Local News

  Dubai / Emirates Business A high-profile delegation from Saudi Arabia’s General Authority for Small and Medium Enterprises (SMEs), visited the Dubai Future Accelerators (DFA) program’s headquarters in in Jumeirah Emirates Towers Offices. The Authority was recently established to support and develop small and medium enterprises in Saudi Arabia, and increase their contribution to the economic development of the Kingdom. ...

  Abu Dhabi / WAM Abu Dhabi Polymers Company, Borouge, a joint venture between Abu Dhabi National Oil Company (ADNOC) and Austria-based Borealis, has won the highly-acclaimed Gold category during the 15th cycle of the Sheikh Khalifa Excellence Award, SKEA, in recognition of its outstanding performance and commitment to excellence throughout its operations. In a ceremony held under the patronage of ...

  Dubai / Emirates Business Dubai Customs is gearing up to launch its 22nd edition of Carpet & Art Oasis under the theme ‘A Fabric of Innovation’ at Sheikh Saeed Halls 2 & 3 in Dubai World Trade Center (DWTC), from December 29-January 15, 2017. A unique annual event, which now draws in thousands of tourists and visitors from around ...

  Dubai / Emirates Business Under the sponsorship of Smart Dubai Government Establishment (SDG), Jalal Bin Thaneya, a UAE traveller, has set out to create a new record for the Guinness World Records in support of children with disabilities. The move is a part of SDG’s corporate social responsibility (CSR) in line with its commitment towards the welfare of the ...

  ABU DHABI / WAM The value of shares bought by foreign investors registered at the Abu Dhabi Securities Exchange in November 2016, amounted to AED2.97 billion, constituting 48.3 per cent of the total trading value. Meanwhile, foreign investors sell value during the same period reached AED2.9 billion, constituting 48.5 per cent of total turnover. As a result, net foreign ...

  ABU DHABI / WAM Abu Dhabi Fund for Development (ADFD) received a visiting ministerial delegation from the United Republic of Tanzania at its headquarters. At the meeting, Adel Al Hosani, Director of ADFD’s Operations Department, discussed the fund’s current and upcoming socio-economic deve- lopment ventures in Tanzania with Makame Mbarawa, Tanzanian Minister of Works, Transport and Communication. Both parties ...

  DUBAI / WAM In another remarkable first for Dubai South and the country, the VIP Terminal at Dubai South, the largest purpose-built facility of its kind in the world, has been inaugurated. The terminal is poised to be a game-changer in the business aviation sector, offering VIP customers a seamless travel experience, coupled with time and cost efficiencies within ...

  Dubai / WAM Crown Prince of Dubai and Chairman of Dubai Executive Council, HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, on Monday reviewed the results of the fourth Dubai Social Survey conducted by Dubai’s Community Development Authority (CDA) in collaboration with Dubai Statistics Centre (DSC). The survey, which sampled 15,165 individuals, including 9,709 Emiratis, measures current levels of ...

  Abu Dhabi / WAM From April 2015 to November 2016, the United Arab Emirates provided nearly AED6 billion (US$1.6 billion) in foreign aid to Yemen as part of its efforts to provide development, security, stability and peace in Yemen. The assistance, offered in line with the UAE’s humanitarian and development response towards the crisis in Yemen, covered three sectors, mainly ...

  Dubai / WAM The Ministry of Finance (MoF) in collaboration with the Organisation for Economic Cooperation and Development (OECD) is currently holding a workshop entitled, “Practical Application of Recent Tax Treaty Developments”, from the December 19-21 in Dubai. Monday’s session was attended by a number of international experts and specialists from economic, tax and exchange of information fields, including Indonesia, ...