Local News

Dubai / Emirates Business The Roads and Transport Authority (RTA), in Dubai has completed construction works on the two main bridges at the intersection of Marrakech-Airport Roads and will phase their opening in two stages. The first stage will see the existing traffic movement incoming form Sheikh Mohammed bin Zayed Road and Al Khawaneej heading to Deira permanently diverted to ...

Dubai / Emirates Business Sultan Ahmed Bin Sulayem, Group Chairman and Chief Executive Officer of DP World met senior executives from India’s Tata Group to explore opportunities for cooperation, knowledge sharing and best practice. Discussions covered logistics and supply chain operations, innovative customer care and creating high quality, sustainable services. The meeting was attended by Ahmed Al Haddad, Chief Operating ...

Abu Dhabi / WAM ADNOC Distribution has revealed the locations of its first three service stations in the Emirate of Dubai, which are due to open this year. Entering the Dubai market was a key part of the company’s strategy in the lead up to its successful Initial Public Offering (IPO), in December. Construction has started on three ADNOC Distribution ...

Dubai / Emirates Business This year’s Dubai International Boat Show ended on a high, with a rush of local, regional and international visitors attending the region’s leading marine event held at its temporary home at Dubai Canal. The 26th edition of the Dubai International Boat Show welcomed some of the industry’s biggest companies and brands. A wide range of boats, ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the 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, on Tuesday attended the announcement of a joint venture between Aldar Properties and Emaar ...

DUBAI / Reuters The United Arab Emirates is asking Washington to exempt it from new US tariffs on aluminium and steel and believes it has a strong case, a senior government official said on Tuesday. US President Donald Trump is pressing ahead with imposing import tariffs of 25 percent on steel and 10 percent on aluminium, but has already exempted ...

Abu Dhabi / WAM Saif Mohammed Al Hajeri, the Chairman of the Department of Economic Development — Abu Dhabi, and Park Kang-Ho, Ambassador of South Korea to the UAE, discussed with him ways to create more investment opportunities in a number of economic sectors related to advanced knowledge and technology. During the meeting, they hashed out the development of economic ...

ABU DHABI / WAM The financial facilities offered by national banks to the government and public and private sectors stood at AED11.8 billion in January, boosted by increasing dynamic economic performance and activities, according to figures released by Central Bank. Figures showed accumulated balance of financing by national banks reached AED1.3 trillion. A preliminary reading of the facilities flow index ...

DUBAI / WAM Mashreq Bank on Tuesday announced its partnership with Alipay, an online and mobile payment platform operated by Ant Financial Services Group. The first-of-its-kind association with Alipay, enables Chinese customers carry out payments at merchant outlets using their Alipay digital wallets. The move reaffirms Mashreq’s position as a leader in digital payments and innovation in the UAE. Alipay ...

Abu Dhabi / WAM The Department of Culture and Tourism — Abu Dhabi has announced that it will embark on a four-city roadshow to India along with partners and stakeholders to help promote the emirate and entice even more Indianvisitors to explore and discover Abu Dhabi. The delegation, which includes representatives from Rotana Hotels, Yas Experience, Royal Arabian Destination Management, ...