News

Dubai / Emirates Business Dubai Investments Park [DIP], the unique integrated commercial, industrial and residential community in the Middle East and a wholly-owned subsidiary of Dubai Investments PJSC, announced that 280 new sub-tenants have leased premises within DIP between January and April 2017, reinforcing its surging reputation as the preferred and most sought-after business destination in region. The new leases ...

Dubai / WAM DAMAC Properties, a leading real estate developer in the region, held its first awards ceremony to recognise top real estate brokers in the UAE, rewarding them for their contribution to the company’s sales volumes in the first quarter of 2017. More than 20 agents received special recognition for their high achievements in the sales of villas and ...

Dubai / Emirates Business The Dubai Chamber of Commerce and Industry (DCCI) recently hosted a roundtable that examined the role of Dubai’s private sector in supporting the UAE’s Year of Giving, which identified ways businesses can align their corporate social responsibility (CSR) and sustainability practices with the national initiative. The event, organised by the Chamber’s Centre for Responsible Business, was ...

Abu Dhabi / WAM In its latest Global Investment Outlook presentation, Abu Dhabi Islamic Bank (ADIB), suggested that investors should consider taking an “overweight” position on GCC and European equities as well as the Japanese yen. “Reaching out to our customers and offering them our unique insights into the global investment landscape is central to our mission as trusted financial ...

Abu Dhabi / WAM Etihad Airways on Tuesday announced plans to boost its European Dreamliner network with the deployment of Boeing 787-9 aircraft to Amsterdam and Madrid. The 299-seat Dreamliners will be introduced on year-round scheduled services to Amsterdam from September 1, and to Madrid from October 1, joining Dusseldorf and Zurich as the airline’s other European Dreamliner services. The ...

Dubai / WAM Senior officials from the Roads and Transport Authority (RTA), and Dubai Police have met to discuss road safety strategies in preparation for Dubai hosting Expo 2020. Mattar Al Tayer, RTA Director-General and Chairman of the Board of Executive Directors, and Major General Abdullah Khalifa Al Marri, Commander-in-Chief of Dubai Police, discussed the Dubai Traffic Safety Strategy and ...

Abu Dhabi / WAM To celebrate the #Year of Giving, Etihad Guest has launched a special Ramadan campaign with Emirates Red Crescent (ERC), to provide thousands of meals to families and children in need in Somalia. Members of Etihad Airways’ award-winning loyalty programme can donate their miles to the emergency response in the African country, with 750 Etihad Guest Miles ...

Dubai / WAM Dubai Electricity and Water Authority (DEWA), announced that it awarded the contract for the third phase of K-Station at Jebel Ali Power Station to Spanish company Duro Felguera, worth AED798 million. The project includes the supply, installation, testing and launch of 2 F-type gas turbines from Siemens AG that will produce 590MW at 50 degrees centigrade. The ...

Ajman / WAM Abdulrahman Mohamed Abdullah Al Nuaimi, Director-General of the Municipality and Planning Department, has launched the strategic project ‘Sanad’ in cooperation with Huawei, the giant telecommunications and information technology corporation. The project aims to build and update technical infrastructure services by applying the latest and advanced technology that ensures information and networks security, agility, and easily converting to ...

Sharjah / WAM The Sharjah Economic Development Department (SEDD), has launched the “Consumer Empowerment Index” to measure consumers’ knowledge about a number of policies, initiatives and standards of the product and the market. The Index has been released to reveal wrong practices committed by consumers when purchasing, as well as to facilitate the procedure of claiming consumers’ rights. The Department ...