Local News

ADNOC to host MPGC 2016

ABU DHABI / WAM Abu Dhabi National Oil Company (ADNOC) will host the 24th Annual Middle East Petroleum and Gas Conference (MPGC 2016) in Abu Dhabi, UAE from April 24-26, 2016. In a company statement, ADNOC said preparations are rapidly gathering steam with ministers, super major CEOs, oil companies’ senior management from ADNOC and its Group of Companies, and other ...

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Wholesale, retail compose 11% of GDP

ABU DHABI / WAM Wholesale and retail trade in the UAE is an important sector, constituting more than 11 percent of the gross domestic product(GDP) of the country and nearly 30 percent of the GDP of the Emirate of Dubai. Hamad Buamim, President and CEO, Dubai Chamber, in a statement to Emirates News Agency, WAM, announced that Dubai will host ...

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Mohammed issues decree

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister and Ruler of Dubai, in his capacity as Ruler of Dubai, issued Decree No. 03 of 2016 appointing Majid Saif Al Ghurair as member of the Board of the Dubai Islamic Economy Development Centre, which was formed under Decree No. 42 of 2013.

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Dubai retail trade to hit AED160bn

DUBAI / WAM Wholesale and retail trade in the UAE is an important sector, constituting more than 11 percent of the gross domestic product (GDP) of the country and nearly 30 percent of the GDP of the Emirate of Dubai. Hamad Buamim, President and CEO, Dubai Chamber, in a statement to Emirates News Agency (WAM) announced that Dubai will host ...

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DEWA marks World Water Day

DUBAI / WAM Dubai Electricity and Water Authority (DEWA) is celebrating World Water Day with environmental activities to support international efforts to protect natural resources. World Water Day takes place every year on March 22 and this year’s theme is ‘Better water, better jobs.’ World Water Day raises awareness about the importance of sustainable development. “The National Innovation Strategy, launched ...

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Emirates flights disrupted by blasts at Brussels airport

DUBAI / WAM Flights operated by Emirates Airlines between the Dubai and the Belgian capital have been affected by the closure of Brussels airport. A spokesperson for Emirates Airline said flight EK183 from Dubai to Brussels would be diverted to Dusseldorf, Germany. “We are looking at alternative arrangements in Dusseldorf to get our passengers to their final destinations,” the spokesman ...

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QCC conducts tyre inspection drive to mark ‘traffic week’

ABU DHABI / WAM Abu Dhabi Quality and Conformity Council (QCC), the entity responsible for developing quality infrastructure and raising awareness on quality standards in the emirate of Abu Dhabi, conducted a vehicle tyre inspection drive in conjunction with the GCC Traffic Week 2016. The campaign aimed to ensure the compliance of tyres with relevant technical specifications and safety requirements ...

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Service industry to attract investment in post-oil scenario

Dubai / Emirates Business According to Vasiliki Kostami, Assistant Professor of Management Science and Operations at London Business School, the UAE’s recent government restructuring initiative has come at the right time and will provide a boost to the national economy. One of the things the restructuring clearly aims at, she observes, is bringing about an improvement in the delivery of ...

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Abu Dhabi’s non-oil GDP growth rate reaches 7.1% in Q3

This is revealed in Abu Dhabi’s 2015 Economic Performance Report, issued by the Abu Dhabi Department of Economic Development (ADDED’s) Studies Department, based on the results of aggregate and sectorial indicators of Abu Dhabi economy, which shows a review of Abu Dhabi’s economic performance last year through a detailed reading of the results of these growth indicators. Ali Majed Al ...

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