Local News

Endowment is a development tool for developing communities: VP

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, emphasised that endowment is a developmental tool for communities and an effective means for promoting response to various community needs. His Highness said, “What we are doing through endowment will be reflected on all developmental aspects. We want ...

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Cabsat kicks off

  Dubai / WAM Sheikh Hasher bin Maktoum Al Maktoum, Director of Dubai’s Department of Information, opened Cabsat, the Middle East and Africa’s largest broadcast digital media and satellite expo, at Dubai World Trade Centre (DWTC). More than 13,000 media industry professionals are expected to take part in Cabsat 2017, the region’s definitive the definitive event for broadcast, satellite and entertainment ...

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‘Imagine Abu Dhabi’ initiative launched

  Abu Dhabi / WAM The Abu Dhabi Government launched the Imagine Abu Dhabi initiative to welcome all segments of the community to suggest proposals and ideas that can support the emirate’s development. The initiative will allow the community to express its aspirations for the emirate by submitting ideas and proposals over the period of 50 days. It celebrates the Abu ...

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MOE launches app to bolster trade ties with nations across the world

  Abu Dhabi / WAM The Ministry of Economy (MoE) launched an interactive and smart online application to strengthen the UAE’s economic and foreign trade relations with countries across the world. The platform will provide updated information on each country in relation with the UAE alongside its economic indicators, key figures, foreign investment agreements, and joint trade committees. This will also enhance ...

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Energy investments in MENA to hit $1trn

  ABU DHABI / WAM Total energy investments in the Middle East and North Africa could approach the US$1 trillion mark over the course of five years, according to the latest edition of the MENA Energy Investments Outlook published by the Arab Petroleum Investments Corporation (APICORP). This is in spite of uncertainties that have been clouding the regional outlook. While ...

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Aldar to invest AED1.9bn on Yas and Reem projects

  ABU DHABI / Emirates Business Aldar Properties PJSC (“the Company”), Abu Dhabi’s leading listed property development, investment and management company, announced details of its current investment programme. This programme will expand Aldar’s asset management portfolio, driving growth of recurring revenue. The investments announced comprise mid-market residential, hospitality & leisure, and retail assets on Yas Island and Reem Island. They amount ...

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UAE theme park revenue to jump 78% to $837mn

  DUBAI / Emirates Business UAE will play a pivotal role in the global billion dollar theme park and amusement industry as per International Expo Consults, the organisers of the DEAL 2017 show. UAE is set to trigger the theme park revenue growth as it is set to increase by 78 per cent to US$837 million by 2019 as per ...

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India-UAE meet pitches for greater trade, investment relations

  DUBAI / WAM Under the patronage, and in the presence of Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Culture and Knowledge Development, the 2nd Annual All India Management Association (AIMA), India-UAE Conference was held on Monday in Dubai. The event was organised under the theme, “Resetting Globalisation: Collaborating in a Fast Changing World”. Sunil Kant Munjal, President of ...

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CABSAT 2017 to host 900 brands, companies

  Dubai / WAM More than 900 brands and companies are participating in the 23rd edition of the Middle East and Africa’s largest broadcast digital media and satellite expo, CABSAT 2017, which opens on Tuesday at Dubai World Trade Centre (DWTC). In addition to scores of new-to-the-show broadcast and production companies, content studios and distributors, telecommunication companies, cable TV and satellite ...

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‘UAE happiest Arab country’

  Abu Dhabi / WAM The UAE has been ranked the happiest Arab country, and the 21st happiest in the world in the UN Sustainable Development Solutions Network’s World Happiness Report 2017 rankings, based on data from the Gallup World Poll. The report, issued by the Earth Institute at Columbia University to celebrate the International Day of Happiness, finds the UAE ...

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