Local News

  ABU DHABI / Emirates Business DarkMatter, an international cyber security firm headquartered in the UAE, announces its participation as the Cyber Security Innovation Partner of GITEX Technology Week 2016. The technology exhibition and conference, which is the largest annual ICT gathering in the Middle East, is taking place from 16 – 20 October, 2016 at the Dubai World Trade ...

  DUBAI / WAM The Dubai Electricity and Water Authority (DEWA) has won two CFI.co 2016 awards with Saeed Mohammed Al Tayer, MD & CEO of DEWA, winning the Outstanding Contribution to Local Employment – GCC 2016, and DEWA winning Best In-house Corporate Finance Team – GCC 2016. Al Tayer won the award for his role in achieving the objectives ...

  Sharjah / Emirates Business Organisers of the forthcoming Sharjah FDI Forum 2016, held under the generous patronage of His Highness Sheikh Dr. Sultan bin Mohammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, and hosted by the Sharjah Investment and Development Authority (Shurooq) in collaboration with Financial Times and fDi magazine, have highlighted the importance of ...

  Sharjah / Emirates Business Red Hat, Inc. (NYSE: RHT), the world’s leading provider of open source solutions, today announced that it is accepting nominations for the 2017 Red Hat Innovation Awards. Since 2007, the Red Hat Innovation Awards have recognized Red Hat’s global customers and partners for the transformative projects and outstanding results they have experienced with Red Hat’s ...

  MOHSIN SHAH / SPECIAL TO EMIRATES BUSINESS The explosion of smartphones and tablets is transforming the way we communicate, work and manage our personal lives. We stay connected everywhere, and collaborate on the go at every opportunity we get. We need the ability to access business applications at the highest speeds and quality possible – regardless of where we ...

  Dubai / EMIRATES BUSINESS British representation at Cityscape Global this week almost doubled year on year, as developers compete for Middle Eastern investment amid the post-Brexit vote and a period of uncertainty. With the three-day real estate exhibition drawing to close on Thursday, UK developers reported good levels of interest across the board from GCC investors. Underlining the increased ...

  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 ...