Local News

RITIKA SHARMA / AJMAN From hospitality to construction and from fashion to tourism and now education — there is no industry that is untouched by the advancements that technology imparts. Being a pioneer in embracing new tech trends, UAE has shown the world how quick and wise adoption of technology makes a difference in all spheres of life. The country ...

Dubai / Emirates Business The tech entrepreneur sector has grown by over tenfold since the nascent Venture Capital industry emerged four years ago. This encouraging revelation has been made by BECO Capital, a regional venture capital firm focussed on technology investments in the Gulf Cooperation Council (GCC) countries. This growth has allowed more and better quality investments in promising start-ups ...

OUR CORRESPONDENT / Emirates Business Bahrain’s Al Abraaj group, a leading investor operating in global growth markets, announced their first venture in the UAE, with YaSalam! Restaurant in Jumeirah Lake Tower, Dubai. As the economy of F&B industry in the UAE is undergoing a significant growth, it has been estimated that the industry is to witness 1,600 new F&B outlets by ...

Abu Dhabi / EMIRATES BUSINESS Khalifa University and the Global Education Energy Environment (Global EEE), in cooperation with Launchpad, announced the 2016 Global Hybrid-Electric Challenge, which will debut to feature electric cars built by students on April 7 to 9 at the Al Forsan International Resort in Abu Dhabi. In two Grand Prix races, 17 teams from universities around the ...

Abu Dhabi / Emirates Business Abu Dhabi Tourism and Culture Authority (TCA Abu Dhabi) will be joined by key attractions and hotels at the World Travel Market Africa 2016 (WTM Africa) to capitalise on the surging growth in visitor numbers from the country into the emirate. Since TCA Abu Dhabi opened an office in Johannesburg, South Africa, last year to ...

DUBAI / WAM The 16th MENA Financial Forum & Expo brings together under one roof more than 40 international exhibitors and sponsors who will showcase their latest products and services, 15 financial gurus who will share their knowledge with the audience, and over 1,500 visitors who will explore unrivaled opportunities. To be held on April 7-8, organisers say the new ...

Paris / WAM Obaid bin Humaid Al Tayer, Minister of State for Financial Affairs, has recently participated in the G20 high level seminar on international financial architecture held in Paris under the slogan “From Nanjing to Paris”, where speakers addressed the most important evolutions of the international monetary system, including the IMF’s recent decision to include official currency of the ...

Abu Dhabi / WAM Dr. Amal Abdullah Al Qubaisi, Speaker of the Federal National Council (FNC), received a message from Kassym-Jomart Tokayev, Chairman of the Senate of the Parliament of the Republic of Kazakhstan. The message was delivered to Dr. Al Qubaisi by Lama Sharif, Ambassador of Kazakhstan to the UAE, during a meeting at the FNC in Abu Dhabi ...

Dubai / Emirates Business The Arab Bank for Investment and Foreign Trade (‘Al Masraf’), one of the UAE’s premier banking institutions, announced that its Human Resources (HR) Department has been certified to ISO 9001:2015 by ABS Quality Evaluations-USA. The recognition affirms the department’s exceptional ability to consistently develop and manage Human Capital to achieve the bank’s Vision, Mission and Objectives. ...

Abu Dhabi / WAM The UAE will host a meeting of experts this April to develop a 5-year plan for implementation of the Global Strategy for Women’s, Children’s, and Adolescents’ Health (2016-2030). The key stakeholders group of Every Woman, Every Child (EWEC) will convene in the UAE capital, Abu Dhabi, on April 5-6 for “Experts’ Consultation on reproductive, maternal, newborn, ...