Local News

Dubai / WAM Dubai Food Park (DFP), the region’s largest specialised zone dedicated to serving the rapidly growing food sector, signed an AED1.35 billion investment agreement with Ningxia Forward Fund Management Company on Saturday to build a world-class China-UAE Food Industrial cluster in Dubai. The strategic agreement will consolidate China’s stake in the burgeoning Middle East food industry and expand ...

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP), issued a warning against cases of malpractice impacting patients in some medical centres and clinics that do not comply with the official health regulations. Dr. Amin Hussein Al Amiri, Assistant Under-Secretary for Public Health Policy and Licensing at the ministry, said, “Most of these procedures are being conducted by ...

Astana / WAM Dr Mohammed Ahmed bin Sultan Al Jaber, UAE Ambassador to the Republic of Kazakhstan, met Timur A. Kulibayev, Chairman of the KAZENERGY Association, in Kazakhstan. During the meeting, the two sides discussed means of boosting bilateral cooperation between the UAE and Kazakhstan in various fields, especially in the economy, trade, business, investment, tourism and infrastructure. Kulibayev praised ...

BEIJING / WAM The World Green Economy Organisation (WGEO), unveiled the Financial Sector Platform, at the UN Headquarters in Beijing, with an objective to mobilise investments for energy-efficiency initiatives and programmes to support the shift towards a green economy. The organisation was launched by Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum ...

Abu Dhabi / WAM The Tawazun Economic Council (Tawazun), will be attending the Defence and Security Equipment International (DSEI), from September 12-15 at ExCel London, UK. Tawazun is currently engaged in organising the UAE Pavilion at the DSEI 2017 in London. It will feature several companies, promoting their Made in UAE products and services, including Nimr Automotive, Abu Dhabi Ship ...

Dubai / WAM The Dubai Metro has broken the one billion passenger barrier, a top official of the Roads and Transport Authority (RTA), announced. Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of RTA, said that the Dubai Metro, comprising the Red and Green lines, transported 1.028 billion passengers, since the launch of the service on ...

Abu Dhabi / Emirates Business Al Hilal Bank announced a new senior appointment at the leadership team level; Jasem AlHosani as the Head of Compliance, to further drive the Bank’s success and its future growth plans. Alex Coelho, Chief Executive Officer of Al Hilal Bank, stated: “Leading organizations are under an obligation to renew themselves in order to stay ahead. ...

Dubai / Emirates Business Sharjah Book Authority (SBA), strengthened its presence on the global arena through its participation at the Moscow International Book Fair and the Indonesia International Book Fair. The authority used its involvement at the literary events to extend bridges of communication and develop channels of cooperation with a large number of publishers and intellectuals from Northern Eurasia ...

DUBAI / WAM Growth in the UAE non-oil private sector economy climbed to the fastest pace seen since February 2015, bolstered by sharp expansions in new orders and output, according to the latest UAE PMI survey. The survey, sponsored by Emirates NBD and produced by IHS Markit, contains original data collected from a monthly survey of business conditions in the ...

SHARJAH / WAM A massive 24 million square metre-project said to be generating AED24 billion in real estate value was launched in Sharjah in the presence of HH Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah. The Aljada, owned by Arada, is said to be the largest privately-owned mixed-use real estate project in the ...