Local News

Dubai / Emirates Business Business France, the national agency supporting the international development of te French economy will be hosting 20 leading French technology companies at GITEX, held from October 8 to 12, in Dubai World Trade Center (DWTC). The innovative and pioneering companies will be introducing their expertise in areas including 5G networks, Smart Cities, the Internet of Things, ...

Dubai / Emirates Business The Urban Thinkers Campus, which was launched by Dubai Land Department (DLD) through its educational arm the Dubai Real Estate Institute (DREI) in cooperation with the United Nations (UN), concluded with discussions on investment and real estate innovation, smart and sustainable living, wellness and happiness, innovative asset management, and affordable housing. The sessions, hosted by Dubai ...

RAS AL KHAIMAH / WAM The Ras Al Khaimah Economic Zone (RAKEZ), has supported the Financial Times (FT), in bringing this year’s ‘Future of Manufacturing Summit’, one of the most significant events in the manufacturing landscape, which was held in London on October 3. With the attendance of over 200 manufacturing leaders, investors and innovators, the event underlined game-changing technologies ...

DUBAI / WAM With Expo 2020 Dubai on the horizon, and a successful push to diversify economies away from a reliance on hydrocarbon receipts, travel professionals from the Middle East are heading to WTM London in November in confident mood as they look to achieve a greater share of the multi-billion-dollar international travel market. WTM London being held from November ...

DUBAI / Emirates Business Headset with an LED light cable. The Firefly offers perfect safety features for fitness enthusiasts who like to run at night. The Firefly’s rechargeable LED light provides an added layer of safety from vehicles and other objects due to its enhanced visibility in the dark. ZAKK is a global lifestyle brand aimed to enhance the experiences ...

DUBAI / Reuters Abu Dhabi sold its first ever 30-year sovereign bond on Tuesday as part of a $10 billion triple-tranche debt issue that drew heavy demand. The sale followed a $12.5 billion bond issue by Saudi Arabia last week – the largest emerging market bond sale in 2017 – and was the latest jumbo sovereign offering from Gulf states ...

DUBAI / Emirates Business UAE residents will soon be able to send remittances directly through their mobile phones, using a first-of-its-kind mobile wallet, which is set to launch at GITEX Technology Week 2017. The new service, which enables instant and secure transaction through a mobile application, has been developed by digital payments enabler Trriple. With a booming economy and an ...

DUBAI / WAM Despite softening slightly in September, growth in the UAE’s non-oil private sector remained sharp and marked the strongest quarter recorded for two years, according to the latest UAE PMI survey. It added, “The latest improvement in business conditions was driven by above-average expansions in both output and new orders. That said, new business from abroad slipped back ...

KHOBAR / Reuters Abu Dhabi Future Energy Company (Masdar) and EDF Energies Nouvelles have submitted the lowest bid to build the first utility-scale solar plant in Saudi Arabia, reports said. The 300-megawatt solar photovoltaic (PV) project is in Sakaka, the Al Jouf Province in the north of the kingdom. The two companies submitted a joint bid for a levelised cost ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, has ordered the creation of an air bridge to provide critical relief supplies for the Rohingya refugees fleeing from the conflict in Myanmar. The air bridge, which reaffirms Dubai’s commitment to support the emergency efforts of UN and Non-Govermental ...