Local News

Dubai / WAM The AED1.3 billion comprehensive developmental of the Hatta Region is going according to plan to uphold the prominent cultural and environmental position of the region as one of the emirate’s key tourist attractions and business destinations, according to the Dubai Executive Council. A number of state departments are engaging in the developmental plan launched by the Vice ...

Abu Dhabi / WAM A number of ministers and senior space and science officials from the UAE have visited Washington D.C., to meet with senior space officials and representatives from the public and private sector in the United States, further strengthening UAE-US collaborative efforts in space science, education and exploration. Led by Dr. Ahmad Belhoul Al Falasi, Minister of State ...

Abu Dhabi / Emirates Business Abu Dhabi accelerated its growth in hotel guest arrivals during October with 418,883 guests checking into the emirate’s 163 hotels and hotel apartments, representing an 18% increase over the same month last year. The cumulative number of guest arrivals for the first ten months of this year has increased to reach more than 3.9 million, ...

ABU DHABI / WAM The UAE has granted citizenship to 309 children of Emirati mothers. In its latest meeting, under the chairmanship of Ahmed Juma Al Za’abi, Deputy Minister for Presidential Affairs, the committee tasked with implementing the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, reviewed and approved the list of applicants submitted by the Ministry ...

Dubai / Emirates Business The International Property Show (IPS), the Middle East’s biggest property sales platform for local and international real estate markets, announced its strategic partnership with MAG Property Development (MAG PD) for the 14th edition of the event. IPS 2018 will run from April 9-11 next year at the Dubai World Trade Centre (DWTC), where a 20,000-strong international ...

Dubai / WAM Leaders and experts in foreign direct investment, FDI, are gathering at the 22nd annual World Investment Conference (WIC17), the flagship event of the World Association of Investment Promotion Agencies, WAIPA, hosted by Dubai Investment Development Agency (Dubai FDI), an agency of Dubai Economy and WAIPA Steering Committee Member, at the InterContinental Dubai Festival City, from November, 27-28. ...

DUBAI / Emirates Business Better Life, one of the leading home appliance retailers in the UAE and a division of the Easa Saleh Al Gurg Group LLC announced the launch of an ambitious new retail strategy focused on kitchen appliances to offer a wide variety of options to consumers that meet the requirements of contemporary UAE lifestyles. The strategy aims ...

Abu Dhabi / Emirates Business The Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi Ports are to establish a joint Marine Simulator Centre in Musaffah, Abu Dhabi, to provide a range of maritime training for the UAE’s growing marine workforce. Under this long-term partnership, the Marine Simulation Centre will provide training for ADNOC employees and serve the wider marine ...

Dubai / Reuters Bank of Sharjah and Invest Bank are in merger talks that could create an institution with about AED50.6 billion ($13.8 billion) of assets, sources familiar with the matter told Reuters. In the latest latest sign of consolidation in the United Arab Emirates’ crowded banking industry, the two lenders have held on-and-off discussions over a potential merger since ...

Abu Dhabi / Emirates Business Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, hosted a seminar for the students of the United Arab Emirates University (UAEU) to discuss the Fund’s development work, operational activities, and achievements spanning 84 beneficiary countries. The panellists shared insights on how ADFD has driven and supported UAE’s mission of socio-economic ...