Local News

  ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX) has listed mandatory convertible bonds worth AED390 million, that were issued by Abu Dhabi National Insurance Company (ADNIC), as shares of the company. ADNIC had issued the bonds at a fixed interest rate of 7.5 percent per annum. ADX said the issuance of the dirham-denominated convertible bonds was part of ...

  AJMAN / WAM The Ajman Chamber of Commerce and Industry (ACCI) organised the 4th edition of its annual Ramadan Diplomatic Forum aimed at enhancing economic cooperation and trade exchange. A number of ambassadors, consuls-general and representatives of business offices from different Arab and other countries attended the forum held at the Asateer Tent, Atlantis The Palm, in Dubai. Mohammed ...

  Dubai / WAM The Emirates Nuclear Energy Corporation (ENEC) and its operating subsidiary, Nawah Energy Company (Nawah), commemorated the move to new headquarters in Masdar City with an inaugural ceremony attended by the top management and employees from across both companies. The move to Masdar City has a clear synergy for ENEC’s mission and vision to deliver safe, clean and ...

  Abu Dhabi / WAM Abu Dhabi General Services Company, Musanada, said that it has completed all the works related to the headquarters of the National Rehabilitation Centre (NRC) at Shakhbout City, as part of its efforts to realise the vision of His Highness President Sheikh Khalifa bin Zayed Al Nahyan, and to implement the directions of His Highness Sheikh Mohamed ...

  RAS AL KHAIMAH / Emirates Business Under the patronage of HH Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras al-Khaimah, the UAE Chemical Society will host the 18th International Conference of the Union of Arab Chemists from March 26-28 at Jazirat Al Hamra, with Arab and international participation. The UAE Chemical Society won the ...

  ABU DHABI / WAM Abu Dhabi Airports Company on Sunday said it has geared up for the summer season with innovative passenger processing systems, reading libraries and moonlight check-in at Abu Dhabi International Airport (AUH) to keep travelers comfortable and make their journeys more enjoyable. Acting COO of Abu Dhabi Airports, Mohammed Al Katheeri, said Abu Dhabi International Airport remains ...

  Emirates Business Increased internet penetration in the Arab World has led to a jump in the GCC region’s online ad spending for this year with internet ads in the GCC set to grow 20 per cent in 2017, according to a market research report recently launched by Orient Planet Research, an Orient Planet Group venture. The report, entitled, ‘GCC ...

  Dubai / Emirates Business Jumeirah Golf Estates, the leading residential golf community, announced that Phase 1 of its Redwood Park development has officially sold out to a mix of local and international buyers. As Jumeirah Golf Estates continues its ambitious growth plans and international sales drive, also reported that buyer confidence in the community of modern townhouses – overlooking ...

  Sharjah / Emirates Business Sharjah Islamic Bank (SIB), voted “Best Islamic Bank in the UAE” at the World Finance Awards 2016, has has announced that more honours have been bestowed as it has received the “First Successful Data Submission Award” from Al Etihad Credit Bureau (AECB). AECB provides world-class services on creditors to help financial institutions and credit providers ...

  Abu Dhabi / Emirates Business This summer, get ready to witness pre-historic times come to life with your entire family in Abu Dhabi, as dinosaurs resurrect like you have never seen before in the internationally-acclaimed “Dinosaur Zoo Live” show, taking place from July 7-9 at Emirates Palace. The interactive show, which has toured around the world and featured in ...