Local News

  DUBAI / WAM Dubai Business Events (DBE) recorded its most successful year to date, winning 129 bids and proposals for upcoming conferences, meetings and incentive trips in partnership with local stakeholders. The number of future business events secured by Dubai Business Events increased by 79% in 2016, compared to 2015, consolidating Dubai’s position as a leading destination for business ...

  Dubai / WAM Dubai International Financial Centre (DIFC) the financial hub of the Middle East, Africa and South Asia (MEASA) region, announced on Tuesday the launch of the region’s first fintech accelerator in Dubai. Set to be operational in the first quarter of 2017, the FinTech Hive at DIFC will introduce cutting-edge financial services technologies to the MEASA markets while ...

  Dubai / WAM Jebel Ali Free Zone (Jafza), a DP World Company, issued a new set of guidelines for the Jebel Ali Free Zone Companies Implementing Regulations 2016 that enable foreign companies to transfer and continue operations in the free zone without the need to open a branch or establish a new company. For the first time, Jafza has brought ...

  Abu Dhabi / WAM The Food and Agriculture Organisation (FAO) of the United Nations lauded the decision of Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, to institutionalise the efforts to fight hunger and food waste by launching the UAE Food Bank initiative. Nabil Gangi, FAO Representative to the UAE and ...

  Abu Dhabi / WAM More than 500,000 fake auto spare parts, with a market value of AED15 million, were confiscated from a store in Al Ain city. The Abu Dhabi Department of Economic Development (ADDED) described it as a major hit against trading in fake and counterfeit items, saying it is the biggest confiscation across the Emirate of Abu Dhabi. ...

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, unveiled the UAE energy strategy for the next three decades. The new energy strategy, announced in the presence of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, aims to increase the contribution of clean ...

  Dubai / WAM In his capacity as Ruler of Dubai, Vice President and Prime Minister of UAE, His Highness Sheikh Mohammed bin Rashid Al Maktoum issued a law forming the ‘Irada’ Rehab and Treatment Centre. The initiative aimed at supporting UAE and Dubai policies for combating and preventing drug addiction, raising awareness of the harmful effects of drug addiction and ...

  Abu Dhabi / WAM HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs and Chairman of Abu Dhabi Judicial Department, issued a decision setting up the tourism prosecution and court in Abu Dhabi. Deemed the first-of-its-kind, the move is part of efforts aimed at promoting the economic competitiveness of the emirate of Abu Dhabi as ...

  Abu Dhabi / Emirates Business Etihad Airways is introducing a third daily flight on the Abu Dhabi – Riyadh route, effective from February 1. The extra services underscore the airline’s commitment to offer guests greater choice and more travel options between the capital cities of the United Arab Emirates and the Kingdom of Saudi Arabia. The new daily late ...

  Abu Dhabi / WAM In a press conference held in Amman, Jordan, on Tuesday, Abu Dhabi Fund for Development (ADFD) announced a AED735 million (US$200 million) UAE grant earmarked for expansionary works at King Hussein Medical City. This latest contribution is in line with the framework of the 2013 UAE government grant contribution of AED4.6 billion (US$1.25 billion) to the ...