News

Ajman / Emirates Business The number of businesses choosing Ajman Free Zone (AFZ) to locate their operations continues to increase in the first six months of 2019 with 8.23 percent. The total number now stands around 8000. In addition to this, there to 91 percent of those companies who were contractually obliged to re-new, with the demand for business offices ...

DUBAI / WAM The Dubai International Financial Centre (DIFC) Courts released its figures for the first half of 2019, with a total volume of 463 cases across all divisions for the first six months of 2019, a 25 percent increase from the first half of 2018. The English-language common law courts continued to assist global businesses resolve their largest and ...

ABU DHABI / WAM The number of road traffic deaths in the UAE has fallen by 34.2 percent in five years, down from 712 in 2014 to 468 in 2018, according to statistics released by the Ministry of Interior. Statistics also indicate that the number of serious traffic accidents decreased by 24.1 percent, down from 4,895 in 2014 to 3,712 ...

DUBAI / WAM To mark the 150th anniversary of the birth of Mahatma Gandhi on October 02, Emirates Post has issued a commemorative stamp to honour the life and times of India’s most influential leader. Gandhi played a crucial role in the development of India and notably led the country to independence through non-violent protest. Commonly referred to as the ...

Emirates Business Gulf Craft will proudly fly the UAE flag at this year’s Cannes Yachting Festival with four of the boat builder’s finest vessels cruising into the French Riviera. The premier destination for the global superyacht and luxury watercraft industry, Cannes attracts some of the biggest and most luxurious yachts by acclaimed shipyards as well as the most discerning and ...

ABU DHABI / WAM Mubadala Investment Company, through its healthcare arm, on Sunday signed a memorandum of understanding (MoU) with Nirvana Travel and Tourism to formalise their intention to collaborate on projects that will support the Abu Dhabi Vision 2030 objective of establishing the emirate as a leading medical tourism destination. Areas of collaboration will focus on potential visitors from ...

ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has extended an invitation to President Kassym-Jomart Tokayev of Kazakhstan to visit the UAE. Delivering the invitation and congratulatory message was Dr Mohammed Ahmed bin Sultan Al Jaber, UAE Ambassador to Kazakhstan, during a meeting with the Kazakh Foreign Minister Beibut Atamkulov. The UAE Ambassador conveyed the ...

ABU DHABI / WAM Abu Dhabi Global Market (ADGM) announced the admission of four new FinTech start-ups in its fourth Regulatory Laboratory (RegLab) cohort. These four local and international firms, DAPI (UAE), PointCheckout (UAE), Jibrel Network (Switzerland) and Ekofolio (Luxembourg), were selected from a pool of 14 applications with market-ready solutions focusing on areas including sustainable finance and the API ...

Dubai / WAM The Commercial Compliance and Consumer Protection sector (CCCP) at the Dubai Economy has witnessed a 63 percent year-on-year increase in trademark files registered on its “IP Gateway” portal during the first six months of 2019. According to a CCCP statement, the results indicate a high level of confidence in the emirate’s ability to protect Intellectual Property (IP) ...

RAS AL KHAIMAH / WAM Ras Al Khaimah has had its ‘A’ rating with a stable outlook affirmed by global agency Fitch Ratings. Fitch has maintained Ras Al Khaimah’s ‘A’ rating for more than 10 years and the agency highlighted the Emirate’s low and declining Government debt burden and high GDP per capita as key ratings drivers. Fitch expects “the ...