Local News

VP and Mohamed chair UAE goverment annual meetings

Abu Dhabi / WAM The annual meetings for the UAE government were held in Abu Dhabi on Tuesday, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. The ...

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Dubai fourth most popular city globally

Dubai / WAM Dubai retained its ranking as the fourth most popular travel destination in the world, according to the ninth annual Mastercard Global Destinations Cities Index. The emirate welcomed 14.87 million international overnight visitors in 2016, with an expected continued growth of 7.7 percent for 2017. Dubai continues to be the city with the highest international overnight visitor spend, ...

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UAE recognised as a booming market for global glass industry

Dubai / Emirates Business Over 140 exhibiting brands from 27 countries arrived in Dubai to participate at Gulf Glass, the largest flat & container glass event in the region, which will run until September 27 at the Dubai World Trade Centre. With more than 10,000 construction projects currently active in the GCC, the demand for glass and glass related products ...

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China’s 60% trade to Africa, Europe passes through UAE

Abu Dhabi / WAM Juma Mohamed Al Kait, Assistant Under-Secretary of the Foreign Trade Sector at the Ministry of Economy, drew attention to UAE-Chinese relations that continue to witness significant developments, especially in the trade and investment sectors, as 60 percent of China’s trade to Africa and Europe passes through the UAE while the value of their trade exchange is ...

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UAE to operate first N-reactor in 2018

ABU DHABI / Reuters The United Arab Emirates’ first nuclear reactor will ‘definitely’ be operational next year with the operating company getting a licence in 2018, the UAE’s energy minister said on Monday. The world’s largest single nuclear project, the Barakah plant will have capacity of 5,600 megawatts (MW) of electricity, with four 1400 MW reactors. Korea Electric Power Corporation ...

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‘Lifestyle Expo’ opens in Dubai

DUBAI / Emirates Business The Lifestyle Expo in Dubai is being held to foster business collaboration between Hong Kong, the Chinese mainland and the UAE as well as the rest of the Middle East-Africa (MEA), region, helping companies seize the enormous business opportunities emerging from China’s Belt and Road Initiative and Expo 2020 Dubai. Jointly organised by the Hong Kong ...

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Emirates to operate daily service to Tunis

DUBAI / WAM Emirates Airlines announced an increase in the frequency of flights between Dubai and Tunis from six to seven a week, starting October 30. The additional Dubai – Tunis flight will be operated every Monday with an Emirates Boeing 777-300ER, to give passengers in Tunis greater access to Emirates’ global route network, particularly destinations in the Middle East, ...

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17 solar energy powered radar devices to monitor traffic in Abu Dhabi

ABU DHABI / WAM The Abu Dhabi Police will begin using some 17 radar devices powered by solar energy on the two roads from Maha Forest to Ashoush, and from Al Sudaira Tunnel to Al Faqa Intersection, beginning September 26. Brigadier Ali Khalfan Al Dhaheri, Director of the Central Operations Sector at the Abu Dhabi Police, said that the use ...

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ADGM, ADIB ink MoU to enhance FinTech ecosystem

ABU DHABI /WAM Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, on Monday marked a new partnership with Abu Dhabi Islamic Bank (ADIB), a leading financial institution, to seek opportunities to collaborate and consult on initiatives to promote the growth and development of the FinTech ecosystem in Abu Dhabi and the UAE. The Memorandum of Understanding ...

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China Trade Week UAE begins at ADNEC

ABU DHABI / WAM China Trade Week UAE, which opened on Monday at the Abu Dhabi National Exhibition Centre (ADNEC), is poised to drive key relations between the two nations. The fifth edition of the annual event was officially opened by Juma Mohamed Al Kait, Assistant Under-Secretary for Foreign Trade Affairs at the Ministry of Economy, along with Lin Yaduo, ...

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