Local News

DUBAI / Emirates Business At GITEX Future Stars, Saudi-based startup Sadeem won USD$100,000 for Best Global Startup. A wireless platform, Sadeem is the world’s first multi-patented flood and traffic information system with active networks to save lives and money in realtime. “This win means a lot, and is a culmination of six years of work. This is due to the ...

DUBAI / Emirates Business wasl Asset Management Group, Dubai Land Department (DLD), Dubai Electricity & Water Authority (DEWA), the Smart Dubai Office, Emirates NBD, and the General Directorate of Residency and Foreigners Affairs (GDRFA) jointly announced the launch of a new electronic services system for registering and renewing smart real estate leases using blockchain technology. The revolutionary service has been ...

DUBAI / WAM Dubai Electricity and Water Authority (DEWA), and Dubai Civil Aviation Authority (DCAA), have signed a Memorandum of Understanding to exchange expertise and knowledge and support and develop joint relations. The MoU was signed by Saeed Mohammed Al Tayer, MD and CEO of DEWA, and Mohammed Abdulla Ahli, Director-General of DCAA, during GITEX Technology Week 2017. According to ...

DUBAI / WAM As part of its continuous efforts to enhance services to meet customers’ needs, as well as achieve its strategic objectives and the m-Government indices, the Ministry of Finance (MoF), held a workshop on the issuance of tax certificates which included Value Added Tax (VAT), and Tax Domicile. The ministry also held a live streaming session on its ...

ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX), showcased its latest innovative digital services and applications during GITEX Technology Week 2017. The applications, which include the Investors App, Smart Watch App, and My ADX, are accessible through the Apple and Google Play stores and can be used on either smartphones, tablet computers or smart watches. Speaking on the occasion, ...

Dubai / Emirates Business Al Ghurair Properties, the pioneering real estate developer managing commercial, residential, hospitality and mixed use developments, announces a new wave of projects across Dubai, as part of the company’s vision to uplift the property offering in the city. According to reports from real estate agency, JLL MENA, as a result of Dubai’s improving economy, it is ...

RAS AL KHAIMAH / WAM Expo 2020 Dubai will provide an unprecedented platform that will showcase to the world the achievements of the UAE’s creative development process and its constructive role in contributing to the creation of a better future for all mankind, HH Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah said. ...

Abu Dhabi / WAM The UAE Space Agency has signed a Memorandum of Understanding (MoU), with the Government of the Grand Duchy of Luxembourg, defining a framework for collaboration and the exchange of information and expertise in the fields of space science, research, and technology. The MoU was signed by Dr. Ahmad Belhoul Al Falasi, Minister of State for Higher ...

Ras Al Khaimah / Emirates Business Bank ABC (Arab Banking Corporation (B.S.C.)), First Abu Dhabi Bank PJSC (FAB), and Standard Chartered Bank, acting as the Initial Mandated Lead Arrangers and Bookrunners, successfully closed a debut $350 million 3-year Syndicated Term Loan Facility for The National Bank of Ras Al Khaimah, (RAKBANK). The Facility was signed on October 9 and will ...

Dubai / Emirates Business The Dubai Maritime Cluster Office (DMCO) of the Dubai Maritime City Authority (DMCA) signed Memorandums of Understanding (MoUs) with Germany’s Maritimes Cluster Norddeutschland and Canada’s Vancouver International Maritime Cluster as part of its efforts to develop more strategic partnerships with the world’s leading maritime clusters. The signing ceremony was attended by Hamad Buamim, Director General of ...