News

Dubai / WAM The Business Registration and Licensing (BRL), sector in the Department of Economic Development (DED), Dubai, has issued 1,748 new licenses during November 2018, as Dubai remained a destination of choice for investment in diverse business sectors. Among the new licenses issued, 62.3 percent were commercial, 35.2 percent professional, 1.3 percent related to tourism, and 1.2 percent industry. ...

Abu Dhabi / WAM The Integrated Transport Centre (ITC), of the Department of Transport (DoT), in Abu Dhabi has said that it started the issuance of roadwork and facilities permits in the Emirate. The move aims to ensure the level of road safety in construction sites and assure the smoothness of the traffic flow. The centre affirmed that such step ...

DUBAI / WAM The Dubai Investment Development Agency (Dubai FDI), the investment development agency of Dubai Economy (DED), held a meeting with major industries and key investors at the Circulo Ecuestre in Barcelona, Spain in collaboration with Senda International Company. The meeting, which aimed to further boost Dubai’s strong investment and trade relations with Spain, formed part of Dubai FDI’s ...

UMM AL QAIWAIN / WAM His Highness Sheikh Saud bin Rashid Al Mu’alla, Supreme Council Member and Ruler of Umm Al Qaiwain, stated that President His Highness Sheikh Khalifa bin Zayed Al Nahyan declaring 2019 as the ‘Year of Tolerance’ will reinforce the UAE’s social and ethical principles, established during the era of the Founding Father, the late Sheikh Zayed ...

DUBAI / Emirates Business Meraas and Dubai SME, the agency of the Department of the Economic Development (DED) in Dubai mandated to develop the small and medium enterprise (SME) sector, have signed a partnership to launch ‘Al Seef SME District,’ an innovation hub within Al Seef, the bustling waterfront promenade with a distinct legacy and contemporary spirit. Paying tribute to ...

Abu Dhabi / Emirates Business The Abu Dhabi Department of Energy (DoE), the entity responsible for supporting Abu Dhabi’s leadership and sustainability in the energy sector, on Sunday signed a partnership agreement with the Abu Dhabi Future Energy Company (Masdar), the host of Abu Dhabi Sustainability Week (ADSW) 2019, to support key ADSW events, including acting as Principal Partner to ...

DUBAI / Emirates Business Emirates, the world’s largest international airline and a main sponsor of Spanish football club, Real Madrid, on Sunday unveiled a new decal featuring action images of some of the club’s top players on one of its A380 aircraft. The new decal was created to mark the occasion of Real Madrid’s charter flight on an Emirates A380 ...

Dubai / Emirates Business Dubai Tourism alongside its public and private sector partners welcomed cruise ship Horizon into Dubai, marking the debut of Pullmantur Cruise Lines in the region. To commemorate the occasion, a traditional ‘Plaques and Keys Exchange’ ceremony was hosted on board in the presence of the President and CEO of Pullmantur Cruises and the ship’s captain, as ...

Bloomberg Mexican President Andres Manuel Lopez Obrador is boosting Petroleos Mexicanos’ budget to 464.6 billion pesos ($23 billion) next year to reverse flagging oil production and increase domestic fuel output. The proposal sent to the lower house of congress would increase Pemex’s total budget, including capital investments, by 14 percent in 2019 compared with 407 billion pesos this year, according ...

Bloomberg Dominion Energy Inc.’s $7.9 billion takeover of a troubled South Carolina utility was approved by state regulators, clearing way for a deal that nearly collapsed over costs from a failed nuclear project. The unanimous vote comes nearly a year after Dominion proposed buying Scana Corp, which spent about $4.9 billion to expand the V.C. Summer nuclear plant then walked ...