Local News

  Dubai / WAM Dubai Government’s Department of Finance (DOF) has officially launched the Government Service Prices Portal. Through this launch, the DOF has introduced the public, government entities and private sector companies, to the tariffs and fines approved by the Dubai government. The portal lists 7,962 price lines accredited by 23 government entities in Dubai distributed into six sectors, in ...

  Abu Dhabi /Emirates Business Saudi Arabian Oil Company (Saudi Aramco) on Sunday signed two separate Memorandums of Understanding (MoUs) with Abu Dhabi National Oil Company (ADNOC) and with Masdar, Abu Dhabi’s renewable energy Company, covering energy and technology collaboration, renewables, and carbon management. Under the terms of the MoU between ADNOC and Saudi Aramco, the two companies will collaborate ...

  Sharjah / Emirates Business One of the well-established names in the local jewellery industry, Salem Al Shueibi Jewellery, secured the coveted Platinum Sponsorship of the region’s most awaited spring edition of the biannual MidEast Watch & Jewellery Show. Billed as the largest and most exclusive showcase of gold and diamond jewellery in the region, the 42nd MidEast Watch & ...

  Abu Dhabi / Emirates Business Peter Baumgartner, Chief Executive Officer of Etihad Airways, and Mohammad Al Bulooki, Executive Vice President Commercial, joined Scott Fancher, Boeing Senior Vice President, at the integrated seawater and agriculture system facility within Masdar City to check on the project’s progress this week. The facility is a world first, demonstrating the use of seawater and ...

  DUBAI / Emirates Business Dubai Culture & Arts Authority (Dubai Culture), the Emirate’s dedicated entity for culture, arts and heritage, has announced that it will be attending Milan Design Week 2017 – the world-leading design industry event that will take place from April 4-9 and stage a wide range of exhibitions under its umbrella, including the acclaimed Salone Internazionale ...

  Dubai / WAM Dubai’s trade performance has shown steady and sustainable growth over the last five years, with non-oil trade volumes in metric tonnes registering a compound growth rate of 6.1% according to figures from Dubai Customs. Despite a challenging macroeconomic environment which impacted global trade, Dubai’s trade volumes grew a healthy 8.2% in 2016, compared to the previous ...

  Abu Dhabi / Emirates Business Etisalat has reduced its roaming rates for voice calls, SMS and data. Starting from April 1, Etisalat’s prepaid and post-paid customers would enjoy discounted roaming rates of up to 35% on data, outgoing voice calls to UAE, GCC and local destinations and outgoing SMS while traveling to any Gulf Cooperation Council countries – Bahrain, ...

  DUBAI / Emirates Business Dubai’s success in maintaining its advanced position among the cities of the world in terms of capital inflow and the number of new FDI projects is a major achievement, said His Excellency Sami Al Qamzi, Director General of Dubai Economy. It reaffirms the investor confidence in Dubai while also underlining its role as a major ...

  ABU DHABI / WAM In a circular distributed to employers, the General Pension and Social Security Authority (GPSSA), called for employers’ compliance with the registration and contribution requirements for their Emirati employees. It stressed that registering UAE employees with the Authority and the payment of their contributions is obligatory under the provisions of Federal Law No. 7 of 1999 ...

  ABU DHABI / Emirates Business Following a record-breaking year for hotel guests in Abu Dhabi, the emirate recorded impressive growth in the first two months of 2017, seeing a 5.5% rise in hotel guests. According to figures from Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi), 749,650 hotel guests have checked into the emirate’s 170 hotels and hotel ...