Local News

Dubai / WAM Majid Al Futtaim-the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia on Tuesday opened My City Centre Al Dhait to meet the everyday dining, lifestyle and retail needs of Ras Al Khaimah’s fastest-growing communities. Today’s inauguration marks Majid Al Futtaim’s first investment in a community and convenience focused retail and ...

Abu Dhabi / WAM Abu Dhabi is set to host the Global Forum for Innovation in Agriculture (GFIA Abu Dhabi 2018), which will run from February, 5-6 at Abu Dhabi National Exhibition Centre (ADNEC). The event will coincide with the UAE Innovation Month, Held under the patronage of HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of ...

DUBAI / Emirates Business The Dubai Land Department (DLD) revealed the annual results of the Dubai real estate market for 2017, with the total real estate transactions exceeding AED285 billion through 69,000 real estate transactions. Commenting on DLD’s Annual Transactions Report, which summarizes the market activity over the past year, Sultan Butti bin Mejren, Director General of DLD, said: “The ...

DUBAI / Emirates Business Emirates and flydubai will offer travellers even more connectivity and flight options in 2018, with new codeshare flights planned to Krakow in Poland from April 8, and Catania in Italy from June 13. Both Dubai-based airlines currently offer customers a breadth of travel options across their complementary networks, with codeshares to 81 destinations and more to ...

ABU DHABI / WAM Abu Dhabi Global Market (ADGM) and the Bahrain Economic Development Board (EDB) signed a fintech cooperation agreement, marking a significant first in the MENA region. With the new partnership, Bahrain EDB and ADGM will explore initiatives to promote economic growth in financial services through the adoption of new technology, and highlight MENA’s strengths in the fintech ...

DUBAI / WAM The Ministry of Finance stated that adopting value-added tax (VAT) in the UAE will have a positive effect on its development and competitiveness, and will contribute to building a sustainable knowledge-based economy for future generations, as the tax will provide additional financial resources and enable the UAE government to realise its strategy and guarantee a prosperous future. ...

DUBAI / WAM Dubai Investments Park (DIP), a wholly-owned subsidiary of Dubai Investments, has signed a three-year cleaning contract worth AED6.8 million with Imdaad. With effect from February 2018, Imdaad will be responsible for the external cleaning of the 2,300-hectare DIP. The agreement was signed recently by Omar Al Mesmar, General Manager of DIP, and Jamal Abdullah Lootah, Group CEO ...

DUBAI / WAM Saeed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority (DEWA) received a high-level delegation from the French company Suez. The visit supports DEWA’s collaboration with international organisations to share best practices and knowledge in the energy and water field. The delegation included Pierre Pauliac, Chief Executive Officer Middle East, and Jean-Marc Farrugia, Municipal ...

Al Ain / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received a delegation from Strata Manufacturing at Qasr Al Maqam in Al Ain on Monday. ...

Dubai / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council Dubai, on Monday honoured the winners of the 10th cycle of the Mohammed bin Rashid Award for Young Business Leaders (YBL), instituted by Dubai SME, the agency of Dubai Economy mandated to develop the SME sector. Sheikha ...