Local News

Dubai / WAM In H1 of 2017, Dubai Customs conducted 133 seizures of goods worth up to AED72.584 million that were found to have infringed intellectual property rights. Dubai Customs firmly acted against IPR infringements to protect society and the economy from counterfeit goods, and to support a compe- titive investment environment in Dubai by enabling producers to avoid losses ...

ABU DHABI / WAM The UAE youth have made a difference and come a long way, thanks to the trust and support given to them by President His Highness Sheikh Khalifa bin Zayed Al Nahyan; Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum; and His Highness Sheikh Mohamed bin ...

DUBAI / WAM On the announcement of the biannual results, His Excellency Ali Bin Harmel Al Dhaheri, Chairman of the Board of Directors of National Takaful Company (Watania), emphasized that in the year 2016, the company’s performance received support and reinforcement. Watania stopped some of its operations that caused it to incur loss in some sectors, and also developed a ...

DUBAI / WAM The Telecommunications Regulatory Authority (TRA) announced the completion the Federal Network (FEDNet) security systems upgrade in a step aimed at protecting more than 35 federal entities against ‘advanced persistent threats’ in their various forms, whether through e-mail or internet browsing. This step comes in line with TRA’s efforts to enhance protection against cyber-breaches, as well as protecting ...

DUBAI / WAM The Board of Executive Directors of Roads and Transport Authority (RTA), chaired by Mattar Al Tayer, Director-General and Chairman of the Board, has endorsed the awarding of a contract for procuring 125 new school buses. The new buses will add to the fleet of the Dubai Taxi Corporation (DTC) to cope with the growing school transport activity. ...

Dubai / Emirates Business Dhofar Global, a leading supplier of hygiene products in the Middle East, announced that it has signed an agreement with AccorHotels, the world’s leading travel & lifestyle group. Through the agreement, Dhofar Global will supply world-class cleaning and hygiene products for the hotels the Group operates in the UAE, Oman, Bahrain and the Seychelles. The deal ...

ABU DHABI / WAM The cash flow circulating on the UAE market by UAE nationals and residents, including individuals and corporations alike, gained AED5.1 billion during H1 2017, bringing to AED67.4 billion the money supply circulating outside the banking sector by the end of June, according to UAE Central Bank statistics. On a YOY basis, the liquidity available outside banks ...

Abu Dhabi / WAM China continues to top the list of UAE’s major trade partners for the third straight year, with total bilateral trade exchange amounting to AED520.6 billion from 2014 through 2016, according to Ministry of Economy statistics. India came second followed by the USA, while the Kingdom of Saudi Arabia came fourth and then Germany fifth. Despite the ...

Abu Dhabi / WAM Abu Dhabi Airports has been awarded the UAE’s first Aerodrome Flight Information Services (AFIS) certification from the General Civil Aviation Authority (GCAA), for Sir Bani Yas Airport. AFIS is provided at airfields where flight information is required, but where the aircraft traffic does not warrant having a full Air Traffic Control service. AFIS can provide information ...

Dubai / WAM Master developer Nakheel has awarded four contracts, collectively valued at more than AED430 million, for Deira Islands’ new 15.3 square km waterfront city currently under construction in Dubai. The contracts, covering islands A and B of the four-island development, are for a sewage treatment plant, a district cooling plant, a substation and piling work for an 800-room ...