News

  Dubai / WAM The Dubai Gold and Commodities Exchange (DGCX), the Dubai Multi Commodities Centre (DMCC) and RAKBANK signed a Memorandum of Understanding (MoU) on Saturday for the development of bullion products. One product that is in immediate consideration is a Retail Spot Gold contract that could be specifically targeted for retail investors and traders. All products will be submitted ...

  Dubai / WAM Dar Al Ber Society (DABS) launched an emergency relief campaign for the benefit of the Somali people hit by a massive famine and drought that reportedly killed many people and domestic animals. Khalfan Khalifa Al Mazrouie, Chairman of DABS, said the relief drive is a translation of the UAE charitable and humanitarian policy, and is in line ...

  Sharjah / WAM The Sharjah-based non-profit children’s organisation, the Kalimat Foundation for Children’s Empowerment (KFCE) participated in the “Bridging Worlds: Reaching Out to Young Refugees with Books and Stories” conference at the Bologna Children’s Book Fair, in support of the global movement to empower children with humanitarian and cultural aid in areas affected by conflict, natural disasters and other difficult ...

  Dubai / WAM Dubai Customs announced it will offer 144 vacancies for Emiratis during its participation in Careers UAE, organised by the Dubai World Trade Centre from April 9-11, 2017. The event will be held under the theme “Innovative Work Environment Searches for you”. “Dubai Customs will introduce its opportunities and initiatives to talented nationals,” said Farid Hassan Al Marzouqi, ...

  Abu Dhabi / Emirates Business Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi) is attending Saudi Arabia’s largest travel trade event in Riyadh ahead of a promotional tour to boost inbound visitor numbers, in a move to strengthen existing cooperation with the Kingdom of Saudi Arabia. TCA Abu Dhabi, which is a strategic partner of the Riyadh Travel ...

  Dubai / Emirates Business Superior entertainment and silver screen blockbusters will soon have a new address, as Cityland Mall – UAE’s first nature-inspired mall scheduled for launch in the second quarter of 2018 beside Global Village –signed the Majid Al Futtaim Cinemas’ brand VOX Cinemas as its official cinema provider. Fahimuddin Sharfuddin, Chief Executive Officer and Board Member, Cityland ...

  Dubai / Emirates Business Dubai Culture & Arts Authority (Dubai Culture), the Emirate’s dedicated entity for culture, arts and heritage, recently hosted a specialised talk in collaboration with the British Council at the Etihad Museum as part of its support for UK/UAE 2017 a Year of Creative Collaboration. The talk – ‘Disability Access in the Museum Environment’ – was ...

  Bloomberg A Republican proposal to undo Obama-era net neutrality rules would hand responsibility to prevent abuses by internet service providers to an agency that critics say lacks adequate power. US Federal Communications Commission Chairman Ajit Pai is said to be planning a proposal to strip his agency of strong authority over broadband and let the Federal Trade Commission police ...

  Bloomberg The two-faced nature of Canada’s labor market was on full display as employers continued to hire but resisted raising wages. Canada added 19,400 jobs in March, for an employment gain of 276,400 over the past 12 months, Statistics Canada said from Ottawa. Yet, the pace of annual wage rate increases fell to 1.1 percent, the lowest since the ...

  Bloomberg A British court backed the government’s decision to sell its Green Investment Bank Plc to a consortium led by Macquarie Group Ltd., rejecting a request from a rival bidder to review decisions about the sale made by ministers. Sustainable Development Capital LLP, or SDCL, had asked the High Court for a judicial review of the planned sale of ...