Local News

DUBAI / Emirates Business As part of its commitment to support aspiring entrepreneurs in the region, Sheraa hosted the One Young World MENA Caucus at the Sheraa Hub in American University of Sharjah, bringing together delegates to debate, formulate and share innovative solutions for the pressing issues facing the region. One Young World (OYW) is a global platform founded in ...

DUBAI / Emirates Business Dubai Aerospace Enterprise (DAE) Ltd. announces the appointment of Jeff Wilkinson as CEO of its subsidiary company, Jordan Aircraft Maintenance Limited (Joramco). Jeff was most recently CEO of Etihad Airways Engineering based in Abu Dhabi responsible for several core business functions including Airframe and Component maintenance services, Supply Chain Management, Design Engineering, CAMO, Line and Light ...

Abu Dhabi / Emirates Business The three-day biennial Seatrade Offshore Marine & Workboats Middle East conference and exhibition (SOMWME) was inaugurated on Monday by His Highness Sheikh Dhiyab bin Mohamed bin Zayed Al Nahyan, Chairman of the Transport Authority and member of the Executive Council, under the patronage of HH Sheikh Hazza bin Zayed Al Nahyan Vice Chairman of the ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Monday met the Egyptian President Abdel Fattah el-Sisi, and discussed ways to promote fraternal relations and a number of regional and international issues of mutual interest. During the meeting, His Highness Sheikh Mohamed ...

Dubai / WAM Dubai Multi Commodities Centre (DMCC), the world’s leading free zone for trade and enterprise and master developer of the Jumeirah Lakes Towers in Dubai, on Monday announced that construction has commenced at its new premium district, ‘Uptown Dubai,’ and that Phase 1 with more than two million square feet of LEED Gold-certified development will be underway by ...

Abu Dhabi / WAM ADNOC Distribution has announced that it received a ‘UAE Superbrand’ award for 2017, for the fourth consecutive year. Mohammed Al Zaabi, Acting Senior Vice President of Retail Sales Group at ADNOC Distribution, received the award at a ceremony hosted by the Superbrands Council. Superbrands is the largest independent global body evaluating and recognising corporate branding and ...

Abu Dhabi / WAM Abu Dhabi’s Department of Culture and Tourism (TCA Abu Dhabi) is to host a lecture as part of Al Ain National Museum’s Coffee Morning series in Al Ain Municipality Theater on September 27, led by Dr. Mark Beech, Head of the Department of Coastal Heritage and Palaeontology at Al Ain National Museum. Titled ‘Why Studying the ...

DUBAI / WAM The UAE Government Accelerators programme exceeded all expectations in the second round, addressing challenges and working towards services that directly affect people’s everyday lives. The eight teams in the programme have exceeded their stated goals, without committing to the use of additional resources, according to an official handout. Six teams successfully achieved their stated targets as far ...

Abu Dhabi / WAM The UAE central bank withdrew AED3.1 billion in excess liquidity during August, bringing the total withdrawals to AED11.3 billion in two months. The apex bank said the move is part of its continuing efforts to manage excess liquidity in the banking system. The UAE central bank withdrew AED8.2 billion of excess liquidity during July, which resulted ...

ABU DHABI / WAM Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, announced that the International Swaps and Derivatives Association (ISDA), recognised ADGM as an effective netting regime and published a positive legal opinion to its members. The new recognition further reinforces ADGM’s position in providing a robust legal framework, which allows financial institutions and corporates ...