Local News

Mother of the Nation Festival returns to Abu Dhabi in March

Abu Dhabi / WAM The Department of Culture and Tourism – Abu Dhabi, DCT Abu Dhabi, has announced that the fourth ‘Mother of the Nation Festival’ will return to the UAE capital from March 12-23, in conjunction with the Special Olympics World Games, which is taking place from March 14-21. More than 7,500 athletes from 192 countries are set to ...

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DLD, ADIB sign MoU

DUBAi / Emirates Business Dubai Land Department (DLD) signed a banking solutions memorandum of understanding (MoU) with Abu Dhabi Islamic Bank (ADIB) for the transaction services of the ‘Tarweej’ real estate promotion initiative. The agreement was signed by HE Sultan Butti bin Mejren, Director General of DLD; Philip King, Global Head of retail banking at ADIB; and Tariq Abdullah Ahmad, ...

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$68mn released in bank guarantees for service providers

Dubai / WAM Dubai’s Department of Tourism and Commerce Marketing, Dubai Tourism, has initiated efforts to release approximately AED250 million ($68 million) in bank guarantees that have been furnished by tourism-related service providers, following the waiver of this prerequisite regulatory requirement to start a travel and tour business in the emirate. The new deregulatory measure allows for instant liquidity to ...

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Sheikh Mohammed approves DIFC’s new expansion plan

ABU DHABI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai said that Dubai is working towards cementing its position as a pivotal economic and commercial hub for the region in line with the fifty-year charter announced by His Highness that aims to ensure Dubai’s sustained prosperity ...

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Etisalat Digital accelerates adoption of AI, blockchain

DUBAI / WAM Future Now, the innovation programme of Etisalat, signed agreements with four scale-ups to develop artificial intelligence (AI) and blockchain solutions following the successful Dubai Future Accelerators programme. The signing ceremony also marked the opening of the Future Now scale-up collaborative space for Etisalat Digital’s partners. As part of the fifth group of Dubai Future Accelerators, Etisalat Digital ...

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ADSW to address global sustainability challenges

Abu Dhabi / WAM It is vital for the global community to commit to working together to address the challenges of climate change and accelerate sustainable development, UAE ministers and senior business leaders said on Monday ahead of Abu Dhabi Sustainability Week 2019 (ADSW). The event – one of the world’s largest sustainability gatherings – takes place in the UAE ...

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Dubai Customs, Indian companies exploring ways to promote trade

DUBAI / WAM Dubai Customs’ Director Ahmed Mahboob Musabih and Indian Consul-General in Dubai Vipul have explored ways of enhancing trade with India and tackling any challenges that may face the companies of both countries. This was discussed during the visit of a delegation headed by Vipul and included a number of businessmen, and representatives of Dubai-based Indian companies. The ...

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First-ever council for women in telco sector launched in UAE

Dubai / WAM Emirates Integrated Telecommunications Company (EITC), announced the launch of the UAE telco sector’s first Women’s Council as part of its commitment to empowering women and, in parallel with the UAE leadership directives, to emphasise the pivotal role women have in both society and different sectors across the country. Hanan Ahmed, EITC Women’s Council Chairwoman, said, “The Women’s ...

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Morison Menon rebrands itself as Kreston Menon

Dubai / Emirates Business After 25 years of professional service in the region, Morison Menon has made a strategic alignment with the 12th top global accounting network Kreston International. Announcing this progression to Kreston Menon in a press conference, Raju Menon, Chairman and Managing Partner, Kreston Menon said that with this strategic movement, the organisation is all set to enhance ...

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Emirates hires 10 UAE nationals for key posts

DUBAI / WAM Emirates Airlines announced a number of appointments to its commercial operations team across the Middle East, GCC and Africa, further demonstrating the airline’s commitment to strengthening its long-term commercial strategy and offer across these regions. All of the appointments bring Emirati talent into key leadership positions, either being promoted from within the organisation or through portfolio rotations, ...

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