Local News

  Dubai / Emirates Business The Emirates College of Management & Information (ECMIT), a leading private higher educational institution based in Dubai, has confirmed its participation in the Oxford Summit of Leaders 2016, the annual event for education, scientific research and business, to be held under the theme ‘Investment in Science and Education: Investing in the Future’ on December 20 ...

  Ras Al Khaimah / Emirates Business According to the Q3 2016 RAK MarketView, RAK’s hospitality market is currently one of the country’s tourism bright spots, as it bucks wider regional trends of declining room revenues, recording year-to-date occupancy growth of 13.6% up to the month of September (STR Global). The Emirate now has well over 5,000 hotel and hotel ...

  ABU DHABI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Their Highnesses the Supreme Council Members, on Wednesday, attended the UAE Commemoration Day ...

  ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan sent a cable to Brazilian President Michel Temer extending condolences over the plane crash which involved the players of the Brazilian Chapecoense football club. In the cable, HH Sheikh Khalifa expressed sincere sympathies to President Temer and the families of the victims. His Highness Sheikh Mohammed ...

  Abu Dhabi / EMIRATES BUSINESS The Masdar Institute of Science and Technology, an independent, research-driven graduate-level university focused on advanced energy and sustainable technologies, on Wednesday announced that a new fault ride through (FRT) transient management system, which can support the electric power grid during grid faults, developed by a team of its researchers has been issued a patent ...

  DUBAI / WAM Obaid bin Humaid Al Tayer, Minister of State for Financial Affairs, has met with Jorg Gasser, Swiss State Secretary for International Financial Matters, to discuss ways to boost mutual cooperation and trade relations. During the meeting, both parties discussed mutual relations in fields of exchange of Information for Tax Purposes, and agreed on the need to ...

  Dubai / EMIRATES BUSINESS RAKBANK announced the arrangement of a five-year US$15 million long term loan facility to Seylan Bank, a financial institution based in Sri Lanka. Seylan Bank has secured the loan for general expansion of its portfolio growth in Foreign Currency Banking Unit (FCBU). The long term funding would also assist in further improving the Asset Liability ...

  DUBAI / WAM Dubai Airports, operator of Dubai International (DXB), the world’s busiest international airport, and Dubai World Central (DWC), was voted as the Travel and Tourism Company of the year at the Arabian Business Achievement Awards in Dubai recently. The awards seek to recognise and reward outstanding corporate leadership across a range of sectors, with nominations being drawn ...

  DUBAI / WAM The Unmanned Aircraft Systems (UAS), Integration in UAE skies conference, hosted by the General Civil Aviation Authority (GCAA), has taken a number of important decisions, including one to host the Joint Authorities for Rulemaking of Unmanned Aircraft system (JARUS), plenary meeting in the UAE in 2018, and hosting the first Drone Air Show in 2018. Other ...

  Umm Al Qaiwain / WAM The sacrifices of the martyrs of the UAE Armed Forces embody loyalty and allegiance to the leadership and the nation founded by the late Sheikh Zayed bin Sultan Al Nahyan, said HH Sheikh Saud bin Rashid Al Mualla, Supreme Council Member and Ruler of Umm al-Qaiwain, at the inauguration of the martyrs’ memorial monument at ...