Local News

SCB reaches young artists in Dubai, Ajman and Sharjah

  Sharjah/ Emirates Business As part of its theme ‘A World as Big as Your Imagination’, Sharjah Children Biennial (SCB) is hosting a series of artistic workshops in the emirates of Sharjah, Dubai, and Ajman, outside of its main exhibition space at the Sharjah Art Museum. The workshops are aimed at inspiring children across the Emirates to express themselves through ...

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Dubai Cares wraps up ‘Volunteer Emirates’

  Dubai / Emirates Business Dubai Cares, part of Mohammed bin Rashid Al Maktoum Global Initiatives, has successfully completed the first edition of its Volunteer Emirates 2017 initiative, which took place at Al Manama Private Charity School in Ajman. The popular initiative, which supports the UAE non-profit education sector, saw more than 100 volunteers from across the UAE come together ...

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ADCB opens uBank digital banking centre

  Abu Dhabi / Emirates Business Abu Dhabi Commercial Bank (ADCB), created history and set a new standard for digital banking in the UAE with the opening of its first uBank – ADCB’s digital banking centre. uBank at Yas Mall Level 1, Abu Dhabi, is a first of its kind digital banking centre which delivers a transition from conventional banking ...

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DGCX trades 1.37 million contracts worth $33 billion

  DUBAI / WAM The Dubai Gold and Commodities Exchange (DGCX) traded an aggregate 1.37 million contracts in January, valued at $33 billion. The exchange recorded its highest daily trading volume for 2017 on January 25 with 117,637 contracts, valued at $2.9 billion. The British Pound and Yen futures witnessed a substantial year-on-year growth in volumes, up 87 percent and ...

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UAE first country to criminalise hate speech

  DUBAI / WAM The UAE is the first country to issue a law that criminalises the hate speech and prevent threats to peace and stability as experienced by other Arab and Islamic countries, according to Dr Hanif Hassan Al Qassim, Chairman of the Geneva Centre for Human Rights Advancement and Global Dialogue. He made the statement during a seminar ...

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ICD issues $1 billion sukuk

  DUBAI / WAM Investment Corporation of Dubai (ICD) successfully completed the issuance of a $1 billion 10-year sukuk. The sukuk was well received by regional and international investors and generated orders exceeding $3 billion. The $1billion sukuk will be listed on the Nasdaq Dubai exchange and is the first to be issued from the region in 2017 and the ...

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MoHAP showcases innovative health services at Arab Health

  Dubai / Emirates Business The Ministry of Health and Prevention (MOHAP) announced that the Ministry’s participation this year has had a strong line up of innovative health services launched globally and regionally during its participation at the Arab Health Exhibition & Congress 2017, which was hailed by participants and visitors as a success, revealing the UAE’s excellence and leadership ...

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Fujairah Chamber, Khalifa Fund to prop small projects

  FUJAIRAH / WAM Khalifa Khamis Mattar Al Kaabi, Board Chairman of the Fujairah Chamber of Commerce and Industry, stressed his organisation’s willingness to support and harness potential of small projects that make important contributions to the national economy, as well as to encouraging youth to engage in private business. He made this statement during a meeting with Abdullah Al ...

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ADFD contributes $90mn to Sudan’s power plant

  Abu Dhabi / WAM The Abu Dhabi Fund for Development (ADFD) contributed a US$90 million concessionary loan for the successful completion of a 320 megawatt hydroelectric power plant in eastern Sudan. ADFD officials attended the official opening of the Upper Atbara and Setit Dam Complex plant, which was inaugurated by Sudanese President Omar Hassan Al Bashir. Mohammed Saif Al Suwaidi, ...

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UAE to experience dusty, cloudy weather

  Abu Dhabi / WAM The country’s weather forecaster has said the UAE will experience partially cloudy and dusty conditions on Friday. It will be intermittently cloudy during the day with chances of rainfall in some areas, especially to the north and east, the National Centre of Meteorology and Seismology has predicted. The temperature will fall in most regions, with strong ...

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