News

ABU DHABI / WAM Sheikha Shamma bint Sultan bin Khalifa Al Nahyan on Sunday announced the launch of ‘20 for 2020’, an innovative programme launched to drive gender balance at a board-level. Twenty women will have the opportunity to partake in a year-long professional development course while they gain board-level experience. The overarching objective of ‘20 for 2020’ is to ...

Ajman / Emirates Business An audit revealed that 31 percent of the companies currently trading in Ajman Free Zone (AFZ) have been founded by women. Striking a gender balance among employees is a crucial goal for AFZ especially in line with the UAE Gender Balance Council’s vision which seeks to reduce the gender gap across all government sectors as well ...

DUBAI / WAM The Dubai International Financial Centre (DIFC), announced a record growth in 2019, registering an addition of 493 new businesses for the year. The total number of firms in the centre reached 2,437, up 14 percent from 2018, with a total of 32 percent growth since 2017. The DIFC now counts 17 of the world’s top 20 banks, ...

DUBAI / WAM The Department of Finance (DoF), of the government of Dubai on Sunday launched a massive promotional campaign to encourage emirate’s residents to increase their use of smart channels, for paying fees for various government transactions with all Dubai government entities. The campaign is scheduled to start on Sunday and ends on April 7. Abdulrahman Saleh Al Saleh, ...

SHARJAH / WAM The Sharjah Airport International Free Zone (Saif Zone), announced that the Germany-based Schüco International KG is going to base its regional operations in the free zone, after a lease contract was concluded between both entities. Under the agreement, Schüco will lease 14 warehouses covering a total area of 8400 square metre, making it biggest number of warehouses ...

DUBAI / WAM The Business Registration and Licencing (BRL), sector of the Department of Economic Development (DED, Dubai), issued 4,459 new licences in February 2020 that created 11,877 jobs. Among the new licences issued, 72.4 percent were professional, 26.1 percent commercial, 1.1 percent related to tourism and 0.4 percent for industry. Deira accounted for the largest share (2,573), according to ...

Dubai / WAM The UAE Ministry of Economy, in cooperation with the Dubai Future Foundation, organised the Startup Innovation Hackathon at AREA 2071 in Dubai, with the participation of more than 30 startups from across the country and abroad. The hackathon was held in the aim to provide an opportunity for startups and individuals with innovative ideas to take part ...

SHARJAH/ WAM Sheikh Fahim bin Sultan Al Qasimi, Chairman of Sharjah’s Department of Government Relations (DGR) has discussed with Aidan Cronin, Ambassador of Ireland to the UAE, the potential ways of strengthening bilateral relations between Sharjah and Dublin. The two officials have also discussed the need to explore new partnerships in vital sectors including culture, education and innovation. The meeting ...

Dubai / Emirates Business Deyaar Development PJSC (Deyaar), one of Dubai’s leading property developers and real estate service providers, announced the launch of Noor, the third district in its award-winning Midtown community. The launch coincides with the introduction of Deyaar Flexi programme, a programme that provides new home buyers tailored made settlement plans as it suits them best. The newly ...

ABU DHABI / WAM Etihad Airways, the national airline of the UAE, is marking International Women’s Day by pledging to increase its female workforce by 25 percent over the next five years — the first airline in the country to make this commitment. This follows the International Air Travel Association’s (IATA) voluntary ‘25by2025’ campaign which aims to improve gender balance ...