Local News

DMCC gets Global Free Zone Award

Dubai / WAM DMCC, the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise, has been named the ‘Global Free Zone of the Year 2018’ by the Financial Times’ fDi Magazine for a record fourth consecutive year. Central to the national economic diversification strategy, DMCC’s latest set of awards reflect its ability to attract foreign ...

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Dewa awards AED93 million contracts for 990 transformers

Dubai / WAM Dubai Electricity and Water Authority (Dewa) has awarded contracts to design, manufacture, test and supply 11/0.4KV, 1500KVA & 1000KVA Cast Resin Distribution transformers with LV Smart Meters to various leading international transformer manufacturers. The total cost of the 990 transformers is worth around AED 93 million. This supports DEWA’s ongoing efforts to meet various requirements to expand ...

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Dubai Customs receives 11th Arabia CSR award

Dubai / WAM Dubai Customs won first place in the 11th Arabia CSR Awards under the Public Sector Category in recognition of its efforts to demonstrate outstanding leadership and commitment to corporate sustainability. The award, organised by the Arabia CSR Network, saw the participation of more than 800 organisations, representing 31 sectors from 13 Arab countries. By taking advantage of ...

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FNC, Bahrain to strengthen cooperation

Abu Dhabi / WAM Ahmed Shabib Al Dhaheri, Secretary-General of the Federal National Council (FNC), on Sunday met at the FNC’s headquarters in Abu Dhabi, a joint delegation from the Bahraini Shura Council and the Supreme Council of Women of Bahrain. During the meeting, both sides discussed the means of strengthening their cooperation, coordination and partnership, as well as their exchange ...

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UAE hands over chairmanship of Aregnet to Bahrain

Dubai / WAM The Telecommunications Regulatory Authority (TRA), represented by Hamad Obaid Al Mansoori, TRA Director-General, participated in the 16th Annual Meeting of the Arab Regulators Network of telecommunications and information technologies (Aregnet), which was held in Bahrain based on the decisions of the 15th Aregnet meeting, which was hosted by the UAE in Abu Dhabi in September 2017. As ...

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Abu Dhabi to launch Mena’s first ‘healthcare moonshot’

ABU DHABI / WAM Abu Dhabi will see the launch of the inaugural edition of the Moonshot initiative for Healthcare Research for the first time in the Mena Region in Abu Dhabi on October 11. Under the patronage of HH Sheikh Hazza bin Zayed Al Nahyan, Vice Chairman of the Abu Dhabi Executive Council, VPS Healthcare, one of the UAE’s ...

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Emirates wins ‘airline of the year’ award

DUBAI / WAM Emirates won the Aviation 100 ‘Middle East & Africa Airline of the Year’, awarded by Airline Economics magazine. The Aviation 100 awards recognise aviation’s most outstanding performers, as well as the most innovative and successful finance and leasing deals closed in last 12 months. The awards were held during the Airline Economics Growth Frontiers Dubai 2018 conference ...

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Adnec set to host key international, regional events

ABU DHABI / WAM Abu Dhabi National Exhibitions Company (Adnec) will host more than 10 leading regional and international events across key sectors at its Abu Dhabi and Al Ain venues, during the month of October, which are expected to attract thousands of visitors, exhibitors and industry professionals and leaders. Commenting on the announcement, Humaid Matar Al Dhaheri, Group CEO ...

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Rise in FDI inflows reflects investor confidence in Dubai’s economy

Dubai / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council has stated that increasing foreign direct investment (FDI) inflows reflect growing investor confidence in Dubai. FDI into Dubai recorded significant growth in the first half of 2018, reaching $4.84 bn (AED17.76 bn), a 26% up compared to ...

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