Local News

  Sharjah/ Emirates Business In line with the declaration of 2017 as the Year of Giving by President His Highness Sheikh Khalifa bin Zayed Al Nahyan, The Sharjah Media Corporation (SMC) is presenting a series of television programmes that is dedicated to supporting humanitarian issues locally and globally. “Alam Wa Amal” (Pain and Hope), fosters a culture of community involvement ...

  Abu Dhabi / Emirates Business Miral’s subsidiary Farah Experiences announced its Ambassador Program, a training and recruiting program focused on preparing Emirati talent in the travel and tourism sector. The program supports Miral’s ambition to contribute 2,500 jobs to the Abu Dhabi tourism industry by 2018; 1,000 of which will be part of the Warner Bros. World Abu Dhabi ...

  Dubai / Emirates Business The recently announced Cityland Mall project strengthened its credentials as the world’s first ‘nature-inspired’ shopping destination by revealing details of Central Park which is its prime attraction. The 200,000 sq. ft. open-air garden will form the core of the mall – in terms of both architecture and its anchoring role in providing a unique sensory ...

  Dubai / WAM Stefan Schweinfest, Director of the United Nations Statistics Division (UNSD) at the Department of Economic and Social Affairs, DESA, lauded the readiness of the UAE and its ability to host major international events. UNSD and DESA are responsible for the agenda of the World Data Forum, which the UAE will be hosting 2018. On the sidelines of ...

  DUBAI / WAM Dubai Financial Market (DFM) announced that the value of shares bought by foreign investors, or non-UAE nationals, this week reached about AED2.45 billion, while value of stocks they sold stood at AED2.43 billion, with net foreign investment on the market reaching AED19 million during the period, as aggregate buy. Value of shares bought by foreigner investors ...

  Dubai / Emirates Business As part of the declaration of 2017 as the ‘Year of Giving’ by UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan, the Ministry of Finance (MoF), in collaboration with Emirates Red Crescent, organised a donation campaign to aid and support the people of Aleppo at its premises in Abu Dhabi and Dubai.The donation ...

  Dubai / WAM National Bonds Corporation (National Bonds), the leading sharia-compliant savings and investment company in the UAE, has announced that it registered a 50 percent increase in the number of female regular savers in 2016 in comparison with 2015. In addition, the cumulative savings within the company’s various programs grew by 43 percent last year. Currently, National Bonds ...

  Dubai / Emirates Business As the UAE gears up for a boom in the In-Vitro Diagnostics (IVD) market, expected to reach US$380 million by the end of 2020, the medical community has turned its focus towards exciting new products and technologies to keep up with the demand for new diagnostic capabilities that can have a real impact on improving ...

  Sharjah / WAM His Highness Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, issued an administrative resolution No. 2 of 2017, pertaining to preparing Sharjah to join the Global Network for Age-Friendly Cities and Communities. The administrative resolution states the importance of environment in determining healthy ageing and encouraging the creation of age-friendly environments. ...

  Dubai / Emirates Business Dubai Land Department (DLD) announced in its latest report that the total value of real estate brokers’ commissions for 2016 totaled over AED 1.5 billion from 32,932 transactions, while Dubai’s real estate market also attracted 5,933 active brokers and 2,285 registered brokerage offices. The AED 1.5 billion figure describes the amount of commission earned by ...