Local News

DUBAI / WAM The Dubai Chamber of Commerce and Industry concluded a study mission to India, which explored business opportunities in the country’s gems and jewellery sector. The study mission included visits to Mumbai and Delhi and coincided with the India International Jewellery Show, the largest event of its kind in India, where the Dubai Chamber hosted a seminar attended ...

DUBAI / WAM The Dubai Chamber of Commerce and Industry has announced that it will waive late membership fees in an effort to reduce the cost of doing business in Dubai and enhance the competitiveness of the emirate’s private sector. The move falls in line with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and ...

ABU DHABI / WAM Bryan Thompson has been appointed Chief Executive Officer of Abu Dhabi Airports. Thompson brings with him more than 25 years of international experience in various areas of airport management and operations, including ANS, terminal operations, strategy and planning, in addition to infrastructure and corporate development. In his previous role as Senior Vice President — Development at ...

Dubai / WAM The Dubai Gold and Commodities Exchange (DGCX) and the Dubai Islamic Economy Development Centre (DIEDC) on Tuesday signed a Memorandum of Understanding (MoU) to share knowledge, promote Shari’ah-Compliant finance, and help foster Dubai as the global capital of Islamic economy. Abdulla Mohammed Al Awar, CEO of DIEDC, and Les Male, CEO of DGCX, signed the agreement at ...

ABU DHABI / Emirates Business Watania Takaful Company, one of the leading insurance companies in the UAE, announced on Tuesday a net profit of AED7.8 million for the first half of this year the company delivered, marking an increase of 190 percent compared to AED2.7 million in the same period last year. The company pointed out the most notable feature ...

ADEN / WAM A number of international relief organisations have praised the humanitarian, development and service initiatives of the UAE in Yemen, and the country’s eminent role in easing up the scourge of the embattled country’s current humanitarian situation and supporting Yemeni households across the liberated governorates and districts. This came during discussions in Aden between Saeed Al Kaabi, UAE ...

MECCA / WAM The UAE’s official Hajj mission has reaffirmed readiness to ensure best healthcare services to the country’s pilgrims during their stay in the Kingdom of Saudi Arabia. A total of eight field teams, including mobile clinics, have been formed by the Ministry of Health and Prevention to provide healthcare services, with each team to be comprised of a ...

Dubai / Emirates Business Almost half of UAE CEOs in the retail industry intend to start using artificial intelligence (AI) in the next two years, as they are increasingly influenced by technology to enhance the retail store experience for customers. This is according to the 2018 Global Consumer Executive Top of Mind survey, ‘No Normal is the New Normal’ jointly ...

DUBAI / WAM Dubai made a reduction in nitrogen oxide (NOx) emissions by 63 percent in 2017, compared with 2007, and an improvement in the cumulative efficiency between 2006 and 2017 by 28.87 percent, equivalent to a reduction of 43.9 million tonnes of carbon dioxide emissions, with a production capacity of 10,200MW in 2017, according to the fifth annual Sustainability ...

Dubai / Emirates Business Azizi Developments, one of the leading private developers in the UAE, has announced a construction milestone for its flagship waterfront community project in Meydan One, Azizi Riviera. Comprising of 16,000 units, the AED12 billion project has crossed the 20 percent completion status. Ground floor works are completed across the mid-rise buildings that comprise of seven to ...