Local News

Dubai / WAM Emirates Post Group has enhanced its Promotional Stamps Service, which targets public and private institutions to celebrate their special occasion and milestone achievements by creating postage stamps. The service enables government and private institutions to mark their historic occasions by issuing special stamps, designed in association with Emirates Post Group. Abdullah Mohammad Al Ashram, Acting CEO of ...

AJAMN / WAM Developing an innovation-based mechanism to everyday challenges was the core and crux of a workshop organised by the Ministry of Interior’s Innovation Bureau in the presence of a number of the ministry’s experts and strategic partners. The workshop, held in line with the directives of the HH Lt General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime ...

ABU DHABI / WAM The Department of Economic Development (DED), Abu Dhabi, has announced the enforcement of amendments made to its Table of Fines in line with the Abu Dhabi Executive Council Resolution No. 47 for 2017 on the violations relating to businesses or establishments licensed for economic activities as per Article 6 of Law No 2 of 2009. The ...

DUBAI / WAM Dubai Culture and Arts Authority, Dubai Culture, the emirate’s dedicated entity for culture, arts and heritage, has launched the second edition of its reading corner at Modhesh World, Dubai’s ultimate indoor fun destination for families and children. Following the success of last year’s reading corner, the new edition features an expanded range of educational and entertainment activities ...

Abu Dhabi / Emirates Business The Masdar Institute of Science and Technology announced the development of a high-performance solar absorber that could make solar thermal technologies significantly more efficient. Masdar Institute is part of the Khalifa University of Science and Technology. The solar absorber, developed with the Massachusetts Institute of Technology (MIT), features an ultrathin nanocomposite film made of silver ...

FUJAIRAH / WAM National Bank of Fujairah (NBF) announced its results for the six month period ended June 30, 2017. It shows a net profit of AED154.9 million in second quarter of 2017, Q2, a rise of 24.4 percent over the corresponding quarter of 2016. On the back of a strong Q2 2017 performance, NBF reported a net profit of ...

ABU DHABI / WAM Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, announced that savings from implementing employee suggestions have reached AED 17 million since the start of the year, with employees making over 18,000 suggestions for operational and technical improvements since the year began. EGA’s employee suggestion scheme is a foundation ...

DUBAI / Emirates Business Dubai Police signed a Memorandum of Understanding (MoU) with the Rochester Institute of Technology, Dubai campus (RIT-Dubai), a leading American University based in Dubai Silicon Oasis (DSO). The agreement opens doors for collaboration between the two parties towards boosting the knowledge, skills, and expertise of police officers serving the emirate of Dubai. Dr Juma Al Matrooshi, ...

Dubai / WAM An agreement was signed between global trade enabler DP World and Indonesian government and port officials to advise on the development of the Kuala Tanjung greenfield port and logistics zone and Belawan port in North Sumatra. As part of a Technical Assistance Contract, DP World will share its expertise and experience in increasing efficiencies, training and development ...

Abu Dhabi / WAM ADCorp announced on Monday the launch of its operations in Abu Dhabi Global Market, making it the first Islamic financial institution located in ADGM. Making the announcement, Jassim Alseddiqi, Executive Chairman of ADCorp, said, “We are pleased with the launch of operations at ADCorp after having received the relevant regulatory approvals. We have a strong team ...