News

UAE pledges AED197mn to support seven key INTERPOL projects

  Abu Dhabi / WAM The UAE announced on Monday a contribution of AED 197 million (EUR 50 million) to the INTERPOL Foundation for a Safer World to support seven INTERPOL projects designed to combat global crime and terrorism ahead of the first Unity for Security Forum in Abu Dhabi. Held under the patronage of His Highness Sheikh Khalifa bin ...

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Mohammed opens GMIS

  Abu Dhabi / WAM The Inaugural edition of the Global Manufacturing and Industrialisation Summit (GMIS) was officially opened on Monday evening in the presence of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai. The Summit is being held under the patronage of His Highness Sheikh Mohamed bin Zayed ...

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Abu Dhabi Media wins 3 ‘Digital Studio Awards’

  Abu Dhabi / Emirates Business Abu Dhabi TV Network, part of Abu Dhabi Media, has won three strategic ‘Digital Studio 2017’ awards at the CABSAT 2017 Dubai exhibition, underscoring the network’s leading role in the regional media industry. The prestigious awards highlight the commendable status and values of Abu Dhabi Media’s television network, which adopts the highest professional standards ...

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World Aviation Safety Summit to assess ban of electronics on flights

  Dubai / WAM The impact of the ban by the United States (US) and the United Kingdom (UK) on electronics from Muslim-majority countries will be cross-examined at the World Aviation Safety Summit’s fifth edition on April 11-12 in Dubai. Industry leaders will debate how these bans will impact the industry and the best way to deal with such significant changes ...

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Emiratis invest AED112bn in industrial sector in 2016

  Abu Dhabi / WAM Emirati investments in the industrial sector amounted to AED112 billion in 2016, accounting for 86 percent of the total investments in this vital sector to the national economy, UAE Minister of Economy Sultan bin Saeed Al Mansouri has said. Ahead of the Global Manufacturing & Industrialisation Summit, GMIS, to be held on March 27-30 for ...

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905 new Gulf firms joined DCCI in 2016

  Dubai / WAM The Emirate of Dubai is attracting a growing number of newly established Gulf companies, maintaining its competitive business and investment edge, according to statistics released by the Dubai Chamber of Commerce and Industry (DCCI) recently. In a statement to Sharjah-based Al Khaleej newspaper, Hamad Buamim, DCCI Director-General, said that up to 905 new Gulf companies joined DCCI ...

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Mother of the Nation Festival taps importance of water sustainability

  Abu Dhabi / WAM Miyah – World of Water, an interactive installation illustrating the importance of global water sustainability, will debut at this year’s Mother of the Nation Festival taking place from March 26- April 4 on the Abu Dhabi Corniche. The installation aims to shed light on the value of water preservation while outlining its role in sustaining ...

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Over 3mn counterfeit goods seized in Dubai in 7 days

  Dubai / WAM Over three million counterfeit products of more than 30 renowned brands were confiscated in Dubai within a week after Dubai Economy raided four warehouses in the emirate as part of its strategic focus to protect intellectual property and the rights of trademark owners and consumers. One of the warehouses had a stock of over one million pieces ...

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US travel sector to take a beating under Trump

  Bloomberg Like many Washington lobby groups, the US Travel Association was quick to congratulate the new president on his victory last November. “We are encouraged that Mr Trump’s extensive business and hospitality background … will make him a ready and receptive ear,” the trade organization said. Upon the Republican’s inauguration, the USTA’s chief executive, Roger Dow, pledged the industry ...

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BT to pay $429mn for late network installs

  Bloomberg BT Group Plc was fined a record 42 million pounds ($53 million) and ordered to reimburse another 300 million pounds to competitors after an investigation found the former phone monopoly failed to adequately compensate them for broadband service delays. The UK communications regulator Ofcom found a “serious breach” of rules in place to protect competitors who rely on ...

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