Local News

ABU DHABI / WAM Sheikha Lubna bint Khaled Al Qasimi, President of Zayed University welcomed 2161 new students enrolled for the new academic year 2018-2019. She directed them to be ambitious, competent, and innovative to meet proposed future aspirations. During her video welcoming speech at the opening of the New Student Orientation Program in Abu Dhabi and Dubai campuses, Al ...

ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan issued Emiri Decree No. 02 of 2018 amending the UAE Cybercrimes Law. According to the Decree, Article Nos. 26, 28 and 42 of Federal Decree-Law No. 05 of 2012 on Combatting Cybercrimes will be replaced with updated provisions. Article No. 26 stipulates an imprisonment period of at ...

Dubai / Emirates Business Emaar Development, the UAE build-to-sell property development business majority-owned by Emaar Properties, reported a net profit of AED1.82 billion ($496 million) during the first six months (January to June) of 2018, an increase of 68 percent compared to AED1.08 billion ($294 million) during the same period last year. Revenue for first six months of the year ...

RAS AL KHAIMAH / WAM The Ras al-Khaimah Chamber of Commerce and Industry announced that the number of certificates of origin issued during the first six months of the current year reached 13,900 while the total value of exports by its members reached AED4.2 billion during the same period. Dr Ahmed Rashid Al Shamaili, Assistant Director-General of the Commercial Services ...

ABU DHABI / WAM The relations between the UAE and Norway have witnessed increasing development, in line with their strong bilateral ties over the past decades with the value of their trade exchange reaching around $639.9 million in 2017, compared to $326.7 million in 2016, according to Ministry of Economy’s Trade Policy Review Report. The value of imports from Norway ...

SHARJAH / WAM Gulftainer, the world’s largest privately owned independent port operator based in the UAE, will host a ceremony to commence the construction of the Saja’a Permanent Access Road. The company’s AED11 million investment in the road extension aligns with its objective to play a key role in driving Sharjah’s economy. The highway will extend over two kilometres to ...

DUBAI / WAM The UAE has ranked above the global average in well-being, according to a report released by Cigna Corporation. Factoring in the responses of the resident UAE population — for the second consecutive year — the findings indicate that overall well-being remains stable with residents more confident of their ability to manage current and future costs, and the ...

DUBAI / WAM The Business Protection section of the Department of Economic Development (DED) in Dubai has seen a 52 percent increase in complaints regarding commercial disputes during the first half of 2018, compared to the same period last year. The section received 790 complaints during H1 2018 as against 520 complaints during the first half of 2017 as more ...

ABU DHABI / WAM The Arab Youth Centre revealed its list of ‘Young Arab Pioneers,’ which includes youths under 35 years of age from many Arab countries, who have a record of accomplishments, positively contributed to their communities, created opportunities, and provided solutions to challenges facing the Arab world. To mark the occasion, Shamma bint Suhail Faris Al Mazrui, Minister ...

AJMAN / WAM The Business Club licensing package by Ajman Media City Free Zone gives instant access to UAE and Arab region at the lowest investment and also gives freedom to focus on core business from day one, said Sheikh Abdul Aziz bin Humaid Al Nuaimi, Chairman of Ajman Media City Free Zone. “Business Club business set up package offers ...