Local News

  Dubai / WAM Italy, in a letter from the country’s Prime Minister Matteo Renzi, has confirmed its participation in Expo 2020 Dubai. The confirmation came after a meeting between HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Expo 2020 Dubai Higher Committee and Chairman of Dubai Airports and Emirates Airline, and Maurizio Martina, Italian Minister for Agricultural, Food ...

DUBAI / Emirates Business DAMAC Properties Dubai Co. PJSC (DFM: DAMAC), a leading developer of high-end property in the Middle East, on Monday announced the financial results for the nine months ending September 30. During the first nine months of 2016, DAMAC recorded revenues of AED 5.12 billion. Gross profit margin stood at 57%. Net profit for the reporting period ...

  Dubai / Emirates Business Smart Dubai Office (SDO), the government entity officially in charge with facilitating Dubai’s smart transformation, has recognized the sponsors and government participants of its pavilion during the 36th GITEX Technology Week 2016. This year’s SDO-hosted 3,800-square-metre pavilion showcased innovative electronic and smart services being provided by 56 government and private entities, as well as other ...

  Dubai / Emirates Business Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum launched an AED1.3 billion Comprehensive Development Plan for Hatta area in the emirate of Dubai on Monday. The plan aims to boost the area’s social and economic attractiveness as a world-class environmental tourist destination. It will cover ...

  Dubai / Emirates Business Dubai is a global leader in using digital initiatives to deliver Smart City projects, the CEO of the world’s leading provider of enterprise application software, shared during his recent UAE visit. “Data is the currency of the 21st century – everything revolves around it. The insights we gather will help us shape a vision for ...

  Abu Dhabi / Emirates Business Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi) is preparing to welcome 600,000 Chinese visitors to the emirate by 2021, tapping into the potential of a major market that promises significant future growth prospects. HE Saif Saeed Ghobash, Director General of TCA Abu Dhabi, explained that China is a major international source market ...

  Dubai / Emirates Business The 2016 editions of Gulfood Manufacturing, the Speciality Food Festival, SEAFEX and the newly-named Yummex Middle East – running at Dubai World Trade Centre (DWTC) until November 9- were inaugurated on Monday by His Excellency Dr Rashid bin Ahmed bin Fahad, UAE Minister of State, accompanied by a number of leading UAE business chiefs and ...

  Abu Dhabi / WAM The largest ever Abu Dhabi International Petroleum Exhibition and Conference (Adipec), opened on Monday, marking the start of four days of high-level industry discussions that will shape policies and strategies for the new energy landscape. The event was inaugurated by HH Sheikh Hamed bin Zayed Al Nahyan, Chief of the Abu Dhabi Crown Prince’s Court. Held ...

  Abu Dhabi / Emirates Business Ducab, UAE-based leading manufacturer of high-quality cables and cabling products, will be showcasing its products for the oil, gas and petrochemical industry at the ADIPEC. The company, owned equally by Abu Dhabi’s Senaat and by Investment Corporation Dubai (ICD) and, has been at the forefront of innovation in delivering technologically advanced products to meet ...

  Dubai / Emirates Business DubaiSat-2, owned and operated by the Mohammed bin Rashid Space Centre (MBRSC), has captured a high definition photos of the Dubai Water Canal full of water. The photos show the new waterway flowing from Dubai Creek down towards the Arabian Gulf. The image also show the various facilities built to run along both banks of ...