Local News

DREI to launch specialised realty training programmes in Jordan

Dubai / Emirates Business Dubai Real Estate Institute (DREI), the educational arm of Dubai Land Department (DLD), concluded its successful business trip to Jordan. During the visit, which was led by CEO of DREI Mahmoud El Burai, the delegation met senior officials from a number of government and private institutions concerning the real estate sector. The trip resulted in the ...

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Adnoc adds Géant store to its portfolio

Abu Dhabi / Emirates Business Adnoc Distribution, the UAE’s largest fuel and convenience retailer, announced the opening of the first of ten Géant Express branded stores at service stations in the UAE. The other nine stores will open at existing ADNOC Distribution sites during the second and third quarters of this year. From this week, customers at the Al Mushrif ...

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Zainab Mohammed receives ‘Emirates Women Award’

DUBAI / Emirates Business Zainab Mohammed, Chief Property Management and Marketing Officer at wasl properties, has won the ‘Emirates Women Award’ for the second time during the 15th edition of the programme under the slogan ‘Wisdom, Goodness and Tenderness’. Zainab was awarded in the ‘Leadership’ category for her outstanding contributions to the development of Dubai’s real estate sector, as well ...

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Abu Dhabi Ports rolls out heat awareness drive

Abu Dhabi / WAM Abu Dhabi Ports unveiled its sixth heat stress campaign titled ‘Safety in Heat’, offering an open platform to educate employees, port users and the public on the effects of heat-related illnesses, and preventative measures from May 15 to September 16. A few easy steps have been taken by the authorities to ensure the safety of workers, ...

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RTA to get 143 Volvo buses from Famco

Dubai / Emirates Business Volvo Buses and FAMCO have received an order from the Dubai Roads and Transport Authority (RTA) to supply 143 Volvo luxury intercity coaches over the next two years, in what is FAMCO’s largest deal with the RTA to date. Volvo’s B11R is the first bus in the Middle East to meet the strict Euro 6 standards ...

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Emirates Group profit rises 67%

DUBAI / WAM The Emirates Group on Wednesday announced its 30th consecutive year of profit and steady business expansion. Released in its 2017-18 annual report, the Emirates Group posted a profit of AED4.1 billion ($1.1 billion) for the financial year ended on March 31, 2018, up 67% from last year. The group’s revenue reached AED102.4 billion, an increase of 8% ...

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Dubai Chamber hosts UAE-Moldova business forum

DUBAI / WAM The Dubai Chamber of Commerce and Industry on Wednesday hosted the UAE-Moldova Business Forum on its premises, which was attended by a high-level Moldovan delegation led by Chiril Gaburici, the country’s Minister of Economy and Infrastructure. The forum, organised in cooperation with Moldova Investment and Export Promotion Organisation (MIEPO) highlighted attractive trade and investment opportunities in Moldova, ...

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Abu Dhabi holds ‘Zayed Energy Retreat’

ABU DHABI / WAM The Department of Energy— Abu Dhabi, held Zayed Energy Retreat titled “A New Energy Era” during the retreat held by the Department for its affiliate entities working in the sector. During a two-day event, the department discussed its latest developments and plans as well as the details of its orientation towards achieving the vision of the ...

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DLD takes initiative to woo Egyptian investors

DUBAI / WAM Dubai Land Department (DLD) through its investment arm the Real Estate Investment Management and Promotion Centre, has hosted several meetings with government officials and Egyptian investors as part of the centre’s visit to Egypt. The visit was part of DLD’s efforts to discuss possible cooperation opportunities between the two countries in the field of investment through the ...

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Dubai’s foreign trade in perfumes, beauty products hits AED20bn in ’17

DUBAI / Emirates Business Dubai’s foreign trade in perfumes and beauty products in 2017 was worth AED20 billion, with imports accounting for AED11.5 billion, and exports and re-exports for AED 8.34 billion. The total volume of perfumes and beauty products traded reached 733,000 tonnes. This was according to statistics released by Dubai Customs at Beautyworld Middle East 2018, which is ...

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