Local News

Abu Dhabi / WAM Abu Dhabi National Exhibitions Company (Adnec) on Wednesday announced that the value of its direct and indirect contribution to Abu Dhabi’s economy has increased by 26.66 percent in 2017 to reach AED3.89 billion, compared to AED3 billion in 2016. The company shared its 2017 results at a press conference at the Abu Dhabi National Exhibition Centre, ...

DUBAI / WAM Construction is underway on The St. Regis Beach Club on Dubai’s Palm Jumeirah, confirming yet another top-flight dining and leisure destination for the world-famous island, master developer Nakheel announced. The company has awarded a contract worth AED79.7 million to Ghantoot Gulf Contracting to build the exclusive beachfront facility, which will offer unrivalled restaurants, lifestyle and fitness venues ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, has issued instructions that the seventh session of the World Government Summit is to run from February 17-19, 2019. This was announced by Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs and The Future and Chairman of ...

DUBAI / WAM The Smart Dubai Office (SDO), is once again partnering with global innovation network Union to organise the second round of the Global Blockchain Challenge. The competition seeks to source strong and innovative Blockchain start-ups from around the world to contribute to the implementation of the Dubai Blockchain Strategy 2020 which was announced in October 2016 by the ...

DUBAI / WAM Union Coop was awarded the ISO/IEC 27001:2013, Information Security Management System Certificate for its IT Department. The certificate was awarded by Bureau Veritas, a leading Certification Body. Marwan Aridi, Certification Manager at Bureau Veritas, presented the certificate to Aiman Othman, Director of Information Technology Department. “Gaining this certificate proves the efficiency of our information security systems,” Othman ...

Dubai / Emirates Business Gulf Navigation Holding PJSC announced its financial results for 2017 achieving 7 percent increase compared to 2016 with a gross profit of AED 49 million. This achievement comes as a result of the company’s vision and efficient strategic plans set to position Gulf Navigation as one of the largest integrated marine services provider in the region. ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Wednesday visited the Abu Dhabi Unified Government Services System, Tam, platform at Yas Mall. During his visit, he was briefed about the mechanism of the system, which provides government services to customers in Abu ...

ABU DHABI / Emirates Business Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, announced on Wednesday its financial results for the year 2017. The company reported strong results with its net profit of AED227.3 million for 2017, representing an increase of 11 percent over the same period last year. Commenting ...

Dubai / WAM Dubai-based flydubai has announced the start of flights to Kinshasa, the capital of Congo from April 15. The daily flights will operate with an en route stop in nearby Entebbe and will also be available for booking through the Emirates codeshare agreement. flydubai becomes the first UAE carrier to operate flights to N’djili Airport (also known as ...

Abu Dhabi / WAM The Abu Dhabi National Oil Company (ADNOC), announced on Wednesday, that it has launched the implementation phase of its new In-Country Value (ICV), strategy, aimed at increasing the company’s ICV contribution and strengthening its relationship with the UAE’s private sector. All business partnerships with ADNOC now include an ICV assessment as part of the tender evaluation ...