Local News

Dubai / Emirates Business Despite the short-term challenges posed by global macroeconomic factors across the GCC, the region’s tourism and hospitality industry remains on an upward trajectory as govern- ments recognize the potential of the sector in enabling revenue diversification and job creation, and actively invest in its development. Set to be worth $36.7 billion by 2020 according to Euromonitor ...

Dubai / WAM A steppingstone for a unified clearing house in the UAE has been laid by the Abu Dhabi Securities Exchange (ADX), and Dubai Gold and Commodities Exchange (DGCX) to accelerate growth and development of the UAE financial markets and raise the bar in terms of trading and clearing standards. This came through a Memorandum of Understanding (MoU) ADX ...

Dubai / WAM In line with Dubai Tourism’s vision of attracting 20 million visitors per year by 2020, Atlantis, The Palm, has announced a US$100 million refurbishment programme across Atlantis, The Palm, as well as an expansion with the brands second property, The Royal Atlantis Resort and Residencies also located on The Palm. Atlantis, The Palm shares impressive results during ...

Dubai / WAM The Dubai Health Authority (DHA) has completed its preparations to launch the second phase of the unified electronic system ‘Salama’. The second phase, which will be launched in August, includes Dubai Hospital, Dubai Diabetes Centre, the Family Gathering Centre and all Primary Health Care Centres. The Salama project, which was launched under the patronage of HH Sheikh ...

ABU DHABI / WAM The Abu Dhabi Quality and Conformity Council (QCC), has announced the voluntary recall of 2,363 products in 21 categories including toys, electrical appliances, cosmetics, cigarettes and tobacco products. The recall was an outcome of inspection campaigns on controlled products carried out in the first half of 2017 during which QCC inspectors examined a total of 36,291 ...

Dubai / WAM Dubai’s non-oil foreign trade grew 2.7 percent to reach AED327 billion in the first quarter of 2017, compared with the AED318 billion in the same quarter of 2016, according to the data published by Dubai Customs. H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council, praised ...

Abu Dhabi / Emirates Business Under the patronage of HH Sheikh Hamdan bin Zayed Al Nahyan, the Ruler’s Representative in ‘Al Dhafra Region’, HE Staff Major General Pilot Faris Khalaf Khalfan Al Mazrouei, Chief of the General Authority for the Security of Ports, Borders and Free Zones, and Board Member of Abu Dhabi Ports, officially inaugurated Delma Port on Saturday. ...

ABU DHABI / WAM A senior delegation led by Dr Saif Al Seiari, Acting Director-General, Abu Dhabi Water and Electricity Authority (ADWEA) has visited the Barakah Nuclear Energy Plant, to witness the progress of UAE’s peaceful nuclear energy programme. The delegation was hosted by Emirates Nuclear Energy Corporation’s (ENEC) Chief Executive Officer, Mohamed Al Hammadi, and executive management. The visitors ...

ABU DHABI / WAM The Abu Dhabi General Services Company, Musanada, revealed that two packages of the Mafraq-Ghuwaifat Highway project have been completed in an important milestone towards final completion in line with the highest standards. This is expected to remove temporary detours and help in opening of the two packages for operation during July 2017. It is part of ...

Dubai / WAM Dubai Land Department (DLD) announced launch of an awareness campaign for its ‘Dubai Brokers’ application, the first of its kind in the world. ‘Dubai Brokers’ is the most important application issued by DLD for providing accurate and up-to-date information on licensed Dubai real estate brokers and real estate companies that have been approved by the department. Yousef ...