Local News

Fujairah / WAM The National Bank of Fujairah (NBF), has announced the bank’s maiden electronic banking service unit in the heart of Abu Dhabi’s Al Reef community. In line with the bank’s continuing expansion of its domestic customer network in the UAE, the new NBF service unit will provide residents with a full range of services using state-of-the-art technology, including ...

Dubai / WAM The Dubai Chamber of Commerce and Industry (DCCI) announced that it has achieved 100 percent smart transformation of core services provided to its members and the local business community. The announcement was made during GITEX Technology Week 2017, where the chamber is exhibiting and showcasing its wide range of smart services that are accessible through its website ...

Dubai / Emirates Business ENBD REIT (CEIC) Limited, the Shari’a-compliant real estate investment trust managed by Emirates NBD Asset Management, announced its acquisition of The Edge office building in Dubai Internet City from developer SWEID & SWEID at a transaction value of AED 280 million. The premier 92,000-square foot office building, is home to global tech outfit Oracle, social media ...

Dubai / WAM The Higher Committee of the Arab Reading Challenge announced that this year’s competition has seen a whopping 108 percent increase in participation among Arab students living in non-Arab countries. The numbers are testimony to the initiative’s success in transcending the borders of the Arab world. In total, students from 11 countries – the UK, Denmark, France, Indonesia, ...

Abu Dhabi / Emirates Business The Abu Dhabi Department of Urban Planning and Municipalities (DPM) will showcase its latest digital development projects in the Abu Dhabi digital government pavilion at GITEX 2017. The DPM has been invited to attend the event due to its impressive achievements in developing and implementing digital enhancements to its processes and customer services. During the ...

Abu Dhabi / Emirates Business An expanded and restructured strategic conference programme at the world’s leading annual meeting for senior oil and gas decision makers, the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), will play a vital role in driving strategic investment decisions across the industry’s full value chain, organisers said today. Investment in refining and selling the oil ...

Dubai / Emirates Business Global digital transformation enabler, SAP, announced on Saturday at GITEX Technology Week 2017 that the Internet of Things (IoT) will catalyze the Middle East’s $70 billion digital contribution to GDP. According to McKinsey, the UAE contribution to that figure is $15 billion. Governments across the Middle East, North Africa, and Southwest Asia are increasingly driving innovative ...

Dubai / WAM The Dubai Land Department (DLD), reached another technical milestone by becoming the world’s first government entity to adopt blockchain technology, reflecting the ‘Dubai Blockchain Strategy’ launched by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Board of Trustees of Dubai Foundation for the Future. The initiative has been ...

Abu Dhabi / WAM Etisalat plans to invest more than AED3 billion in 2017 to develop and modernise infrastructure and expand mobile and fibre optic networks, Internet of Things, artificial intelligence and robotics across the UAE, according to a top company executive. Speaking to the media ahead of the GITEX Technology Week, Saleh Al Abdooli, CEO of Etisalat Group, said ...

Dubai / Emirates Business Dubai Economy will participate in GITEX Technology Week 2017 being held at the Dubai International Convention and Exhibition Centre from October 8-12, showcasing its innovative e-services and applications for visitors. The participation is in line with the efforts of Dubai Economy to connect with leading technology companies and government entities as well as to update businessmen ...