Local News

Dubai / Emirates Business Deyaar Development PJSC, one of Dubai’s largest property developers and real estate service providers, held a book fair at the company headquarters to support the UAE’s Year of Reading. The initiative aims to nurture a new generation of readers and enhance knowledge and innovation. The book fair, held in partnership with Impulse Group, one of the ...

  ALKESH SHARMA / Emirates Business As more number of individuals in the UAE hook to internet in pursuit of a leisure time, the gaming industry has emerged as a business that is bound to reap rich dividends. According to experts, internet gaming industry is all set for a robust growth in the coming years as internet gaming traffic will ...

  Emirates Business Nissan Motor is bringing the legendary Datsun brand back to the Middle East with the exclusive launch of two models in Lebanon, the on-DO and mi-DO. Both models make owning a new car an attainable reality for a significant portion of first-time auto buyers. Launched in 2014 after the brand was globally phased out in 1981, Datsun ...

  ABU DHABI / WAM The Khalifa bin Zayed Al Nahyan Foundation, KF, received an AED 2 million donation from Altaaqa Global to support its humanitarian initiatives being implemented in Yemen in order to alleviate the suffering of Yemenis in the light of their dire circumstances. Mohammed Haji Khouri, Director-General of the Khalifa bin Zayed Al Nahyan Foundation, received the ...

  ABU DHABI / WAM The UAE Ministry of Economy’s delegation has prepared to head to the 14th United Nations Conference on Trade and Development (UNCTAD XIV), to be held from July 17th to 22nd in Nairobi, Kenya. The delegation comprises Juma Mohammed Al Kait, Assistant Under-Secretary of the Ministry of Economy for Foreign Trade Affairs, representatives of competent federal ...

  Dubai / Emirates Business Emaar Properties PJSC will mark the launch of an exclusive collection of elegantly designed homes in Dubai Hills Estate today. A green city within the city, the 11 million sq m Dubai Hills Estate is set to welcome its first residents later this year, ensuring that customers into the new mid-rise tower become part of ...

  ABU DHABI / Emirates Business Aldar Properties PJSC (Aldar), Abu Dhabi’s leading listed property development, investment and Management Company, continues to make strong progress across its portfolio of residential projects. Residential construction activities continue to progress at West Yas, Aldar’s first villa community on the iconic Yas Island, with piling, sewerage, utility, telecommunication and lighting work almost complete. The ...

  ABU DHABI / WAM Abu Dhabi Global Market (ADGM) and Shanghai Free Trade Zone Authority (SHFTZA) on Wednesday signed a Memorandum of Understanding (MoU) in Shanghai to foster collaboration and facilitate business developments in their respective markets. Richard Teng, Chief Executive Officer, Financial Services Regulatory Authority of ADGM, and Guo Yusong, Department Director, Fiscal and Financial Services of SHFTZA, ...

  ABU DHABI / WAM The Abu Dhabi Monitoring and Control Centre (ADMCC) announced the launch of the ‘Falcon Eye’ system throughout the city of Abu Dhabi, including Abu Dhabi International Airport, the main islands, and Bani Yas and Musaffah areas. The system is a complete central system that receives a live feed from visual surveillance equipment installed across the ...

  Dubai / Emirates Business Leading financial institution, Mashreqbank psc (Mashreq) announced successful coordination of a BHD 107 million (AED 1,050 million) contracting facility for financing the bonding and working capital requirements of the Arabtec Construction LLC (Arabtec) and TAV Tepe Akfen Yatirim Insaat ve Isletme A.S. (TAV) joint venture (JV) in support of the JV’s main works contract for ...