Local News

  Dubai / Emirates Business The region’s luxury sector is continuing to demonstrate resilience in spite of economic challenges, driven by investor recognition of many opportunities the current market landscape presents, UAE industry experts said. Record-low oil prices have had a ripple effect on global economies, however with growing private wealth in the GCC – reaching a cumulative USD 2.2 ...

  RITIKA SHARMA / Emirates Business There is a dire need of educating and motivating people to make sure they keep their safety as prime concern while driving, UAE experts emphasise. On the same lines, various technology and automobile companies in UAE are trying out innovative ideas like discounts on their rides for encouraging people to abide by the traffic ...

  DUBAI / WAM Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, said that the UAE has adopted innovation as an institutional approach and a culture of the society that aims at developing its human factor as well government institutions, as part of its drive to build a sustainable ...

  SHARJAH / WAM Air Arabia on Monday reported a net profit of AED114 million for the three months ending March 31, 2016, which is 34 percent higher than the corresponding 2015 figure of AED85 million. In the same period, the airline posted a turnover of AED946 million, an increase of 7 percent on AED886 million in the first quarter ...

  DUBAI / WAM The Emirates Central Cooling Systems Corporation, EMPOWER, on Monday said that its district cooling transmission pipeline has crossed the 223 kilometres mark in Dubai. The company has attributed this expansion to its aggressive strategy to expand its operations across the Emirate. Speaking on the occasion, Ahmad Bin Shafar, Chief Executive Officer of Empower, said, “Empower was ...

  Dubai / Emirates Business In a significant development that boosts the efforts of Dubai Islamic Economy Development Centre (DIEDC) to articulate Dubai’s ambition of emerging as a global capital of Islamic economy, representatives of 10 countries recently signed a memorandum of understanding (MoU) in Dubai for the establishment of the International Halal Accreditation Forum (IHAF) to be based in ...

  Dubai / WAM Dubai Land Department (DLD) has announced that it is the main sponsor with the Dubai Property Show, a major UK real estate exhibition, which is taking place in London for the second year from May 13-16. Organised in conjunction with DLD’s Investment Management and Promotion Centre, the three-day event is recognizing the importance of London, and DLD’s ...

  Dubai / Emirates Business According to the recent Bayt.com “Skills Gap in the Middle East and North Africa” survey, conducted by Bayt.com – the Middle East’s leading job site – and YouGov – a research and consulting agency – among the 352 UAE employers surveyed, respondents are experiencing difficulty filling open positions as they struggle to find employees with ...

  DUBAI / WAM The Dubai Health Authority (DHA) signed eight Memoranda of Understanding (MoUs) on Monday, aimed at strengthening its partnerships with the private sector and Rashid Hospital, ultimately providing quality health services to public. The MoUs aim to provide quality health services to the public by adopting the latest technology and medical techniques. The memoranda were signed by ...

  ABU DHABI / WAM The Federal Authority for Nuclear Regulation (FANR) held a workshop on Monday to review progress towards establishing a present-day measurement of environmental radiation in the UAE. The 6th UAE National Workshop on “Baseline Environmental Radiation Mapping in the UAE”, was held at Zayed University in Abu Dhabi and was attended by representatives of the UAE ...