Local News

Dubai / WAM Cases of IT-based frauds are increasing in organisations, raising concern among corporate houses and external key stakeholders on ways to detect and prevent such incidents, as companies have reported significant losses. Companies should hire the “right people with integrity and competency” to detect and prevent fraud, Abdulqader Obaid Ali, President, UAE Internal Audit Association, told CIOMajlis a ...

Dubai / Emirates Business Noor Bank, a leading Shari’a-compliant bank in the UAE, has won the Innovator in Islamic Finance 2017 award in the Process Innovation category from the New York-based Global Finance magazine. The award recognised the bank’s single-risk credit insurance structured finance solution for large corporate relationships. Speaking about the win, Ehsaan Ahmed, Head of GTS and Corporate ...

Dubai / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, Supreme Chairwoman of the Family Development Foundation and President of the Supreme Council for Motherhood and Childhood, launched the Fatima bint Mubarak Volunteering Programme. The programme is the first of its kind and aims to establish the culture of volunteer work and humanitarian giving among women ...

Dubai / WAM School bus trips account for 13 percent of the total volume of traffic during the morning rush hours in Dubai, the Roads and Transport Authority (RTA), revealed on Sunday. Statistics show that the number of students in public and private schools in Dubai in 2016 reached some 295,000 young people. “The school transport centre witnessed a rapid ...

Sharjah / WAM The Sharjah Electricity and Water Authority (SEWA) has announced the installation of 100 solar-powered lamp posts in the Yarmouk District of Khor Fakkan, as part of its plans to replace traditional street lighting with a solar-powered system on all the roads of the emirate. Traditional bulbs will be replaced with energy-saving LED bulbs to protect the environment ...

Abu Dhabi / Emirates Business Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, will work with the Massachusetts Institute of Technology on six new practical research projects at EGA later this year. MIT is the leading research university in the United States. The new projects extend EGA’s partnership with MIT’s David H. ...

DUBAI / WAM The Roads and Transport Authority (RTA) in Dubai has reiterated its endeavour and commitment to harness the world’s most sophisticated technologies, to be utilised in its diverse operations to support the delivery of its services to the various social segments of the public. The RTA and Siemens have therefore recently signed a Memorandum of Understanding (MoU), at ...

Dubai / WAM Dubai Electricity and Water Authority (DEWA) has announced that the adoption rate of its smart services has reached 80 percent, ahead of the deadline set by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to reduce the number of visitors to government offices by 80 ...

ABU DHABI / WAM The Emirates Post Group (EPG) discussed cooperation with Universal Postal Union (UPU) in postal field. This came during a meeting between Chairman of EPG, Mohamed Sultan Al-Qadi, and UPU Director-General Bishar Hussein, Regional Coordinator of International Development Programme for African Countries Abdellatif Meskine. The meeting was attended by Chief Support Services Officer at EPG Sami Alkhaja, ...

DUBAI / WAM Abu Dhabi achieved a 4% uplift in hotel guests last month, compared to July 2016, with almost 400,000 guests pushing the cumulative total for the first seven months of the year to over 2.6 million, maintaining a growth of 7% on the year, according to figures released by Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi). ...