News

ABU DHABI/ WAM The UAE’s State Audit Institution (SAI) as the head of the International Organisation of Supreme Audit Institutions, INTOSAI, signed a Memorandum of Understanding, with the Vienna-based United Nations Office on Drugs and Crime (UNDOC) which manages the work of the Secretariat of the Conference of the States Parties, COSP, a branch of the United Nations Convention against ...

DUBAI / WAM A delegation from the Roads and Transport Authority (RTA) recently visited several universities and start-ups in Taipei, Taiwan, and Sydney, Australia, participating in the Dubai World Challenge for Self-Driving Transport. The tests were meant for participants in the second (start-ups) and third-tiers (Academia — International), and were restricted to entities shortlisted for the challenge, following a series ...

Dubai / Emirates Business In the UAE, a staggering 84 percent of high net worth individuals and business owners take an optimistic stance on the state of their economy, almost unchanged compared to last quarter’s results, according to UBS Global Wealth Management’s new quarterly Investor Sentiment survey. Similarly, 81 percent of UAE investors are bullish on regional stocks. By comparison, ...

Emirates Business According to the latest data compiled by Expedia Group from the second quarter of 2019, the number of travellers visiting UAE from China has grown significantly. Industry leaders are suggesting that the number of Chinese tourists travelling to the GCC is expected to rise by 81 percent from 1.6 million in 2018 to 2.9 million in 2022, with ...

Dubai / WAM Humaid Al Qutami, Director General of the Dubai Health Authority (DHA) has reaffirmed the authority’s keenness to fulfil its role in providing a safe and healthy environment before, during and after Expo 2020 Dubai. Al Qutami made the statement during his visit to the Expo 2020 Emergency Centre, operated by DHA, on Sunday. The DHA, an official ...

Ajman / WAM During the 6th Liwa Ajman Dates and Honey Festival 2019, the UAE Space Agency highlighted the possibility of cultivating palm trees on Mars. The agency’s plan is to send palm tree seeds to the International Space Agency, which will perform experiments and send the seeds to Mars for cultivation. The agency’s pavilion at the festival was visited ...

Abu Dhabi / Emirates Business Abu Dhabi Global Market (ADGM), the award-winning International Financial Centre in Abu Dhabi, is set to visit Shenzhen (China’s tech megacity) on August 5 and Beijing (China’s capital silicon valley) on August 7 as part of its FinTech global tour to recruit innovative FinTech start-ups to showcase their solutions at Measa’s (Middle East, Africa and ...

ABU DHABI / WAM Arada, a Sharjah-based real estate developer, has announced a partnership with Dubai Islamic Bank (DIB) to streamline the home ownership process for buyers of Arada properties. The company confirmed that it has sold over 4,000 units in its two projects, Aljada and Nasma Residences, in the past two years. “So far, 2019 has resulted in our ...

ABU DHABI / WAM Abu Dhabi General Services Company (Musanada), has launched a new electronic platform dedicated to prov-ide e-services to main contractors and construction builders. The platform, according to the Musanada, is aimed to facilitate and simplify the tendering process related to subcontractor engagements, enhance the principle of equal opportunities, achieve a better level of transparency and integrity in ...

DUBAI / WAM The World Green Economy Summit (WGES 2019) is set to support Dubai’s efforts to become the global capital of green economy and sustainable development. The Summit, to be held in Dubai from October 20 to 21, will focus on three pillars: glo-bal international cooperation in a green economy, cooperation and international partnership to overcome global challenges, and ...