Local News

  Dubai / WAM The 25th Annual Middle East Petroleum & Gas Conference (MPGC 2017) will convene under the theme “The Turbulent Path to an Oil Market Recovery: The Challenge of Reaching a Balanced and Sustainable Price,” providing the framework of opportunities for the oil and gas markets despite the turbulence as well as the new and ongoing strategies for the ...

  Dubai / Emirates Business MAG 5 Property Development (MAG 5 PD), the leading property developer of luxury mid-range developments and pioneering affordable housing initiatives, launched MAG 5; the third phase of its MAG 5 Boulevard community. The launch of MAG 5 comes in response to increasing investor demand for studios and both one and two bedroom apartments at the ...

  ABU DHABI / Emirates Business The UAE won an award for best pavilion at Outbound Travel Mart (OTM) 2017, the latest edition of India’s biggest travel trade show held recently in the city of Mumbai. The pavilion organized under the theme ‘Visit UAE’ scored the highest marks for decoration and design. The UAE delegation to this year’s OTM included representatives ...

  Dubai / Emirates Business For the fifth year in a row, and with consistently-increasing scores, Ducab, the leading cable manufacturing company owned equally by Investment Corporation Dubai (ICD) and Abu Dhabi’s Senaat, has been awarded the Dubai Chamber CSR Label, with a high score of 84 percent in recognition of initiatives and communications around Corporate Social Responsibility (CSR). The ...

  Dubai / Emirates Business Dubai-headquartered hospitality company, TIME Hotels, added a fourth TIME Residence to its expanding UAE portfolio of serviced apartments, by launching the first of two properties in Ajman, Palm 1 TIME Residence. Launching in March 2017, the property will host 16 apartments for long-stay guests, each with state-of-the-art interior features and fittings and a range of ...

    DUBAI / WAM Dubai Electricity and Water Authority (DEWA) announced plans to build 97 new 132/11 kilovolt (kV) substations over the next three years, at a projected cost of AED 10 billion. “This supports the directives of the wise leadership, and shows DEWA’s commitment to meeting growing demand for energy in Dubai,” the authority said, adding that the ...

  DUBAI / WAM France, which gave the world one of the most enduring symbols of World Expos, the Eiffel Tower, has confirmed its commitment to Expo 2020 Dubai, joining a growing number of nations who have publicly announced their participation. According to a press statement from Expo 2020 Dubai, the UAE and France share a history of strong bilateral ...

  ABU DHABI / WAM Abu Dhabi Department of Economic Development (ADDED) has approved a new procedure of inspecting commercial license transactions, starting from the beginning of this year, whereby inspection is postponed until the license is issued, the transaction is completed and all papers and documents are completed. Commenting on the new procedure, Khalifa Al Mansouri, ADDED’s Acting Undersecretary, ...

  ABU DHABI / WAM More than 200 leaders, sustainability professionals and business pioneers will gather next Wednesday in Abu Dhabi to share their insights and expertise to help forge a sustainable future, at the Abu Dhabi Sustainable Business Leadership Forum 2017. The two-day forum organised by the Abu Dhabi Sustainability Group (ADSG), will discuss issues related to sustainability, and ...

  Dubai / WAM His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance, on Sunday opened the 22nd edition of the Gulfood 2017, the food and beverage exhibition, at Dubai World Trade Centre. After the formal inauguration Sheikh Hamdan toured the 1,000,000 sq.ft. show, which is set to run for five days and ...