Local News

70% of Dubai start-ups employ cloud computing solutions

Dubai / Emirates Business Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), the integrated free zone technology park, on Monday announced the findings of The Cloud Report 2017, commissioned in partnership with IBM and produced by Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals. Launched at a joint press conference ...

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‘DAFZA’s strategy for Islamic economy’ launched in Dubai

DUBAI / Emirates Business His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Airport Freezone Authority (DAFZA), has launched the ‘DAFZA’s Strategy for Islamic Economy’ which is based on strategic initiatives involving the Islamic economy and halal sectors. The strategy will help attract more foreign direct investments (FDIs) to the sectors and support the ‘Dubai – Capital ...

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DXB named ‘favourite airport for layovers’

DUBAI / WAM Dubai International (DXB) has been named the ‘Favourite Airport for Layovers’ at the Conde Nast Traveller Readers’ Choice Awards Middle East. Dubai International along with Singapore Changi International and Hong Kong International Airport were the three international hubs that were voted to the top by readers of Conde Nast Traveller Middle East in the Favourite Airport for ...

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Mashreq recognised for global mobile banking excellence

DUBAI / Emirates Business Mashreq Bank, the UAE’s leading financial institution was presented with the Best Consumer Mobile Banking Global award at the Digital Bank Conference and Awards dinner hosted by Global Finance magazine in London, England. The award is in recognition of Mashreq bank’s development of its mobile banking app, Snapp and its efforts in enhancing its customers’ experiences ...

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Ministry of Health discusses relations with Romania

DUBAI / WAM Dr Amin Hussein Al Amiri, Assistant Under-Secretary for Public Health Policy and Licensing at the Ministry of Health and Community Prevention, discussed, with Adrian Macelaru, Ambassador Extraordinary and Plenipotentiary of Romania to the UAE, ways of developing cooperation and the exchange of knowledge in the health sector between the two countries. During the meeting, the two sides ...

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DLD concludes its global realty tour

Dubai / WAM The Real Estate Investment Management and Promotion Centre, the investment arm of Dubai Land Department (DLD), has concluded its real estate roadshow and workshops in the United Kingdom. London was the last destination in the real estate roadshow, which aimed to promote Dubai’s real estate market and attract British investors. The roadshow, which earlier visited the Russian ...

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Palma Holding offers financing options for Serenia Residences

Dubai / Emirates Business With its Serenia Residences project due for completion in only few weeks’ time, Palma has announced that it will be providing its clients with a range of exclusive financing options in partnership with leading specialised financiers including Emirates NBD, Sharjah Islamic Bank, Amlak Finance PJSC and Mortgage Finder. Kareem Derbas, CEO of Palma Holding, commented: “We ...

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Cardiovascular diseases are leading cause of death in Abu Dhabi

Abu Dhabi / WAM The Department of Health (DoH), released on Monday the Abu Dhabi Healthcare Statistics report for the year 2016, providing a summary of population health, births and deaths, common diseases, healthcare demand and supply, as well as future healthcare needs in the emirate. According to the report, the total number of births in Abu Dhabi in 2016 ...

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UAE hotel investments to hit $8.4bn in 2018

DUBAI / Emirates Business The Arabian Hotel Investment Conference 2018 (AHIC) is forecasting significant opportunities for hotel investors targeting the Middle East in light of new data from MEED Projects, which predicts that more than $14bn worth of hotel construction contracts will be awarded in 2018. According to MEED Projects, the online projects tracking service, the value of new hotel ...

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Sharjah approves AED22.1 billion budget for 2018

SHARJAH / WAM HH Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued Law No. 10 2017 approving a general budget of AED22.1 billion for the fiscal year 2018. The total amount is a 6 percent increase from the emirate’s 2017 budget and focusses on several strategic objectives and indicators within the economic, ...

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