News

Abu Dhabi / Emirates Business The UAE Banks Federation (UBF) on Monday announced that it will host the sixth edition of the Middle East Banking Forum, one of the leading banking conferences in the region, on November 11 at The Westin Dubai Al Habtoor City in Dubai. Held in association with Financial Times and The Banker under the theme, ‘Banking ...

DUBAI / WAM The UAE is ideally positioned to serve as the ‘beating heart’ of a regional innovation hub; according to a new report published by Oliver Wyman in collaboration with Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (Measa) region. Titled “The Case for an Innovation Hub to Facilitate ...

Ajman / WAM His Highness Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman on Monday, issued an Emiri Decree about reducing the tourism tax paid by hotels and tourism companies in Ajman, with the aim of promoting tourism and improving the emirate’s investment environment. Decree No. 08 for 2018 stipulates the reduction of tourism fees, ...

DUBAI / Emirates Business Emirates launched a second daily flight between Dubai and Prague, to meet the increasing demand for travel on the route. Emirates has been serving the Czech market since 2010 and during this time has carried some 1.7 million passengers on the route. To meet the rising demand for both inbound and outbound travel, the airline has ...

DUBAI / WAM The Mohammed bin Rashid Innovation Fund (MBRIF), operated by the Emirates Development Bank (EDB), announced its financial support for ‘Lamsa’, a brand and platform for children. The first of its kind in the region, Lamsa delivers diverse interactive content focused on education and entertainment for children, overseen by Finnish experts in the fields of early childhood education. ...

DUBAI / Emirates Business Dubai Chamber of Commerce and Industry (Dubai Chamber) has supported Dubai’s high-end real estate sector through its sponsorship of LPS Beijing 2018, China’s leading invitation-only luxury property show. Dubai Chamber, which was a strategic partner for the three-day event, showcased an array of companies operating in Dubai’s elite property sector to affluent customers in the world’s ...

Hodeidah / WAM The Emirates Red Crescent (ERC), distributed 5,000 food parcels to Yemeni families across liberated towns and villages in Hodeidah in the past four days. This latest aid distribution benefited 35,000 individuals as part of the UAE-Saudi Arabia humanitarian assistance plan across Yemen’s Red Sea Coast. The UAE aid authority distributed 1,000 food baskets to Yemenis residing in ...

Dubai / WAM The Business Registration and Licensing (BRL), sector in the Department of Economic Development (DED), in Dubai has added 26 new business activities across a number of sectors in the first half of 2018, following that tracked local market needs supply and demand in those vital sectors. The move, which is part of DED’s efforts to facilitate business ...

Dubai / WAM Jebel Ali Free Zone (Jafza), the region’s trade enabler and leading business hub, on Monday signed a cooperation agreement with the General Directorate of Residency and Foreigners Affairs (GDRFA) to further simplify existing visa procedures and improve customer experience. Under the agreement, the GDRFA will provide enhanced services to companies operating in Jafza and the National Industries ...

Abu Dhabi / WAM Saif Badr Al Qubaisi, General Manager of Abu Dhabi City Municipality (ADM), launched the third edition of the municipality’s Internal Excellence Award (Ertiqaa), 2018. The launch of the award comes in implementation of the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE ...