Local News

Sheikh Zayed Book Award approves short-list nominees

ABU DHABI / WAM The Scientific Committee of the Sheikh Zayed Book Award has approved award nominees short-listed for its twelfth edition, following a series of meetings held in February. The meetings were headed by Dr Ali bin Tamim, Secretary-General of the Award, joined by Committee members Dr Khalil Al Shaikh from Jordan, Dr Mohammed Bennis from Morocco, Dr Kadhim ...

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Sharjah to host ‘Horouf Reggio Conference’

Sharjah / Emirates Business For the first time in the UAE, Horouf, a subsidiary of Kalimat Group, is organising ‘Horouf Reggio Conference’, a conference on the ‘Reggio Emilia Approach’ to education, which focuses on children’s mental development through language and the way they express themselves, as well as providing them with more control over the direction of their own learning. ...

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RTA’s ‘innovation lab’ to fund mobility projects in Dubai

DUBAI / WAM Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA), stressed the importance of adopting innovative solutions for financing RTA’s future projects, establishing creative models for funding mobility projects, and boosting the public-private partnership (PPP). Al Tayer made these remarks during the opening of the Innovation Lab about the ...

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VP: No increase in UAE federal fees for 3 years

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said that the UAE under the leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, prioritises the socio-economic stability of citizens and residents. His Highness’ comments came as he chaired the UAE Cabinet meeting in ...

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Dubai, Bogota chambers keen to boost ties

DUBAI / WAM The Dubai Chamber of Commerce and Industry on Wednesday signed a memorandum of understanding (MoU) with the Bogota Chamber of Commerce on the sidelines of the Global Business Forum on Latin America 2018, which will pave the way for stronger investment and trade ties between Dubai and the city-region of Bogota, Colombia. The MoU was signed by ...

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Abraaj defers fundraising for $6 billion new fund

DUBAI / Reuters Dubai-based private equity firm Abraaj has suspended fundraising for a new $6 billion fund, sources familiar with the matter said, as the firm began a review of its business following a dispute with some of its investors in a healthcare fund. The fund had its first close of about $3 billion last year, but has paused fresh ...

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ENEC says first nuclear reactor closer to start up

ABU DHABI / AGENCIES Emirates Nuclear Energy Corp (ENEC), building the world’s largest single nuclear project, is testing operations of what could be the first reactor in the United Arab Emirates. The Barakah project of four plants in Abu Dhabi is more than 87 percent finished, with unit 1 being prepared and tested, ENEC said on Wednesday in an emailed ...

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Strata-ULC deal to nurture future aerospace talent

ABU DHABI / WAM Strata Manufacturing, the advanced composite aero-structures manufacturing facility wholly owned by Mubadala Investment Company, signed a mutual collaboration agreement with the University Leadership Council (ULC), the leading non-profit organisa-tion engaged in human capital enhancement in the UAE. The agreement creates an opportunity to foster joint educational and capacity building initiatives, bringing together the country’s top universities ...

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World’s first robot engineer operating on AI launched

DUBAI / WAM Dr Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development, has laun- ched the first robot engineer in the world that operates on artificial intelligence (AI), while noting that the ministry will acquire an international patent, to benefit from the robot and support its organisational work. He stated that the robot engineer specialises in supporting the ...

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UAE retail sector to hit $71bn by 2021

Dubai / Emirates Business Smart Stores Expo, a trade show devoted to showcasing the latest trends and technologies shaping the future of retail, is back with its second staging slated September 4 – 6 at the Dubai International Exhibition and Convention Centre. Building upon the success of its launch in Abu Dhabi, the event comes at an opportune time given ...

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