News

  DUBAI / WAM The UAE has celebrated the 41st Anniversary of the Army Unification Day, recalling the memories of the founding fathers notably the late Sheikh Zayed bin Sultan Al Nahyan who managed through their diligence and will to build the Union and unify the Armed Forces under one command, one banner, and had worked collectively to consolidate the ...

  ABU DHABI / WAM Abu Dhabi has maintained its position as the number one destination in the UAE for guest satisfaction in a report by travel and hotel data specialist organisation, Olery. The report’s findings highlight Abu Dhabi’s leading position among cities in the Arabian Gulf, with the overall Guest Experience Index registering an 82.8 score, up from 82.2 ...

  Dubai / WAM The Board of Executive Directors of Roads and Transport Authority (RTA), chaired by Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of RTA, awarded AED375 million contract for the construction of tunnels and roads leading to the Jewel of the Creek Project. The awarding of the contract was coordinated with the Dubai ...

  Abu Dhabi / Emirates Business Following the strong demand for the first two towers of The Bridges at Cityscape Abu Dhabi 2017, Aldar has subsequently sold out all homes in the development’s third tower in just 4 hours generating a total value of AED 600 million across all 3 towers. The Bridges comprises six canal-side towers, of which two ...

  Abu Dhabi / WAM Abu Dhabi Fund for Development (ADFD), financed AED700 million worth of development projects in Bangladesh. In a report, the Fund said that it has provided the Bangladeshi government with grants and concessionary loans to fund nine development projects. These projects covered several sectors including industry, energy, and infrastructure. Mohammed Saif Al Suwaidi, Director General of ADFD ...

  Abu Dhabi / WAM Abu Dhabi Securities Exchange (ADX) hosted a briefing session on the capital restructuring of United Insurance Company (UIC), in an effort to maintain the positive links between the exchange and its listed companies, brokers, and investors. ADX Chief Executive, Rashed Al Blooshi, UIC Board Member, Nawwaf Ghobash, and senior management from both sides, as well as ...

  Dubai / Emirates Business A concerted focus on infrastructure development paired with economic diversification is expected to revive the Gulf region’s commercial vehicle market, providing impressive business opportunities for auto manufacturers and aftermarket sellers. According to a March 2017 report from analysts TechSci Research, approximately 240,000 commercial vehicles (CVs) were sold in the Gulf Cooperation Council (GCC) in 2016, ...

  Dubai / Emirates Business The National Happiness and Positivity Programme launched the ‘100 Days of Giving’ initiative, targeting UAE private and public school students, in co-operation with the UAE Ministry of Education, the Abu Dhabi Education Council (ADEC), and Dubai’s Knowledge and Human Development Authority (KHDA). The nationwide initiative aims to instil and cultivate value of giving back to ...

  Sharjah / WAM The Environment and Protected Areas Authority (EPAA), will soon unveil details of the 18th edition of the Sir Bu Nair Festival, which will start from next Thursday in Sharjah. The festival, organised annually by the EPAA, aims to highlight Sharjah’s efforts in maintaining the legacy of the emirate’s environmental and cultural heritage. It also serves to underline ...

  Dubai / WAM The Ministry of Climate Change and Environment (MoCCaE), confirmed that rumours being circulated on social media about pollution in the UAE waters is not true. Salah Abdullah Al Rayssi, Director of the Sustainability of Marine and Coastal Environments at MoCCaE, reaffirmed that specialised teams regularly monitor water quality in the UAE through sampling and analysis to ensure ...