Local News

MBRSC hosts UN-UAE high level space forum

  Dubai / Emirates Business The Mohammed bin Rashid Space Centre (MBRSC) hosted the United Nations/United Arab Emirates high level forum: “Space as a Driver for Socio-Economic Sustainable Development”, which was organized by the United Nations Office for Outer Space Affairs (UNOOSA) in conjunction with the UAE Space Agency. Under UNOOSA’s leadership, the forum delivered concrete recommendations in the form ...

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dubizzle Motors unveils ‘Sell It For Me’ service

Dubai / Emirates Business dubizzle Motors, the UAE’s leading motors marketplace, launches its all-new Sell It For Me service in partnership with Expat Wheels, providing users a streamlined and hassle-free car selling experience. Conceptualised with the busy UAE resident in mind, dubizzle now offers users an end-to-end car selling solution in partnership with Expat Wheels, a 20+ year old car-trade ...

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Red Bull Air Race season kicks off with landmark 75th race

  Abu Dhabi / Emirates Business The first race of the 2017 Red Bull Air Race calendar in February will be a celebration of milestones for the official World Championship: the tenth season of competition, the tenth consecutive opener in Abu Dhabi and the diamond 75th race for the coveted title. As a first-time world champion from Germany begins the ...

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BP awarded 10% stake in ADCO onshore concession

  ABU DHABI / WAM Abu Dhabi National Oil Company (ADNOC) signed on Saturday an agreement with BP, awarding the British oil and gas giant a 10 percent interest in Abu Dhabi’s onshore oil concession operated by ADCO, the Abu Dhabi Company for Onshore Petroleum Operations. As part of BP’s interest in the concession, it will become asset leader for ...

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MoF, DIEDC deal to promote Dubai as Islamic economy hub

  DUBAI / WAM The Ministry of Finance (MoF) signed a Memorandum of Understanding (MoU) with Dubai Islamic Economy Development Centre (DIEDC) to exchange experiences and coordinate on matters related to the strategic plan for ‘Dubai the Capital of Islamic Economy 2017-2021’, aimed at strengthening country’s position and enhancing the Emirate of Dubai as the capital of the Islamic economy. ...

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Humaid Bin Rashid Al Nuaimi Foundation OKs AED27mn budget

  Ajman / WAM The Humaid Bin Rashid Al Nuaimi Foundation’s board of trustees has approved an estimated budget of AED27 million for 2017. Approved at a board meeting chaired by HH Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman, the budget funds the foundation’s charitable and humanitarian projects. Sheikh Ammar directed the board of trustees to launch ...

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UAQ FTZ records huge surge in number of investors

  UMM AL QAIWAIN / WAM From humble beginnings in late 2014, the Umm Al Qaiwain Free Trade Zone (UAQ FTZ) has progressed dramatically in this bustling emirate with investors leapfrogging from a few hundred to over 2,500 licenses till date. Under the patronage of HH Sheikh Saud bin Rashid Al Mu’alla, Supreme Council Member and Ruler of Umm Al ...

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UAE provided AED32.34bn in foreign aid in 2015

  Abu Dhabi / WAM The UAE provided AED32.34 billion (US$8.8 billion) in foreign aid during 2015, according to the Ministry of Foreign Affairs and International Cooperation. In its report titled ‘UAE’s Foreign Aid in 2015’, issued on Saturday, the ministry said that the provision of foreign aid in terms of humanitarian and development support to various friendly countries, is in ...

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ADNOC expands presence in Khalifa City

  Fujairah / WAM ADNOC Distribution has consolidated its service station network in the emirate of Abu Dhabi with the opening of the Khalifa City-South service station – located near Al Forsan International Sports Resort and the Emirates Identity Authority’s headquarters. The inauguration was attended by Abdulla Salem Al Dhaheri, Director, Sales and Marketing Directorate of ADNOC Distribution, Saeed Mubarak Al ...

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MoHRE to handle hiring of domestic workers from 2017

  Dubai / WAM Mandated by the Council of Ministers, the Ministry of Human Resources and Emiratisation (MoHRE) will begin receiving and processing applications for the recruitment and employment of domestic workers in the Emirate of Dubai in the first quarter of 2017, as a first step towards extending its mandate to the rest of the country in the second quarter. ...

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