News

Dubai / WAM Dubai-based master developer Nakheel is gearing up to unveil a diverse range of projects, with a collective value of collectively more than AED3.2 billion, at Cityscape Global 2017 next week, with the launch of six new residential, retail and hospitality developments at four of its communities in Dubai, including its world-famous flagship master development, Palm Jumeirah. The ...

Dubai / WAM The Roads and Transport Authority (RTA) has revealed that the total number of passengers lifted by public transport and taxicabs in Dubai during Eid al-Adha holiday has topped 5,454,714. “The RTA has lifted 5,454,714 passengers during Eid al-Adha holiday, where the number of Metro riders reached 1,829,356 passengers; with 1,177,502 passengers carried on the Red Line compared ...

Abu Dhabi / WAM A total of 561 cyberattacks against government, semi-government and private sector entities in the UAE were foiled by the Telecommunications Regulations Authority during the first half of the year, according to TRA statistics. The attacks stymied during the first six months of the year account for 53% of total offensive maneuvers foiled throughout 2016, which reflects ...

Abu Dhabi / Emirates Business Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi) and TUI Group brought a group of travel and tourism journalists from the Ukraine to the UAE capital to highlight Abu Dhabi’s leisure attractions to the Ukrainian market. TUI Group, one of the leading tour advisors in the region, liaised with TCA Abu Dhabi in promoting ...

Ras Al Khaimah / Emirates Business Ras Al Khaimah Economic Zone (RAKEZ) announces its sponsorship of the 3rd annual Free Trade and Special Economic Zone Summit set to take place from September 13-14 in Shanghai Marriott Hotel City Centre, China. The two-day event is one of the major international business summits, which is expected to gather over 300 senior executives ...

Dubai / WAM NMC Health announced that it has been promoted to the UK’s leading FTSE 100 index. The company has emerged as the first Middle Eastern company to be listed on the prestigious index, which is made up of the top 100 companies listed on the London Stock Exchange with the highest market capitalisation, indicating strong results and a ...

Sharjah / WAM The Sharjah Public Works Department handed over Diba Al Hisn Model Nursery to the Sharjah Education Council. The Department said the fully-serviced and equipped childcare facility is part of phase one of a project ordered by HH Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah. He has called for establishing 66 ...

Dubai / WAM Emirates Islamic’s net profit for the first half of 2017 stood at AED387 million compared to AED137 million for the same period last year, reflecting the success of its investment deposits. One-year deposits offered 1.95 percent per annum in the second quarter of 2017, up by 50 bps since the end of 2016, while two-year deposits offered ...

Dubai / WAM The Ajman Chamber of Commerce and Industry (ACCI), signed a Memorandum of Understanding (MoU) with the Department of Economic Development in Dubai (DED-Dubai), to foster the cooperation and exchange of experiences between both sides. The MoU was signed by Salem Al Suwaidi, Director-General of Ajman Chamber, and Ali Ibrahim, Acting Director-General of DED-Dubai, at the Chamber’s headquarters. Through ...

Dubai / WAM The National Committee on Sustainable Development Goals presented, during its 3rd meeting this year, the UAE’s plan to achieve its sustainable development goals, to be included in the agenda of next year’s United Nations, UN, High-level Political Forum. The meeting in Dubai was headed by Reem bint Ibrahim Al Hashimy, Minister of State for International Cooperation, Chairwoman ...