Local News

EPG awards Imdaad AED6mn FM contract

Dubai / Emirates Business Dubai-based company to provide integrated FM services for branches of Emirates Post Group (EPG) throughout the UAE Imdaad, the GCC’s leading integrated facilities management (FM) company, based in Dubai, signed AED6 million deal with EPG. The one-year contract, with the option to extend by another two years, will see Imdaad deliver specialized integrated FM services in EPG’s ...

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Five more global firms join Jafza’s Tumoohi programme

Dubai / WAM Five new global companies have signed up to be part of Jafza’s Tumoohi (my ambition) programme that provides UAE nationals with work experience and employment opportunities. DP World Group Chairman and CEO Sultan Ahmed bin Sulayem signed a series of agreements with Michelin, Danube Group, Transworld Logistics, Conares and Al Dobowi recently bringing the total number of ...

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MENA’s IT spend to hit $11.6bn this year

Dubai / Emirates Business Lieutenant General Dahi Khalfan Tamim, Head of Security for Dubai on Sunday opened the 4th Gulf Information Security Expo and Conference (GISEC) – the Middle East’s largest cybersecurity event – which is running concurrently with the Internet of Things Expo (IoTx) 2017 at Dubai World Trade Centre (DWTC) from May 21-23. The three-day GISEC event has ...

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Dubai Police’s Robocop goes live

Dubai / Emirates Business Dubai Police has welcomed a new member on to its force. He doesn’t need a visa, medical insurance or hours of training, and he is ready to engage with Dubai’s residents and millions of tourists across the city’s streets. The world’s first operational robot policeman, officially joined the line of duty on Sunday, greeting guests at ...

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Ajman Free Zone opens Cyprus office

AJMAN / Emirates Business In line with its global outreach strategy to secure new investments, Ajman Free Zone on Sunday announced that it has opened a representative office in Cyprus and has also entered into an alliance with Freemont Group, a business and corporate consultancy with offices in both Nicosia and the UAE. In a statement, the free zone said ...

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Mubadala commits $15bn to Softbank Vision Fund

Abu dhabi / WAM Mubadala Investment Company, the Abu Dhabi strategic investment fund, confirmed that it has made a US$15 billion commitment to the Softbank Vision Fund, a major technology and innovation focused fund, alongside a consortium of leading investors. The investors are joining forces to create value from the significant wave of technological change and innovation that is transforming ...

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SNOC, SEWA sign gas sales pact for power generation

Sharjah / WAM The Sharjah National Oil Corporation (SNOC), and the Sharjah Electricity and Water Authority (SEWA), have signed a full gas sales agreement, GSA, targeting the supply of natural gas for power generation in the emirate of Sharjah. The agreement was signed by Sheikh Sultan bin Ahmed Al Qasimi, Deputy Chairman of the Sharjah Petroleum Council and President of ...

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VP orders AED33.28mn bonus to 6,657 taxi plate owners in Dubai

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai in his capacity as Ruler of Dubai, ordered the payment of a bonus amounting to AED33.285 million to Emirati citizens whose taxicab number plates are operated by the Dubai Taxi Corporation and Taxi Franchise Companies at the Roads and ...

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Dubai Customs is newest Expo 2020 official sponsor

Dubai / WAM Dubai Customs signed a memorandum of understanding with the Expo 2020 office that aims at developing means of cooperation between the two sides. As per the agreement, Dubai Customs has become the newest official sponsor of Expo 2020 Dubai and will participate in promoting the exhibition’s brands in different publications and media channels. Khalil Saqer bin Gharib, ...

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Khalifa Foundation funds 32 development projects in Lebanon

Beirut / WAM In the spirit of the ‘Year of Giving’ initiative, launched by President His Highness Sheikh Khalifa bin Zayed Al Nahyan, the Khalifa Foundation is financing 32 development projects in a number of remote Lebanese areas hosting scores of Syrian refugees. Ahmed Saeed Sultan Al Shamsi, UAE Ambassador to Lebanon, who was accompanied by Mou’een el-Meherbi, Representative of ...

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