Local News

Ismail Ali Abdulla is new CEO of Strata

  ABU DHABI / WAM Strata Manufacturing PJSC (Strata), the advanced composite aero-structures manufacturing facility wholly owned by Mubadala Investment Company, on Saturday announced that Ismail Abdulla has been appointed as Chief Executive Officer, effective immediately. Ismail Abdulla served as Deputy CEO, and replaces Badr Al Olama, as CEO of Strata who has been in the role since 2012. Al-Olama ...

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DEWA grants wishes of non-supervisory staff

  DUBAI / WAM Dubai Electricity and Water Authority (DEWA) has organised a campaign to grant the wishes of its staff in non-supervisory positions, as part of its efforts to support the Year of Giving initiative. DEWA granted the wishes of 30 employees in grades 8 and below. Their wishes included laptops, iPhones, appliances, home furniture, shopping vouchers, and gifts for ...

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38 listed UAE firms post AED12.7bn gains in Q1

  ABU DHABI / WAM The net profits booked by 38 UAE companies listed at Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) amounted to AED 12.7 billion during Q1 2017, a growth of 6.7 percent from AED11.9 billion for the same period last year. The gains were termed as ‘‘fair’’ by market analysts who have viewed them ...

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Safe business environment tops UAE economic priorities

  RIYADH / WAM Protection of consumer rights and ensuring a safe and secure business environment come on top of UAE’s economic priorities where specific legal provisions have been introduced and legal entities assigned to ensure consumer confidence, a UAE Ministry of Economy official has stated. “Providing a consumer-friendly environment is a significant economic enabler which reflects positively on the ...

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Yas Marina, ADEC promote innovation in education

  Abu Dhabi / Emirates Business Yas Marina Circuit’s F1 in SchoolsTM learning programme featured prominently at BETT Middle East Conference, under the patronage of Abu Dhabi Education Council. BETT is global meeting place for education technology sector, embracing innovative solutions in order to improve the way students learn. The event at Dusit Thani Abu Dhabi brought together region’s education ...

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‘UAE building a better tomorrow; Dubai the city of the future’

  Dubai / WAM The magazine, Popular Science, one of the world’s oldest science and technology journals, published an article in its May-June 2017 issue highlighting the UAE’s thriving future industry. Underlining Dubai’s pioneering role in developing sustainable energy sources and tapping into other vital resources, the article lauds the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice ...

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Sharjah enters Guinness Book of World Records

  Sharjah / WAM The Emirate of Sharjah broke a record in the Guinness Book of World Records by pouring the largest quantity of concrete in the world at a commercial centre, reaching 20,246 cubic metres, poured within 62 hours. The previous record was registered last year at the quantity of 19,793 cubic metres. This was announced by Thabit Salem Al ...

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ADGM publishes consultation paper for public feedback

  Abu Dhabi / WAM The Registration Authority, RA, of Abu Dhabi Global Market (ADGM), published a new public consultation paper inviting public feedback and comments on a series of amendments to the Data Protection Regulations 2015. The proposed amendments include updates and further clarity on items such as defined terms, the mechanism of designation of jurisdictions with adequate level of ...

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Etisalat launches ‘Smiles’ programme

  Abu Dhabi / Emirates Business Etisalat on Thursday announced its new customer engagement program called ‘Smiles’ giving all subscribers with a wide range of deals and rewards every day. The Smiles programme offers deals and rewards on Etisalat services as well as cinema, shopping, dining, wellness, and travel benefits from hundreds of top brands with thousands of partner outlets ...

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