News

Abu Dhabi / Emirates Business Abu Dhabi Financial Group (ADFG), a leading global investment group, has set up its new offices in Abu Dhabi Global Market (ADGM) on Al Maryah Island, to allow for further expansion as the company continues on its growth trajectory. Jassim Alseddiqi, CEO of ADFG, said: “ADFG is delighted to have opened its headquarters at ADGM, ...

SHARJAH / WAM The Sharjah Economic Development Department (SEDD) launched four new technological projects by the end of December 2017. These projects come in line with the department’s commitment to accelerate the transition to a smart government model that ensures the provision of innovative services. The projects included the new portal, consumer protection site, SEDD application, and the new digital ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, on Sunday received Prince Abdulaziz bin Saud bin Naif bin Abdulaziz, Saudi Minister of Interior, and his accompanying delegation, at Zabeel Palace. Prince Abdulaziz conveyed the greetings of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz ...

Dubai / Emirates Business The UNLOCK Blockchain Forum which commenced on Sunday at the Ritz Carlton Hotel DIFC has proven once again that Dubai is a vanguard when it comes to attracting innovative experts, blockchain start-ups, and forward looking attendees. Al-Iktissad-Wal-Aamal, the organizers of UNLOCK Blockchain forum were not surprised to receive more than 60 blockchain start-ups from more than ...

Abu Dhabi / WAM The two-week joint military exercise between the ground forces of the UAE and the United States Army, known as, ‘Iron Union 6’, started on Sunday. The exercise is aimed at developing and promoting ties between both countries through training, and exchanging of military expertise, and to raise their combat capabilities and improve skills of their ground ...

Mukalla / WAM An Emirati ship carrying food aid and tents from the UAE has arrived in the Port of Mukalla, to support the local residents of Hadramaut Governorate. The aid is part of the humanitarian efforts made by the UAE through the Emirates Red Crescent (ERC), in line with the Year of Zayed Initiative to support Yemen across different ...

Abu Dhabi / WAM The International Renewable Energy Agency (IRENA), launched the Global Commission on the Geopolitics of Energy Transformation, with the support of the governments of Germany, Norway and the UAE. Chaired by Olafur Grimsson, the former President of Iceland, the Commission will examine the immediate and longer-term geopolitical implications of global energy transformation driven by large scale-up of ...

Dubai / WAM The Business Registration and Licencing (BRL), sector in Dubai Economy witnessed 288,878 transactions, including 19,877 new licences, during 2017, showing the activity recorded on ‘Business Map’ digital platform. The ‘Business Map’ tracks BRL activity and seeks to reflect economic realities in Dubai by providing vital data on each category of licences including their numbers and category-wise distribution ...

Bloomberg Tesla Inc. helped electric vehicles gain a mainstream foothold in the US by starting with luxury cars and then moving down-market. India’s nascent transition to EVs is heading in the opposite direction. Many consumers will get their first taste of electric vehicles from public-transit systems and corporate fleets in India, where car ownership per 1,000 citizens is just 20, ...

Bloomberg Chinese smartphone maker ZTE Corp. aims to launch a smartphone with faster 5G internet capabilities in about a year, according to Lixin Cheng, chief executive officer of the company’s mobile device business. The device would be introduced in the US at the end of 2018 or early 2019, Cheng said in an interview with Bloomberg News. Plans may change ...