Local News

  DUBAI / WAM In line with its financial well-being initiative, National Bonds Corporation, the leading sharia-compliant savings and investments company in the UAE, recently organised a series of workshops for employers seeking to educate their employees on the benefits of financial planning. National Bonds invited a number of companies from both the public and private sector to learn more ...

  Dubai / WAM AED1 billion is set to be invested in projects and companies of Dubai Future Accelerators – the ambitious programme launched to advance research and development, and entrepreneurship, in strategically important sectors in the UAE. The move follows the directives of Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum. ...

  Dubai / WAM A recently-released Dubai Chamber of Commerce and Industry special report has revealed that the UAE is becoming increasingly competitive in Saudi Arabia’s import market, as the Kingdom constitutes the 2nd largest destination for UAE-made products after India. The movement of goods between the two countries has been facilitated by the GCC customs unification procedures and efficient transportation ...

  Abu Dhabi / WAM UAE nationals travelling to the Republic of Senegal will no longer need to apply for a visa in advance, the Ministry of Foreign Affairs and International Cooperation announced on Tuesday. Under the new rules, holders of diplomatic, official and regular passports will be allowed to stay in the Senegal for up to 90 days. Ahmed Saeed ...

  Abu Dhabi / WAM The Telecommunications Regulatory Authority (TRA) announced that there is no legislation in place in the country that obstructs economic movement or the work of local or international companies based in the UAE. This comes in response to several inquiries the TRA has received from companies and institutions about information published in the media recently regarding the ...

  Dubai / WAM The 18th Water, Energy, Technology, and Environment Exhibition (WETEX 2016), to be held in October 2016, will feature the latest innovative solutions in energy, water and environment. Many of these technologies will be unveiled for the first time regionally to cater to the needs of renewable energy, water and energy conservation sectors. WETEX is being organised by ...

  Abu Dhabi / WAM The UAE has maintained its position as a top investment destination for citizens of the Gulf Cooperation Council (GCC) with 1,899 new licenses granted to GCC citizens to practice economic activities during 2015, leading to a total of 19,803 licenses by the end of 2015. Commercial licenses made the top of the economic activities’ list, with a ...

  Abu Dhabi / Emirates Business Abu Dhabi Airports released figures for passenger traffic at Abu Dhabi International Airport (AUH), for the first half of 2016. Total traffic for January to June reached 11,848,359 passengers, representing a 6.6% increase from the 11,111,577 in the first six months of 2015. The number of people passing through Terminal 1 saw the largest ...

  Abu Dhabi / WAM Abu Dhabi Commercial Bank (ADCB) received three prestigious awards from Asian Banking and Finance, a highly respected financial publication based in Singapore. ADCB Commercial Banking has been awarded the “SME Bank of The Year” and “UAE Domestic Technology & Operations Bank of the Year” awards for the distinctive proposition it offers commercial clients in the form ...

Abu Dhabi / Emirates Business A state-of-the-art Etihad Airways Boeing 787-9 Dreamliner touched down in Shanghai today from Abu Dhabi on its first flight into China. The new Dreamliner features the airline’s next-generation business and economy class cabins, and will operate with 299 seats, 28 in Business class and 271 in economy, representing a 14 per cent capacity increase on ...