Local News

UAE doctors launch ‘Zayed Mobile Clinic’

Dubai / WAM The UAE doctors have launched ‘Zayed Mobile Clinic’ to provide best diagnostic, therapeutic and prevention services in different emirates to low income people from different nationalities, in accordance with the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan in marking 2018 as the ‘Year of Zayed’. The clinic operates in collaboration with the Zayed ...

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UAE ranks first globally in accredited health facilities

DUBAI / WAM The UAE, with its more than 213 health facilities, has been ranked number one in the number of internationally accredited facilities by the Joint Commission International (JCI), once again highlighting its series of achievements and indices geared towards accomplishing the aspirations of the UAE Vision 2021 in order to strengthen its position on the global competitiveness map ...

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RTA to open AED67mn cycle tracks next month

Dubai / WAM The Roads and Transport Authority (RTA), is gearing up for the opening of cycle tracks stretching 32 km in Mushrif, Mirdif and Al Khawaneej early next month. The project includes the construction of two bridges for the combined use of cyclists and pedestrians over Al Khawaneej and Academic City Streets. The project cost amounts to AED67 million. ...

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Ministry launches ‘Industrial Revolution X’ for UAE nationals

Dubai / WAM The UAE Ministry of Education revealed on Saturday its plans to launch the first-of-its-kind programme in the region titled ‘Industrial Revolution X’ (IR-X). The programme is designed to equip UAE nationals with the knowledge, skills and hands-on expertise required to keep apace with modern technologies and scientific advancements occurring globally. IR-X will kick off with a ‘Design ...

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UAE-US to launch joint military exercise today

Abu Dhabi / WAM The UAE-US joint military exercise, ‘Native Fury’ 2018 will kick off here on Sunday, with the participation of units of the UAE and US naval units. This is part of a joint exercise plan for the two countries to train in planning and carrying out joint operations. The two-week event aims to exchange expertise, enhance combat ...

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Region’s first sustainability-focused startup launched

Abu Dhabi / WAM The Catalyst, a startup ‘accelerator’ initiative between Abu Dhabi’s renewable energy company (Masdar), and the international oil and gas company (BP), was relaunched at Abu Dhabi Sustainability Week (ADSW 2018), and is now accepting applications from local and international entrepreneurs. Based at Masdar City free zone in Abu Dhabi, the Catalyst is the region’s first sustainability-focused ...

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UAE largest beneficiary of FDI in Arab region in 2016

ABU DHABI / WAM Sultan bin Saeed Al Mansouri, Minister of Economy, has announced that the average value of foreign direct investment (FDI) received by the country in 2016 reached $9 billion. The UAE’s outgoing international investments also reached $15.7 billion, making the country the largest receiver of FDIs in the Arab region and the largest Arab investor abroad, he ...

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UAQ Coop offers 2.5mn stocks for public trade

DUBAI / WAM Umm Al Qaiwain Coop has offered 2.5 million stocks for public trade, to increase investment in its retail sector. An integral part of Union Coop and the UAE’s largest consumer cooperative, Umm Al Qaiwain Coop will launch an Initial Public Offering from January 21 onwards until February 8. The public will be able to purchase these stocks ...

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DIB’s Q4 profit up 26%

Dubai / Reuters Dubai Islamic Bank (DIB), the United Arab Emirates’ largest sharia-compliant lender, posted a 26 percent increase in fourth-quarter net profit on Wednesday, in line with analysts’ forecasts, according to Reuters calculations. DIB made AED1.15 billion ($313.1 million) in the three months to December 31, Reuters calculated from annual statements in the absence of a quarterly breakdown. This ...

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Dafza digital plan approved

Dubai / WAM HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority, Chief Executive of Emirates Group and Chairman of Dubai Airport Freezone Authority (Dafza) has approved Dafza’s ‘Digital Intelligence Plan 2018-2020. The plan is developed in line with digital transformation initiatives such as the Dubai Internet of Things Strategy (IOT) and the UAE Strategy for ...

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