News

  Dubai / WAM AED396 million worth of business deals were sealed at the 17th edition of the Dubai World Dermatology and Laser Conference and Exhibition, known as Dubai Derma, which concluded on Wednesday. Some 540 companies from 85 countries took part in the three-day event, which included participation from around 15,000 visitors, according to Dr. Abdul Salam Al Madani, Executive ...

  Dubai / WAM Middle East airports are making massive investments towards expansion projects to drive global aviation growth and attract global manufacturers and suppliers to explore business opportunities in the region’s aviation sector. In order to address a capacity gap, over $100 billion worth of airport projects is underway and planned across the Middle East, according to a recent report ...

  Abu Dhabi / Emirates Business Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has been included as a Participating Insurer (PI) by the Dubai Health Authority (DHA) to offer health insurance coverage under its Essential Benefits Plan. Speaking on ADNIC’s appointment as a PI for the DHA, Ahmad Idris, ...

  Abu Dhabi / WAM Abu Dhabi Police have managed, in less than 24 hours, to arrest four Asian hackers who had stolen more than AED1 million from unsuspecting consumers’ financial accounts by installing skimmer devices on ATMs across the country . Anti-cyber crime experts from Abu Dhabi Criminal Investigation Department (CID) unraveled the mystery behind the crime in which the ...

  Abu Dhabi / WAM HH Sheikh Hamed bin Zayed Al Nahyan, Chief of the Abu Dhabi Crown Prince’s Court, attended on Wednesday the closing of the ‘Zayed 2’ joint military exercise in the UAE’s territories, between the UAE Armed Forces and the Egyptian Armed Forces. The event was also attended by Lt. General Hamad Mohammed Thani Al Rumaithi, Chief of ...

  Abu Dhabi / WAM Abu Dhabi’s advanced composite aerostructures manufacturing facility Strata Manufacturing, on Wednesday unveiled plans for its second facility at Nibras Al Ain Aerospace Park. The Strata 2.0 facility will more than double Strata’s existing capacity and sets the company on a firm path towards Abu Dhabi’s long-term goal of achieving economic diversification and driving global competitiveness for ...

  Abu Dhabi / WAM Abu Dhabi Tourism and Culture Authority (TCA Abu Dhabi) announced that it is embarking on two separate trips to five cities across China in March and May to capitalise on the growing popularity of the emirate as a tourist destination from Asia. Inbound visitor arrivals from China have seen dramatic rises over the past few years, ...

  Abu Dhabi / WAM Abu Dhabi International Airport (AUH) welcomed more than 1.9 million passengers in February, registering a 2.5% increase in passenger traffic compared to February, 2016. Terminal 3 at the airport registered a 26.2% growth in passenger traffic and 28.6% increase in flight traffic. Passenger traffic to and from Saudi Arabia increased significantly to 13.3% due to new ...

  ABU DHABI / WAM The UAE bank credit to the industrial sector grew by 190 percent to AED70 billion over the past decade, accounting for 4.8 percent of the total loans channelled to business sectors in the UAE by the end of 2016, according to the UAE’s Central Bank recent data. Bank industrial credit for foreigners in the country ...

  Abu Dhabi / Emirates Business ADNOC Distribution has announced the opening of Al Ramla ADNOC Xpress station in Shakhbout City in Abu Dhabi as the latest stage of phase one of its plan to open 10 such stations to serve the most congested areas of the city and its suburbs. The new station is the eighth ADNOC Xpress station ...