Local News

Nakheel set to unveil new projects in Dubai

Dubai / WAM Dubai-based master developer Nakheel will launch new projects at prime locations across Dubai at next month’s Cityscape Global 2018, the company said on Wednesday. Nakheel said it will unveil a beachfront project at the new Deira Islands waterfront city and a new collection of townhouses – each with a private pool – at the high end Jumeirah ...

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Investment strategy for UAE’s space sector to be announced in October

Abu Dhabi / WAM The UAE Space Agency has revealed that it is preparing a comprehensive strategy for investing in the UAE’s space sector, in cooperation with relevant authorities, which will be announced in October. Dr. Mohammed Nasser Al Ahbabi, Director-General of the UAE Space Agency, said that the strategy will help reinforce the contributions of the space sector to ...

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Mastercard becomes Expo 2020’s payment technology partner

Dubai / WAM Expo 2020 Dubai’s unique visitor experience will be enhanced, thanks to a new premier partnership with Mastercard that includes exploring the use of payment technologies from virtual reality to biometrics and voice shopping. The company was on Wednesday revealed as Expo 2020’s Official Payment Technology Partner at Mastercard’s ‘Connecting Tomorrow’ Forum in Barcelona, Spain. The partnership includes ...

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UAE and UN reinforce global security, stability

Abu Dhabi / WAM The UAE has created, through its support for relevant United Nations agencies and organisations, a unique model of serving the UN’s goals and its efforts to promote diplomatic action, through specialist Emirati agencies and organisations. During its participation in the 73rd session of the UN General Assembly, the UAE confirmed its support for UN and highlighted ...

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Industrial producer price index up 13.4%

ABU DHABI / WAM The Industrial Producer Price Index related to manufacturing in Abu Dhabi rose by 80.6% during second quarter 2018, a 13.4% increase compared to 71% during the same period in 2017, according to statistics issued on Tuesday by Abu Dhabi Statistics Centre, which also highlighted a 4.2% increase in the index compared to the first quarter of ...

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ADGM signs deal to develop Abu Dhabi financial free zone

ABU DHABI / WAM Abu Dhabi Global Market (ADGM), has announced the signing of a strategic new Memorandum of Understanding (MoU), with Abu Dhabi Smart Solutions and Services Authority (Adsssa). The new partnership is aimed at exploring innovative initiatives and projects that can greatly contribute towards the development of the financial freezone on Al Maryah Island and reinforce efforts to ...

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Nakheel awards $9.5mn contract for leisure hub

Dubai / WAM Nakheel awarded a contract worth AED35 million ($9.5 million) for the construction of a sports, health and leisure hub at Dubai’s Jumeirah Park community. Featuring an Olympic-size swimming pool, one of Dubai’s biggest gyms, a Clubhouse, spa and medical centre, the new destination will combine first-class sports facilities with a range of restaurants, cafes, shops and services ...

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TRA teams up with Cisco to work for UAE’s digital future

DUBAI / WAM The Telecommunication Regulatory Authority (TRA) and Cisco have signed a Memorandum of Understanding (MoU), to accelerate digital adoption and boost cooperation for the UAE’s digital future. The MoU is a key addition to Cisco’s Country Digital Acceleration (CDA), programme in the UAE, which aims at building and enhancing a strategic relationship with national leadership, industry, and academia ...

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Air Arabia launches new route to Kabul

SHARJAH / WAM Air Arabia has announced the introduction of its new flight to Kabul, the capital city of Afghanistan, direct from Sharjah. Air Arabia’s introductory flight to the city will commence on October 4. The 2 hour 30-minute flight will operate four times per week, on Mondays, Thursdays, Saturdays and Sundays. The outbound flight from UAE will depart from ...

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Dubai Chamber examines CSR role in driving business growth

Dubai / WAM The Dubai Chamber of Commerce and Industry hosted an informative seminar examining the role of Corporate Social Responsibility (CSR), in driving business growth which provided a platform for Dubai-based SMEs to share knowledge, insights and best practices. Organised by Dubai Chamber’s Centre for Responsible Business, the seminar featured presentations from successful SMEs in the emirate that highlighted ...

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