Local News

Dubai / Emirates Business Mashreq Bank, the UAE’s leading financial institution, announced the joining of Sridhar Iyer as Head of Marketing & Head of Mashreq NEO. Prior to joining Mashreq, Sridhar held a number of senior positions with Citibank and Lloyds Bank in India and the UK. He first joined Citibank in 1996, where he was responsible for setting up ...

DUBAI / Emirates Business Dubai Startup Hub, an initiative of Dubai Chamber of Commerce and Industry, launched the second edition of its Market Access programme, which aims to enhance cooperation and facilitate deals between innovative startups (SMEs), leading companies and government entities in Dubai. Startups and SMEs are invited to submit innovative ideas and solutions that solve key challenges faced ...

Dubai / WAM Dubai has ranked first in the Arab world in terms of government budget (as percentage of GDP), while globally the emirate ranked seventh in government efficiency and third in public finance, according to the Competitiveness Report 2018 issued by the International Competitiveness Centre of the International Institute for Management Development (IMD) based in Lausanne, Switzerland. Commenting on the ...

VATICAN / wam Pope Francis has commended the efforts made by the UAE to promote tolerance and strengthen inter-faith dialogue and peaceful co-existence between world peoples. Pope Francis made the remarks at his meeting at the Vatican with HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, who is currently on an official visit to ...

Dubai / WAM Dubai Culture and Arts Authority, represented by Dubai Public Library, announced the start of ‘Zayed Used Books Fair’ at Etihad Mall. The exhibition will be held until June 9. The five-day exhibition is in collaboration with Al Noor Charity association, and is part of a series of events organised by the authority in conjunction with ‘Zayed Humanitarian ...

Abu Dhabi / WAM The Abu Dhabi City Municipality (ADM), launched a new drive as part of its initiatives for the Year of Zayed whereby readymade engineering designs of annexes to residential land plots will be offered. These models will be provided at reduced rates; which will slash the financial costs of such operations when undertaken through normal channels. The ...

Dubai / Emirates Business In a bid to promote sustainable living, Dubai Properties on Tuesday officially unveiled the Middle East’s largest living green wall at Dubai Wharf, located in the heart of Culture Village overlooking the historic Dubai Creek. Extending 210 metres in length and rising six metres high, the impressive vertical garden spans 1,260 square metres and features over ...

DUBAI / WAM The Ministry of Climate Change and Environment (MoCCAE) is introducing a new project to survey and map agricultural areas using unmanned aerial vehicles or drones. MoCCAE invited several professional drone companies in the UAE to carry out the pilot phase of the project. Commencing in the second week of June, this phase will include surveying and mapping ...

SHARJAH / WAM Saud Salem Al Mazrouei, Director of the Hamriya Free Zone Authority and the Sharjah International Airport Free Zone Authority, signed an investment agreement with Ramesh Parekh, Chairman of Gandhar Oil Refinery India, to establish an integrated project to produce white oil, liquid paraffin, hydraulic liquid, transformer oil, rubber processing oil, motor oil and industrial oil. The agreement ...

ABU DHABI / WAM Abu Dhabi Islamic Bank (ADIB) announced the launch of a 100 percent capital protected cloud technology equities basket note, designed to capture the growth in the cloud computing industry. The investment note matures in 12 months and provides 100 percent capital protection at maturity to minimise investment risk. The note opens for subscription until June 23, ...