Local News

  DUBAI / WAM Emirates Airlin announced that its service between Dubai and Dakar, currently operated by an Airbus A340-300, will be replaced with a Boeing 777-300ER from September 2. The change to the larger Boeing 777-300ER aircraft will offer an enhanced onboard experience for Emirates’ Senegalese customers and those travelling to Dakar from across the airline’s network. The aircraft ...

  DUBAI / WAM Mashreq, one of the UAE’s leading banks, announced on Monday that it will begin construction of its new corporate headquarters later this year. The Bank, which has been headquartered out of Deira since it began operations almost 50 years ago, will now be headquartered in Downtown Dubai. Arabian Construction Company (ACC) will construct the new tower, ...

  DUBAI / WAM The Telecommunication Regulatory Authority (TRA) will launch the 2nd TRA Innovation Camp next month aimed at spreading innovation and creativity culture among young students, through a set of activities and targeted events throughout the UAE. The camp, which will receive children from age 6 years to 17, aims to spread the culture of innovation and creativity ...

  Dubai / Emirates Business The Mohammed bin Rashid Space Centre (MBRSC) and the American University of Sharjah (AUS) have announced the completion of the design and building of the communication Nanosatellite, Nayif-1. The satellite has also successfully passed all stages and tests, and is now ready for launch into space aboard SpaceX’s Falcon 9 Rocket. The UAE’s first Nanosatellite ...

  Dubai / WAM The Telecommunication Regulatory Authority (TRA) will launch the 2nd TRA Innovation Camp next month aimed at spreading innovation and creativity culture among young students, through a set of activities and targeted events throughout the UAE. The camp, which will receive children from age 6 years to 17, aims to spread the culture of innovation and creativity especially ...

  Dubai / WAM The UAE government signed an agreement with the World Economic Forum (WEF) to host the next four editions of the Annual Meeting for Shaping the Future. The first of these meetings will be hosted in Dubai on November 13 and 14 , featuring 50 specialized councils and more than 700 experts with the aim of preparing a ...

    Dubai / WAM Sultan Ahmed bin Sulayem, Group Chairman and CEO of global trade enabler DP World, rang the market-opening bell today to celebrate the listing on Nasdaq Dubai of US$1.2 billion dollar Sukuk. The listing by DP World reinforces Dubai’s status as the global leader for Islamic bond listings, with a total nominal value of US$44.56 billion. The ...

  Abu Dhabi / Emirates Business Surveys conducted by the newly-recognized Fellows of the Shamsa bint Mohamed Al Nahyan Fellowship in Early Childhood Development (ECD) offer fascinating insights into the challenges working Emirati parents face in childrearing and their desire for help juggling the work-life dynamic. A recognition ceremony took place at which the 10 Fellows showcased their individual projects ...

  Dubai / Emirates Business The latest Economic Impact Assessment report released by Dubai World Trade Centre (DWTC), revealed that the spend associated with large-scale exhibitions, trade events, conventions and conferences hosted at DWTC in 2015 has contributed AED 12 billion in retained value towards Dubai’s economy, equivalent to 3.1 percent of the emirate’s GDP (Gross Domestic Product). The 2015 ...

  Dubai / Emirates Business The Emirates Institute for Banking and Financial Studies (EIBFS), a regional leader in banking and finance education and training, selected 18 senior and executive Emiratis bank managers to attend a two-week executive development program at Darden School of Business, University of Virginia. Concluding its seventh offering, the Leadership Development Program (LDP) equipped the Gulf region’s ...