Local News

Sharjah / WAM The Ramadan Night’s Exhibition concluded with 78% year-on-year growth rate as it attracted 108,569 visitors compared to 60,915 visitors in 2016. The event was organised by Expo Centre Sharjah in observance of Ramadan and Eid Al Fitr. The 16-day exhibition was held as part of the 28th Sharjah Ramadan Festival, under the support of the Sharjah Chamber ...

Dubai / WAM More than 1,000 researchers, business leaders and public sector officials from 76 countries are attending the “Academy of International Business” Conference commenced on Sunday in Dubai. Themed “The contribution of MNEs to building sustainable societies”, the conference is being held under the patronage of The Mohammed bin Rashid School of Government (MBRSG), a research and teaching institution ...

DUBAI / WAM Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA), has announced that construction works have reached 50% on the First Contract of Improvement of Airport Street Project covering Rashidiya & Casablanca Intersections. He also added that completion rate had reached 40% for the Second Contract covering Nad Al ...

DUBAi / WAM Dubai Electricity and Water Authority (DEWA) has awarded a contract worth AED226.5 million for the construction work for a complex for its Distribution Power division at Al Ruwaiyah, Dubai. The contract includes the construction of a five-floor office building with basement and a multi-story car park, mosque, accommodation for the Imam, stores, field offices, staff accommodation, and ...

ABU DHABI / WAM Abu Dhabi General Services Company, Musanada, has announced that work is progressing in seven infrastructure projects at the area of Abu Dhabi east, as part of Musanada’s efforts to achieve the objectives of Abu Dhabi Plan, delivering sustainable infrastructure that will serve Emirate’s community and economy in line with best international standards and reinforce Abu Dhabi’s ...

DUBAI / AGENCIES The UAE’s AED522 billion Islamic banking assets will help fuel the growth of the country’s Halal sector, according to a research conducted by Orange Fairs and Events, organisers of the Halal Expo – Dubai, 2017. Seven Islamic banks out of the 23 registered commercial banks in the UAE represent nearly a fifth of the country’s banking assets. ...

DUBAI / WAM The Executive Team of the Global Innovation Index held its 4th meeting of the current year at the headquarters of the Ministry of Economy in Dubai, to examine the results of yearly report for 2017, where the UAE has achieved an important leap in its general ranking on the Index by six places compared to last year’s ...

DUBAI / WAM Imdaad, a Dubai-based facilities management (FM) firm, signed a three-year renewable agreement to provide FM services across over 500 mosques managed by the Department of Islamic Affairs and Charitable Activities (IACAD). The integrated FM contract, worth AED30 million (US$8.2 million) per annum, also includes over 1,200 homes associated with mosques. Imdaad will provide a comprehensive range of ...

DUBAI / WAM The Commercial Compliance and Consumer Protection (CCCP) sector at Dubai Economy and Souq.com, the Middle East’s largest online retail and marketplace website, have announced co-operation on the ‘Digital Protection’ initiative for consumer rights protection. The Memorandum of Understanding (MoU) signed by the CCCP and Souq.com aims at promoting consumer confidence in the region’s growing e-commerce industry and ...

ABU DHABI / WAM First Abu Dhabi Bank (FAB) has been recognised as the ‘Best Trade Finance Bank in MENA’ at the GTR Leaders in Trade 2016 Awards in recognition of its excellence in the trade, commodity, supply chain and export finance markets. FAB received the award at a ceremony organised by Global Trade Review, GTR, magazine, in London recently. ...