News

Bloomberg India’s economy expanded at the fastest pace in nine quarters, as strong domestic consumption and robust manufacturing growth stamped out global trade-war worries. Gross domestic product grew a stunning 8.2 percent in the three months ended June from a year earlier, the Statistics Ministry said in a statement in New Delhi. That was faster than the 7.6 percent median ...

DUBAI / Emirates Business Damac Properties has awarded an AED512 million construction contract to China State Construction Engineering Corporation (CSCEC) to build tower C of AYKON City, DAMAC’s luxury mixed-use development on Sheikh Zayed Road. The new contract covers civil construction works for tower C, the residential tower in the award-winning $2 billion development, overlooking the Dubai Water Canal. “CSCEC ...

DUBAI / WAM Dubai Land Department (DLD), announced that it has succeeded in achieving a qualitative leap in terms of improving the level of government services provided to its customers, especially in regards to the facilitating of the procedures, the satisfying of the customers, and the continuous development of these procedures through the Ejari service. DLD attributes this remarkable development ...

Dubai / WAM Dubai Future Foundation (DFF) announced closing the registration for the 5th cohort of Dubai Future Accelerators program, and receiving applications from start-ups and global companies from 74 countries around the world. The program received over 600 applicants in which they will undergo a rigorous evaluation and selection process. Ultimately, selected companies will have the opportunity to take ...

Abu Dhabi / WAM Congratulating parents, students, teachers, administrators and education officials for the start of a new academic year 2018-2019 on Sunday, September 2, HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union (GWU), President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation (FDF), called on male and female ...

Dubai / WAM Hussain bin Ibrahim Al Hammadi, Minister of Education, said that his ministry’s vision is to build the skills of Emirati students in values-inspired critical and creative thinking of the 21st century. “Our prime goal is to groom a well-educated student armed with 21st-century skills”, said the minister while attending the concluding ceremony of the summer camp, organised ...

Abu Dhabi / WAM As part of its preparations for the new academic year 2018-2019, Abu Dhabi Waste Management Center (Tadweer) ran a cleaning and preventive pest control drive across all public schools in Abu Dhabi. Aimed at protecting the health of students and employees and preserving the aesthetic appeal of educational institutions, the campaign targeted 300 schools including 134 ...

Abu Dhabi / WAM Abu Dhabi Securities Exchange (ADX), the region’s leading financial market, announced the start of trading with the new tick size for stocks of companies with share price of less than AED 1.00 after successful testing of all internal systems, and technical and operational procedures relevant to operating tick sizes. ADX began operations on Saturday with the ...

ABU DHABI / WAM Abu Dhabi Global Market (ADGM) announced the launch of the new commercial license for ADGM tech start-ups for entrepreneurs. The start-up license is sector-agnostic and enables entrepreneurs to obtain an ADGM operational license, taking advantage of the same globally recognised international operating standards that current ADGM funds, multinationals, SMEs, advisers and other registered entities benefit from. ...

DUBAI / Emirates Business In line with the UAE strategy for Artificial Intelligence and corresponding to the objectives of UAE Vision 2021, the Ministry of Climate Change and the Environment (MOCCAE) has launched the Artificial Intelligence Laboratory in collaboration with Khalifa University of Science and Technology and the International Renewable Energy Agency (IRENA) at the Ministry’s headquarters in Dubai. The ...