Local News

  Dubai / Emirates Business The Sustainable City received the Vice President of Uruguay, H.E. Raúl Fernando Sendic Rodríguez recently, the region’s first fully sustainable community hosted a big commercial delegation that included, H.E. Dr. Nelson Yemil Chaben Ambassador of Uruguay to the UAE, Mr. Daniel Fernández, Vice-president ´s Chief of Staff, Mr. Carlos Fagetti, General Director of the Ministry ...

  Dubai / Emirates Business The UAE’s existing and new generation theme parks will attract more than 19 million admissions a year by 2020 if current trends continue, according to data released by Colliers International ahead of Arabian Travel Market 2017. The prediction is made using existing admissions and arrivals data for Yas Island’s Ferrari World and Waterworld and Dubai’s ...

  ABU DHABI / WAM Mubadala Development Company and the HNA Group, a global Fortune 500 company specialising in tourism, logistics and financial services, signed a memorandum of understanding (MoU) to expand investment collaboration between the two sides. Following a series of senior leadership meetings in Abu Dhabi, the companies agreed to explore co-development and co-investment opportunities across a range ...

  Dubai / WAM Dubai Electricity and Water Authority (DEWA) signed a Power Purchase Agreement (PPA) with Abu Dubai Future Energy Company (Masdar), for the 800MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park. The agreement was signed by Dr. Sultan Ahmed Al Jaber, Minister of State and Chairman of Masdar, and Saeed Mohammed Al Tayer, MD & ...

  Abu Dhabi / WAM Over 2,000 Abu Dhabi National Oil Company (ADNOC) Group employees, from across 18 operating companies, walked together, on Monday, from ADNOC’s headquarters to the headquarters of the Abu Dhabi Company for Onshore Petroleum Operations (ADCO), and back, to mark the 45th anniversary of the founding of ADNOC on November 28,1971. Dr Sultan Ahmed Al Jaber, UAE ...

  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 expressed his pride in the nation’s youth in a text message sent to all national and reserve service recruits, and those who had completed the training. He lauded the national spirit, responsibility, commitment, ...

  Dubai / Emirates Business The 8th annual edition of World Islamic Retail Banking Conference (WIRBC) kicked off at The Dusit Thani Hotel in Dubai on Monday with the participation of over 200 delegates attending to hear what more than 40 experts in the field have to say about consumer behaviour, innovations and strategies in the global Islamic banking landscape ...

  Dubai / Emirates Business The Department of Economic Development (DED) in Dubai received the ‘Gold’ accreditation for at the International Conference 2016 of ‘Ideas UK,’ on account of its suggestion scheme and innovation management. The Gold accreditation is granted top ideas that make a demonstrated impact on improving organisational efficiency as measured against more than 80 parameters, including legislative ...

  Dubai / Emirates Business Yoox Net-a-Porter, the world’s leading online luxury fashion retailer, announced a $138 million joint venture with Symphony Investments, an entity controlled by Mohamed Alabbar, to create the Middle East’s undisputed leader for online luxury retail, in a partnership that will draw on the region’s enormous growth potential. The partnership will see Mohamed Alabbar focus his ...

  Dubai / Emirates Business Noor Bank, a leading Shari’a compliant bank in the UAE, announced on Monday that it won the ‘Best Priority Banking – UAE’ award from the ‘Islamic Business & Finance Awards 2016’ hosted by the prominent publisher, CPI Financial. The Islamic Business & Finance Awards recognise the best and most innovative organisations driving the development of ...