Local News

DUBAI / WAM Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, was briefed on the engineering designs and the general plan of the One Central mixed use project, which is being implemented by the Dubai World Trade Centre Authority (DTCA) in the Central Business District in Dubai at a ...

ABU DHABI / WAM HH Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority, Chairman and Chief Executive of Emirates Airline and Group, and Chairman of Dubai Aviation City Corporation, on Wednesday signed a contract agreement with Al Jaber LEGT Engineering and Contracting LLC(ALEC), paving the way for the Passenger Terminal Building expansion at Al Maktoum International ...

ABU DHABI / WAM The UAE’s non-oil trade with Australia stood at US$2 billion in the first nine months of 2015, making Australia one of its major strategic trading partners, Sultan bin Saeed Al Mansouri, Minister of Economy, said during a meeting with Australian Ambassador to the UAE, Arthur Spyrou, on Wednesday. He said there were 48 Australian companies, 60 ...

ABU DHABI / WAM The United Arab Emirates concluded ratifying the Trade Facilitation Agreement and notified the World Trade Organisation (WTO) of acceptance of the agreement, becoming the first Arab country to do so. Sultan bin Saeed Al-Mansouri, Minister of Economy, said that the Trade Facilitation Agreement is one of the most important agreements within the WTO multilateral trading system. ...

ABU DHABI / WAM Following the announcement of the Real Estate Law No. (3) of 2015 in the capital, Abu Dhabi Commercial Bank, ADCB, obtained the first escrow agent registration certificate from the Department of Municipal Affairs (DMA), upon signing the agreement with the governing body. Real Estate Law No. (3) was issued to adopt the real estate escrow regulations, ...

ABU DHABI / WAM Abu Dhabi will host more than 1,000 influential education leaders, practitioners and industry experts from around the world during the Bett Middle East Leadership Forum and Expo to be held on April 6-7, where the future of education will be debated and discussed. Taking place in partnership with the Abu Dhabi Education Council (ADEC), the event ...

RITIKA SHARMA / EMIRATES BUSINESS Imagine having a GENIE at your disposal doing almost all your jobs as you relax in your comfy hotel room – from booking a spa appointment to informing you about play area access time for your kids. Address Hotels + Resorts, a five-star premium hotel brand of UAE-based Emaar Hospitality Group, is drawing on the ...

DUBAI / WAM Dubai Chamber of Commerce and Industry signed a Memorandum of Understanding, MoU, with Hamburg Chamber of Commerce to increase cooperation and promote strategic partnerships to increase trade exchange which was valued at 6.3 billion euros between Hamburg and the UAE in 2015.

ABU DHABI / WAM Dubai International Financial Centre on Wednesday welcomed Ahli United Bank Limited (AUBL), a 100 percent subsidiary of Ahli United Bank B.S.C., as the first bank in the GCC region to receive the Category 1 license from the Dubai Financial Services Authority (DFSA). On opening the new quarters of the bank in DIFC, Essa Kazim, Governor of ...

His Highness Sheikh Mohammed was briefed by Helal Saeed Al Marri, Director General of the Dubai World trade Centre Authority, who explained that the One Central project, which is being built on land area estimated at more than half a million square meters in the vicinity of Dubai World Trade Centre, includes buildings, residential, hospitality and commercial towers, recreational and ...