Local News

Abu Dhabi / WAM South Korea’s President Moon Jae-in on Saturday expressed the hope for further development of links between his country and the UAE, saying that he was committed “to deepening and strengthening bilateral relations, based on mutual trust.” President Moon, who arrived in the UAE capital of Abu Dhabi earlier on Saturday, on his first visit to the ...

DUBAI / Emirates Business Abu Dhabi Ports inked a new agreement with the China Council for the Promotion of International Trade to explore new commercial opportunities between Chinese companies interested in investing in Khalifa Industrial Zone Abu Dhabi (KIZAD) and Khalifa Port Free Trade Zone (KPFTZ), which is considered the largest free trade zone in the region. The Memorandum of ...

Abu Dhabi / WAM The Emirates Red Crescent (ERC), has commenced the construction of the Sheikha Fatima Maternity and Childhood Hospital in Mauritanian capital, Nouakchott, at a total cost of AED 2 million provided by the Fund for Refugee Women. The Fund – launched by HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union (GWU), President of the ...

Dubai / Emirates Business Following the success of ‘Day without Service Centers’ initiated by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and launched by the Department of Finance in October 2017, Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), has rolled out ...

DUBAI / Emirates Business During the Global Alliance for Building and Construction (GABC) Assembly, Dubai Land Department (DLD) was awarded membership to assembly’s executive committee along with prestigious international organisations from five other countries. The GABC Assembly was hosted by DLD and inaugurated by  Dr Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, in presence of Sultan ...

DUBAI / Emirates Business Gulf Craft, in conjunction with its exclusive Australian Dealer, Australian superyachts, is pleased to announce the delivery of the Majesty 100 M/Y ONEWORLD to an experienced Australian yacht owner. ‘Oneworld’ is fully customized for commercial charters in Australia and will soon commence operations on the East Coast of Australia with Oneworld Charters. Notis Menelaou, VP of ...

Abu Dhabi / WAM The China National Petroleum Corporation (CNPC), the world’s third largest oil company, has been awarded stakes in two of Abu Dhabi’s offshore concession areas following the signing of agreements with the Abu Dhabi National Oil Company (ADNOC) on Wednesday. Under the terms of the agreements, CNPC, through its majority-owned listed subsidiary PetroChina, has been granted a ...

ABU DHABI / AGENCIES President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued, in his capacity as the Ruler of Abu Dhabi, a law restructuring Abu Dhabi Investment Council (ADIC) whereby it will become part of the Mubadala Investment Company group. Abu Dhabi is combining two of its investment firms to create a wealth fund with assets of ...

Abu Dhabi / WAM Driven by the strategic partnership between Aldar and Emaar, the largest property companies on the local market, the UAE stocks posted AED5 billion gains. The DFM General Index closed on a high note of 3206 points, 00.75% up from the last traded session, with ADX General Index following suit at 4566 points, 0.91% higher than Tuesday. ...

DUBAI / WAM Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, met senior executives from India’s Tata Group to explore opportunities for cooperation, knowledge sharing, and best practice. Discussions covered logistics and supply chain operations, innovative customer care and creating high quality, sustainable services. Bin Sulayem outlined DP World’s operations across 40 countries, and its role in ...