News

Bloomberg The pound will tumble to the lowest level since 1985 if the UK leaves the European Union without a deal, a prospect that looks more likely now than six months ago, according to a Bloomberg survey of analysts. There is now a 30 percent chance that Britain will exit the bloc in October without a divorce agreement, the poll ...

Abu Dhabi / WAM The Ministry of Climate Change and Environment (MOCCAE), on Saturday announced the completion of Phase I of its research project to map agricultural areas across the UAE’s northern emirates using drones. Spanning 550 sq kilometres of agricultural lands across Dubai, Sharjah, Ajman, and Umm Al Qaiwain, the first phase mapped as many as 41 categories of ...

DUBAI / Sarah Mahmoud The Dennemeyer Group has 57 years of experience in the provision of international services in the field of intellectual property, such as the payment of annual fees for patents, the renewal of trademarks, filing of Recordals, the strategic consultancy in the field of IP, and advanced software solutions for the effective management of intellectual property as ...

Abu Dhabi / Emirates Business Hub71 announced that seven new startups will bring a significant part of their operations and presence to the Abu-Dhabi based tech hub. The seven startups are specialised in fintech, health tech, travel tech, artificial intelligence (AI), blockchain and social impact. Spanning across many industries, the startups include two Emirati founders who have decided to build ...

RAS AL KHAIMAH / WAM So far 33 countries have confirmed their participation in the first and largest international exhibition for small and medium-sized enterprises, SMEs, which Ras Al Khaimah will host next November, organisers said. Mohamed Musabbeh Al Nuaimi, Chairman of the RAK Chamber of Commerce and Industry, which is organising the event, said that the event, which will ...

DUBAI / WAM As many as 296.22 million riders used public, shared transport and taxis in the first half of this year in Dubai, according to the H1 report issued by the Roads and Transport Authority (RTA). The number reflects a healthy 6.5 percent growth rate from the figure recorded in the same period last year, which was 277.91 million ...

Abu Dhabi / WAM Abu Dhabi Ports and Jiangsu Overseas Cooperation Investment Co. Ltd. (JOCIC), have signed a five-year agreement with Industrial and Commercial Bank of China (ICBC), to make it easier and quicker for Chinese companies to do business at Khalifa Industrial Zone (Kizad), Abu Dhabi’s integrated trade, logistics, industrial and free zone. Abu Dhabi Ports, the operator and ...

NEW YORK / WAM At the UN Security Council’s annual Open Debate on children and armed conflict, the UAE reaffirmed the commitment of the Coalition to Support Legitimacy in Yemen – of which the UAE is a member – to complying with obligations under international humanitarian law, and underscored the seriousness with which the Coalition takes its responsibility to protecting ...

Ras Al Khaimah / WAM Ras Al Khaimah Economic Zone (Rakez), is planning to reduce water and electricity consumption by 38.5 percent over the next five years. Rakez has signed a contract with Smart4Power, an energy efficiency solutions provider, for a retrofit project covering nine buildings, including a district cooling plant. The agreement, which is part of Rakez contribution towards the ...

Dubai / Emirates Business Dubai Investments PJSC, the leading, diversified investments company listed on the Dubai Financial Market, announced that it has been conferred with the ESQR Quality Choice Awards 2019 in Berlin, Germany. The award, presented in recognition of the company’s exemplary leadership within UAE’s thriving investment sector, marked Dubai Investments the only investment company awarded from the region. ...