Local News

  Abu Dhabi / WAM The Global Manufacturing and Industrialisation Summit (GMIS) announced a strategic partnership with Jebel Ali Free Zone, Jafza, the UAE’s flagship trade and logistics hub, in a move aimed at accelerating economic growth and boosting trade, especially through manufacturing. The decision to name Jafza, a free zone set up in 1985, as a Strategic Partner for ...

  ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX) announced that foreign investors’ purchases in February 2017 reached AED2.306 billion, representing 44.8 percent of total trades, whereas their sales stood at AED2.158 billion, representing 41.9 percent of total trades. In its statement, ADX added, “Subsequently, the net foreign investment in February reached AED148 million, whereas institutional investments in February ...

  ABU DHABI / WAM The Federal National Council (FNC) will hold the ninth and 10th meetings of the Second Ordinary Session of the 16th Legislative Chapter on Tuesday and Wednesday, during which members will discuss the federal draft law on taxation procedures. Under the chair of Dr Amal Abdullah Al Qubaisi, Speaker of the FNC, members will put two questions ...

  Dubai / WAM The Telecommunications Regulatory Authorities (TRA) on Sunday hosted the 1st Forum on Data Management in Dubai. The forum is being hosted in collaboration with the International Telecommunications Union (ITU) under the slogan, “Transforming data into value, expanding the IoT potential with a special focus on smart cities”. The forum welcomed participation from a wide group of experts ...

  Sharjah / WAM The seventh Pink Caravan Ride will be hosting the ‘Pink Regatta’, a boat parade on the turquoise waters of the Arabian Gulf along the shores of The Palm, Dubai, a day-long event for actively involving citizens and residents of Dubai in generating awareness of breast cancer. Several boat owners and sailing enthusiasts have signed up in support ...

  Dubai / WAM The Dubai Investment Development Agency (Dubai FDI), an agency of the Department of Economic Development (DED), along with Dubai Exports, the export promotion agency of DED, will go on a two-week tour of the United States (US), as part of strengthening the emirate’s engagement with major economies to reinvigorate global trade flows and foreign investment. The ...

  DUBAI / WAM The 2nd Arab IPO Summit will focus primarily on how the companies in the region can increase their capital and enhance their financial value through IPOs. Discussions from leading issuers, stock exchanges, investment banks and corporates will highlight key macroeconomic developments and their impact on markets. The Arab IPO Summit, to be held on March 14-15 ...

  SHARJAH / WAM Sheikh Khalid bin Abdullah bin Sultan Al Qasimi, Chairman of the Hamriyah Free Zone Authority, inaugurated the plant of Petroleum Specialities (FZE), a specialised manufacturer of industrial white oils, in the Hamriyah Free Zone. The new plant is the first completely-owned subsidiary of its parent company, Apar Industries Limited, outside India. The opening ceremony was attended ...

  Dubai / WAM Expo 2020 Dubai’s successful apprenticeship programme is being integrated with a corresponding scheme at Jebel Ali Free Zone (Jafza) to give young Emiratis a greater chance of taking a positive first step on the career ladder. The Memorandum of Understanding, MoU, will absorb the tried and tested structure and content of Expo 2020 Dubai’s programme into the ...

  Dubai / WAM The increasingly popular hobby of birdwatching received a major boost in the Arabic-speaking countries with the launch at the Emirates Literature Festival in Dubai of the Arabic version of the standard guidebook, ‘The Birds of the Middle East.’ The English edition, by British-based Richard Porter, the Middle East Adviser to the international conservation organisation BirdLife International, and ...