Local News

Second Emirates Derma concludes on a high note

Dubai / Emirates Business The second edition of Emirates Academy of Dermatology, Aesthetics and Laser Conference & Exhibition – Emirates Derma successfully concluded in Abu Dhabi on Saturday; featuring many productive discussions, brainstorming sessions and exchange of knowledge on a variety of topics in cosmetic dermatology, plastic surgery, facial aesthetics and anti-ageing. Over the three-days, the premier skincare gathering that ...

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Dubai issues 13,825 new licences in first 9 months of 2018

DUBAI / WAM The Business Registration and Licensing (BRL) sector of the Department of Economic Development (DED), Dubai, issued 13,825 new licences in the first nine months of 2018. Among the new licences issued, 61.2% were commercial, 36.4% professional, 1.2% related to tourism and 1.1% were industrial. The ‘Business Map’ digital platform of Dubai DED saw 204,319 business registration and ...

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RTA to build AED477mn bridges to Deira Islands

Dubai / WAM The Roads & Transport Authority (RTA), in coordination with Nakheel, has awarded a contract for the construction of three bridges leading to Deira Islands. The bridges, which link with the existing bridge crossing the water canal, consist of six lanes in each direction and will be built at cost of AED447 million. The project is undertaken in ...

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Digital geological maps for building permits launched in Abu Dhabi

Abu Dhabi / WAM The Abu Dhabi City Municipality has launched a Geospatial Information Management System (GIMS), a sophisticated smart electronic system for soil database that contains all geotechnical, geophysical, hydrological and environmental data, displayed on interactive geological maps. The project has been undertaken in the context of the Abu Dhabi Emirate’s vision, a strategic plan designed particularly for the ...

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Saif Zone to participate in World CEO forum as platinum sponsor

Sharjah / WAM The Sharjah Airport International Free (Saif Zone) has announced that it will participate in the World CEO Forum as a Platinum Sponsor for the event, which will take place from October 21-24, aboard the world-famous Queen Elizabeth II cruise liner and will be attended by some of the greatest commercial minds in the Middle East. Saud Salim ...

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Dewa awards AED382mn power cables contract

Dubai / WAM Dubai Electricity and Water Authority (Dewa) awarded contracts worth AED 382 million to supply 1,548 kilometres (km) of 11 kilovolt (kV) power cables. The contracts include the supply of cables across different regions in Dubai to meet the criteria for the electricity distribution network expansion, and to keep up with the continued growth in demand for electricity ...

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New air quality station in Dubai to keep check on pollution

Dubai / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, inaugurated an ambient air quality monitoring station at the headquarters of the Ministry of Climate Change and Environment in Dubai. The station has been developed in partnership with BDH Middle East, a leading global supplier of the widest range of chemicals, glassware, apparatus, lab instruments, ...

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DLD, TRA sign deal to regulate real estate ads

DUBAI / WAM The Dubai Land Department (DLD) and the Telecommunications Regulatory Authority (TRA) signed a mem- orandum of understanding (MoU) during the Gitex Technology Week. The agreement aims to regulate real estate advertisements by setting an operational framework in the control departments, thus reducing misleading real estate advertisements. Hamad Obaid Al Mansoori, Director-General of the TRA, said, “The Authority ...

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Commercial Bank of Dubai profit up 26.8%

DUBAI / Emirates Business Commercial Bank of Dubai (CBD) reported its financial results for the first nine months of 2018. The bank’s year to date net profit of AED843 million was 26.8% higher on the back of a 1.5% increase in operating income and a 5.3% decline in operating expenses; impairment allowances meanwhile decreased by 17.2%. Operating income for the ...

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FAB named Mideast’s safest bank for 2nd year in a row

Abu Dhabi / WAM First Abu Dhabi Bank (FAB) was named “Safest Bank in Middle East” for second year at Global Finance magazine’s Best Banks Awards. Andre Sayegh, FAB Deputy Group CEO and Head of Corporate and Investment Banking, said, “We are very proud to be receiving the Safest Bank in the Middle East Award for the second year in ...

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