Local News

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received on Tuesday Giorgi Kvirikashvili, Prime Minister of the Republic of Georgia, at Al Bahr Palace, for talks about ways of enhancing co-operation and friendship to serve mutual interests, particularly in economic, investment, trade and ...

Abu Dhabi / WAM HH Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council, today opened the 10th edition of the Cityscape Abu Dhabi at the Abu Dhabi National Exhibition Centre (ADNEC). Held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE ...

DUBAI / WAM Dubai Electricity and Water Authority (DEWA) signed a Memorandum of Understanding, MoU, with SAP, the German multinational software corporation that makes enterprise software, at the Dubai International Government Achievements Exhibition (DIGAE) 2016, held from April 11-13 at the Dubai International Convention and Exhibition Centre under the patronage of Vice President and Prime Minister and Ruler of Dubai ...

DUBAI / Emirates Business The second and final day of the 11th annual World Takaful Conference (WTC) built on Monday’s highly impactful critical discussions on the state and future of the global Takaful industry. Convened by Middle East Global Advisors and in strategic partnership with the Dubai International Financial Centre (DIFC) Authority, WTC is held under the theme “Prudent Practices ...

Dubai / WAM Retailing in the UAE is expected to reach AED 200 billion by 2017, growing by a 5% on average each year, according to an analysis by the Dubai Chamber of Commerce and Industry. Consumer spending is also expected to continue rising in the medium-term, with growth rates projected to stabilize at about 4% on average per year ...

Sunaina Rana / Emirates Business As the Emirates is heading to the new high-tech world with smart cities, smart homes and now new ViP (Vehicle Identification Pass) technology gas stations. The new innovative technology comes with secured electronic chip that will be placed on top of the fuel tank gasket of the vehicle. After the chip is installed and activated, ...

CAIRO / WAM Emirates NBD affirmed its commitment to supporting mega national projects and securing the necessary financing, thus contributing to the Egyptian economy’s development and boosting production in light of the bank’s expansion plan in the Egyptian market. Emirates NBD Egypt signed a EGP2 billion (AED287mn) facility contract with the Egyptian Electricity Holding company during a signing ceremony at ...

Sharjah / Emirates Business Sharjah Commerce and Tourism Development Authority (SCTDA) is participating in the China Outbound Travel and Tourism Market (COTTM) for the third consecutive year. The leading exhibition, now in its 12th year, starts in the Chinese capital Beijing on April 12, and will run until April 14. SCTDA’s presence at COTTM 2016 comes as part of the ...

RITIKA SHARMA / Emirates Business Due to oil price slump, 2016 seems to be a cautious year for most of the industries. However, UAE real estate market looks somewhat unaffected. According to a GCC-centric survey, real estate industry salaries are expected to remain stable in the coming months of 2016. The average monthly salaries for the Middle East real estate ...

Dubai / Emirates Business LBC Express Inc., the Philippines’ leading courier and cargo solutions provider, is planning to further expand to the UAE and across the Gulf Cooperation Council (GCC) region after the opening of its new and bigger warehouse in Dubai. The company has opened an 11,700 square feet warehouse in Al Qouz, Dubai to serve one of the ...