News

Dubai / Reuters The Dubai Gold and Commodities Exchange (DGCX) plans to launch a new sharia-compliant spot gold contract by the end of March, aiming to tap demand for bullion from Islamic investors in the Middle East. The DGCX said it had appointed INTL FCStone as the market maker for the contract, which is physically backed by gold and the ...

Abu Dhabi / Emirates Business His Highness Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, on Tuesday inaugurated the 8th edition of the International Exhibition for National Security and Resilience (ISNR Abu Dhabi 2018), held under the patronage of HH Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive ...

Abu Dhabi / WAM Inflation in consumer prices in the UAE capital reached 4.7 percent in January 2018 as compared to the same month in 2017. This came in a report developed by the Statistics Center Abu Dhabi in coordination with the Department of Economic Development (DED) in Abu Dhabi which analyses the calculation of the consumer prices index for ...

DUBAI / WAM His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority, Chief Executive of Emirates Group, Chairman of the Dubai Supreme Fiscal Committee and Chairman of the Dubai Supreme Council of Energy, on Tuesday officially inaugurated the industry-shaping Middle East Electricity (MEE, 2018). Hosted by the UAE Ministry of Energy, and under the patronage ...

AJMAN / WAM HH Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman, inaugurated the 5th Ajman International Environment Conference (AIEC, 2018), themed ‘Climate Change and Sustainability’. Organised by the Department of Municipality and Planning, the two-day conference is being held under the patronage of HH Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman ...

Abu Dhabi / WAM The National Media Council (NMC), unveiled a set of regulations for electronic media, which govern all online activities, including e-commerce; publishing and selling of print, video, and audio material; as well as advertising. The new guidelines apply to news websites, electronic publishing outlets, and on-demand printing, including commercial activities conducted through social media within the UAE. ...

Dubai / Emirates Business On the occasion of International Women’s Day, Emirates is highlighting the integral role played by its female employees through a special video which documents the breadth and diversity of the operational and technical roles performed by women in the Group. The video gives the audience a behind the scenes look at women employees from various Emirates ...

Dubai / Emirates Business During its meeting, the Board of Directors of the Gulf Navigation Holding (PJSC) approved the trading of the rights issued last February to the company’s existing shareholders, without publicly offering the remaining shares. The company’s capital now stands at AED 919,209,250. The move is in line with the company’s interim strategy to expand its services and ...

SHARJAH/ Emirates Business The Sharjah Investment and Development Authority (Shurooq) is promoting the emirate’s status as one of the Middle East’s most progressive and dynamic tourism destinations to 180 countries across five continents at this year’s ITB Berlin, the world’s largest travel trade show. Its participation comes as part of a delegation led by His Excellency Marwan bin Jassim Al ...

Dubai / WAM The Dubai Department of Economic Development (DED), signed a partnership with the Talal Abu-Ghazaleh Organisation (TAG-Org), to offer added value packages to the business community and develop the exclusive services being provided at the Dubai Business Club in DED. Sami Al Qamzi, Director-General of DED, and Talal Abu-Ghazaleh, Chairman of TAG-Org signed the partnership agreement in the ...