Local News

Int’l real estate & investment show begins today

  Abu Dhabi / Emirates Business The eighth edition of the International Real Estate & Investment Show (IREIS 2016), the only real estate event in Abu Dhabi that targets investors and consumers rather than trade visitors, will kick off on Thursday, October 27, at the Abu Dhabi National Exhibition Centre (ADNEC). Drawing the participation of more than 125 exhibitors from ...

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UAE media handles events professionally, , says Sultan Al Jaber

  Abu Dhabi / WAM The UAE media deals in a realistic and professional manner with events keeping national interests in mind, Dr. Sultan bin Ahmad Sultan Al Jaber, Minister of State, Chairman of the Board of Director of National Media Council (NMC), has said. The region experiences threats and risks, which prompt those in charge of the media to redouble ...

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Azizi Developments launches AED470mn project

  Dubai / Emirates Business Azizi Developments, a leading UAE-based real estate developer with global reach into international markets, announced its newest project in the emerging Dubai Healthcare City: Azizi Aliyah. The fully-serviced residence, a B+G+2P+14+R structure, is Azizi Developments’ first project in Dubai Healthcare City, conveniently located between Burj Khalifa and the future tallest skyscraper in the world, The ...

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Shurooq outlines key investment opportunities for Russian firms

  Sharjah / WAM The array of opportunities for Sharjah and Russia to do business was the topic of discussion at a roundtable event organised by the Sharjah Investment and Development Authority (Shurooq) at the Sharjah Chamber of Commerce and Industry on Wednesday. More than 100 businesspersons and representatives of Sharjah-based Russian companies attended the meeting, which was aimed at boosting ...

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Etisalat Group posts net profit of AED6.2bn in first nine months

  Abu Dhabi / WAM The Etisalat Group reported a net profit of AED6.2 billion for the first nine months of 2016, an increase of 9 percent compared to same period last year. The consolidated financial statements issued on Wednesday show that consolidated revenues of the group amounted to AED13.2 billion and increased year-over-year by 3 percent. Similarly consolidated net profit ...

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TRA asks telecom retailers to avoid selling fake devices

  Al Ain / WAM The Telecommunications Regulatory Authority (TRA) has called on telecommunications devices retailers to avoid selling unapproved and unlicensed devices in the country and make sure these devices have authentic stickers provided by suppliers before selling them to customers. The TRA has made the warning during an awareness workshop organised in Al Ain City in collaboration with the ...

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Dubai Customs bags six awards at Ideas America

  DUBAI / WAM Dubai Customs (DC) won two golds, one silver, and three bronze medals at the 74th Ideas America 2016 Summit, held recently in Atlanta, Georgia. The department also bagged certificates of appreciation and praise from the organising body. Sultan Ahmed bin Sulayem, Chairman of DP World and Chairman of Ports, Customs and Free Zone Corporation, commented, “Excellence is ...

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Over 80 percent of Dubai people are happy: Study

  Dubai / Emirates Business Eighty three percent of people in Dubai consider themselves happy today, and 95% predict that they will be happy 5 years from now, according to a study released by the Smart Dubai Office at the first meeting of the ‘Happiness Champions’ for the Smart Dubai Happiness Agenda. Her Excellency Dr Aisha bin Bishr, Director General ...

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DMCA launches new ‘Maritime Dubai’

Dubai / Emirates Business As part of the ongoing initiatives to cement Dubai’s leadership in the global maritime map, the Dubai Maritime City Authority (DMCA) launched its new ‘Maritime Dubai’ initiative. Placed under the management of ‘Dubai Maritime Cluster Office,’ the initiative seeks to sustain the local maritime sector’s exceptional achievements and lay the foundation for a new phase of ...

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Gulf Navigation to expand fleet

  Dubai / Emirates Business Gulf Navigation Holding PJSC is expanding the company’s fleet through a strategic long-term partnership with Wuchang Group, China’s heavy industry giant. The decision was made at Gulf Navigation Holding’s latest board meeting. The move aims to meet the increasing demand for transferring chemicals from the UAE and other GCC countries to global markets. The signing ...

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