Local News

  Abu Dhabi / WAM The Ministry of Foreign Affairs and International Cooperation announced that as of Monday, May 1, entry visas will be granted to Indians holding standard passports with United States, US, visas or are US green card holders, upon their arrival at UAE ports. Ahmed Al Dhaheri, Assistant Under-Secretary for Consular Affairs at the Ministry, explained that these ...

  Dubai / WAM dnata has been named Ground Handler of the Year at the 2017 Air Cargo News awards for the fourth consecutive year. The award winners are determined by a mix of direct voting by more than 18,000 supply chain professionals and company submissions. “Our ground handling teams around the world work tirelessly to ensure our customers receive the ...

  Dubai / WAM The Dubai Chamber of Commerce and Industry (DCCI), announced plans to open a new representative office in Buenos Aires, Argentina, which will become the chamber’s second office in Latin America. The announcement came during a meeting between Argentina’s Vice President, Gabriela Michetti, and a high-level delegation from Dubai. The delegation visited the country as part of ...

  Abu Dhabi / Emirates Business Etihad Airways said it was disappointed that despite its significant investments in Alitalia, the Italian airline had on Tuesday entered extraordinary administration. James Hogan, President and Chief Executive Officer (CEO) of Etihad Aviation Group, said: “We have done all we could to support Alitalia, as a minority shareholder, but it is clear this business ...

  Dubai / WAM Lt. General Dahi Khalfan Tamim, Deputy Chairman of Police and General Security in Dubai, the Honorary Chairman of the Protection of Maritime Environment Society launched the first phase of the fish production enhancement programme in the presence of Sultan bin Sulayem, DP World Group Chairman, CEO and Chairman of Ports, Customs and Free Zone Corporation. Seven ...

  ABU DHABI / WAM The statistics by the UAE Central Bank affirmed improved operating efficiency, with public sector deposits up by AED23.8 billion at the end of Q1 2017, while the private sector deposits stood at AED17.6 billion over the same period, bringing to AED41.4 billion ($11.27bn) the two sectors’ total deposits. Credits offered to the trade and industrial ...

  Dubai / Agencies The estimated value of the building and construction industry in the Middle East and North Africa (MENA) region is expected to surge to US$336 billion by the year 2020, according to recent business reports. Thermal insulation technologies provide efficient solutions conducive to increasing the value of the industry in MENA from $235 billion in 2016 to ...

  ABU DHABI / AGENCIES First Abu Dhabi Bank is “seriously studying” expanding into Saudi Arabia, either through acquisitions or a new license, its chief executive officer told Al Khaleej newspaper. All opportunities for local and foreign acquisitions are open to the bank, Abdulhamid Saeed, said in an interview with the Arabic daily. First Abu Dhabi Bank was created with ...

  SHARJAH / WAM Sharjah Investment and Development Authority (Shurooq) has released details of the key themes of the Euromoney Emirates Conference to be held on May 8-9 at the Sheraton Sharjah Hotel, under the theme ‘Finance and Investment for an Innovative Economy’. Held under the patronage of Sheikh Sultan bin Mohamad bin Sultan Al Qasimi, Crown Prince and Deputy ...

Dubai / WAM Dubai International Financial Centre (DIFC) signed a Memorandum of Understanding with Dubai Economy to allow companies operating within DIFC to obtain licenses to operate in mainland Dubai. Essa Kazim, Governor of DIFC, and Sami Al Qamzi, Director-General of Dubai Economy, signed the Memorandum of Understanding, which aims to increases levels of governance, compliance and transparency for businesses ...