News

UAE scientists to get 9 more labs for research

Dubai / Emirates Business The Emirates Scientists Council (ESC) signed a Memorandum of Understanding (MoU) with Emirates Global Aluminium (EGA) to make the latter’s nine laboratories available to UAE scientists for scientific research. The MoU forms part of the ‘Open Labs’ initiative, which was launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the ...

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President confers Order of Independence on Japan Ambassador

Abu Dhabi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan, conferred the Order of Independence, First Class, on the Ambassador of Japan to the UAE, Kanji Fujiki, in recognition of his efforts during his tenure, towards the development and strengthening of friendly relations and cooperation between the two countries across all fields. HH Sheikh Abdullah bin Zayed ...

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DWTC visitor numbers up 7% to reach 500,000 in 2018

Dubai / WAM Dubai World Trade Centre (DWTC), has announced another successful year for its consumer and entertainment events, as it closes 2018 having hosted over 500,000 visitors at more than 29 events. This indicates an approximate seven per cent increase in visitor numbers for consumer and entertainment events over 2017. Mahir Julfar, Senior Vice President – Venue Services Management, ...

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‘Dubai is an ecosystem for innovation, future economy’

Dubai / Emirates Business Mohammed Al Gergawi, Minister of the UAE Cabinet Affairs and The Future, Vice Chairman of the Board of Trustees and Managing Director of Dubai Future Foundation, said that Dubai became an ecosystem for innovation and the future economy, and a preferred global destination for conferences and exhibitions focused on future sectors and emerging technologies. Al Gergawi ...

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ADX holds workshop on ‘corporate governance’

ABU DHABI / Emirates Business As part of its ongoing efforts to introduce the latest developments in corporate governance and their implementation in listed companies, Abu Dhabi Securities Exchange (ADX), the region’s leading financial market, held a workshop on Corporate Governance and Board of Directors’ Role at its headquarters. Senior executives from relevant departments responsible for the application of corporate ...

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Al Hilal Bank’s new initiative to accelerate fund transfers

ABU DHABI / Emirates Business As part of Al Hilal Bank’s Digital and Operations transformation programme, the bank announced the introduction of our Payments STP (straight-through-processing) initiative. With STP, online (internet banking/ mobile banking) fund transfers in AED and inward fund transfers are now carried out almost instantly, adding speed and efficiency to the process. Speaking on the announcement, Alex ...

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Dubai Tourism signs deal to woo more Japanese tourists to emirate

Dubai / Emirates Business Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) and H.I.S. Co., Ltd., one of Japan’s leading travel agencies, signed a Memorandum of Understanding (MoU) in Tokyo to confirm a strategic collaboration between the two entities. This month’s agreement marks the first-of-its-kind for Japan’s travel and tourism sector, and emphasises the commitment from Dubai Tourism and ...

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UAE imports $450 million worth of French produce

Dubai / Emirates Business With imports totalling $452,280,000, the UAE is one of the largest importers of French produce to Middle East, as revealed by French trade agency. UAE residents have been invited to re-discover the diversity, quality and taste of some of France’s most famous brands in a month long partnership with Carrefour. “As tastes evolve and become more ...

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RTA, Careem establish e-hail taxi JV

DUBAI / WAM The Dubai Roads and Transport Authority (RTA), has announced the establishment of an E-Hail Taxi Joint Venture with Careem Networks Company (Careem); the leading ride hailing technology company in the region. Accordingly, the new company, the name and logo of which will be announced in the next few months, will provide e-hail taxi services to customers beginning ...

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Attorneys General seek to bar seismic oil tests in Atlantic

Bloomberg Attorneys general from nine coastal states are intervening in a lawsuit aimed at blocking seismic surveys that could help pinpoint oil under Atlantic waters but also imperil whales and dolphins. The move brings the heft and resources of top state law enforcement officials to a fight over the future of oil and gas exploration along the US East Coast. ...

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