Local News

  Abu Dhabi / Emirates Business ADNOC Distribution on Wednesday opened the Al Marfaa Marine service station in the Western Region of Abu Dhabi as part of its sustained commitment to expanding its service station network to meet the ongoing population growth and urbanisation of the UAE. The inauguration of the new station was attended by Amer Mohd. Zayed Almansouri, ...

  Dubai / Emirates Business SMEs are a crucial component for sustainable economic growth in the GCC post the oil price decline but need to overcome key challenges to succeed. The finding comes from the latest research by Bloovo.com on the role SMEs play in catalysing economic success across the region. With a USD 275 billion export shortfall due to ...

  Emirates Business Held under the patronage of Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, in strategic partnership with the Dubai Design District (d3) and supported by the Dubai Culture and Arts Authority, Downtown Design will return this October 25-28 for its fourth edition as the commercial centrepiece of Dubai Design Week. Hosted in d3, the creative ...

  Ajman / Emirates Business Tourists from the Gulf Cooperation Council (GCC) countries including staycationers from the UAE were the top visitors of Ajman during Eid Al Adha holiday, according to Ajman Tourism Development Department (ATDD). Nationals from Egypt, Jordan, Kuwait, KSA, Bahrain and UAE were majority of the guests who stayed in Ajman’s hotels and hotel apartments, followed by ...

  DUBAI / Emirates Business GCC Financial Technology (FinTech) startups are cashing in on the always-connected banking habits of Millennials, say industry experts ahead of GITEX 2016. There is a surge in growth of “moneyhawks” — the high-income, and under-35-year-old customers who want constant mobile access to their banking and finance accounts. Banks often struggle to profit from their customers. ...

  Sharjah / Emirates Business Teachers in Sharjah received a boost to their critical thinking abilities thanks to an initiative from Sharjah Public Library (SPL), a subsidiary of Sharjah Book Authority. The institution recently concluded an ‘Integrating Thinking Skills Programme’ workshop that was held in collaboration with Mawhiba Training and Positive Motivation Centre with the aim of training female teachers ...

DUBAI / WAM In his capacity as Ruler of Dubai, the Vice President and Prime Minister of the UAE, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has issued Decree No. 27 of 2016 forming the Board of the Emirates Global Centre for Accreditation. According to the Decree, the Director-General of Dubai Municipality chairs the board with Hussein Salem Al ...

  DUBAI / WAM flydubai on Tuesday announced its half-year results for 2016 and reported total revenue of AED 2,302 million (US$627 million), an increase of 5.4 percent compared to the same period last year. A loss of AED89.9 million (US$24.5 million) was also reported which is 39 percent lower than H1 of the previous year. During the period, passenger ...

  DUBAI / WAM Dubai Aerospace Enterprise (DAE) Ltd. announced the signing of a definitive agreement to acquire 80 percent of Jordan Aircraft Maintenance Limited from The Abraaj Group. The terms of the transaction were not disclosed. Joramco has a solid track record as a leading independent commercial aircraft maintenance, repair and overhaul (MRO) facility serving a wide range of ...

  ABU DHABI / WAM Researchers at the Masdar Institute of Science and Technology have developed a novel type of ‘buckypaper’, a thin film composed of carbon nanotubes, or grids, that have better thermal and electrical properties. Researchers believe the innovative buckypaper could be used to create ultra-lightweight composite materials for numerous aerospace and energy applications, including advanced lightning strike ...