News

Imdaad inks $8.2mn facilities management deal with IACAD

DUBAI / WAM Imdaad, a Dubai-based facilities management (FM) firm, signed a three-year renewable agreement to provide FM services across over 500 mosques managed by the Department of Islamic Affairs and Charitable Activities (IACAD). The integrated FM contract, worth AED30 million (US$8.2 million) per annum, also includes over 1,200 homes associated with mosques. Imdaad will provide a comprehensive range of ...

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Dubai Economy, Souq.com sign ‘digital protection’ deal

DUBAI / WAM The Commercial Compliance and Consumer Protection (CCCP) sector at Dubai Economy and Souq.com, the Middle East’s largest online retail and marketplace website, have announced co-operation on the ‘Digital Protection’ initiative for consumer rights protection. The Memorandum of Understanding (MoU) signed by the CCCP and Souq.com aims at promoting consumer confidence in the region’s growing e-commerce industry and ...

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FAB named ‘best trade finance bank’ in MENA

ABU DHABI / WAM First Abu Dhabi Bank (FAB) has been recognised as the ‘Best Trade Finance Bank in MENA’ at the GTR Leaders in Trade 2016 Awards in recognition of its excellence in the trade, commodity, supply chain and export finance markets. FAB received the award at a ceremony organised by Global Trade Review, GTR, magazine, in London recently. ...

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WEF summit to discuss sustainable development

DUBAI / WAM The World Economic Forum (WEF) will convene its first Sustainable Development Impact Summit in New York on September 18-19. The Summit is dedicated to accelerating progress towards Sustainable Development Goals and Paris climate agreement through public-private cooperation and the application of technologies of the Fourth Industrial Revolution. Building on conversations at the Forum’s Annual Meeting 2017 in ...

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Cruise season welcomes 625,000 tourists to Dubai

Dubai / Emirates Business The 2016/2017 Dubai Cruise season officially concluded with the departure of the season’s final ship, the C.S. Sea Princess, from Port Rashid recently. After a stopover in Dubai, the luxury ship’s only port of call in the GCC, the C.S. Sea Princess continued her voyage to Aqaba as part of a 104-nights round trip around the ...

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2.89mn passengers used public transport during Eid holiday

Dubai / WAM The Roads and Transport Authority (RTA), revealed that a total of 2,891,557 people used public transport in Dubai during the Eid Al Fitr holiday. Nasir Hamad Bu Shehab, CEO of the Strategy and Corporate Governance Sector, RTA, said, “During the Eid Al Fitr holiday, the Dubai Metro carried 1,500,899 riders between the Red Line (980,278) and the ...

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EAG launches initiative to support autism awareness

Abu Dhabi / Emirates Business Etihad Aviation Group (EAG) recently hosted ‘A Wish Comes True’ day as part of the ‘Road to Happiness’ initiative in support of autism awareness, in collaboration with the Emirates Autism Society. Ali Abdullah Mohammed Al Dosari (pictured above centre), a 13-year old autistic child who always dreamed of becoming a pilot, finally realised his dream ...

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ADNOC opens Mahawi North service station

Abu Dhabi / Emirates Business ADNOC Distribution opened the Mahawi North service station, located in the Mahawi area on the Abu Dhabi – Al Ain highway. This new addition takes the total number of stations in Abu Dhabi city and its suburbs to 98 service station and 10 ADNOC Xpress. Throughout 6 islands and 12 dispensers; Mahawi service station will ...

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Yas Mall breaks traffic, sales record with 24-hour mega sale

Abu Dhabi / Emirates Business Yas Mall, the leading destination for leisure, entertainment, retail and dining destination located at the heart of Yas Island, witnessed an overwhelming success during the first day of Eid Al Fitr, as visitors flooded the island and mall to benefit from the first ever 24-hour Mega Sale in Abu Dhabi launched by the mall. The ...

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Manufacturing sector to become major contributor to UAE economy

Dubai / WAM The manufacturing industry in the UAE is expected to become one of the highest contributors to the country’s economy with a robust infrastructure, strategic location and significant subsidies for manufacturers. With the support of Dubai Exports as a government partner, Expotrade is organising the Future Manufacturing and Trade Summit, earlier called the GCC Manufacturing Excellence and Technology ...

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