News

Value of ERC local aid hits AED94mn in H1

ABU DHABI / WAM A total of 562,589 people have benefitted from local aid campaigns and programmes launched by the Emirates Red Crescent (ERC) between January and June 2019, with the total value of the programmes reaching AED94 million for the period. The cost of social aid provided by the ERC amounted to AED71,108,670 while the value of seasonal projects ...

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Dennemeyer: The whole world of intellectual property

Emirates Business The Dennemeyer Group marked 57 years of experience and success 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 ...

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Bee’ah rolls out new waste recycling, segregation project

SHARJAH / WAM Bee’ah, the sustainability pioneer of the Middle East, has launched a new project to enhance waste segregation and recycling practices to supplement the efforts of the company’s ongoing residential recycling programme. In 2012, Bee’ah had launched the UAE’s first door-to-door residential recycling program-me, which supplied communities with awareness kits on recycling. The new programme takes this initiative ...

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Dubai luxury house sales see uptick in volume in H1 2019

DUBAI / Emirates Business The higher end of Dubai’s real estate market is rather resilient. The luxury property sales market in Dubai has seen an uptick in the volume of transactions from January to June 2019, compared to the same period last year, according to Data Finder, a real estate insights and data platform under the Property Finder Group. Any ...

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UAE committed to enhancing ties with Malaysia: Mohamed

PUTRAJAYA / WAM Malaysian Prime Minister Dr Mahathir Mohamad on Tuesday received His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. The visit which took place at the Prime Minister’s Office in Bangunan Perdana Putra, Putrajaya, was part of the His Highness’ itinerary during his one day ...

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UAE prioritised efforts to combat human trafficking

ABU DHABI / WAM The UAE has prioritised its efforts to combat human trafficking, which has surpassed basic legislative requirements, by caring for victims and countering the negative effects of the crime. The UAE’s message is in line with its ethical and humanitarian values, especially tolerance, equality and rule of law. The UAE has firmly countered attempts to undermine human ...

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Dubai Customs records key achievements in Q2

DUBAI / WAM Dubai Customs announced its achievements in Q2 of 2019 as a leading customs organisation that supports sustainable economic development in the UAE. “We go above and beyond fulfilling our vision of becoming the leading customs administration in the world, supporting legitimate trade and following the directives and guidance of His Highness Sheikh Mohammed bin Rashid Al Maktoum, ...

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Dubai Economy resolves 17,768 complaints in H1

DUBAI / WAM Dubai Economy saw a 19 percent increase in consumer complaints during the first six months of 2019, following improved awareness over consumer rights and the ease of access to consumer protection channels. The nationality-wise breakdown of complaints indicates that Emiratis (25 percent) were the top complainants, followed by Indians (16 percent), Egyptians (12 percent), Saudis (nine percent) ...

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Noor Bank, National Bonds enter strategic partnership

DUBAI / Emirates Business Noor Bank, one of the leading Shari’ah-compliant banks in the UAE, has entered a strategic partnership with National Bonds Corporation, a renowned investment company, to launch a first-of- its-kind initiative in the UAE that allows customers to purchase Shari’ah-compliant investment products using credit cards. Starting 15 August 2019, the new scheme enables Noor Bank credit card ...

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Tesla to pay China $323m a year in tax

Bloomberg Tesla Inc agreed to pay China $323 million in tax every year as part of a deal with local authorities to build an electric-vehicle (EV) factory on the outskirts of Shanghai. Under the terms of the lease with the Shanghai government, Tesla must start generating the annual tax revenues at the end of 2023 — or hand the land ...

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