Local News

  Dubai / WAM Dubai consumer electronics market size is forecast to grow at 4.7 percent over the next 4 years to exceed US$3 billion by 2020, according to a recent analysis of Dubai Chamber of Commerce and Industry, released on the occasion of chamber’s participation in the GITEX Technology Week, 2016. According to analysis based on the latest UAE retail ...

  Dubai / WAM Obaid Humaid Al Tayer, Minister of State for Financial Affairs, has said that the Ministry of Finance has developed a number of leading e-systems to raise levels of effectiveness and efficiency of services, as part of its commitment to strengthen and support innovation, as well as benefit from IT applications. Highlighting key initiatives taken by the government ...

  Dubai / WAM The Ministry of Finance (MoF), in partnership with National Bank of Abu Dhabi (NBAD), launched eDebit and eDirect services on the eve of GITEX Technology Week 2016, which opened at the Dubai World Trade Centre on Sunday. The eDebit service, launched for the first time in the UAE, allows payment of service fees and purchases through direct ...

  Dubai / Emirates Business Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager known for renowned destinations across the Emirate, has announced that the iconic Marasi Business Bay Promenade is scheduled to be opened in November, coinciding with the opening of the Dubai Water Canal being built by the Roads & Transport Authority (RTA). More ...

  DUBAI / Emirates Business UAE-based telecommunications service provider -‘du’, has been selected by Abu Dhabi Islamic Bank (ADIB) to deliver opex-driven co-location services in the UAE. ADIB benefits from world-class data centre infrastructure that is ready to support its business with maximum reliability and availability. ADIB will be able to grow and develop its operations with a foundation in ...

  DUBAI / Emirates Business The Dubai Roads and Transport Authority (RTA) and UAE-based digital payments provider Trriple are opening up more channels for customers to top up their Nol Cards. Customers will be able to top up at over 20,000 UAE merchants through the Trriple mWallet app network. “Being able to top up Nol Cards through additional neighborhood merchants ...

  DUBAI / Emirates Business Key players in Dubai’s tourism industry came together to mark the city’s milestone achievement of reaching 100,000 rooms across its expanding hotel and hotel apartment inventory following the soft opening of The Westin Dubai, Al Habtoor City. In attendance were His Excellency Helal Saeed Almarri, Director General of Dubai’s Department of Tourism and Commerce Marketing ...

  DHAHRAN / WAM Saudi Aramco’s offshore projects department recently awarded a long-term agreement (LTA) to National Petroleum Construction Company (NPCC) of Abu Dhabi for the execution of its offshore development programme. It is the fifth LTA awarded by Saudi Aramco, with four earlier LTAs awarded in June 2015 to various engineering, procurement, fabrication and offshore installation (EPIC) contractors. The ...

  Abu Dhabi / Emirates Business India’s leading travel agents have been urged to seize the potential of Abu Dhabi’s diverse tourism offering to further boost their already growing business relations with the Emirate. The call came at a welcome gala reception for up to 600 agents, all members of The Travel Agents Association of India (TAAI) — the ‘voice’ ...

  ATHENS / WAM The UAE-Greece Business Forum opened in Athens on Saturday, in a bid to expand opportunities, trade and investments for businesses in both countries. The Forum was co-chaired by Sultan bin Saeed Al Mansouri, UAE Minister of Economy, and Giorgos Stathakis, Greek Minister of Economy. The Forum was attended by representatives from UAE and Greek government organisations, ...