Local News

  Dubai / WAM The Dubai Gold and Commodities Exchange (DGCX) witnessed a strong upswing across its precious metals, hydrocarbon and equities segments trading during May. The exchange recorded an aggregate of 1.5 million contracts in May, growing 55 percent from last year, while Year-to-Date (YTD) volumes saw an increase of 47 percent from last year, trading over 7.7 million contracts so ...

  Dubai / Emirates Business The Ministry of Climate Change and Environment (MCCE) held a workshop to prepare a national plan for the protection of sharks. The workshop is part of a larger national strategy that aims to protect biodiversity and achieve the objectives related to developing and implementing programs that sustainably manage endangered marine resources. Attendees discussed the proposed goals, ...

  Dubai / Emirates Business Three of the maritime industry’s most respected global professional bodies have announced their commitment to September’s Maritime Academic Conference and Expo in Dubai, demonstrating the priority they are giving to regional education and training needs. The Nautical Institute, the Institute of Marine Engineering Science and Technology and the Royal Institution of Naval Architects have confirmed ...

  Dubai / WAM Emirates SkyCargo is strengthening its footprint in the Far East and Indian Subcontinent with the launch of a new weekly freighter service from Hong Kong to Dubai via Delhi. The weekly service, which began on Wednesday, will tap the increasing cargo movements between Hong Kong, the world’s top cargo hub, and Delhi, India’s busiest cargo hub. Some ...

  Dubai / Emirates Business The Ministry of Health and Prevention has signed a Memorandum of Understanding (MoU) to improve diabetes awareness and care for patients in the UAE with Sanofi. The announcement is an initiative aimed at improving physicians and nurses’ capabilities in providing standardized treatment for diabetes patients, and enhancing prevention and awareness among healthy individuals in society ...

  Sunaina Rana / Emirates Business Ties between Peru and the UAE have seen a burgeoning growth over the past few years in terms of trade, investments and political relations. According to Alvaro Silva-Santisteban, Director of the Trade, Tourism & Investment Office Peru, UAE, the total exports from Peru to the UAE have increased by 700% from 2011 to 2014, ...

  DUBAI / Emirates Business The Community Management Week (CMW), a pioneering event that brings five dedicated shows under one banner, ended on a high note recently with the signing of new major business deals and engagements with thousands of visitors and professionals who witnessed a range of sustainable and cutting-edge community management solutions from the inter-related shows. Organized by ...

  ALKESH SHARMA / Emirates Business The UAE is witnessing a huge influx of tourists, reaching for business as well as leisure purposes. Considering the extent of commercial activities in the country, pressure on the ecosystem is bound to surge manifold in the coming years, affirm industry experts. Notably, the corporates in the Emirates have started making a sustainable contribution ...

  ABU DHABI / Emirates Business The Abu Dhabi Sports Council (ADSC) has teamed up with the Abu Dhabi National Exhibitions Company (ADNEC) to organise the Abu Dhabi Sports Festival — a two-month celebration of sports and community. The first month will see exciting football and volleyball tournament action. Victorious teams will walk away with up to AED 300,000 (USD ...

  Dubai / Emirates Business The Foreign Exchange and Remittance Group (FERG) — comprising businesses engaged in money exchange and remittances — held its scheduled Midyear General Meeting (MGM) at the Shangri La Hotel, Dubai. The MGM was an occasion for FERG members to network and exchange views while participating in setting the organisation’s strategy and agenda for the latter ...