Local News

Anantara Hotels, Resorts & Spas to welcome Ramadan with new offers

Abu Dhabi / Emirates Business Ramadan at Anantara Hotels, Resorts & Spas Abu Dhabi captures the true essence of Arabian tradition with a warm ambiance offering the ultimate destination for an unforgettable Ramadan experience. From lavish iftars to mouthwatering suhours and traditional Oud music, fully embrace Ramadan traditions this season by sharing unique experiences with family and friends at Anantara ...

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UAE-Serbia to boost economy, development and trade relations

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, held talks with visiting President of Serbia, Tomislav Nikolic, on a range of regional and global issues of mutual interest. His Highness Sheikh Mohamed bin Zayed met Nikolic at Al Shati Palace to discuss ...

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Invest in Sharjah opens new doors to Far East economies

Abu Dhabi / WAM As part of its ever-increasing drive to attract more foreign business into the UAE, the Sharjah FDI Office, Invest in Sharjah, the promotional arm of the Sharjah Investment and Development Authority, Shurooq, has reinforced the emirate’s investment advantages at major global events in China. Participating at the 2017 World Forum for Foreign Direct Investment from May ...

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Mohamed restructures Abu Dhabi Sports Council board

Dubai / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the UAE Armed Forces, and Chairman of the Abu Dhabi Executive Council, issued a resolution detailing the reshuffling of the Abu Dhabi Sports Council Board of Directors, under the chairmanship of HH Sheikh Nahyan bin Zayed Al Nahyan, Chairman of ...

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RAK unveils new Int’l Corporate Centre

Ras Al Khaimah / WAM The Government of Ras Al Khaimah (RAK) unveiled the RAK International Corporate Centre (RAKICC), as its premium corporate registry jurisdiction for International Business Company (IBC), incorporation. The centre was formed following the merger of RAK International Companies and RAK Offshore, said a statement, which also detailed the appointment of Sheikh Ahmed bin Saqr Al Qasimi ...

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ADX recognises its innovative employees

Abu Dhabi / WAM As part of its policy recognizing research and innovation excellence, the Abu Dhabi Securities Exchange (ADX), honoured its distinguished employees for the year 2016 as part of the Annual Teslam Excellence Awards. “Honoring distinguished employees is part of a comprehensive system of achievement and innovation adopted by ADX to enhance productivity in a sustainable environment”, Rashed ...

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ADFD finances AED5.6bn projects in 2016

Abu Dhabi / Emirates Business Abu Dhabi Fund for Development (ADFD) continued to deliver an outstanding performance in 2016. Furthermore, the Fund managed 17 development projects valued at AED5.6 billion across seven beneficiary countries, dispensed AED3.9 billion in concessionary loans to support four projects and AED1.7 billion in government grants to finance 13 projects. Headlining a press conference at the ...

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UPC to bring all its services online with new website

ABU DHABI / Emirates Business The Urban Planning Council (UPC) launched six major e-Services, as part of its e-Services Transformation Project, with a fresh new website. In accordance with the Abu Dhabi Plan, the UPC has enhanced Government processes and customer user-experience at the click of a button, which is aligned with the Digital Transformation Agenda in Abu Dhabi. The ...

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TDIC unveils new Lagoons Sales Center

Abu Dhabi / Emirates Business The Tourism Development & Investment Company (TDIC), master developer of major tourism, cultural and residential destinations in Abu Dhabi, announced on Wednesday the opening of a new sales center at Saadiyat Lagoons district, located at the site of the budding community. The sales center’s convenient location next to New York University Abu Dhabi offers visitors ...

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Insurance firms post AED445mn profit

ABU DHABI / WAM Insurance companies listed on ADX and DFM held decent profits of AED445 million for the Q1 2017, an increase of 44.5 percent over the same period last year. The profits are an all-time-high for several years, reflecting the considerable growth recorded since the beginning of the year, according to a survey conducted by Emirates News Agency ...

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