Local News

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, on Monday visited the Operations Control Room of the World Government Summit (WGS 2018), in Dubai. His Highness listened to a brief presentation by Major General Abdullah Khalifa Al Marri, Commander-in-Chief of Dubai Police, and Major General Talal ...

DUBAI / WAM DMCC has signed a strategic partnership with CropData Technology to develop a digital pan-India agricultural trading marketplace, during the Indian Prime Minister, Narendra Modi’s, visit to intensify economic corporation and enhance bilateral trade between the two countries. Under the agreement, DMCC will develop a digital platform, which will eventually connect up to 500 logistic hubs throughout India, ...

ABU DHABI / WAM Abu Dhabi Ports’ IBTIKAR programme, Arabic for ‘innovation’, has been awarded the Platinum level accreditation by ideasUK, one of the most prominent associations for the promotion of employee involvement programmes in the UK and beyond. The announcement took place at ideasUK’s annual conference which was held in London. Since inception in December 2013, the IBTIKAR scheme ...

Dubai / Emirates Business Dubai Trade, the technology-driven trade solution for global trade enabler DP World, has shortlisted nominees for its 10th E-Services Excellence Award (ESEA). In its 10th year, the Award is the first of its kind in the region to recognise organisations for adopting smart services in trade, shipping and logistics. Sultan Ahmed bin Sulayem, DP World Group ...

Dubai / Emirates Business The all-new 2018 Eclipse Cross is a fusion of sharp coupe looks and dynamic SUV mobility with signature Mitsubishi styling, technology and driving confidence. It joins the formidable line-up of the other popular Mitsubishi SUVs like the legendary Pajero, Montero Sport, Outlander and the ASX. The Eclipse Cross contains many all-new features including a 1.5-liter direct-injection ...

Dubai / Emirates Business Arjaan by Rotana, Dubai’s finest hotel apartments located in Media City, announced the conclusion of its annual GCC roadshow across key markets in the region. Members of the top travel trade, full delegation of Arjaan by Rotana, top government and corporate companies present at the roadshow were informed on the most recent developments at the hotel. ...

Abu Dhabi / WAM Thirty seven projects covered by industrial licences entered into production in the Emirate of Abu Dhabi last year, 85 percent higher than in the previous year, it has been announced. The total investment value of the new licences was estimated at AED6.4 billion distributed among 29 factories in Abu Dhabi, six in Al Ain and two ...

Dubai / Reuters Emirates signed a contract on Sunday to buy as many as 36 Airbus A380 aircraft worth as much as $16 billion at list prices, firming up an order that is crucial to the future of the world’s biggest passenger jet. The order, for 20 of the double-decker planes with an option for 16 more, was originally announced ...

Sharjah / Emirates Business Air Arabia (PJSC) on Sunday announced full-year financial results for 2017 as the Middle East and North Africa’s first and largest low-cost carrier once again delivered high levels of profitability and growth across the breadth of its operations. Air Arabia’s net profit for the full year ended on December 31, 2017 was AED662 million, a 30 ...

DUBAI / WAM Artificial intelligence (AI) will contribute $320 billion to the Middle East economy by 2030 — the equivalent to 11 percent of GDP, the PwC Middle East has revealed in a latest study. Drawing on PwC research to illustrate the scale of economic impacts associated with AI, the report outlines that there are greater, untapped opportunities that could ...