News

FUJAIRAH / WAM The newly established Fujairah Terminals, under the management of Abu Dhabi Ports, welcomed its first container feeder vessel, the Dubai Alliance. This is the first ship to arrive at the terminal, which is wholly owned by Abu Dhabi Ports, the master developer, operator and manager of commercial and community ports within the emirate of Abu Dhabi, Fujairah ...

ABU DHABI / WAM Abu Dhabi City Municipality (ADM) has carried out a comprehensive campaign at old and new Al Falah as well as surrounding areas in collaboration with strategic partners. The campaign aimed to verify that stipulations set for protecting the appearance of the city are implemented, and removal of all distorting elements is carried out. The campaign focused ...

DUBAI / Emirates Business The GCC projects market had a muted performance in the first half of 2017, but is expected to perform better in the second six months of the year as the region’s economies continue to adjust to lower oil prices. According to the latest data from MEED Projects, the region’s leading projects tracking and analysis service, $56bn ...

DUBAI / Emirates Business Intralogistics managers at next month’s Materials Handling Middle East exhibition in Dubai will learn how they can optimise the flow of goods in an automated warehouse using virtual reality 3D technology. Armed with HTC Vive Goggles, supply chain heads will experience how different technologies in fully automated warehouses such as robotics and Industry 4.0 can work ...

Abu Dhabi / Emirates Business Abu Dhabi University’s (ADU) new Dubai Campus, which is set to welcome students with the start of the new academic year, engaged in developing several strategic initiatives with leading organisations and industry leaders across diverse sectors in the UAE. In commemoration of the World Photography Day, and in line with the University’s strategy to encourage ...

MUSCAT / WAM Abu Dhabi’s renewable energy company (Masdar) signed an Engineering, Procurement and Construction (EPC) contract with a global consortium comprising GE and Spain’s TSK to build the Dhofar Wind Power Project, the first large-scale wind farm in Oman and the GCC. The Dhofar Wind Power Project is a result of the joint development agreement that was established in ...

ABU DHABI / WAM Spanning crucial sectors, such as agriculture, housing, energy, transport, industry and health as well as social services, to date, the Abu Dhabi Fund for Development (ADFD) has allocated AED1.2 billion in Abu Dhabi government grants and concessionary loans to 18 development projects in Afghanistan. According to an ADFD country report marking Afghanistan’s Independence Day on August ...

DUBAI / WAM The Dubai Gold & Commodities Exchange (DGCX) and Ayedh Dejem Group, a conglomerate from the Kingdom of Saudi Arabia, have agreed to develop and launch the Middle East’s first-ever Shariah-compliant spot gold contract to be traded on an international exchange. The partnership enables both entities to increase their presence in the Saudi Arabian and wider GCC Islamic ...

SHARJAH / wam The Sharjah FDI Forum 2017 will host a series of panel discussions conducted by regional and international investment experts. The annual foreign direct investment (FDI) event is held under the patronage of HH Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah. Taking place on September 19 and 20, the third Sharjah ...

ABU DHABI / WAM The Abu Dhabi Chamber of Commerce and Industry, in co-operation with the Federal Tax Authority, has organised an awareness workshop on applying the tax system in the UAE, titled “VAT for Real Estate Sector and Registration Mechanism.” The workshop aimed at spreading awareness among real estate companies on the mechanism of applying value added tax (VAT) ...