News

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, will honour the prominent Arab hope makers at the end of the 2nd edition of the Arab Hope Makers initiative, the largest Arab initiative dedicated to celebrating philanthropic efforts, on May 14. The initiative seeks to honour and ...

Abu Dhabi / WAM Abu Dhabi’s Smart Solutions and Services Authority (ADSSSA), announced the launch of Abu Dhabi internet domain suffixes (.abudhabi), in English and Arabic to represent the Emirate’s digital identity in the virtual world. This came during the signing of a tripartite agreement between the ADSSSA, the Telecommunications Regulatory Authority (TRA), and the Emirates Telecommunications Corporation (Etisalat), to ...

Dubai / WAM The General Assembly of the Dubai Islamic Insurance and Reinsurance Company (AMAN Insurance), held its annual general meeting (AGM), at the Dubai Chamber of Commerce and Industry. The AGM reviewed the board’s report on the company’s activities and its financial position during the past financial year, which ended on December 31, 2017. Mohammed bin Omair bin Yousef ...

Sharjah / WAM The Environment and Protected Areas Authority of Sharjah (EPAA), honoured the winners of the sixth edition of the Sharjah Sustainability Award (SSA), for Schools and Colleges. The honouring ceremony was attended by Marwan Ahmad Al Sawaleh, Under-Secretary of the Minister of Education for Academic Affairs; Hana Saif Al Suwaidi, Chairperson of EPAA; Prof. Dr. Rashad Salem, Vice ...

Dubai / WAM Economic conditions in Dubai during Q1 2018 have improved over Q1 and Q4, 2017, according to a business confidence survey conducted by the Department of Economic Development (DED), Dubai. The survey indicates that the Composite Business Confidence Index has improved by 5.5 points after registering 116.7 points in Q1 2018 as compared to 111.2 points during the ...

Hassan Soukar Over the past few years there has been a remarkable surge in demand for second citizenships among high-net-worth expatriates living in the UAE. But the spike in interest for acquiring second passports has been all-time high in the first three months of 2018. The whole industry is coming of age. The second passports are not only seen just ...

Bloomberg Amazon.com Inc. has partnered with General Motors Co. and Volvo Cars to deliver packages to car trunks in 37 US cities, as the e-commerce giant seeks new delivery methods for customers who may be wary of leaving packages outside or allowing couriers into their homes. The app-based service, which lets car owners provide delivery agents with keyless access to ...

Bloomberg Alibaba Group Holding Ltd. is getting its digital assistant into Mercedes-Benzes, Audis and Volvos in China, enlisting a clutch of global automakers in an effort to popularise the year-old technology for everything from shopping to home security. Daimler AG, Volkswagen AG and Zhejiang Geely Holding Group Co.’s Volvo join some 100 brands Alibaba says it’s partnered with. The Chinese ...

Bloomberg International Business Machines Corp., a group of four gold and diamond industry companies and an independent laboratory are developing a blockchain network for tracing the provenance of finished pieces of jewelry from mine to store. The TrustChain Initiative, which will run on IBM’s technology, includes precious-metals refiner Asahi Refining, US jewellery retailer Helzberg Diamonds, precious-metals supplier LeachGarner, jewellery-maker the ...

Bloomberg The US issued a new warning to China on its handling of intellectual property as President Donald Trump prepares to dispatch senior advisers to the Asian nation to head off a trade dispute. The US Trade Representative’s office kept China on its “priority watch list” of countries whose IP practices require monitoring. China has an “urgent need” to fix ...