Local News

ABU DHABI / WAM The Union National Bank (UNB) and InvestBank came in front of the pack in revealing their Q2 financial results, reflecting the UAE banking sector’s unwavering commitment to the rules and regulations of the Securities and Commodities Authority (SCA). A total of AED177.9 million in net profit have been revealed by the InvestBank for the first half ...

ABU DHABI / Emirates Business Etihad Airways is adding year-round flights between its Abu Dhabi hub and both Cairo and Lagos later this year to cater to growing demand to and from the United Arab Emirates. A fifth daily scheduled service will be introduced on the Cairo route, effective 1 October 2017, taking frequency to the Egyptian capital up from ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, visited the Dubai Design District, d3, where he reaffirmed the importance of nurturing talent and innovation, which, he said are “fundamental pillars of sustainable development”. He was accompanied by HH Sheikh Maktoum bin Mohammed bin Rashid Al ...

Ras Al Khaimah / Emirates Business Ras Al Khaimah Tourism Development Authority (RAKTDA), which develops the emirate’s tourism infrastructure and initiates its domestic and overseas promotions, has revealed Ras Al Khaimah is on track to surpass its annual visitor target after the emirate’s hotels reported a 10 per cent year-on-year increase in international guest arrivals during the first six months ...

DUBAI / WAM Within the scope of efforts to enhance the e-presence of the federal government, the UAE mGovernment, the Telecommunications Regulatory Authority (TRA) has, in coordination with the federal government entities, launched a comprehensive plan to activate the e-participation portal, Sharik.ae. The portal currently includes dozens of e-consultations that have been launched by government entities to communicate with the ...

DUBAI / WAM Expo 2020 Dubai’s highly successful BusinessConnect F&B session has marked the first step on the journey to Expo for small and medium sized enterprises, SMEs, in the food and beverage sector. The session, which saw more than 100 SMEs take part, outlined the food and beverage pathway and timeline, including encouraging them to sign up to the ...

DUBAI / Emirates Business Reinforcing its love and loyalty to the UAE, Waiwera Artesian Water – the world’s leading mineral water brand, has announced a landmark decision to gift the new-born Baby Emarat free lifetime supply of water. Baby Emarat was born to Kuwaiti parents on Saturday, July 1, 2017. The couple, decided to name the new-born Emarat to express ...

YEKATERINBURG / WAM UAE Minister of Economy, Sultan bin Saeed Al Mansouri, joined Zayed Bin Rashid Alzayani, Minister of Industry, Commerce and Tourism of the Kingdom of Bahrain, Abdullatif bin Rashid Al Zayani, Secretary-General of the Gulf Cooperation Council, and Abdul Karim Taqi Abdul Karim, General Manager of Public Authority for Industry in Kuwait during a meeting with Russian representatives ...

DUBAI / Emirates Business Dubai SME, the agency of Dubai Economy mandated to develop the small and medium enterprise (SME) sector, has signed a memorandum of understanding (MoU) with Souq.com to launch an e-commerce initiative for SMEs. Under the MoU, the two sides will work together to provide Dubai SME members with integrated e-commerce solutions comprising online product display, e-payment, ...

Al Ain / WAM Community projects worth over AED17 million have been launched for private sector investors and developers in Al Ain City to meet growing population needs for diverse commercial services as part of Abu Dhabi Government’s comprehensive sustainable development strategy. The projects launched by Al Ain City Municipality covers design, construction and operation of a community market project ...