Local News

UAE consumer spending to hit US$200bn by 2017

  Dubai / Emirates Business Virtual kiosks, interactive mirrors, and hologram advertisements are among the many ways that GCC retailers are leapfrogging Europe in enhancing the customer experience, industry experts announced. Boosted by strong tourism growth, new and expanded malls and theme parks, and mega-events such as World Expo 2020 and 2022 FIFA World Cup Qatar, GCC retail sales are ...

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ADNOC rolls out ‘Oasis of Surprises’ campaign

  Abu Dhabi / Emirates Business ADNOC Distribution has rolled out a promotional campaign titled ‘Oasis of Surprises’, giving away prizes worth a total of AED1 million to customers of ADNOC Oasis convenience stores and ADNOC Oasis 365 grocery stores. Running from December 3 to February 14, 2017, the campaign marks the opening of the UAE’s 200th ADNOC Oasis convenience ...

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Inverter technology to curb high energy costs of Gulf households

  Dubai / Emirates Business Homes consume large amounts of energy. Each household has a collection of home appliances and digital services. It has been estimated that 60 to 70 percent of residential and commercial energy consumption in the Gulf countries is used for air conditioning. In a bid to make this aspect of human life more efficient and less ...

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Morocco in Abu Dhabi kicks off from Dec 5

  Abu Dhabi / Emirates Business Welcomed by His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the United Arab Emirates, and under the patronage of His Majesty King Mohammed VI of Morocco and supported by His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and ...

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UAE leaders receive greetings from world leaders on National Day

  ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan received congratulatory cables on the occasion of the 45th National Day from presidents, kings and leaders of a number of friendly countries. Also, world presidents, leaders and heads of state congratulated Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid ...

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Mohamed orders distribution of houses, land plots to citizens

  ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has ordered the distribution of 365 houses and 5,463 plots of land to citizens in Abu Dhabi, Al Ain and the Western Region. The move is in implementation of the directives of President ...

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ADIB repays $500 million sukuk

  ABU DHABI / WAM Abu Dhabi Islamic Bank (ADIB) announced that it had repaid in full a US$500 million Islamic bond or sukuk from its own resources, reflecting what it said was its strong liquidity position amid difficult market conditions. The sukuk matured on November 30. The five-year sukuk, which were listed on the London Stock Exchange, were more ...

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Our economy maintained vibrant performance

  Abu Dhabi / WAM The government is confidently progressing to deliver indicators of the National Agenda leading to the UAE Vision 2021 which seeks to develop and improve conditions in areas of justice, security, economy, environment, living standards, housing, education, health and infrastructure, His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the United Arab Emirates, has declared. “The ...

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I want every Emirati to keep this date in his heart and mind, says Sharjah Ruler

Sharjah / WAM HH Dr. Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, said that variables and developments of life require everyone to act responsibly towards himself and his country and to work on developing his skills and abilities, respecting others’ abilities to be able to face the challenges of life. In a speech to Dira’a ...

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