Local News

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 ...

Dubai / Emirates Business Cargolux Airlines and Emirates SkyCargo have announced that they will be entering into a codeshare partnership for air cargo transportation. The agreement was signed in Dubai by Nabil Sultan, Emirates Divisional Senior Vice President, Cargo and Richard Forson, President & CEO Cargolux Airlines in the presence of François Bausch, Minister of Sustainable Development and Infrastructure, Luxembourg. ...

Abu Dhabi / WAM HH Sheikh Hamdan bin Zayed Al Nahyan, the Ruler’s Representative in Al Dhafra Region, on Tuesday inaugurated ADNOC’s Central Control Centre on Das Island during a visit to the company’s operations on Zirku and Das islands. During the visit, HH Sheikh Hamdan reiterated that the UAE, under the wise leadership of President His Highness Sheikh Khalifa ...

Dubai / Emirates Business Sales within the UAE’s ICT sector reached $4 billion in 2016, driven by growing demand for products and services within the country’s public and private sectors, new analysis conducted by the Dubai Chamber of Commerce and Industry has revealed. The analysis, based on recent data from Business Monitor International (BMI) and Euromonitor International, was released during ...

Dubai / Emirates Business Alpha Data, the UAE’s leading system integrator and one of the longest-standing IT companies in the country, is demonstrating advanced Enterprise Productivity Solutions powered by Hewlett Packard Enterprise (HPE) at the 37th GITEX Technology Week. The secured enterprise mobility experience delivered by the Citrix Workspace Suite in conjunction with solutions from Hewlett Packard Enterprise and Alpha ...

Dubai / Emirates Business Under the patronage of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, the Dubai Maritime City Authority (DMCA) opened the 2nd Dubai Maritime Agenda on Tuesday. As a leading international platform held under the umbrella of DMCA, the event included interactive sessions that brought together ...

Dubai / WAM Experts in banking and finance shared insights on the impact of Blockchain at a panel discussion organised by the e-Dirham team of the Ministry of Finance (MoF), in partnership with First Abu Dhabi Bank (FAB), during GITEX Technology Week, 2017. The panel discussion was a part of e-Dirham’s awareness initiatives which include an interactive talk by experts ...

Dubai / WAM Maqta Gateway, the developer and operator of the first port community system in the UAE has made presence at the region’s leading technology event, GITEX Technology Week, as part of the Abu Dhabi Digital Government pavilion for the second consecutive year. During the exhibition, Maqta Gateway is showcasing some of the latest home-grown technology solutions including the ...

Abu Dhabi / Emirates Business Etisalat and Federal Electricity and Water Authority (FEWA) signed a Memorandum of Understanding (MoU) to appoint FEWA as one of its key retail partner for Etisalat’s e-Life packages. The MoU was signed at GITEX Technology Week 2017 by Adnan Nasib our Executive Director, FEWA and Sultan Al Dhaheri, Acting General Manager, Etisalat Abu Dhabi. Sultan ...