Local News

Global sustainability experts insights into future green buildings

  Dubai / Emirates Business The fifth EmiratesGBC Congress, organised annually by the Emirates Green Building Council (EmiratesGBC), commenced on Tuesday at Dusit Thani Hotel in Dubai with international experts in sustainable development for the built environment presenting actionable insights for strengthening energy and water use efficiency and cutting the ecological footprint of buildings. Held under the patronage of the ...

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Construction on AED1bn Gate Avenue at DIFC to begin soon

  Dubai / WAM Construction will shortly begin on the much anticipated Gate Avenue at DIFC, the new urban premium lifestyle, cultural and entertainment development at the heart of Dubai International Financial Centre that promises to change the face of urban space and living in Dubai. Habtoor Leighton Group (HLG); a leading specialist contractor in the region was awarded the ...

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Alkathiri inaugurates NATRANS Exhibition at ADNEC

  Abu Dhabi / WAM Innovations in the transportation industry and its related services from more than 50 local and international companies in 13 countries, are on display at the second edition of the NATRANS Expo, which opened at the Abu Dhabi National Exhibition Centre on Tuesday. The exhibition was opened by Abdullah Salem Alkathiri, Director-General of the Federal Transport Authority ...

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DIB wins two LinkedIn MENA Talent Awards

  Dubai / Emirates Business Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has won the distinguished accolade of “Best Employer Brand on LinkedIn” award at the LinkedIn MENA Talent Awards 2016. LinkedIn also recognized Dr. Adnan Chilwan, Group CEO of DIB, with the most prestigious award of the ceremony as the “Most Social Executive in the ...

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Red signal accidents drop 29 percent

  Abu Dhabi / WAM The number of red signal accidents at the intersections in the Emirate of Abu Dhabi had declined by 29 percent in the past eight months this year to 54 traffic accidents compared to 76 in the same period last year. Brig. Ali Khalfan Al Dhaheri, Director-General of Central Operations at Abu Dhabi Police, said that the ...

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Global Muslim population spends highest on F&B

  Dubai / Emirates Business The need for a standardised Halal food sector was highlighted in the recent Global Islamic Economy Summit, where it was revealed that the global Muslim population has the highest spending on food and beverage. HE Mohammed Saleh Badri, Secretary-General of International Halal Accreditation Forum, noted that the Halal food sector is growing at a remarkable ...

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President issues law decrees

  ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan issued federal law decrees pertaining to bankruptcy, the Federal Judicial Authority and Federal Supreme Court. Sheikh Khalifa issued the Law Decree No. 9 for 2016 on bankruptcy. He also issued Law Decree no. 11 for 2016, amending certain provisions of the federal Law No. 3 for ...

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FANR Board approves budget

  ABU DHABI / EMIRATES BUSINESS The Board of Management of Federal Authority for Nuclear Regulation (FANR) approved its budget for next year at a meeting chaired by Board Chairman, Abdulla Nasser Al Suwaidi. The senior management provided the board with updates to key FANR activities, including the status of its review of the application for an Operating License for ...

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UAB issues financial results

  SHARJAH / EMIRATES BUSINESS The United Arab Bank (UAB), announced its financial results for the nine months ending September 30. Performance in the third quarter reflects continued positive traction against the bank’s transformation strategy. Aided by a substantial 44% reduction in Provisions for Credit Losses, stable Non-Interest Income and material cost savings from its streamlined operating model, UAB recorded ...

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RAK Port new free zone area begins operations

  RAS AL-KHAIMAH / WAM Ras Al-Khaimah Port, one of the emirate’s five port facilities, now established a new free zone area that comes under the licence jurisdiction of RAK Maritime City Freezone Authority. Commenting on the new facility, Captain Clifford Brand, CEO of Ras al-Khaimah Ports, said, “We believe that introducing a free zone alternative within RAK Port will ...

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