News

Dubai / Emirates Business Enoc Group announced the launch of NEXT, an accelerator programme, designed to unlock growth opportunities and tackle challenges in the energy sector through building new digital ventures for business-to-business and consumer categories. NEXT underpins the group’s commitment to contributing to the UAE’s future agenda and Dubai’s vision to be a global platform for knowledge-based, sustainable and ...

DUBAI / WAM Jebel Ali Free Zone Authority (Jafza) has signed a Memorandum of Understanding (MoU) with Dubai Courts for establishing a ‘Virtual Reality Smart Court’ to handle labour litigations involving companies operating from the Free Zone and its business units. A dedicated chamber for the “Smart Court” will be established at the Free Zone to conduct hearings and adjudicate ...

Dubai / Emirates Business Emaar Development, the UAE build-to-sell property development business majority-owned by Emaar Properties, has recorded an impressive growth in the sale of its residential property launches in Dubai to AED9.350 billion ($2.546 billion), an increase of 50 percent compared to the H1 2018 sales of AED6.234 billion ($1.697 billion). Emaar Development launched 16 new projects during the ...

ABU DHABI / WAM The United Arab Emirates has welcomed the signing of a constitutional declaration between the military and main opposition coalition in the brotherly nation of Sudan. A statement issued by the Ministry of Foreign Affairs and International Cooperation said that the signing of the agreement between the representatives of the two sides, “is the cornerstone for achieving ...

AJMAN / WAM Ajman University and Noor Bank have launched an AED3.2 million waqf (endowment) initiative to promote the Islamic banking and finance industry in the UAE. The move followed a landmark agreement signed between the two parties to establish the Noor Fund for Educational Solidarity that provides, in perpetuity, an endowed professorship and four scholarships in Islamic Banking and ...

DUBAI / WAM Emirates Global Aluminium (EGA) on Monday announced the first exports of bauxite ore from Guinea Alumina Corporation (GAC) its mining project in the Republic of Guinea in West Africa, marking the completion of EGA’s strategic expansion upstream in the aluminium value chain to create an integrated global aluminium giant. The GAC project, and Al Taweelah alumina refinery, ...

ABU DHABI / WAM The National Elections Committee (NEC) said that young individuals — aged between 21 and 33 — represent around 33 percent of the registered electorate, adding that 100,000 young people out of a total of 337,738 citizens, are participating in the current round of the Federal National Council (FNC) election. The NEC also stressed that its electoral ...

ABU DHABI / WAM Brazil would welcome a BRICS-like bloc with the Gulf states to work towards achi- eving common goals, according to an influential Brazilian Congressman. Brazil is the current chair of the BRICS, an informal association of five major emerging economies: Brazil, Russia, India, China and South Africa. “We are open to new markets and new opportunities; therefore, ...

DUBAI / WAM The Dubai Electricity and Water Authority (Dewa) announced its cooperation with Stanford University in numerous research and development fields involving researchers at its Research and Development Centre through its membership in the university’s ‘Energy 3.0 Programme’. The fields of research include radiation cooling to improve the efficiency and performance of solar panels, utilisation of autonomous robots in ...

DUBAI / WAM The Mohammed bin Rashid Space Centre (MBRSC) announced that Hazzaa Al Mansoori, the UAE’s first astronaut to travel to the International Space Station (ISS) on September 25, will host a traditional Emirati food night at the station. Al Mansoori will be dressed in the traditional Emirati clothes, and will offer his fellow astronauts three Emirati foods — ...