Local News

‘Dubai is an ecosystem for innovation, future economy’

Dubai / Emirates Business Mohammed Al Gergawi, Minister of the UAE Cabinet Affairs and The Future, Vice Chairman of the Board of Trustees and Managing Director of Dubai Future Foundation, said that Dubai became an ecosystem for innovation and the future economy, and a preferred global destination for conferences and exhibitions focused on future sectors and emerging technologies. Al Gergawi ...

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ADX holds workshop on ‘corporate governance’

ABU DHABI / Emirates Business As part of its ongoing efforts to introduce the latest developments in corporate governance and their implementation in listed companies, Abu Dhabi Securities Exchange (ADX), the region’s leading financial market, held a workshop on Corporate Governance and Board of Directors’ Role at its headquarters. Senior executives from relevant departments responsible for the application of corporate ...

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Al Hilal Bank’s new initiative to accelerate fund transfers

ABU DHABI / Emirates Business As part of Al Hilal Bank’s Digital and Operations transformation programme, the bank announced the introduction of our Payments STP (straight-through-processing) initiative. With STP, online (internet banking/ mobile banking) fund transfers in AED and inward fund transfers are now carried out almost instantly, adding speed and efficiency to the process. Speaking on the announcement, Alex ...

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Dubai Tourism signs deal to woo more Japanese tourists to emirate

Dubai / Emirates Business Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) and H.I.S. Co., Ltd., one of Japan’s leading travel agencies, signed a Memorandum of Understanding (MoU) in Tokyo to confirm a strategic collaboration between the two entities. This month’s agreement marks the first-of-its-kind for Japan’s travel and tourism sector, and emphasises the commitment from Dubai Tourism and ...

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UAE imports $450 million worth of French produce

Dubai / Emirates Business With imports totalling $452,280,000, the UAE is one of the largest importers of French produce to Middle East, as revealed by French trade agency. UAE residents have been invited to re-discover the diversity, quality and taste of some of France’s most famous brands in a month long partnership with Carrefour. “As tastes evolve and become more ...

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RTA, Careem establish e-hail taxi JV

DUBAI / WAM The Dubai Roads and Transport Authority (RTA), has announced the establishment of an E-Hail Taxi Joint Venture with Careem Networks Company (Careem); the leading ride hailing technology company in the region. Accordingly, the new company, the name and logo of which will be announced in the next few months, will provide e-hail taxi services to customers beginning ...

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UAE’s pioneering initiatives enhance Islamic economy

DUBAI / Emirates Business The Dubai Islamic Economy Development Centre (DIEDC) on Saturday outlined the 2019 action plan for the Dubai: The Capital of Islamic Economy initiative at its fourth board meeting for 2018. Chairing the meeting, Sultan bin Saeed Al Mansouri, Minister of Economy and Chairman of DIEDC, confirmed the UAE’s pioneering role as a catalyst for innovative initiatives ...

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DP World helped establish Jordan-Syria key trade link

Dubai / Emirates Business Global trade enabler DP World has helped establish a 2,500 kilometre long transport corridor from Jebel Ali to the Naseeb-Jaber border crossing between Jordan and Syria. Trucks loaded with goods at its flagship Jebel Ali Port and Free Zone in the UAE have travelled through Saudi Arabia, Jordan, Syria and Lebanon in close collaboration with all ...

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2nd phase of expansion plan for Danat Al Emarat Hospital to cost $82mn

ABU DHABI / WAM The United Eastern Medical Services Board announced on Saturday the second phase of the expansion project of Danat Al Emarat Hospital for Women and Children in Abu Dhabi. The second phase includes the construction of a new tower with a capacity of 100 beds, at a total cost of AED300 million ($81.7 million). The new tower ...

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EAD celebrates a decade in global strategic partnerships

ABU DHABI / WAM The Environment Agency – Abu Dhabi (EAD), and RTI International, an independent, non-profit research institute headquartered in the United States, celebrated 10 years of close collaboration on environmental protection technology, systems, and practices. The strategic partnership has enhanced EAD’s capabilities in developing environmental management programmes tailored to Abu Dhabi’s unique biological, social, and economic context. It ...

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