Local News

  Abu Dhabi / WAM The Department of Municipal Affairs and Transport (Abu Dhabi City Municipality) is planning to undertake during the third quarter of this year construction works in upgrading rainwater drainage works at a cost exceeding AED 39 million. The project is set for completion two years after the start date. The project epitomises the keenness of the Department ...

  Dubai / Emirates Business Institute of Management Accountants announces Imdaad as this year’s recipient of the “IMA ME Finance Team of the Year Award.” Through this award, IMA identifies and honours the contribution of finance teams in the overall success of their organizations based on the foundations of outstanding performance, management accounting excellence, business partnering and innovation. The recognition ...

  Dubai / Emirates Business Dubai Customs enhanced its outreach to the global business community with a senior delegation visit to Huawei headquarters in Shenzhen, China. To learn first-hand about Huawei’s best practices in areas related to supply chain and customs compliance was the main objective of the visit. The delegation’s mission to Huawei was geared to promote coordination and ...

  Abu Dhabi / Emirates Business Under the patronage of His Highness Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai International Marine Club (DIMC), the Department of Economic Development (DED) announced the opening of the ‘Sirage Exhibition,’ a Ramadan charity bazaar, being held June 16-21 at the Dubai Festival City Mall. The exhibition features over 50 ...

  Abu Dhabi / Emirates Business Abu Dhabi National Insurance Company (ADNIC), one of the region’s leading multi-line insurance providers for individuals and corporates, announced its support to Al Bayt Mitwahid Association for the third consecutive year. Al Bayt Mitwahid, which was launched by the employees of the Abu Dhabi Crown Prince Court in 2012, has since become the foremost ...

  ALKESH SHARMA / Emirates Business Digital transformation is the crucial key to success of businesses in the Middle East. However, the journey towards digitalisation also calls for state-of-the-art and ultra-secure systems, which can prevent cyber-attacks. According to the experts, with corporates hunting for maintainable diversity and innovative resources of growth through cutting-edge digital strategies, enterprises in this region are ...

  Sharjah / Emirates Business ‘Maktaba,’ an imprint of Kalimat Group, and the UAE Board on Books for Young people (UAEBBY) recently organised an Iftar and reading session for children from the Social Child Care Centre. Arranged in line with the holy month of Ramadan, the event provided literary entertainment for the youngsters and sought to instill within them hope ...

  Sunaina Rana / Emirates Business The luxury sector in the Middle East continues to grow undeterred by any economic hurdles. It has been ranked among the top 10 luxury markets globally, with a spending of around AED34 billion in 2015. The overall industry — as tracked by Bain & Company — comprises 10 segments, led by luxury cars, luxury ...

  RITIKA SHARMA / Emirates Business Generating a total of $653 million per year, the Meetings, Incentives, Conferences and Exhibitions (MICE) industry in the Emirates is expected to witness an annual growth rate of over 7 percent yearly till 2020. The MICE industry, which is considered the backbone of many economies globally, has emerged as one of the key growth ...

  Abu Dhabi / Emirates Business The Masdar Institute of Science and Technology and Lomonosov Moscow State University (MSU) have announced they have signed an international scientific and technological cooperation agreement to collaborate on conducting educational activities, research and innovation. The agreement was signed on the sidelines of the 20th St. Petersburg International Economic Forum (SPIEF 2016) by Mohamed Jameel ...