Local News

Dubai / WAM Dubai is to host the International Desalination Association’s 2019 World Congress on water desalination, the world’s largest and the most prominent conference on water desalination specialty areas. It will be attended by leaders, senior officials, experts, and academics, as well as 2,000 participants from 60 countries around the world, according to Dubai Electricity and Water Authority, DEWA, ...

DUBAI / WAM The Roads and Transport Authority (RTA), announced that its 96th Licensing Open Plates Auction held on September 30 raised total revenue of AED24.8 million when 80 eye-catching plates were put under the hammer. Four license plates acquired the lion’s share of revenues in the auction, which saw fierce competition between bidders. Ahmed Bahrozyan, CEO of RTA’s Licensing ...

ABU DHABI / WAM The Telecommunications Regulatory Authority (TRA), will host the 60th International Public Meeting (ICANN60), of the Internet Corporation for Assigned Names and Numbers (ICANN), at the Abu Dhabi National Exhibition Centre (ADNEC), from October 28 to November 3. ICANN60 will bring to the UAE a diverse international community, with stakeholders from government, business, civil society, non-government organisations, ...

Abu Dhabi / WAM American investors rank in first place among foreign investors in the Abu Dhabi Securities Exchange (ADX), in terms of net investment in 2016 and H1 2017, with AED2.2 billion and AED960 million, respectively, said Rashed Al Blooshi, Chief Executive of ADX, during a briefing about the exchange at the American Chamber of Commerce, Abu Dhabi (AmCham). ...

Dubai / WAM Latest Dubai Customs statistics revealed that the department received 129 suggestions and 948 enquires during the first half of 2017. Positive feedback on Dubai Customs services and products and the rate of commendation rose to 76 from 22 in the same period in 2016, a 250 percent rise. The number of ideas and innovations submitted by clients ...

DUBAI / Emirates Business This year Mitsubishi is celebrating its 100th year of success and innovation anniversary. Al Habtoor Motors, Mitsubishi’s official dealer in the UAE, marks the automobile giant’s achievement with the Mitsubishi Super Win promotion – a special treat for its customers. One of the biggest promotions till date, Mitsubishi customers can look forward to great winnings, never-before ...

DUBAI / WAM In line with the decision of President His Highness Sheikh Khalifa bin Zayed Al Nahyan to declare 2017 as the “#Year of Giving”, and the global vision of endowment adopted by Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Mohammed bin Rashid School of Government (MBRSG), announced the ...

DUBAI / Emirates Business The unprecedented growth of the infrastructure sector across the GCC over the past six decades has been one of the most significant achievements of the region as top Emirati firms have been selected for outstanding contributions to GCC’s infrastructure growth. Guided by the ambitious national visions set by the leadership of each GCC state, the world ...

DUBAI / WAM The Ministry of Finance (MoF) published Cabinet Decision No. (37) of 2017 on the Executive Regulation of the Federal Decree-Law No. (7) of 2017 on Excise Tax, as well as Cabinet Decision No. (38) of 2017 on Excise Goods, Excise Tax Rates and the Method of Calculating the Excise Price, the latter of which will add 50 ...

ABU DHABI / Emirates Business The strength and role of Abu Dhabi Global Market (ADGM) as a strategic hub for aircraft financing and leasing has been endorsed and corroborated by PwC in the newly published Aviation Comparative Jurisdiction Report (the ‘Aviation Report’). ADGM, the International Financial Centre in Abu Dhabi, worked with PwC to analyse the wide and expanding Double ...