News

  Dubai / Emirates Business A number of Arab ministers of finance, governors of central banks, presidents of financial institutions, and senior officials and experts from regional and international financial organisations will attend the second Arab Fiscal Forum, to be held in Dubai on February 12. This year’s forum will be held under the theme “Revenue diversification: outlook and challenges.” ...

  Sharjah / WAM The Sharjah Housing Directorate declared that it presented 38 people housing loans worth AED24.7 million from the Sharjah Ruler’s programme for honouring government employees. The directorate revealed that the previous deductions were returned to 19 beneficiaries from the residential support loans category amounting to AED671,000 from February with retrospective effect. Abdulaziz Shohail, Head of Administrative and Financial ...

  Dubai / WAM The International Chamber of Commerce (ICC) UAE’s Commission on Customs and Trade Facilitation recently held a meeting at Dubai Chamber of Commerce and Industry’s head office, where members discussed plans for the current year and approved the commission’s programme of action for 2017. In a meeting held by the International Chamber of Commerce (ICC) UAE’s Commission on ...

  Abu Dhabi / WAM Masdar, Abu Dhabi’s renewable energy company, announced on Thursday that its second large-scale offshore wind farm in the United Kingdom has started supplying electricity to British homes. Around six thousand households are now receiving power from the Dudgeon Offshore Wind Farm after the project’s first turbine began operating today. Sixty-seven 6-megawatt (MW) turbines will be installed ...

  Dubai / WAM The Roads and Transport Authority (RTA) won the Big Project ME Award in the “Sustainable Government Department of the Year” category, presented by the CPI Media Group for distinguished performance in the field of sustainability and construction. The award was collected by Nasir BuShehab, CEO of Strategy and Corporate Governance and Head of Energy and Green Economy ...

  Dubai / WAM The Health and Safety Department of Dubai Municipality has discussed its proposed plan to provide training to salon workers in the emirate. The civic body held a meeting with 45 certified training companies on health and safety requirements, to discuss in detail the training programmes for salons and Personal Care Centres for men and women. Redha Salman, ...

  Dubai / WAM The government is installing water-saving gadgets for 63,000 citizens in the northern parts of the country after running a successful pilot programme, according to Suhail Al Mazrouei, Minister of Energy and Chairman of the Federal Electricity and Water Authority (FEWA). “The water conservation technology is being installed free of charge as part of FEWA’s efforts to advance ...

  Sharjah / WAM Bee’ah, a Sharjah-based environmental management company, said that a contract for sustainable engineering would be supported by the UK Export Finance (UKEF) the UK’s export credit agency. The UKEF is extending its support to a Sharjah-based project for the first time, thus showing its dedication to sustainable engineering worldwide and also placing Sharjah as an attractive investment ...

  Dubai / Emirates Business In another UAE first, du joins hands with the 5-star UAE airline, Etihad Airways, to offer its premium customers unmatched benefits including data and Etihad Guest Miles with the all new Smart Plan Platinum. For the first time in the market, du is also introducing 5GB roaming data to its postpaid plan to ensure that ...

  Sharjah / Emirates Business Air Arabia (PJSC) on Thursday announced full-year financial results for 2016 as the Middle East and North Africa’s first and largest low-cost carrier continued to deliver healthy growth and strong levels of profitability despite challenging market conditions. Air Arabia’s net profit for the full year ending December 31, 2016 was AED 509 million, a 4 ...