Local News

Prince of Monaco tours UAE Pavilion at Expo 2017 Astana

Astana / Emirates Business His serene highness Prince Albert II, Prince of Monaco, was briefed on the efforts of the UAE and its pioneering initiatives in renewable energy during his visit to the UAE pavilion at the Expo 2017 in Astana. Prince Albert II praised the UAE’s strategy of diversifying energy resources and investing in future energy and its achievements ...

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GETEX Autumn 2017 to offer higher education options

Dubai / Emirates Business The Gulf Education and Training Exhibition (GETEX), the leading student recruitment platform in the Middle East and Asia, is set to return with its autumn edition to support higher education providers in student recruitment for their Fall 2017 and Spring 2018 sessions. Held under the patronage of the UAE Ministry of Education, GETEX Autumn 2017 will ...

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UAE Clearing System handles cheques worth AED643.7bn

Abu Dhabi / WAM A total of 12.922 million cheques worth AED643.7 billion were handled by the UAE Clearing Cheque System during the first five months of 2017, according to the UAE Central Bank data. A total of AED28.9 billion worth of 546,000 cheques were bounced from January through the end of May, accounting for 4.5 percent of the cheques’ ...

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DEWA unit-Dell deal to develop cloud computing solutions

Dubai / WAM Data Hub Integrated Solutions (MORO), a fully-owned subsidiary of Dubai Electricity and Water Authority (DEWA) signed a Memorandum of Understanding with Dell to enhance collaboration and partnership between the two companies and to develop and deliver cloud computing solutions, integrated infrastructure administration services and servers, secure data storage solutions, innovative information technology applications. The MoU facilitates enhanced ...

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SCA: 633 marketing foreign funds in UAE by end of 2016

ABU DHABI / WAM The number of marketing foreign funds incorporated by the Securities and Commodities Authority (SCA) in the UAE grew 5.6 percent to 633 funds by the end of 2016, from 599 in 2015. SCA in recent statistics indicated that the number of foreign marketing funds operating in the country over the past five years jumped from 218 ...

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Emirates, flydubai seek closer ties to boost returns

PARIS / Reuters Emirates, the Middle East’s largest airline, and budget carrier flydubai will start to deepen their relationship over the next 18 months as their owner, the Dubai government, seeks to improve returns. Emirates President Tim Clark told reporters on Wednesday that changes could include more closely coordinated connecting – or feeder – flights, and a joint decision on ...

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EGA to ‘share’ blueprint for innovative firms

Dubai / Emirates Business Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, is to share the secrets of the success of its long-running programme to engage employees in continuous improvement with Government and private sector organisations developing policy recommendations to encourage innovation in the UAE. EGA is sponsoring the Innovation 360 think ...

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DP World wins ‘gold for employee engagement’ award in London

Dubai / WAM DP World has won Gold for Employee Engagement award at the International CSR Excellence Awards in London, in recognition of its Global Education initiative, and being named Sustainability Champion for its ‘Our World, Our Future’ global sustainability programme. ‘Our World, Our Future’ was launched in February 2016 to unite DP World’s wide-ranging sustainability efforts and ensure maximum ...

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Dubai Customs salutes UAE’s 1st global customs efficiency ranking

Dubai / WAM Sultan bin Sulayem, DP World Group Chairman and CEO and Chairman of Ports, Customs and Free Zone Corporation, praised the UAE’s achievement of topping the world’s Efficiency of Customs Procedures Index in the IMD 2017 report of Global Competitiveness. The report is issued by the Global Competitiveness Centre of the IMD, International Institute for Management Development in ...

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DXB expects heightened traffic during Eid

Dubai / WAM Dubai International (DXB), is lining up extra staff and an exciting array of activities, promotions and entertainment as part of its preparations for the Eid holiday rush. With Eid coinciding with schools across the UAE closing for the summer, Dubai Airports is anticipating heightened traffic during the week with over 1.9 million passengers expected to pass through ...

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