Local News

Dubai / Emirates Business His Excellency Dr Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, stated that the UAE has made significant progress in combating the climate change impacts through its renewable energy projects and several initiatives and programs that will contribute to achieving the goals of the National Climate Change Plan 2050 and the National Climate ...

Abu Dhabi / WAM Louvre Abu Dhabi has welcomed 30,000 visitors, 227 artists and performers and numerous VIPs and official visits during its opening celebrations. The museum was opened to the public on November 11. “Welcoming thousands of visitors to Louvre Abu Dhabi during the opening week has been an honour,” said Manuel Rabate, Director of Louvre Abu Dhabi. “Walking ...

DUBAI / Emirates Business Emirates SkyCargo, the freight division of Emirates, has signed an MoU with Dubai CommerCity- the first free zone dedicated to e-commerce in the Middle East and North Africa region located in Dubai. The MoU was signed in the presence of His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive Officer, Emirates airline and ...

Dubai / Emirates Business Dubai Land Department (DLD) has announced that the rental index has been updated for 2018. DLD confirmed that the new update is for all residential, commercial and industrial properties in the Emirate of Dubai. DLD’s specialists have adopted a variety of mechanisms to carry out the upgrade process, including reading the average data of tenancy contracts ...

Dubai / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has stressed that providing high-quality healthcare to the residents of Dubai is a top government priority. Sheikh Hamdan’s remarks came during his inspection visit to the Emergency and Trauma Centre at Rashid Hospital. He was accompanied by ...

ABU DHABI / Emirates Business Strata Manufacturing PJSC (Strata), the advanced composite aerostructures manufacturing facility wholly owned by Mubadala Investment Company (Mubadala), has completed delivery of its first set of A350-900 inboard flaps to Airbus. Airbus selected Strata to manufacture the A350-900 inboard flap in 2015. Located along the trailing edge of the wings, the inboard flaps are positioned next ...

Dubai / WAM The Mohammed bin Rashid Centre for Government Innovation (MBRCGI), organised a training programme titled “Make the Change” in collaboration with the University of California – Berkeley. Drawing in participants from various federal and local government entities, the programme is part of a series of events and discussions organised by the Centre in collaboration with prestigious academic institutes ...

Bloomberg SoftBank Group Corp. plans to invest as much as $25 billion in Saudi Arabia over the next three to four years as the Japanese company run by Masayoshi Son deepens investment ties with the kingdom, according to people familiar with the matter. SoftBank aims to deploy up to $15 billion in a new city called Neom that Crown Prince ...

DUBAI / WAM The Dubai-based airline, flydubai, on Wednesday announced its commitment to a $27 billion order for 225 Boeing 737 MAX aircraft, to support the growth of its fleet. This is the third order placed by the airline with Boeing in its eight-year history, following those in 2008 and 2013. The new aircraft order will support its continued expansion ...

Bloomberg OPEC and allied oil producers should extend their production cuts beyond March to help re-balance the market, the United Arab Emirates said, adding weight to a gathering consensus for longer reductions in output among participants in the global accord. The UAE favours maintaining the cuts, which are set to expire at the end of the first quarter, Minister of ...