Local News

ABU DHABI / WAM The Abu Dhabi Business Center (ADBC) has announced the completion of e-linkages with each of the General Authority of Civil Aviation (GACA) and the Abu Dhabi Ports, bringing to 36 the number of local and federal departments covered by the e-linkage project. Now the project accounts for 97 percent of total business licensing transactions in the ...

DUBAI / WAM Expo 2020 Dubai is teaming up with leading global professional services company Accenture to create a powerful and engaging digital experience for millions of visitors from around the world, from information security and customer relations to virtual assistance and geolocation services. As the newly appointed Digital Services Premier Partner and Systems Integrator, Accenture will play a key ...

ABU DHABI / WAM Abu Dhabi Tourism and Culture Authority (TCA Abu Dhabi) embarked on a three-city roadshow to the United States to help create more awareness about the emirate and encourage more US visitors to experience the destination. The delegation, led by the authority, was in New York, Chicago and Los Angeles, and hosted meetings with major travel agents ...

DUBAI / Emirates Business JCDecaux SA (Euronext Paris: DEC), top outdoor adverti- sing company worldwide, announced that it has won with its Emirati partner, DXB Media Advertising, a new street furniture contract in Dubai (population 2.7 million) for 10 years, following a competitive tender by RTA (Roads and Transport Authority). This contract will be exercised jointly by an entity that ...

ABU DHABI / WAM Surplus reserves at UAE banks and other financial institutions surged to AED42.8 billion by the end of June, a growth of 77.6 percent, or AED18.7 billion, from AED24.1 billion in the first month of the year 2017, according to UAE Central Bank statistics. The figures reflect the resilience of the UAE banks’ solvency position, not only ...

ABU DHABI / WAM NPCC, a member company of SENAAT – Abu Dhabi, one of the UAE’s largest industrial investment holding companies, is ranked 5th in the annual list of Top 30 Engineering, Procurement and Construction (EPC), Companies in the Energy sector in the Middle East and North Africa region, as compiled by Oil & Gas Middle East magazine. The ...

DUBAI / Reuters State-owned energy giant Abu Dhabi National Oil Co (ADNOC) is in talks with regional and international banks to obtain a syndicated loan worth several billion US dollars, banking sources familiar with the discussions said on Monday. The loan will be ‘huge’, two bankers said; a third said it was expected to be in a range of $4 ...

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has received a delegation from the UAE Space Agency, which was accompanied by representatives of the space sector in the UAE. The delegation presented a demonstration on the most important accomplishments in UAE space ...

Dubai / Emirates Business Statistics announced by Smart Dubai revealed that its DubaiPay portal for payment online and via smartphones registered a 15 percent increase in the amounts collected between June 1, 2016 and June 1, 2017, and a surge of 13 percent in number of transactions carried out over the same period. On the other hand, the number of ...

DUBAI / WAM Dubai-based airline flydubai, on Monday, announced the addition of three destinations to its Russian network, bringing its presence in the country to ten points. This autumn, the airline will launch flights to Makhachkala and Voronezh, and resume services to Ufa. Flights from Dubai to Makhachkala and Voronezh will operate twice a week, from October 31 and October ...