Local News

Sharjah Ruler signs contract to establish new botanical garden

LONDON / WAM His Highness Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, signed a contract to establish the first phase of a new botanical garden in Sharjah. The signing ceremony was held in the British capital, London, in the presence of officials. Located adjacent to Sharjah New Mosque at the Sharjah – Kalba ...

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Dewa gets accreditation for network services billing

Dubai / WAM Dubai Electricity and Water Authority (Dewa), has been accredited the ISO 14452:2012 by SGS Gulf Ltd, a leading global company in international auditing, testing, verification and accreditation. The accreditation was given to Dewa upon a comprehensive elaborate auditing for billing services and processes. The achievement supports Dewa’s leadership in adopting the highest international standards and best practices, ...

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UAE, China have a common vision on social, economic development

Abu Dhabi / WAM The UAE leadership’s vision and its constructive policy are always yielding positive and practical results that entrench the country’s prominent stature and its credible assets as an active international player focussing on future forecasting and long-term balanced planning to deliver social, economic, scientific and cultural development to ensure a safe and prosperous future for generations, stated ...

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Prosperous years ahead for UAE economy, says Dubai Chamber

Dubai / Emirates Business A new report from Dubai Chamber of Commerce and Industry (Dubai Chamber) has predicted prosperous years ahead for the UAE economy. The recently issued outlook document cites several factors to support these projections, chief among them being the emirate’s solid and diversified economy, which has softened the effects of both lower oil prices and weakened global ...

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Adnoc to train 120 students at UAE’s oil and gas facilities

Abu Dhabi / WAM The Abu Dhabi National Oil Company (Adnoc), on Saturday announced that an additional 120 students from the Adnoc Technical Academy (ATA), have started structured on-the-job training programmes at Adnoc facilities in the UAE. The students, the third group for this academic year, are among the 300 who have progressed to on-the-job training, to enhance their skills, ...

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Abu Dhabi showcases new offerings in UK roadshow

Abu Dhabi / WAM The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has concluded its annual roadshow to the UK, following successful events held at Abode Chester and The Bulgari Hotel in London. The roadshow, co-sponsored by Etihad Airways and Yas Experiences, gave 120 agents, tour operator reservation staff and product managers the opportunity to learn ...

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DP World-NIIF venture acquires 90% stake in Indian logistics firm

DUBAI / WAM Hindustan Infralog Private Limited (HIPL), a joint venture between DP World and National Investment and Infrastructure Fund (NIIF) announced that the transaction to acquire 90 percent stake in Continental Warehousing Corporation (Nhava Seva) Ltd (CWCNSL), in India has now closed. CWCNSL’s founders, the Reddy family, will retain the remaining 10 percent shareholding and will remain involved in ...

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Mashreq profit up 5.2% to AED1.2 billion in H1

DUBAI / Emirates Business Mashreq, one of the leading financial institutions in the UAE, on Wednesday reported its financial results for the first half ending on June 30. The operating income is up by 3.7% and stands at AED 3.1 billion. Net profit for the first half stood at AED1.2 billion — a 5.2% increase YoY. The impairment allowance is ...

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Dubai to get region’s largest ‘Chinatown’

DUBAI / WAM Dubai developer Emaar has announced plans to build the Middle East’s largest Chinatown within the retail district of its mega development Dubai Creek Harbour. Emaar’s announcement comes ahead of the visit of Chinese President Xi Jinping to the UAE on Thursday and will further strengthen UAE-China relations. The retail precinct will occupy a central location within the ...

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Abu Dhabi’s Injazat enters partnership with Shurooq

DUBAI / Emirates Buisness Sharjah Investment and Development Authority (Shurooq) signed an exclusive partnership agreement with Abu Dhabi’s Injazat Data Systems, the Middle East’s leading specialists in information technology and digital transformation, to introduce the latter’s services in the Emirate of Sharjah. Shurooq will promote Injazat — a wholly owned subsidiary of Mubadala, the investment arm of the Abu Dhabi ...

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