Local News

  DUBAI / WAM Caracal International, an Abu Dhabi-based arms manufacturing company, has signed a Memorandum of Understanding, MoU, with Dong In Optical (DI Optical) of South Korea to establish close technical cooperation between two manufacturers. Hamad Salem Al Ameri, CEO of Caracal, and Jung In, CEO of DI Optical, signed the agreement during their participation at the DX Korea ...

  DUBAI / WAM Foreign investors purchased AED862.8 million worth of shares on the Dubai Financial Market (DFM) and sold AED880 million over the week, DFM said on Thursday. Net foreign investment on the market reached AED17.2 million as aggregate sale. Value of shares bought by foreigner investors comprised 42 percent of the total value of stocks traded during the ...

  Dubai / EMIRATES BUSINESS The Dubai Future Accelerators Programme has attracted international experts John Bradford and Paul Smith. Both amassed extensive experience and boast an impeccable track record in managing the biggest business accelerators around the world. Saif Al Aleeli, CEO of Dubai Future Foundation said, “Selecting them to be a part of the team is a testament to ...

  ABU DHABI / WAM Oil and gas giants are calling for greater industry collaboration and an increased focus on operational efficiency, as global energy leaders prepare to gather in the UAE capital for the upcoming Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC 2016) in November. Established as the world’s most influential exhibition and conference for the oil and ...

  CASABLANCA / WAM Dubai Electricity and Water Authority (DEWA) is participating in the 2nd International Solar Energy Exhibition and Conference, Photovoltaica, which is organised under the patronage of H M King Mohammed VI of Morocco from September 7-9. In his speech at the conference, Saeed Mohammed Al Tayer, MD and CEO of DEWA, said, “Today, UAE-Moroccan relations are growing ...

  Cairo / WAM President of the Arab Republic of Egypt, Abdel Fattah El Sisi, received on Thursday at Al-Ittihadiya Palace, HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, and his accompanying delegation. During the meeting, they discussed cooperation between the UAE and Egypt, issues of mutual concern, and the latest regional and international developments. ...

  Dubai / WAM In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE HH Sheikh Mohammed bin Rashid Al Maktoum issued Resolution No. (13) of 2016 on the formation of the Board of Dubai International Marine Club. Pursuant to the Resolution, the new Board is chaired by Ahmad Saeed bin Meshar. The other members of ...

  Dubai / WAM The Corporate Communication Department of Dubai Customs, DC, launched a new project aiming to promote the culture of reading and research amongst the DC community. The “Reading is Life” project will be implemented by establishing an online library accessible to all booklovers via Dubai Customs’ intranet website. Employees can explore detailed summaries of selected Arabic and international ...

  Dubai / Emirates Business Emirates NBD Group, a leading financial institution in the region, held its inaugural Employee Wellness Fair for thousands of employees across the United Arab Emirates. With over 33 partners ranging from hospital and clinics to gym and yoga centers, Emirates NBD Group hosted various activities and knowledge sharing workshops across its premises including its offices ...

  Sharjah / WAM A total of 121 films from 33 countries will be screened next month at the 4th annual Sharjah International Children’s Film Festival (SICFF). This year, 425 films from 59 countries were presented for review, a significant increase from the last year, when 286 films from 50 countries were submitted. The films are geared towards children aged 12-year-old ...