Local News

  DUBAI / WAM As a key destination hosting regional offices of several international organisations, the UAE is committed to assisting regional and international firms to ensure they have a strong financial position, which will help achieve sustainable growth and implement their missions, HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and the UAE Minister of Finance, ...

  DUBAI / WAM The Roads and Transport Authority (RTA), won the Big Project ME Award in the ‘Sustainable Government Department of the Year’ category, presented by the CPI Media Group for distinguished performance in the field of sustainability and construction. The award was collected by Nasir BuShehab, CEO of Strategy and Corporate Governance and Head of Energy and Green ...

  Dubai / EMIRATES BUSINESS January data signalled the strongest improvement in non-oil private sector business conditions for nearly two years. This was highlighted by the seasonally adjusted Emirates NBD Dubai Economy Tracker Index – a composite indicator designed to give an accurate overview of operating conditions in the non-oil private sector economy registering 57.1 at the start of the ...

  DUBAI / WAM The American University of Ras al-Khaimah (AURAK), and Emirates Integrated Telecommunications Company, du, signed a Memorandum of Understanding (MoU) to further collaborate on 5G and the Internet of Things (IoT) development as part of the UAE 5G Innovation Gate (U5GIG). The U5GIG has been envisioned to be a consortium of industrial and academic organisations within the ...

  Abu Dhabi / Emirates Business HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation and Chairman of the Board of Trustees of the Emirates Diplomatic Academy (EDA) lauded the academy for its significant role in enhancing the UAE’s achievements in supporting diplomacy and international relations. He also stressed the importance of developing co-operation with ...

  Dubai / WAM HRH Princess Haya Bint Al Hussein, wife of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, and their children, HH Sheikha Al Jalila Bint Mohammed Al Maktoum and HH Sheikh Zayed Bin Mohammed Al Maktoum, on Thursday donated 28 million Jordanian Dinars (approx. US$39.5 million) in ...

  Dubai / Emirates Business A number of Arab ministers of finance, governors of central banks, presidents of financial institutions, and senior officials and experts from regional and international financial organisations will attend the second Arab Fiscal Forum, to be held in Dubai on February 12. This year’s forum will be held under the theme “Revenue diversification: outlook and challenges.” ...

  Sharjah / WAM The Sharjah Housing Directorate declared that it presented 38 people housing loans worth AED24.7 million from the Sharjah Ruler’s programme for honouring government employees. The directorate revealed that the previous deductions were returned to 19 beneficiaries from the residential support loans category amounting to AED671,000 from February with retrospective effect. Abdulaziz Shohail, Head of Administrative and Financial ...

  Dubai / WAM The International Chamber of Commerce (ICC) UAE’s Commission on Customs and Trade Facilitation recently held a meeting at Dubai Chamber of Commerce and Industry’s head office, where members discussed plans for the current year and approved the commission’s programme of action for 2017. In a meeting held by the International Chamber of Commerce (ICC) UAE’s Commission on ...

  Abu Dhabi / WAM Masdar, Abu Dhabi’s renewable energy company, announced on Thursday that its second large-scale offshore wind farm in the United Kingdom has started supplying electricity to British homes. Around six thousand households are now receiving power from the Dudgeon Offshore Wind Farm after the project’s first turbine began operating today. Sixty-seven 6-megawatt (MW) turbines will be installed ...