News

  Bloomberg Morgan Stanley President Colm Kelleher, who runs the firm’s investment bank and retail brokerage, received $19.5 million for his work last year, a 27 percent increase. Kelleher, 59, was paid $1.67 million in salary, $6.88 million in deferred cash and $2.4 million in deferred stock, the New York-based bank said in a regulatory filing. He also got a ...

  DUBAI / WAM The Dubai Electricity and Water Authority (DEWA) unveiled its plans to build three new 400 kilovolt (kV) substations over the next three years, with an allocated budget of AED1 billion. The three substations will be added to DEWA’s 21 existing substations. DEWA is working in adherence with its strategy of increasing the efficiency of electricity services ...

  ABU DHABI / WAM Petrochemical producers, extrusion technology providers, packaging equipment manufacturers, plastic converters and compounders, food producers, traders, consultants and investors will gather in Abu Dhabi on Sunday, April 9, to chart the course for growth and sustainability of the GCC plastics conversion industry. The 8th edition of GPCA PlastiCon, organised by Gulf Petrochemicals and Chemicals Association (GPCA), ...

  DUBAI / WAM The 17th edition of Careers UAE, country’s leading recruitment exhibition for Emiratis, opens at Dubai World Trade Centre (DWTC) on April 9, where scores of public and private sector organisations from the region and across the world are preparing to meet, select and interview the best Emirati talent. With UAE school and university enrolment set to ...

  DUBAI / WAM Abdullah Sultan Al Owais, Chairman of the Sharjah Chamber Commerce and Industry (SCCI), reaffirmed the chamber’s keenness on contributing to the strengthening and development of the emirate’s economic ties with different countries around the world, especially in Africa, which represents a promising market and offers great opportunities for Emirati businessmen. ‘‘SCCI will strive through the means ...

  London / WAM His Highness Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah,and his wife, Sheikha Jawaher bint Mohammed Al Qasimi, Founder and Royal Patron of the Friends of Cancer Patients (FoCP), inaugurated the ‘Sharjah Laboratory’ at the Francis Crick Institute in London. The Sharjah Lab is part of the Francis Crick Institute, the ...

  Dubai / WAM Dubai Economy issued more than 170,000 commercial licenses over the last 25 years, a 650 percent increase over the 28,000 licenses issued in its first year in 1992, revealed Sami Al Qamzi, Director-General of Dubai Economy. “The Business Registration & Licensing (BRL) sector in Dubai Economy serves more than 150,000 businesses in the emirate, conducting approximately 430,000 ...

  Dubai / WAM The Roads and Transport Authority (RTA) is set to hold the 4th edition of the Dubai International Project Management Forum (DIPMF) from November 20-21, 2017, in collaboration with Dubai Electricity and Water Authority (DEWA), Emaar Properties and the Project Management Institute (PMI). ‘Making a Difference’ has been endorsed as a theme of this year’s event; which will ...

  Dubai / WAM The Ministry of Health and Prevention issued a circular warning about the dangers of misusing ethyl chloride spray, which has recently gained interest among adolescent students who have been purchasing it from various social networking sites, e-commerce websites, private pharmacies and speciality stores. The circular states that the substance is a local anaesthetic that affects the central ...

  Abu Dhabi / WAM Under the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, the United Arab Emirates is determined to step up its humanitarian initiatives to help the displaced people and refugees around the world, said HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the Emirates Red Crescent ...