Local News

  Ajman / Emirates Business Reiterating their commitment towards providing seamless consumer experiences ranging from state-of-art pipeline and water treatment solutions to facilitating remote interactions with its customers, Ajman Sewerage Private Company Limited (ASPCL) announced strong growth in user-base for its brand new Mobile Application and E-Payment website that was launched mid-October last year. This free application has been made ...

  Dubai / Emirates Business Dubai World Trade Centre (DWTC) won a strategic bid to host nine new international congresses at the venue from 2017 – 2021, adding to its already robust calendar of confirmed events over the coming years. Expected to welcome over 24,000 delegates from around the world, these high-profile events are set to deliver a solid economic ...

  Abu Dhabi / emirates business The Abu Dhabi Systems and Information Centre (ADSIC) announced the winners of its Excellence Award 2016 ‘Tamayuz’ – an internal competition for employees, projects, and teams – in a ceremony held at the Centre’s headquarters. The awards ceremony, which was organized recently, was attended by His Excellency Rashed Lahej Al Mansoori, Director General of ...

  Abu Dhabi / WAM The UAE’s non-oil foreign trade stood at AED1.172 trillion during the first nine months of 2016 (January-September), compared to AED1.170 trillion in the same period in 2015, showing a 0.1 percent growth. Preliminary data of the Federal Customs Authority (FCA) indicated that the share of imports in the UAE’s total non-oil trade amounted to AED721.2 billion, ...

  Dubai / WAM Dubai Chamber of Commerce and Industry (DCCI) honoured top performing SME exporters. The companies were recognised for demonstrating outstanding export performance during the last nine months of 2016 in the following categories: company with the highest export value, company with the highest number of export markets, company with the highest number of Certificates of Origin issued, and ...

  Dubai / WAM Experts from the governance, risk and compliance, GRC, communities across the MENA region will converge in Dubai next week for a dialogue with neighbouring countries that share the same risks, challenges and regulatory outlook, at the 11th Annual MENA Regulatory Summit. Co-hosted by the Dubai Financial Services Authority (DFSA) and Thomson Reuters on February 5-6, the summit ...

  Dubai / WAM Dubai’s low-cost carrier flydubai reported total profits of AED31.6 million ($8.6 million) in 2016 with total revenue reaching AED5 billion ($1.36 billion), jumping 2.4 percent compared to the same period in 2015. The airline also recorded a 14.4 per cent increase in passenger numbers last year, carrying 10.4 million passengers over a 12-month period compared to 9.04 ...

  Abu Dhabi / Emirates Business FGB, one of the leading banks in the UAE and the largest by market capitalisation, achieved a record group net profit of AED 6.03 billion for the full year 2016, compared to AED 6.01 billion in 2015, marking its 17th consecutive year of consistent growth in profitability. Full year 2016 Earnings Per Share amounted ...

  DUBAI / WAM The Dubai Islamic Economy Development Centre (DIEDC) launched its enhanced Islamic Economy Strategy for 2017-2021 under the directives of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, and General Supervisor of the Dubai Capital of Islamic Economy initiative. Making the announcement, Sheikh Hamdan said that ...

  ABU DHABI / WAM The Executive Committee of Abu Dhabi Executive Council approved a number of projects listed in Abu Dhabi Plan, at a total cost of AED304 million. During a meeting held on Tuesday under the chairmanship of Saeed Eid Al Ghafli, the committee approved a project to develop infrastructure for an intelligent transportation system in Al Ain ...