News

ABU DHABI / WAM The Board of Directors of the UAE Central Bank has held its 4th meeting for 2017 under the chairmanship of Khalifa Mohammed Al Kindi, Chairman of the Board. The meeting was attended by Khalid Juma Al Majid, Deputy Chairman, Mubarak Rashed Al Mansoori, the Governor, and Board members.

Abu Dhabi / Emirates Business The financing for Phase 3 of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai has been completed. This marks the latest significant milestone for the Masdar-led consortium, with EDF Group’s subsidiary, EDF Energies Nouvelles, which is developing the 800 MW project in partnership with Dubai Electricity and Water Authority (DEWA). A sophisticated financing ...

Dubai / WAM Inspections carried out by Dubai Municipality before and during the first week of the Holy Month of Ramadan have confirmed that 91 percent of food establishments that display food outside are complying with the hygiene regulations of the Municipality. The inspection also found eight foodstuff warehouses that are non-compliant. Sultan Ali Al Tahir, Head of Food Inspection ...

Dubai / Emirates Business The Dubai Chamber of Commerce and Industry recently organised a series of charitable activities to mark Zayed Humanitarian Day and the support the UAE’s Year of Giving initiative. Organised in collaboration with the Angel Appeal charitable initiative, more than 100 Chamber employees volunteered their time to pack 1,000 Ramadan gift packs containing personal items and distributed ...

Dubai / Emirates Business ENOC Group signed an agreement with Winspec Marine, Singapore’s leading provider of freight-forwarding and logistics. The agreement enables Winspec Singapore to become a key distributor of ENOC’s marine lubricants in Singapore, enabling the expansion of the Group’s lubricants portfolio in one of its key markets. His Excellency Saif Humaid Al Falasi, Group CEO, ENOC, said: “Over ...

Dubai / WAM In a bid to provide Dubai residents with international specialised medical care, the Dubai Health Authority (DHA), is hosting visiting doctors who are currently practicing medicine in countries such as the Italy, US, and Germany. Abdulrahman Mohammad Al Owghani, Director of General Foreign Relations and Media Department at DHA, said that this is an ongoing programme and ...

dubai / emirates business National Bonds Corporation, the leading sharia-compliant savings and investment company in the UAE, announced the results of its financial health check for H1 2017 (from January until June). The National Bonds financial health check spans four main categories – monthly saving for married couples, retirement saving for people aged 41 to 55 years old, on time ...

Abu Dhabi / WAM Dr Amal Abdullah Al Qubaisi, Speaker of Federal National Council (FNC) has emphasised that the prestigious status of UAE as the biggest donor of developmental aid in the world reflects the vision of the founding father, the late Sheikh Zayed bin Sultan Al Nahyan, and represents the culmination of his efforts to establish the country’s commitment ...

Dubai / Emirates Business Jabal Omar Development Company (JODC), the region’s leading real estate development company, on Wednesday announced that Emaar Hospitality Group’s premium luxury hotel brand Address Hotels + Resorts has been selected to manage its flagship hospitality project in the Holy City of Makkah. This also marks the first expansion of Address Hotels + Resorts to the Kingdom ...

Dubai / WAM The Dubai Charity Association (DCA), announced a project to build a charity complex costing AED1 million, which will carry the name of the late founding father Sheikh Zayed bin Sultan Al Nahyan, in the Jayhoun area of Tajikistan, on the occasion of Zayed Humanitarian Work Day. The project will include the construction and launch of a mosque, ...