Local News

  DUBAI / Reuters Abu Dhabi’s stock market plans to introduce covered short-selling in the first quarter of 2017, its chief executive said on Monday, as it seeks to boost liquidity and attract more foreign investors. In covered short-selling, investors borrow shares and sell them in the expectation of repurchasing them later at a lower price. Regulators in the Gulf ...

  DUBAI / Emirates Business Ajman Free Zone (AFZ) signed an investor partnership agreement with Dubai Quality Group (DQG) to activate fruitful cooperation between both parties to foster quality, business excellence, and innovation in the workplace. As a part of their mutual association, this strategic partnership was signed under the framework of both parties’ efforts to develop quality and business ...

  Dubai / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan on Monday received a written invitation from King Abdullah II of Jordan to attend the Arab League Summit, to be hosted by Jordan in late March 2017. The written invitation was delivered to Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid ...

  Abu Dhabi / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Co-operation, on Monday visited the Wahat Al Karama (Oasis of Dignity) memorial, built to honour Emirati heroes who had died for their country. Accompanied by Dr. Anwar bin Mohammed Gargash, Minister of State for Foreign Affairs, Reem bint Ibrahim Al Hashemi, Minister ...

  Umm Al Qaiwain / WAM HH Sheikh Saud bin Rashid Al Mu’alla, Supreme Council Member and Ruler of Umm Al Qaiwain, has hailed the decision of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, for declaring 2017 as the ‘Year of Giving’. The decision, he said, reflected that the UAE was following the path of charity established by its ...

  Dubai / WAM Dubai Municipality is organising the UAE’s first Honey Festival in Hatta Heritage Village from December 29-31. The first of its kind festival will be a platform that brings together people related to honey industries worldwide. Eng. Hussain Nasser Lootah, Director-General of Dubai Municipality, pointed out that the festival aims to raise the level of Municipality services in ...

  Abu Dhabi / WAM A delegation from the UAE Research Programme for Rain Enhancement Science (UAEREP) led by Alya Al Mazroui, Manager of the programme, concluded a series of highly productive meetings with leading global researchers and scientists at the American Geophysical Union’s (AGU) annual Fall meeting held at the Moscone Centre in San Francisco. The recently concluded meeting presented ...

  Dubai / WAM Emirates Green Building Council (EmiratesGBC) and Dubai Supreme Council of Energy (DSCE) have invited key stakeholders of Dubai’s building industry to jointly discuss thoughts and views on future potential policies aiming at doubling the rate of energy efficiency in buildings by 2030. The joint workshop was held to discuss the Building Efficiency Accelerator (BEA), a public-private partnership ...

  Dubai / WAM Effective January 1st, 2017, new fees for the use of frequency spectrum and wireless equipment in the UAE will be introduced, according to the Telecommunications Regulatory Authority (TRA). The new regulation contains a fee for radio services used in land, maritime, terrestrial and satellite, including mobile service, broadcasting, satellite, and services related to emergencies and disaster relief. ...

  Lahij / WAM The Emirates Red Crescent (ERC) on Monday completed the school bags distribution project in the Lahij governorate in Yemen. The programme was part of the authority’s plan to distribute school requirements in Aden, Abyan, Lahij and Dhale governorates and in the light of its humanitarian and relief efforts aimed at alleviating the suffering of the populations and ...