Local News

DUBAI / WAM Expo 2020 Dubai has become the first World Expo and the second ever ‘mega-event’ to secure a Procurement Excellence award from the highly respected Chartered Institute of Procurement and Supply (CIPS) organisation, a major vote of confidence for the next World Expo’s procurement practices. The recognition makes Expo 2020 the first major global event outside the United ...

Abu Dhabi / WAM The United Arab Emirates and Japan are bound by time – honoured, deeply-rooted relations that have been in a steady growth over the past 46 years thanks to the determination of both countries’ leadership to sustain cooperation across all domains. The visit of Japanese Prime Minister Shinzo Abe to the UAE on April 29-30 comes to ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, will honour the prominent Arab hope makers at the end of the 2nd edition of the Arab Hope Makers initiative, the largest Arab initiative dedicated to celebrating philanthropic efforts, on May 14. The initiative seeks to honour and ...

Abu Dhabi / WAM Abu Dhabi’s Smart Solutions and Services Authority (ADSSSA), announced the launch of Abu Dhabi internet domain suffixes (.abudhabi), in English and Arabic to represent the Emirate’s digital identity in the virtual world. This came during the signing of a tripartite agreement between the ADSSSA, the Telecommunications Regulatory Authority (TRA), and the Emirates Telecommunications Corporation (Etisalat), to ...

Dubai / WAM The General Assembly of the Dubai Islamic Insurance and Reinsurance Company (AMAN Insurance), held its annual general meeting (AGM), at the Dubai Chamber of Commerce and Industry. The AGM reviewed the board’s report on the company’s activities and its financial position during the past financial year, which ended on December 31, 2017. Mohammed bin Omair bin Yousef ...

Sharjah / WAM The Environment and Protected Areas Authority of Sharjah (EPAA), honoured the winners of the sixth edition of the Sharjah Sustainability Award (SSA), for Schools and Colleges. The honouring ceremony was attended by Marwan Ahmad Al Sawaleh, Under-Secretary of the Minister of Education for Academic Affairs; Hana Saif Al Suwaidi, Chairperson of EPAA; Prof. Dr. Rashad Salem, Vice ...

Dubai / WAM Economic conditions in Dubai during Q1 2018 have improved over Q1 and Q4, 2017, according to a business confidence survey conducted by the Department of Economic Development (DED), Dubai. The survey indicates that the Composite Business Confidence Index has improved by 5.5 points after registering 116.7 points in Q1 2018 as compared to 111.2 points during the ...

DUBAI / WAM National Bank of Fujairah (NBF) announced that it achieved to AED145.4 million in net profits in Q1 2018, with 15.3 percent rise compared to AED126.1 million in the corresponding period of 2017. Easa Saleh Al Gurg, NBF Deputy Chairman, said, “This reflects solid core business growth and proactive asset and liability management, the bank said in statement. ...

ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX) celebrated the joining of Shuaa Capital’s brokerage subsidiary ‘Integrated Securities’ to the list of companies providing the technical short selling (TSS) service at the exchange. This makes Integrated Securities the third company to provide such service on the ADX. The ceremony included ringing of the opening bell on the ADX trading ...

Dubai / WAM flydubai, the Dubai-based airline, on Wednesday announced that flights to Sulaimaniyah will resume from May 10. The carrier now operates to five points in Iraq including Baghdad, Basra, Erbil and Najaf. The decision to relaunch the flights was taken following Iraqi Authorities to reopen its airport last March. flydubai is the first carrier from the UAE to ...