Local News

ACC wins international safety awards for four sites in UAE

Abu Dhabi / Emirates Business ACC won four highly regarded International Safety Awards for its work at Meena Tower and the ACC Plant Department in Abu Dhabi, and Fountain Views and Sky View in Dubai. The Merit Awards were presented by the British Safety Council in recognition of the company’s success in establishing a strong health and safety culture across ...

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MoE raises awareness of private sector on EU’s GDPR

Abu Dhabi / Emirates Business The Ministry of Economy (MoE) emphasized its commitment towards raising the awareness of the UAE’s private sector regarding the latest policies, legislations and administrative procedures adopted by the international community and trading partners. Through this, the Ministry aims to develop a new and integrated outlook on international markets inclusive of their current challenges and opportunities. This ...

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SCA, ADX seminar highlights regulations on short-selling

Abu Dhabi / WAM A seminar on disseminating awareness about short selling regulations has been organised recently by the Securities and Commodities Authority (SCA), in collaboration with the Abu Dhabi Securities Exchange (ADX). The seminar is part of SCA’s efforts to enhance investors’ knowledge of financial mechanics and systems that are conducive to optimising trading performance and enlarge and upgrade ...

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Emirates makes key management changes across Middle East

Dubai / WAM Emirates announced that it has made three key management movements within its commercial and cargo operations team in the Middle East. The changes place UAE National talent in key positions that will enhance the airline’s commercial and cargo presence in the region. All of the appointments will be effective from June 1. Commenting on the announcement, Thierry ...

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DXB registers 9.2% passenger growth

Dubai / WAM Dubai International Airport (DXB), welcomed more than 7.6 million passengers in April, according to the monthly traffic report issued by operator Dubai Airports on Monday. Passenger numbers reached 7,622,946 in April, up 9.2 per cent compared to 6,979,063 recorded during the same month in 2016. Following four months of robust growth, the year to date traffic reached ...

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Bee’ah launches new technology firm EvoTeq

Sharjah / WAM Bee’ah, Sharjah’s pioneering environmental management company, has announced the launch of a new company, EvoTeq, and signed two new business agreements in its quest to deliver innovative tech-based solutions to combat pressing issues faced by the region. The signing ceremonies and announcements took place during Bee’ah’s participation in the SAP Innovation Day at the Al Jawaher Reception ...

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MENA e-commerce market to hit $6.7bn

Abu Dhabi / Emirates Business The number of online shoppers in the Middle East and North Africa (MENA) region is growing exponentially, bringing the regional e-commerce market to unprecedented expansion. The Middle East’s e-commerce sector, in particular, has skyrocketed by 1,500 per cent over the last 10 years due mainly to its young demographics with high disposable income and high ...

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Abu Dhabi Executive Council okays AED74.2mn infrastructure projects

DUBAI / WAM Abu Dhabi Executive Council has approved two infras- tructure development projects in Abu Dhabi worth AED74.2 million. The projects announced by the executive committee are part of Abu Dhabi Plan to ensure water and energy sustainability. The committee, which met under the chairmanship of Jassem Bu Ataba Al Zaabi, agreed to award a AED49.2 million contract for ...

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Emirates Transport signs AED307mn contracts in Q1

DUBAI / WAM Emirates Transport has announced record growth in contract value during the first quarter of 2017, as 40 new and renewed contracts were signed with government and private sector entities. Commenting on the announcement, Mohammed Abdullah Al Jarman, General Manager of Emirates Transport, said, “The corporation achieved remarkable results in the first quarter of this year through the ...

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Workshops on Federal Decree concerning bankruptcy held

DUBAI / WAM The Ministry of Finance (MoF) in collaboration with Dubai Courts, organised a workshop on the practical applications of Federal Decree No.09 of 2016 concerning bankruptcy. The workshop came as part of a series organised by the ministry to follow-up on the post-issuance phase of Federal Law. The MoF also organised a similar workshop in Abu Dhabi, in ...

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