Local News

DUBAI / Emirates Business The Middle East continues to be a strong source of interest for international textiles suppliers, with increasing market demand stemming from the region for the latest in home and contract textiles. This was underlined at a media round table organised by Messe Frankfurt Middle East, to familiarise regional media and industry representatives about the advantages of ...

DUBAI / WAM Dubai-based Gulf Navigation Holding PJSC, listed on the Dubai Financial Market under “GULFNAV”, continues its rapid commercial and performance success. Gulf Navigation has announced a potential strategic cooperation with Ali & Sons Marine Engineering Factory (ASMEF) in Abu Dhabi with the intention to establish a joint venture company in rendering services in the Oil & Gas, Offshore, ...

KUWAIT / WAM Sheikha Lubna bint Khalid Al Qasimi, President of Zayed University, has said that empowering women empowers the whole of society, adding that the 21st century has seen tremendous achievements with regards to women’s empowerment and gender equality. Al Qasimi’s remarks came during the 10th edition of the International Conference on Women Leaders in Scie- nce, Technology and ...

ABU DHABI / WAM The National, the leading quality English-language news title in the UAE, has marked its acclaimed relaunch and expansion into London with a reception at the Victoria and Albert Museum. Guests heard the recently appointed Editor-in-Chief, Mina Al-Oraibi, highlight the dramatic changes at The National; a new owner, International Media Investments, a move to a state-of-the-art multimedia ...

DUBAI / emirates business Abu Dhabi Ports, the master developer, operator and manager of commercial and community ports within the emirate of Abu Dhabi, as well as Fujairah Terminals and Khalifa Industrial Zone Abu Dhabi (KIZAD) has signed a Memorandum of Understanding (MoU) with Abu Dhabi Airports for the provision of a first time in the region offering of airport ...

DUBAI / Emirates Business wasl properties, a subsidiary of wasl Asset Management Group, released its highly anticipated ‘wasl Opal’ building for leasing, bringing 90 new residential units and additional retail spaces in Umm Hurair, close to Karama Central Post Office. The project reflects wasl’s mission to provide Dubai’s real estate market with much needed mid-range housing in strategic areas across ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, launched the One Million Arab Coders initiative, as part of the Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI), foundation. The initiative seeks to equip young Arabs with the tools to build their future, starting with fluency in ...

Abu Dhabi / WAM The UAE Central Bank withdrew AED23.8 billion ($6.53 billion) in excess liquidity in four months, as part of its policy to manage excess liquidity in the banking system. In the meantime, certificates of deposit at the bank rose to the tune of AED126.64 billion by the end of September. Official statistics show that the month of ...

DUBAI / Emirates Business Dubai Trade, the single window for cross-border trade and a DP World company, has integrated its Rosoom secured e-Payment gateway with Tahweel, the e-service portal of Dubai Maritime City (DMC). This partnership supports the Dubai Maritime Sector Strategy and the Smart Dubai initiative. The new step enables companies working in DMC to complete their transactions online ...

Abu Dhabi / WAM Abu Dhabi Global Market (ADGM), and Temenos, the software specialist for banking and finance, have announced their intention to collaborate and strengthen FinTech ecosystem in Abu Dhabi, following the unveiling of ADGM’s Innovation Centre at the FinTech Abu Dhabi Summit on October 23. A key aspect of the collaboration will see Temenos provide a sandbox service ...