Local News

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, met Audrey Azoulay, Director-General of the United Nations Educational, Scientific and Cultural Organisation (UNESCO), on the sidelines of the WGS 2018. HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai ...

Dubai / Emirates Business Seeking to redefine the value shopping space in the UAE retail arena, Al Ahli Holding Group announced a significant development in the Dubai Outlet Mall expansion on Tuesday. Dubai Outlet Mall secured an Islamic club financing facility worth AED 1.25 billion ($340 million) for the expansion and general corporate purposes. Dubai Outlet Mall is part of the ...

Dubai / WAM Sixteen news agencies, including the Emirates News Agency, (WAM), signed a declaration agreeing to work to raise awareness of the importance of the main themes of the World Government Summit and of the need to promote global understanding. Signatories included representatives of the following news agencies- Saudi Press Agency, (SPA); Middle East News Agency, (MENA); Indo-Asian news ...

Abu Dhabi / WAM Dubai Airports on Tuesday announced the successful completion of the world’s first Tier III certified Modular Data Centre Complex (MDCC), at Dubai International (DXB), following a tour of the new facility by HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Airports. The project was led by Dubai Airports and delivered by Huawei in just ...

Abu Dhabi / WAM The Department of Urban Planning and Municipalities (DPM), is among several government entities that have initiated preparations for the World Urban Forum 2020 (WUF10), in Abu Dhabi – the first WUF to be held in the Arab region. The emirate has been selected by UN-Habitat to host the prestigious event, which brings together global leaders to ...

Dubai / WAM Dr Aisha bint Butti bin Bishr, Director-General of the Smart Dubai Office (SDO), presented the chapter on happy cities from the Global Happiness Policy Report, issued by the World Happiness Council on the sidelines of the 6th World Government Summit (WGS 2018). The Council had held a meeting at the Summit, attended by Ohoud bint Khalfan Al Roumi, ...

DUBAI / WAM Emaar Malls, the shopping malls and retail business majority-owned by Emaar Properties PJSC, recorded a net profit of AED2.080 billion ($566 million) in 2017, 11 percent higher than the net profit of AED1.874 billion ($510 million) during 2016. Revenue for full-year 2017 was AED3.629 billion ($988 million), a growth of 12 percent over 2016 revenue of AED3.227 ...

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) has announced a significant milestone for one of its youngest operating companies, Al Dhafra Petroleum, with a major capital investment to establish facilities and enable oil production from Haliba field, located along the south-east border of Abu Dhabi. Adnoc’s plans to start production from Haliba with an initial capacity ...

DUBAI / Reuters The Dubai Gold and Commodities Exchange (DGCX) said on Monday it was working with Indian counterparts to explore alternatives after India’s three main stock markets announced they would stop licensing their indexes and securities abroad. India’s decision appears to threaten several products offered by the DGCX, which trades futures based on the Bombay Stock Exchange’s Sensex index; ...

DUBAI / WAM ENOC Group is exploring investment opportunities within Egy-pt’s energy landscape as part of its long-term strategy to expand its regional footprint. The announcement, made on the sidelines of the Egypt Petroleum Show (EGYPS), being held in Cairo from February 12-14, was part of ENOC Group’s participation in the exhibition that has brought key stakeholders from the MENA ...