Dubai / WAM The Department of Economic Development (DED) in Dubai has fined 25 shops in the emirate on a single day for engaging in unauthorised activities and illegal money transactions. The shops were found to have enticed Bangladeshi expatriates with the offer of cheaper money transfers to their home country with the help of an app called ‘Bkash.’ “DED acted ...
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RTA finishes 30 percent work on AED404mn Airport Street project
Dubai /Â WAM Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA) announced the completion of 30 percent of the first contract for the improvement of Airport Street involving the construction of Rashidiya and Casablanca interchanges. The completion rate has reached 25 percent in other contract covering Nad Al Hamar and ...
Read More »Global packaged food market to reach US$2.2trn by 2020
Dubai / Emirates Business The most significant representation of leading F&B brands the MENA region has ever seen will soon be converging in Dubai, as more than 140 major international food and beverage producers come together at the new Power Brands segment at Gulfood 2017. Represented by a contingent of major food industry heavyweights including Unilever, Nestle, Del Monte ...
Read More »Mashreq offers its customers access to ‘Samsung Pay’
Dubai / Emirates Business Mashreq, UAE’s leading financial institution announced on Saturday that it is the first bank in the region to offer its customers early access to Samsung Pay – a best in class and secure mobile payment service that works as a contactless credit or debit card. With the roll-out of Samsung Pay, Mashreq reinforces its position ...
Read More »HBMSU gets int’l award in ‘smart learning’
Dubai / Emirates Business Lieutenant General Dhahi Khalfan Tamim, Deputy Chairman of Police and General Security in Dubai and Chairman of the Board of Governors of Hamdan Bin Mohammed Smart University (HBMSU), has dedicated the University’s recent winning of Wharton-QS Stars Reimagine Education Award 2016 to HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai ...
Read More »Al Montazah to undergo major expansion
Sharjah / Emirates Business The Al Montazah Waterpark, Sharjah’s first-ever family leisure and entertainment destination and a UAE favourite, is preparing to witness large-scale expansion and development. The Sharjah Investment and Development Authority (Shurooq) has recently announced the commencement of the second phase of development, which is expected to introduce world-class facilities upon completion. The expansion plan aims to ...
Read More »Al Noor Island hosts ‘international storytelling festival’
Sharjah / Emirates Business Storytelling, theatre and colour were the theme of the recent performance at the International Storytelling Festival, which is taking place at Al Noor Island, Sharjah’s popular tourist and recreational destination. Titled ‘A Palette of Stories’ the activity hosted, Italian directors Paola Balbi and David Bardy, British storyteller Michael Harvey, Singaporean narrator Kavina Ramachandran and Palestinian ...
Read More »UAE, Finland talk ways to promote cooperation
Abu Dhabi / WAM Dr Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development and Chairman of the Zayed Housing Programme, on Thursday met Kai Mykanen, Finland’s Minister of Foreign Trade and Development, and Riitta Swan, Finnish Ambassador to the UAE, to discuss ways of promoting cooperation between the two countries. The UAE Minister briefed the Finnish officials ...
Read More »Masdar City’s Eco-Villa project completed
Abu Dhabi / Emirates Business Masdar City’s Eco-Villa, a pilot project incorporating water and energy-saving technologies, has been completed and a UAE national family will soon live in the prototype sustainable dwelling, it was announced on Thursday at Abu Dhabi Sustainability Week 2017. The 405 square-metre Eco-Villa is the first villa to achieve a 4 Pearl rating according to ...
Read More »ADNOC-Masdar carbon capture facility key to limit industrial CO2 emissions
Abu Dhabi / WAM Al-Reyadah, the joint venture between the Abu Dhabi National Oil Company (ADNOC) and Masdar, Abu Dhabi’s Future Energy Company, was the focus of attention at the World Future Summit (WFES). Discussing the increasingly important role of Carbon Capture and Storage (CCS) in mitigating greenhouse gas emissions, the forum was told that CCS operations like Al-Reyadah ...
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