Local News

ADSW to focus on ‘driving global energy transformation’

Abu Dhabi / WAM Under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the next edition of the Abu Dhabi Sustainability Week (ADSW), will focus on ‘Driving the Global Energy Transformation’. ADSW will take place from January 13-20 at the Abu Dhabi National ...

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Hamdan OKs ‘Dubai economic report’

Dubai / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, on Wednesday approved the Dubai Economic Report 2017, as part of implementing the directives of the Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum. The report, issued by the ...

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UBF discusses priorities, action plan for 2018

Dubai / WAM The UAE Banks Federation (UBF), a professional representative body comprising 48 member banks operating in the UAE, held its annual meeting for the 19 committees Chairpersons to review key initiatives of 2017 as well as priorities and action plan for 2018. The meeting commended the initiatives launched by the committees during 2017, among which are; the Middle ...

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ADGM sets up office to strengthen data protection oversight, support

Abu Dhabi / WAM Abu Dhabi Global Market (ADGM), Registration Authority has established an Office of Data Protection to carry out the administration of ADGM’s data protection regime. The Office of Data Protection aims to foster a secure and trusted environment for both companies and individuals, in line with ADGM’s strategy to be a leading international financial centre that provides ...

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Drydocks World signs deal with SBM Offshore

Dubai / WAM Drydocks World, the leading marine, onshore and offshore service provider to the oil, gas and renewable energy sectors, signed a contract agreement with SBM Offshore to carry out the construction of the Turret Mooring System (TMS), for Statoil’s Johan Castberg Floating Production Storage and Offloading (FPSO), vessel. The Johan Castberg FPSO will be permanently moored by internal ...

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Dubai top holiday spot for GCC visitors during festive season

Dubai / Emirates Business HotelsCombined.com, the world’s leading hotel price comparison website reveals on Wednesday that Dubai continues to be the top favorite destination among GCC travelers during the festive season, followed by Abu Dhabi and Al Medina, Saudi Arabia. On the international level, London maintains its position as the most popular destination followed by Istanbul and Paris, according to ...

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Azizi unveils plan to invest $2.5bn in UAE

Dubai / Emirates Business Azizi Developments, one of the fastest growing developers in the UAE, has announced that it will invest AED9.1billion ($2.5 billion) across its operations in the UAE in 2018, significantly higher than its investments in 2017. The budget was approved by Mirwais Azizi, Azizi Group Chairman during Azizi Developments’ year-end gala dinner, in the presence of His ...

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Abu Dhabi sets up TIP platform to host ‘pioneers’

ABU DHABI / Emirates Business The Ministry of Economy and the Department of Economic Development – Abu Dhabi have officially launched TIP platform, a platform that will host a community of pioneers in technology and innovation locally, regionally and globally. TIP will also have specialised sub-platforms and will soon launch an award managed by TIP. Through this agreement, The Takamul ...

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Dubai launches new initiatives to empower business community

DUBAI / Emirates Business Under the patronage of HH Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority, and Chairman and Chief Executive of Emirates Airline & Group, Dubai Economy hosted the 2nd Business Community Engagement (BCE) Forum under the theme ‘Enabling a Future-Ready Business Environment.’ The Forum was aimed to strengthen the partnership between Dubai Economy ...

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Etihad Airways to end Tehran flights in January

DUBAI / Reuters Etihad Airways will scrap flights to Tehran on Jan 24, the latest route to be dropped as the Abu Dhabi airline pursues a strategy review. The airline launched the review in 2016 that has also seen it sell or step away from investments in foreign carriers. Etihad’s five weekly flights to Iran’s capital will be reduced to ...

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