Local News

MENA Effie Awards all set to take place in Dubai today

  Dubai / Emirates Business The eighth edition of the MENA Effie Awards (Effies) is set to take place on November 9, in the opulent settings of the Pavilion, Armani Hotel Dubai. More than 1,500 people, including many of the best marketers in the Middle East, are anticipated to attend this year’s ceremony, which honours the greatest and most effective ...

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Solar Park achieves clean development mechanism registration from UN

  Dubai / Emirates Business DEWA’s 200MW Photovoltaic Plant Project Activity successfully achieved the Clean Development Mechanism (CDM) registration under UNFCCC with an initial crediting period of seven years. The Mohammed bin Rashid Al Maktoum Solar Park is the largest single-site project of its kind in the world. It will generate 1,000MW by 2020, and 5,000MW by 2030, with total ...

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Ministry of Economy, HKTDC deal to boost trade, investment

  ABU DHABI / WAM The Ministry of Economy signed on Monday a memorandum of understanding (MoU) with the Hong Kong Trade Development Council (HKTDC) to promote trade, investment, innovation and enhancement of business environment. The deal was signed by Abdullah Al Saleh, Under-Secretary of the Ministry for Trade Affairs and Industry, and Margaret Fong, Executive Director of HKTDC. The ...

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MOHRE app’s new services

  ABU DHABI / WAM A range of new services have been added to the Ministry of Human Resources and Emiratisation (MOHRE) smartphone application, as developed by the Ministry to meet customer demands. Mohammed bin Saqer Al Nuaimi, Acting Assistant Under-Secretary for Support Services at the Ministry, said, “What’s new is the addition of the services including bank guarantee retrieval, ...

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Guggenheim Abu Dhabi collection exhibition to begin from March 8

  ABU DHABI / WAM Abu Dhabi Tourism and Culture Authority (TCA Abu Dhabi) announced on Monday the second exhibition of the Guggenheim Abu Dhabi collection, “The Creative Act: Performance – Process – Presence”, at Manarat Al Saadiyat on Saadiyat Island. The exhibition, which will run from March 8, 2017, will bring together artists of different nationalities and generations who ...

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Executive-legislative ties key to sustainable development

  ABU DHABI / WAM Noura bint Mohammad Al Kaabi, Minister of State for Federal National Council Affairs, reiterated the importance of maintaining the relationship between executive and legislative authorities to achieve sustainable development in the UAE. “This collaborative relationship adheres to the directives of the UAE’s wise leaders.This is most evident in the close attention that the Council pays ...

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DFM pact to streamline ‘IPO payment’

  DUBAI / WAM A Memorandum of Understanding (MoU) has been signed with the Government of Dubai’s Department of Finance (DoF) and Dubai Islamic Bank (DIB), to streamline payments of initial public offering (IPO) subscriptions, the Dubai Financial Market (DFM) announced on Monday. According to the MoU, DIB has become the first bank to enable investors who participate in IPOs ...

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Efficiency, synergies to drive energy firms’ future growth

  ABU DHABI / WAM In an era of unpredictable oil prices, producers who focus on efficiency, value creation, commerciality and excellence will be successful, said Dr Sultan Ahmed Al Jaber, the UAE Minister of State and CEO of the Abu Dhabi National Oil Company (ADNOC) in his keynote speech at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) ...

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Mohamed and Prince Charles witness inauguration of UK-UAE Year of Culture

  Al Ain / WAM The UK-UAE Year of Culture 2017 was inaugurated in a star-studded ceremony at the historic Jahili Fort in the UAE’s inland oasis-city of Al Ain on Monday evening in the presence of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince and Deputy Supreme Commander of the UAE Armed Forces, His Royal Highness Prince Charles, ...

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Emirates NBD launches multi-currency cash card

  DUBAI / Emirates Business Emirates NBD, a leading bank in the region, launched the Emirates NBD GlobalCash card, a multi-currency travel card in partnership with Mastercard, a leading technology company in the global payments industry, making it the first UAE bank to offer this service to its customers. Powered by Mastercard Prepaid Management Services, the Emirates NBD GlobalCash card ...

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