News

Abu Dhabi / WAM In support of the 2017 #Year of Giving initiative, launched by President His Highness Sheikh Khalifa bin Zayed Al Nahyan, the Federal Authority for Nuclear Regulation (FANR), has launched its “Give-Back” initiative which aims to support the pillars of the Year of Giving which include corporate social responsibility (CSR), volunteering, and serving the nation. FANR’s Give-Back Initiative ...

Dubai / Emirates Business Global leaders will descend on Dubai for the Africa Legal Network’s (ALN) 4th Annual International Conference on October 4-5 at the Park Hyatt, Dubai, UAE. The invite-only event will bring together high-calibre and relevant business professionals and government representatives to discuss opportunities for foreign investment in Africa. The African continent is expected to grow to a ...

Dubai / Emirates Business The Dubai Chamber of Commerce and Industry (DCCI) signed a memorandum of understanding (MoU) with Souq.com in a move designed to facilitate cooperation between the two entities and expand Chamber members’ access to the region’s e-commerce. Under the terms of the agreement, Dubai Chamber members can avail exclusive benefits offered by Souq.com, including free access to ...

Dubai / WAM Dubai Electronic Security Centre (DESC), signed an MoU with the University of Dubai to promote research in information security, telecommunications and information systems. The MoU was signed by Yousuf Hamad Al Shaibani, Chief Executive Director of DESC and Dr. Essa Mohammed Al Bastaki, Director of University of Dubai, in the presence of a number of representatives from ...

Abu Dhabi / WAM The UAE equities are forging ahead with their winning streak for the second day running amidst a positive mood prevailing following Emaar’s outperformance which saw its share edge toward the AED8.00 mark for the first time in a year, closing at AED7.91 in Tuesday’s session. The upbeat sentiments created by Emaar’s announced IPO last week drove ...

Sharjah / Emirates Business Expo Centre Sharjah is all set to become the most visited retail and leisure destination this season, as the 16-day Ramadan Nights will begin from June 15. Being held as part of Sharjah Ramadan Festival organised by the Sharjah Chamber of Commerce and Industry, the Ramadan Nights will incorporate all the elements to help residents and ...

Abu Dhabi / WAM Abu Dhabi has been selected as the host destination for the next edition of the International Council of Nurses Congress. The event, held every four years, is organised by the International Council of Nurses, ICN, the 2021 edition will be hosted by the Emirates Nursing Association, ENA, and supported by Abu Dhabi Convention Bureau, a division ...

Bloomberg General Electric Co. and Baker Hughes Inc. have cleared a second major antitrust hurdle in their effort to create the world’s second-biggest oilfield services provider. GE won approval from the US Justice Department to combine its oil and gas business with Baker Hughes. The clearance follows by two weeks a similar decision by European regulators, and comes just hours ...

CAIRO / Reuters Egypt’s gross domestic product is projected to grow 5.3 percent by 2019, suggesting the economy of the most populous Arab state is recovering after years of turmoil, the World Bank has said. In its monthly Global Economic Prospects report for June, the Bank estimated Egypt’s GDP would grow 3.9 percent in the 2016-17 fiscal year, which ends ...

Bloomberg Oil held gains near $46 a barrel before US government data forecast to show crude stockpiles resumed declines after an unexpected rise. Futures climbed 0.2 percent in New York after advancing 1 percent in the previous two sessions. Inventories are forecast to have slid by 2.25 million barrels last week, according to a Bloomberg survey before an Energy Information ...