Local News

Abdullah, Japanese minister discuss ways to bolster ties

Abu Dhabi / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, received Hiroshige Seko, Japanese Minister of Economy, Trade and Industry, in Abu Dhabi on Sunday to discuss methods of boosting strategic bilateral ties in political, investment, economic and trade sectors. Sheikh Abdullah and the Japanese minister also exchanged views on the ...

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Sotheby’s Dubai to showcase a myriad of masterpieces in October

Dubai / WAM Sotheby’s Dubai has announced an exhibition which will unveil modern and contemporary masterpieces from the Middle East. The exhibition will run from October 9-12 at the Dubai International Financial Centre. Bringing together worldwide highlights from Sotheby’s international auction calendar spanning the forthcoming season, the exhibition will star highly sought-after masterpieces by celebrated artists from the region alongside ...

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NBF launches first electronic banking service unit

Fujairah / WAM The National Bank of Fujairah (NBF), has announced the bank’s maiden electronic banking service unit in the heart of Abu Dhabi’s Al Reef community. In line with the bank’s continuing expansion of its domestic customer network in the UAE, the new NBF service unit will provide residents with a full range of services using state-of-the-art technology, including ...

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DCCI achieves 100% smart transformation of core services

Dubai / WAM The Dubai Chamber of Commerce and Industry (DCCI) announced that it has achieved 100 percent smart transformation of core services provided to its members and the local business community. The announcement was made during GITEX Technology Week 2017, where the chamber is exhibiting and showcasing its wide range of smart services that are accessible through its website ...

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ENBD REIT acquires Dubai Internet City building for AED280 million

Dubai / Emirates Business ENBD REIT (CEIC) Limited, the Shari’a-compliant real estate investment trust managed by Emirates NBD Asset Management, announced its acquisition of The Edge office building in Dubai Internet City from developer SWEID & SWEID at a transaction value of AED 280 million. The premier 92,000-square foot office building, is home to global tech outfit Oracle, social media ...

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UAE to honour winners of Arab Reading Challenge

Dubai / WAM The Higher Committee of the Arab Reading Challenge announced that this year’s competition has seen a whopping 108 percent increase in participation among Arab students living in non-Arab countries. The numbers are testimony to the initiative’s success in transcending the borders of the Arab world. In total, students from 11 countries – the UK, Denmark, France, Indonesia, ...

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DPM to showcase digital achievements

Abu Dhabi / Emirates Business The Abu Dhabi Department of Urban Planning and Municipalities (DPM) will showcase its latest digital development projects in the Abu Dhabi digital government pavilion at GITEX 2017. The DPM has been invited to attend the event due to its impressive achievements in developing and implementing digital enhancements to its processes and customer services. During the ...

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ADIPEC to drive strategic evolution of oil, gas industry

Abu Dhabi / Emirates Business An expanded and restructured strategic conference programme at the world’s leading annual meeting for senior oil and gas decision makers, the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), will play a vital role in driving strategic investment decisions across the industry’s full value chain, organisers said today. Investment in refining and selling the oil ...

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IoT to catalyse Mideast’s $70bn digital economy

Dubai / Emirates Business Global digital transformation enabler, SAP, announced on Saturday at GITEX Technology Week 2017 that the Internet of Things (IoT) will catalyze the Middle East’s $70 billion digital contribution to GDP. According to McKinsey, the UAE contribution to that figure is $15 billion. Governments across the Middle East, North Africa, and Southwest Asia are increasingly driving innovative ...

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DLD world’s first government entity to conduct all transactions via Blockchain

Dubai / WAM The Dubai Land Department (DLD), reached another technical milestone by becoming the world’s first government entity to adopt blockchain technology, reflecting the ‘Dubai Blockchain Strategy’ launched by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Board of Trustees of Dubai Foundation for the Future. The initiative has been ...

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