Local News

  Abu Dhabi / WAM Agthia Group, Abu Dhabi’s food and beverage company, reported on Monday a net profit of AED254.3 million, up 10 percent on the previous year. The net revenues grew 8 percent to AED2.01 billion, led by the group’s flagship water business, the company said. “Despite economic headwinds, Agthia performed strongly in 2016 with our business strategy generating ...

  Dubai/ WAM To improve Dubai’s bilateral trade relations with India and protect the interests of traders who import products from Dubai Emirate, the Department of Economic Development (DED) launched a ‘Buyer Protection Programme.’ Dubai Exports, the depatment’s promotion agency, launched the initiative, designed by the Commercial Compliance and Consumer Protection (CCCP) sector in DED, as a pilot project through its ...

  Beirut / WAM A delegation from Etihad Airways distributed packages containing food, clothes, shoes, cleaning materials and blankets during the past few days to 802 Syrian, Palestinian and Lebanese families in Beirut, Akkar, and Sidon. The donations were made in co-operation with the Relief and Humanitarian Aid Organisation of Lebanon’s Dar Al-Fatwa. These donations are part of the “UAE response ...

  Dubai / Emirates Business Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), launched the Free Electrons programme, a global energy accelerators programme that provides an integrated framework to promote international cooperation and support innovation, to identify solutions to meet future global energy needs. The announcement was made at the Armani hotel in Dubai. ...

  DUBAI / Emirates Business The Mohammed bin Rashid Space Centre (MBRSC) launched the third cycle of the Research Experience for Undergraduates (REU) program, offering Emirati undergraduate students the opportunity to intern at Space Science research centers in the United States, as well as at MBRSC. The program aims to expose undergraduate Emarati students to planetary science research and provide ...

  Sharjah / Emirates Business Children in Sharjah can now enjoy a wider variety of activities organised by Sharjah Ladies Club (SLC), including an outstanding selection of movies, sports, inflatable castles, climbing, a kids’ train, face-painting and drawing and colouring. The range of activities included in the ‘Fun Night’ event is organized by the Sports Complex, which takes place two ...

  DUBAI / Emirates Business Leading strategic procurement company, Tejari has concluded a partnership with Ajman Free Zone (AFZ) to optimize its competitive procurement bidding processes that enable greater transparency for its suppliers. The Ajman Free Zone Authority is the first entity within Ajman Government to establish an agreement with Tejari. The two partners have signed a contract to adopt ...

  Dubai / Emirates Business The Ministry of Health and Prevention (MOHAP) has announced that it recently signed a Memorandum of Understanding (MoU) with Swiss multinational pharmaceutical firm Hoffman-La Roche with specialties in treating tumors, among others. The agreement aims to address the growing number of cancer cases in the UAE and reduce death rates by 25 per cent by ...

  DUBAI / Emirates Business Mashreq, one of the UAE’s leading financial institutions, has been acknowledged with the ‘Service Olympian Award for ‘Most Viral Activities on Social Media’ recognizing the bank’s community engagement efforts on social media channels. Ethos, a Dubai based consulting firm, conducted an in-depth market analysis to study how various brands ranked on their Social Media index. ...

  Dubai / WAM Expo 2020 Dubai will award 47 construction contracts worth AED11 billion (3.0 billion US$) in 2017 as preparations for the first World Expo in the Middle East, Africa and South Asia continue to gather pace. A further 98 non-construction contracts totalling more than AED 360 million (98 million USD) will also be distributed before the end of ...