News

VP issues decree on compensation for owners of taxi number plates

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, issued Decree No. 8 of 2018 regarding the compensation for owners of taxi number plates used by Roads and Transport Authority (RTA). The Decree specifies the monthly compensations to be paid to owners or inheritors of taxi number ...

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Cabinet okays formation of Federal Youth Authority

Abu Dhabi / WAM The UAE Cabinet approved the formation of the Federal Youth Authority to promote the empowerment and involvement of young individuals in vital sectors. The Authority will embrace youth’s talents and encourage them to showcase their creativity and ideas. The move is in line with the UAE Government’s ongoing support and empowerment of the youth to lead ...

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Dafza launches initiative in mega Indian cities to attract investments

Dubai / Emirates Business Dubai Airport Freezone Authority (DAFZA) has hosted new roadshows in New Delhi and Bangalore in India under the overarching theme of ‘Gateway to Growth’. The events highlighted the attractive investment opportunities that DAFZA has created for international businesses, with the aim of increasing Foreign Direct Investment (FDI) from India to Dubai, in line with Dubai Plan ...

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Emirates NBD expands operations in Saudi Arabia

Dubai / WAM Emirates NBD has expanded operations in the Kingdom of Saudi Arabia, as the bank inaugurated its first branch in Jeddah and announced plans to soon open a branch in Khobar and another in Riyadh, making KSA Emirates NBD’s largest branch network outside the UAE and Egypt. NBD KSA offers full-fledged services across retail, private, business and wholesale ...

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Adnoc all set to announce its downstream strategy in May

Abu Dhabi / WAM The Abu Dhabi National Oil Company (ADNOC), on Tuesday announced its plans to unveil its detailed downstream strategy, expansion plans of the Ruwais Industrial Complex and introduce new partnership and investment opportunities at the ADNOC Downstream Investment Forum, in Abu Dhabi, from May 13-14. ADNOC’s downstream strategy will act as a key catalyst to Abu Dhabi’s ...

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Abu Dhabi’s DED to provide financial aid to best startups

Abu Dhabi / Emirates Business Abu Dhabi’s Department of Economic Development (DED) has announced support for the Startup Hub at RDPETRO, the largest oil and gas conference in the world fully dedicated to research and development, to be held on May 9-10 in Abu Dhabi. This is especially significant as 2018’s conference will have a particular focus on tech start-ups ...

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Ministry launches fourth ‘scientific research award’

Abu Dhabi / WAM The General Secretariat of the Minister of Interior’s Scientific Research Award declared the launch of its fourth edition on Monday, starting with the registration process that will witness the acceptance of applications, along with a summary of their research. HH Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, ...

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Abu Dhabi International Book Fair to host 1,350 exhibitors

Abu Dhabi / WAM Held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the 28th edition of the Abu Dhabi International Book Fair (ADIBF), will take place at the Abu Dhabi National Exhibition Centre, ADNEC, from April 25 to May 1. ADIBF ...

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HSE practices must be at centre of energy company operations

Abu Dhabi / WAM As global exploration, development and production of oil and gas resources shifts to more complex, remote and challenging fields, the need to rigorously safeguard people and the environment, as well as asset integrity, becomes ever more critical, according to Abdulmunim Al Kindi, Upstream Director at the Abu Dhabi National Oil Company (ADNOC). Delivering the keynote address ...

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