Local News

UMEX, SimTEX witness 25% growth in number of participating firms

ABU DHABI / WAM The third editions of Unmanned Systems Exhibition and Conference (UMEX), and Simulation Exhibition and Conference (SimTEX), will run from February 25-27, at the Abu Dhabi National Exhibition Centre (ADNEC), under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. Organised ...

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UAE achieves top ranking across nine global economic indices

Abu Dhabi / WAM The UAE has achieved top rankings across nine economic indices covering economic affairs in a series of recently released global competitiveness reports and indices for 2017 and 2018. The Ministry of Economy revealed that these achievements are part of its continuing efforts to achieve the set goals of the government’s ‘Number One Challenge’ project, which aims ...

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DWSC showcases its products, services at Gulfood 2018

Dubai / Emirates Business Dubai Wholesale City (DWSC), the global hub for trade and manufacturing, is showcasing its latest comprehensive products and services portfolio catered to the food industry at Gulfood 2018, the world’s largest annual food trade show. DWSC significantly expanded its offering to the food industry with the launch of Dubai Food Park (DFP) in July 2017, and ...

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DEWA strengthens relations with USGBC

DUBAI / WAM Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority, DEWA, and Mahesh Ramanujam, CEO of the US Green Building Council (USGBC), and Green Business Certification, have discussed ways to enhance cooperation in innovation, renewable energy, climate change and sustainability. Al Tayer presented DEWA’s renewable and clean energy and sustainability projects that are aligned ...

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Al-Ittihad, WSJ forge commercial ties

Abu Dhabi / WAM Abu Dhabi Media’s ‘Al-Ittihad’ newspaper has entered into a commercial partnership with The Wall Street Journal, (WSJ), to leverage its unparalleled reporting and analysis to expand its readership and strengthen its digital news offering. The agreement signing took place on Monday and was attended by Dr. Ali bin Tamim, Director-General of Abu Dhabi Media; Dr. Obaid ...

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MEVP Capital gets DFSA’s asset management licence

Dubai / Emirates Business MEVP Capital, a member of the Middle East Venture Partners (MEVP) Group, announced that it has received its Category 3C license from the Dubai Financial Services Authority (DFSA) to operate as a DFSA Authorized Firm. MEVP Capital is one of the first DFSA-licensed Venture Capital (VC) Asset Managers in the UAE. This significant step confirms that ...

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Emirates plans to launch new service to Auckland via Bali

DUBAI / Emirates Business Emirates on Monday announced its plan to launch a new daily service from Dubai to Auckland via the island of Bali, Indonesia, starting from June 14. The new service will offer global travellers a total of three daily services to New Zealand, complementing Emirates’ existing non-stop daily service between Dubai and Auckland and its current daily ...

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MoE, Swiss Science Center to launch sci-hub in UAE

DUBAI / WAM Marwan Al Sawaleh, Under- secretary for Academic Affairs at the Ministry of Education, signed on Monday a Memorandum of Understanding (MoU), with Thorsten Kunnemann, Director of the Swiss Science Center, Technorama, to establish a centre for science in the UAE. Signed on the 4th day of the National Science, Technology and Innovation (NSTI) Festival, the MoU comes ...

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Adnoc awards $1.5bn concession to Cepsa

Abu Dhabi / WAM On behalf of the Abu Dhabi Government, the Abu Dhabi National Oil Company (Adnoc) on Sunday signed an agreement with Cepsa, a Spanish integrated oil and gas company, awarding it a 20 percent stake in Abu Dhabi’s offshore SARB and Umm Lulu concession. The choice of Cepsa, which is wholly-owned by Abu Dhabi’s Mubadala Investment Company ...

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Careem plans foray into food delivery

DUBAI / Reuters Careem said on Sunday it had acquired RoundMenu and would start trialing food delivery services through the restaurant listing and reservation online platform this month. The Dubai-based ride hailing firm acquired the website and app for an undisclosed sum. “Careem will begin testing a delivery capability for RoundMenu customers on a small scale later this month,” it ...

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