the MoU. The new ...