News

  Bloomberg Salesforce.com Inc. gave a first-quarter revenue forecast that fell short of analysts’ projections, hampered by rising competition from rival business-software makers with their own cloud products. Revenue in the period ending in April will be $2.34 billion to $2.35 billion, the San Francisco-based company said in a statement. Analysts projected $2.37 billion, according to data compiled by Bloomberg. ...

  DUBAI / WAM The Ministry of Finance (MoF) held the first meeting of the Government Financial Policy Coordination Council for 2017 in its premises in Dubai. The meeting was headed by Younis Haji Al Khoori, Under-Secretary of MoF and Chairman of the Government Financial Policy Coordination Council; in the presence of Saeed Rashid Al Yateem, Assistant Under-Secretary of Resources ...

  DUBAI / WAM Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has announced the release of his new book, titled ‘Ta’mulat fi Asa’adah Wl Ejabia’ (Reflections on Happiness and Positivity). Making the announcement, he said, “The book includes lessons, examples and stories based on a different life philosophy: ...

  DUBAI / Emirates Business Dubai Exports, the export promotion agency of the Department of Economic Development (DED), is all set to take major strides in connecting Dubai trade to new markets across Africa, Central Asia, Europe and South America in 2017 after achieving outstanding success in its market outreach and capability building programmes in 2016. In 2016, Dubai Exports ...

  MADRID / WAM The Global Manufacturing and Industrialisation Summit (GMIS) and the Spanish Confederation of Employers’ Organisations (CEOE) signed a strategic Memorandum of Understanding (MoU) at a high-level meeting at CEOE’s headquarters in the Spanish capital, Madrid. The agreement will see the two partners collaborate on promoting environments that are more conducive and supportive of innovation and disruption, in ...

  DUBAI / WAM Dubai Electricity and Water Authority (DEWA) won four awards at Gulf Sustainability and CSR (Corporate Social Responsibility) Awards. This new achievement demonstrates that DEWA is socially-responsible and uses world-class methods to preserve natural resources, to achieve sustainable devel- opment. DEWA got awards in the categories of Best sustainability and Education programme for its Asher initiative, Best ...

  Sharjah / WAM Hamriyah Free Zone Authority, launched its flagship project ‘Sharjah Food Park’, the region’s first and largest city dedicated to food & commercial industries, comprising of warehouses, offices and labour accommodations on a total area of over 11 million square feet. The authority announced that its new world class facility is dedicated to importing, exporting, holding and re-packaging ...

  Ajman / WAM Sheikh Rashid bin Humaid Al Nuaimi, Chairman of Ajman Municipality and Planning Department, has launched the eco-friendly electric vehicle to facilitate the work of parking monitors in the Emirate of Ajman, and set a model for entire population to use such vehicles. The inauguration ceremony was attended by Abdul Rahman Mohammed Al Nuaimi, Director – General of ...

  Dubai / WAM Awqaf and Minors Affairs Foundation (AMAF) inaugurated its new endowment residential project in Al Warqaa area in Dubai, funded by the endowment of the late Emirati philanthropist Hamel bin Khadem Al Ghaith Al Qubaisi. The Foundation will use the proceeds to finance its Family Village that provides shelter, education, psychological and healthcare support to orphans in a ...

  Dubai / WAM National Media Council (NMC) announced a series of events to support the ‘National Reading Strategy’, which is scheduled to go on until the year 2026. This is in tune with the Council’s strategic role as a federal authority mandated to support national events in terms of media and content. The NMC’s mandate includes setting media policies that ...