Local News

Dubai / Emirates Business wasl Asset Management Group, one of the largest real estate development and management companies in Dubai, presented its flagship wasl1 project during the recent Luxury Property Showcase Beijing for an audience of over 7,000 wealthy Chinese entrepreneurs, investors, luxury properties owners and elite investors looking to purchase overseas properties. The event followed the successful launch of ...

Dubai / Emirates Business Dubai Association Centre on Sunday announced rapid growth in registrations of international associations in the first half of 2018. Established in 2014 as a joint initiative between the Dubai Chamber of Commerce and Industry, the Dubai Department of Tourism and Commerce Marketing (DTCM) and Dubai World Trade Centre (DWTC), the Centre now has a total of ...

ABU DHABI / WAM ADIB Securities, the brokerage subsidiary of Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has laun- ched services for clients to trade equities on US markets, including the New York Stock Exchange and NASDAQ. The new offering will enable customers to buy and sell Sharia’a-compliant stocks through ADIB Securities’ leading digital and traditional trading channels. ...

ABU DHABI / WAM The Abu Dhabi City Municipality (ADM) revealed that it has saved AED1.058 billion as a result of applying sustainability standards to various types of infrastructural projects. The achievement is marked by the implementation of the standards of value engineering and sustainability during the initial designs phases of the municipal projects. The ADM started implementation of sustainability ...

DUBAI/ WAM The DP World is planning to set up a logistics facility in Ethiopia to facilitate transport of goods to landlocked countries in Africa, revealed Sultan bin Sulayem, DP World Group Chairman & CEO and Chairman of Ports, Customs and Free Zone Corporation. “We are planning to set up a logistics complex in Ethiopia where goods can be transported ...

BENGALURU / WAM As part of his official visit to India, His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, and his delegation met H. D. Kumaraswamy, Chief Minister of the Indian State of Karnataka, on Saturday. The meeting saw discussions on friendship and cooperation ties in the areas of the economy, commerce, investment, ...

HODEIDAH / WAM The Emirates Red Crescent (ERC), distributed 3,000 food parcels and basic food items to the population in the Moshaj and Al Wa’rah areas, Khokha District in Yemen’s Hodeidah Governorate. They will help 21,000 Yemenis, including 15,000 children and 3,000 women. The assistance is part of the UAE’s support for Yemen and its continuous campaign to provide relief ...

Sharjah / WAM The Executive Committee for Expansion of Healthy Cities in Sharjah wrapped up a two-day workshop it had launched in collaboration with the World Health Organisation (WHO), with the aim of honing the capabilities and skills required by coordinators and working teams to meet the criteria for the expansion of Healthy Cities. The workshop updated information on the ...

Dubai / WAM Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, has signed a Memorandum of Understanding (MoU) with Finance Innovation, France’s official innovation cluster for the financial industry, based in Paris. The collaboration will support the development of the Fintech ecosystem in both markets and facilitate knowledge ...

Abu Dhabi / Emirates Business A tourism delegation led by the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) took a promotional roadshow to two key destinations within the Commonwealth of Independent States (CIS) region this month, promoting the UAE capital as a leading destination of distinction in Kazakhastan’s largest city of Almaty, and the Ukrainian capital ...