Local News

Ajman / WAM Abdulrahman Mohamed Abdullah Al Nuaimi, Director-General of the Municipality and Planning Department, has launched the strategic project ‘Sanad’ in cooperation with Huawei, the giant telecommunications and information technology corporation. The project aims to build and update technical infrastructure services by applying the latest and advanced technology that ensures information and networks security, agility, and easily converting to ...

Sharjah / WAM The Sharjah Economic Development Department (SEDD), has launched the “Consumer Empowerment Index” to measure consumers’ knowledge about a number of policies, initiatives and standards of the product and the market. The Index has been released to reveal wrong practices committed by consumers when purchasing, as well as to facilitate the procedure of claiming consumers’ rights. The Department ...

DUBAI / WAM Dubai Financial Market (DFM) for the fifth consecutive year and as part of its leading investor and issuer services, has successfully accomplished its cash dividend distribution for the financial year 2016, with as much as AED12.6 billion been disseminated to 331,000 investors. The number of listed companies that have outsourc- ed the dividend distribution process to DFM ...

Dubai / WAM Dubai Electricity and Water Authority (DEWA) signed a strategic partnership agreement with the Dubai Post digital platform. Dubai Post will set up and implement special visual content that reflects DEWA’s efforts in supporting its employees and helping them advance in various jobs, providing them with the appropriate environment to achieve the future objectives of DEWA and its ...

DUBAI / Reuters The government of Dubai is expected to raise the money needed to extend the city’s metro with an initial loan of roughly $500 million that will later be followed by loans guaranteed by export credit agencies (ECAs), banking sources familiar with the matter said on Monday. The department of finance will approach banks over the next couple ...

Dubai / WAM The 5th Nad Al Sheba Sports Tournament was launched by HH Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Chairman of Mohammed bin Rashid Al Maktoum Knowledge Foundation, at the NAS Sports Complex, with the first two preliminary round matches of the volleyball competition held late in the day. “Unlimited Capabilities” is the theme of the 2017 ...

Abu Dhabi / Emirates Business The Department of Finance – Abu Dhabi (DoF) has announced that the ‘Al Maqta’a bidding hall’ processed 26 tenders for seven government entities in Abu Dhabi during the first quarter of 2017, worth over AED 5 billion. The capital and operational project tenders managed by Al Maqta’a during the first quarter of 2017, included service, ...

Sharjah / Emirates Business Adding to its portfolio of new businesses successfully making their way into the industry, Sheraa has facilitated the launch of ‘Tawseel’ (‘delivery’ in Arabic) – a food delivery service helping restaurants keep up with delivery requests without disruption in service. The startup operates with a fleet of eleven delivery bikes, including a Honda CBR 600 bike ...

Dubai / Emirates Business The Dubai Chamber of Commerce and Industry hosted on Sunday a special ceremony at its head office to recognise member companies that have demonstrated outstanding export performance during the first four months of 2017. The exclusive SME Exporter of the Month gathering honoured four companies that operate in the trade sector. Al Bahrain Jewellers LLC was ...

Dubai / Emirates Business wasl properties – Dubai’s leading property management and development company – is celebrating creativity of the holy month, with special Ramadan Art competitions that reward artistic flair with exceptional prizes. The annual competitions welcome participation from all ages, with a painting challenge for children and a photography contest for adults. The entries will be displayed online ...