Local News

  DUBAI / WAM Dubai Customs (DC) won two golds, one silver, and three bronze medals at the 74th Ideas America 2016 Summit, held recently in Atlanta, Georgia. The department also bagged certificates of appreciation and praise from the organising body. Sultan Ahmed bin Sulayem, Chairman of DP World and Chairman of Ports, Customs and Free Zone Corporation, commented, “Excellence is ...

  Dubai / Emirates Business Eighty three percent of people in Dubai consider themselves happy today, and 95% predict that they will be happy 5 years from now, according to a study released by the Smart Dubai Office at the first meeting of the ‘Happiness Champions’ for the Smart Dubai Happiness Agenda. Her Excellency Dr Aisha bin Bishr, Director General ...

Dubai / Emirates Business As part of the ongoing initiatives to cement Dubai’s leadership in the global maritime map, the Dubai Maritime City Authority (DMCA) launched its new ‘Maritime Dubai’ initiative. Placed under the management of ‘Dubai Maritime Cluster Office,’ the initiative seeks to sustain the local maritime sector’s exceptional achievements and lay the foundation for a new phase of ...

  Dubai / Emirates Business Gulf Navigation Holding PJSC is expanding the company’s fleet through a strategic long-term partnership with Wuchang Group, China’s heavy industry giant. The decision was made at Gulf Navigation Holding’s latest board meeting. The move aims to meet the increasing demand for transferring chemicals from the UAE and other GCC countries to global markets. The signing ...

  Abu Dhabi / Emirates Business NATRANS Expo successfully concluded its second edition at the Abu Dhabi National Exhibition Centre on Wednesday. The event was held under the patronage of His Excellency Dr. Abdullah Belhaif Al Nuaimi, Minister of Infrastructure Development, and Chairman of the Federal Transport Authority – Land and Maritime. The exhibition hosted more than 1,000 participants over ...

  ABU DHABI / Reuters Billionaire Mohamed Alabbar, one of Dubai’s most prominent businessmen, plans a phone messaging service for the Middle East that aims to compete with services such as WhatsApp. Alabbar, who made his fortune as the chairman of Dubai’s largest listed property developer, Emaar Properties, has been moving into other areas, in particular technology. Asked on the ...

  DUBAI / WAM As part of its efforts to attract foreign investments to Dubai, the Dubai Chamber of Commerce and Industry (DCCI) is participating as an official partner in the Dubai Week in China: Shanghai, running from October 27-29. The three-day event, being held for the second year, will put the spotlight on Dubai-China ties and celebrate a dynamic ...

  DUBAI / WAM The UAE’s financial institutions participating at the United Nations Environment Programme (UNEP) Finance Initiative’s 14th Global Roundtable, signed the Dubai Declaration on Sustainable Financing. With the signing of the declaration they have also confirmed their support for the UAE Vision 2021, and for transforming the national economy to a green economy in accordance with the UAE ...

  Abu Dhabi / WAM HE Engineer Sultan bin Saeed Al Mansoori, Minister of Economy, recently met with Elena Kontoura, Greek Minister of Tourism. The meeting saw the discussion of how to reinforce more cooperation for the tourism industry of the UAE and Greece—especially in the exploration of potential investment opportunities and the creation of joint ventures to help bolster ...

  DUBAI / Emirates Business The maritime sector significantly improved its contributions to the Emirate of Dubai’s GDP in 2015, accounting for AED 26.9 billion, or 7 percent of the total. Shipping had the largest share, followed by ports, maritime engineering, and maritime support services. The latest numbers reflect the increasing contribution of the maritime sector to the local economy ...