Local News

Sharjah / WAM The Sharjah Electricity and Water Authority (SEWA), is preparing to launch 10 initiatives to encourage the community to participate in the ‘Peak Hour’ initiative launched by HH Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah. The Peak Hour will be held on July 1 every year from 2:30 to 3:30 pm, ...

Dubai / WAM Dubai Multi Commodities Centre (DMCC) and Emirates Post Group (EPG) have announced the signing of a Memorandum of Understanding (MoU). The agreement sees the provision of dedicated Emirates Post Business Boxes, and a range of exclusive postal services to DMCC’s 15,000 plus member companies, and its Jumeirah Lakes Towers (JLT), community of over 100,000 people. Ahmed bin Sulayem, ...

Abu Dhabi / WAM Dr Amal Abdullah Al Qubaisi, Speaker of the Federal National Council (FNC) met Paul Kavanagh, Ambassador of Ireland to the UAE, and discussed ways to enhance cooperation between the UAE and Ireland, especially in the parliamentary field between the FNC and the Irish Parliament. During the meeting, held at the FNC headquarters, they emphasised the importance ...

Dubai / WAM The 8th edition of the Annual Investment Meeting (AIM) that took place at the Dubai World Trade Centre (DWTC) saw the highest number of global investors gather in one venue, numbering 20,332, including more than 1,000 investment specialists and advisors from 143 countries conclude 1,852 business-to-business and 821 government-to-business meetings in three days. The high-profile event also was graced ...

DUBAI / WAM The UAE’s General Civil Aviation Authority (GCAA) denied on Wednesday the news of what is being circulated about an attempt to hijack a plane belongs to the national carrier flydubai in Iranian airspace. Saif Al Suwaidi, Director General of the GCAA, emphasised that flight No. FZ301, which was heading from Dubai to Kabul, has returned to Dubai ...

ABU DHABI / WAM The Abu Dhabi Fund for Development (ADFD) on Wedne-sday announced that it had financed 11 development projects worth AED1.4 billion in 2017, benefitting nine developing countries. Totalling more than AED646 million, four of the 11 projects were allocated as concessionary loans to Egypt, Antigua and Barbuda and the Maldives, whereas the remaining seven projects were funded ...

FUJAIRAH / WAM Oil product stocks in the Middle East’s key oil hub of Fujairah rose 11.1 percent in the week to Monday, with inventory levels up across all reported categories. Total oil product stocks in Fujairah were 19.379 million barrels, up 1.93 million barrels from a week earlier, according to data from the Fujairah Energy Data Committee, or FEDCom. ...

DUBAI / Emirates Business Etisalat Digital on Wednesday announced that it has signed strategic partnerships with four scale-ups as part of the ‘Dubai Future Accelerators Program,’ the world’s largest government supported accelerator. The 4th cohort of the ‘Dubai Future Accelerators’, launched in March this year with the participation of Etisalat Digital and other government bodies and in cooperation with the ...

DUBAI / WAM The Commercial Compliance and Consumer Protection (CCCP) sector in the Department of Economic Development saw a 30 percent increase in consumer complaint during the first quarter (Q1) of 2018 compared to the same period last year as more and more consumers continued to come forward and raise their concerns with the authorities as well as merchants. CCCP, ...

DUBAI / WAM Dubai Airports, in partnership with Samsung Electronics and AirportLabs has achieved another first in the region by rolling out an advanced cloud-based Flight Information Display solution along with System on Chip (SoC) display technology at Dubai International (DXB) and Dubai World Central (DWC) airports. The upgrade is the result of an initiative undertaken by Dubai Airports in ...