Local News

Dubai / WAM Ahmad bin Shafar, CEO of Emirates Central Cooling Systems Corporation, Empower, has received the prestigious title of ‘CEO of the Year – Energy’ at the CEO Middle East Awards. Ahmad bin Shafar was bestowed with the honour in recognition of the role he has played in strengthening the district cooling sector in the Middle East, as well ...

Dubai / WAM Amina Ahmed Mohammed, Chief Executive Officer of the Emirates International Accreditation Centre (EIAC), officially opened the 9th Halal Expo Dubai 2017, at a ceremony at Roda Al Bustan Hotel on Monday. This comes two days after Malaysia formally recognised the UAE’s ‘Halal Products Control System’ national certificates and the national halal mark issued by the Emirates Authority ...

Dubai / Emirates Business Dr Rashid bin Ahmed bin Fahad, Minister of State and Chairman of the Board of Directors of the Emirates Authority for Standardisation and Metrology – owned and organized by the Dubai World Trade Centre (DWTC) officially opened the region’s leading hospitality trade shows on Monday. These included the inaugural edition of GulfHost 2017, the Middle East’s ...

DUBAI / Emirates Business UAE-headquartered upscale residential, hospitality and commercial property developer Seven Tides has broken ground on SE7EN Residences The Palm, a new residential development on the trunk of Palm Jumeirah. The 1.24million feet 2, 14-storey two tower complex, which is being developed by design and build, construction firm Airolink, is worth over half a billion dirhams and is ...

DUBAI / Emirates Business The prospect for the higher education sector in the UAE is bright, experts speaking at the forthcoming IPSEF Higher Education Forum say. UAE based universities have grown consistently in enrolments and revenues at a robust compound annual growth rate of 8-10 percent. The overall student base across local and international university campuses in UAE is estimated ...

Abu Dhabi / Emirates Business The Emirates ICT Innovation Center (EBTIC), which is based at the Khalifa University of Science and Technology, has announced the launch of the EBTIC Innovation Club (EBTIC-IC) – a dynamic networking platform dedicated to thought leadership and knowledge development in innovation and entrepreneurship in Abu Dhabi and the UAE. The EBTIC-IC aims to stimulate homegrown ...

Dubai / WAM Recent forecasts for growth in UAE trade are set to benefit the country’s logistics sector according to DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem. A BMI report published recently forecasts a steady rise in trade of 4.35 percent year on year in 2017, driven by a 5 percent growth in imports and exports of ...

Abu Dhabi / Emirates Business Abu Dhabi Airports’ VIP Terminal, operated by National Aviation Services (NAS), the fastest growing aviation services provider in the emerging markets, signed a partnership agreement with Al Hilal Bank in Abu Dhabi, a progressive Islamic bank, to provide exclusive VIP Terminal access at Abu Dhabi International Airport to top-ranking customers. Abdul Majeed Al Khoori, Acting ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE 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, on Sunday inaugurated a youth centre in Dubai deemed as the best in the world, with ...

Abu Dhabi / WAM The UAE Excise Tax, due to go into force effective 1st October, shall be collected in e-Dirham only, the Federal Tax Authority has announced. The move goes in line with the UAE government’s strategy to keep pace with the latest technological developments in areas of FinTech and revenue collection and ensure transparency, efficiency and safety in ...