Local News

  Abu Dhabi / Emirates Business In line with the declaration made regarding the Eid Al Adha holiday, which falls from Sunday, September 11 to Thursday, September 15, ADNOC Distribution announced that three of its vehicle inspection centres, namely Abu Dhabi Main Centre, Al Ain Main Centre and Madinat Zayed Centre, will remain open during the holiday time. The Eid ...

  Dubai / WAM The Dubai Metro is celebrating its seventh anniversary on Friday after having served more than 830 million commuters from September 2009 to August 2016. “The positive growth and increasing numbers on the Dubai Metro underscore the strategic vision of Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum. It ...

  Dubai / WAM Dubai will host the inaugural edition of the National Treasure initiative, which is being organised by Knowledge Expansion, under the patronage of Dubai Chamber of Commerce and Industry in partnership with Tejar Dubai, on September 27-28. Essa Al Zaabi, Senior Vice-President, Institutional Support Services Sector, Dubai Chamber and General Coordinator, Tejar Dubai said, “The two-day conference has ...

  Dubai / Emirates Business Dubai Design Week’s popular exhibition Abwab will return to this year’s program, festival organizers have announced. A showcase of emerging and established creative talent from the Middle East, North Africa and South Asia (MENASA) region, Abwab (‘doors’ in Arabic) will showcase entirely new work from designers and studios from Algeria, Bahrain, India, Iraq, Palestine and ...

  Sharjah / Emirates Business Twenty orphan children got their wishes fulfilled after Knowledge without Boarders’ (KwB) response to ‘Sidreh of Wishes’ initiative that was launched by the Sharjah Social Empowerment Foundation. ‘Sidreh of Wishes’ saw KwB distribute personal items designed to help the youngsters in their learning endeavours, as well as be of practical assistance in other areas of ...

  Sharjah / Emirates Business Students from the Middle East and North Africa will, for the first time, took part in the second edition of the cross-cultural SAWA Summer School initiative, held recently at the Sharjah Museum of Islamic Civilization. A joint collaboration between Sharjah Museums Department, Goethe-Institut Gulf Region, Staatliche Museen Berlin – Stiftung Preußischer Kulturbesitz and University of ...

  ABU DHABI / WAM The UAE Space Agency announced on Wednesday the details of the National Space Sector Policy endorsed recently by the Cabinet chaired by Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum. The policy aims to build a strong and sustainable space sector in the UAE that supports ...

ABU DHABI / WAM Etihad Airways appointed National Bank of Abu Dhabi (NBAD), to establish an innovative and fully automated Supply Chain Finance programme, which will allow the national airline to extend a range of benefits to its strategic suppliers, while strengthening its supply chain. Supply Chain Finance is a set of solutions that optimises cash flow by allowing companies ...

  Dubai / Bloomberg Dubai Financial Group LLC is working with Citigroup Inc. to find a buyer for its stake in Omani lender Bank Muscat SAOG after the sale was triggered by an agreement with creditors, according to people familiar with the matter. The 12 percent stake is worth about $300 million based on current market prices, according to data ...

  Ras Al Khaimah / Emirates Business RAK Properties PJSC, Ras Al Khaimah’s biggest property developer listed on the Abu Dhabi Stock Exchange, revealed that its Julphar Residence property – the developer’s 24-floor residential tower on Abu Dhabi’s Al Reem Island – will be completed in Q4 2018. Speaking during this week’s Cityscape Global 2016 — the Middle East’s leading ...