Local News

Abu Dhabi / WAM Abu Dhabi Securities Exchange (ADX), granted SHUAA Capital International Ltd. a subsidiary of SHUAA Capital a licence to serve as Market Maker on the Exchange. The number of registered Market Makers on ADX has now reached three, including National Bank of Abu Dhabi and Al-Ramz Capital. The announcement was made during an event in ADX, organised ...

AJMAN / WAM Ajman Free Zone (AFZ) inaugurated the “Grand Offices” building on Tuesday morning, on Sheikh Khalifa bin Zayed Street, close to all the city’s necessary facilities to fulfil the business needs of investors. During the inauguration, Mahmoud Khalil Al Hashemi, Director-General of Ajman Free Zone, stressed that new office space location was in response to the growing demand ...

ABU DHABI / WAM A total of AED 18.4 billion of Q1 profits were reported by 92 companies listed at Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) a growth of 13 percent from AED16.2 billion in the same period last year. Fifty five companies listed at ADX posted Q1 profits of AED10.7 billion, a growth of 27.3 ...

Abu Dhabi / Emirates Business At a ceremony held in Abu Dhabi by the Chartered Institute of Procurement and Supply Awards, Abu Dhabi Airports’ Procurement and Logistics Department has won three prestigious awards: Best Supplier Relationship Management; Most Innovative Use of Technology; and Acting Chief Support Officer, Saeed Al Zaabi was named ‘CIPS Procurement and Supply Professional of the Year.’ ...

Abu Dhabi / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, Supreme Chairwoman of the Family Development Foundation and President of the Supreme Council for Motherhood and Childhood ‘Mother of the UAE’ was chosen as the Person of the Year 2017 by the Khalifa International Award For Date Palm And Agricultural Innovation. This was announced during ...

Abu Dhabi / WAM The UAE was nominated as a member of the council of the International Maritime Organisation (IMO), which will be elected during the organisation’s 30th general assembly held from November 24 to December 5, Dr Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development, and Chairman of Federal Transport Authority – Land and Maritime, announced on ...

Dubai / WAM Emirates SkyCargo’s customers can have temperature sensitive products shipped using SkyCell’s temperature controlled containers, which are designed to maintain products at +2 C to +8 C and +15 C to +25 C safely, even under extreme outside temperatures, such as –35 C to +65 C, for several days. Pharma customers can also choose to have their temperature ...

Dubai / WAM In line with the UAE declaring 2017 as #Year of Giving, Dubai SME, a Dubai Economy agency, and International House for Real Estate Project Management (IHRPM), a property developer and real estate management company, is launching the ‘Unleash Your Inner Entrepreneur’ competition for promising entrepreneurs. The competition will give aspiring small businesses and entrepreneurs across the GCC, ...

Dubai / Emirates Business Dubai continues to be the key driver in the region’s trade in fragrances and cosmetics, even as the Middle East grows in prominence as an important global destination for beauty and wellness products. This was borne out by the latest trade figures released by Dubai Customs, at the ongoing Beautyworld Middle East 2017 – the leading ...

Abu Dhabi / WAM Dr Anwar bin Mohammed Gargash, Minister of State for Foreign Affairs and Chairman of the National Committee to Combat Human Trafficking, reiterated the UAE’s commitment to promote and protect human rights and to continue combatting human trafficking. This was said during a press conference this afternoon held at the Ministry of Foreign Affairs and International Cooperation ...