News

Majid Al Futtaim announces AED300mn Masdar City mall

  ABU DHABI / Emirates Business The Middle East and North Africa’s leading shopping mall, retail and leisure pioneer, Majid Al Futtaim, continues its expansion and announced a new AED 300 million project in Abu Dhabi – “My City Centre Masdar”. The new mall will be located in the heart of Masdar City, one of the world’s most sustainable urban ...

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Dubai leading destination for business events

  DUBAI / WAM Dubai Business Events (DBE) recorded its most successful year to date, winning 129 bids and proposals for upcoming conferences, meetings and incentive trips in partnership with local stakeholders. The number of future business events secured by Dubai Business Events increased by 79% in 2016, compared to 2015, consolidating Dubai’s position as a leading destination for business ...

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DIFC launches region’s first fintech accelerator in Dubai

  Dubai / WAM Dubai International Financial Centre (DIFC) the financial hub of the Middle East, Africa and South Asia (MEASA) region, announced on Tuesday the launch of the region’s first fintech accelerator in Dubai. Set to be operational in the first quarter of 2017, the FinTech Hive at DIFC will introduce cutting-edge financial services technologies to the MEASA markets while ...

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Jafza eases rules for foreign companies to operate in free zone

  Dubai / WAM Jebel Ali Free Zone (Jafza), a DP World Company, issued a new set of guidelines for the Jebel Ali Free Zone Companies Implementing Regulations 2016 that enable foreign companies to transfer and continue operations in the free zone without the need to open a branch or establish a new company. For the first time, Jafza has brought ...

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FAO praises UAE Food Bank initiative

  Abu Dhabi / WAM The Food and Agriculture Organisation (FAO) of the United Nations lauded the decision of Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, to institutionalise the efforts to fight hunger and food waste by launching the UAE Food Bank initiative. Nabil Gangi, FAO Representative to the UAE and ...

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500,000 fake auto spare parts worth AED15mn seized in Al Ain

  Abu Dhabi / WAM More than 500,000 fake auto spare parts, with a market value of AED15 million, were confiscated from a store in Al Ain city. The Abu Dhabi Department of Economic Development (ADDED) described it as a major hit against trading in fake and counterfeit items, saying it is the biggest confiscation across the Emirate of Abu Dhabi. ...

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VP approves UAE 2050 energy plan

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, unveiled the UAE energy strategy for the next three decades. The new energy strategy, announced in the presence of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, aims to increase the contribution of clean ...

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Mohammed issues law on formation of ‘Irada’ Rehab and Treatment Centre

  Dubai / WAM In his capacity as Ruler of Dubai, Vice President and Prime Minister of UAE, His Highness Sheikh Mohammed bin Rashid Al Maktoum issued a law forming the ‘Irada’ Rehab and Treatment Centre. The initiative aimed at supporting UAE and Dubai policies for combating and preventing drug addiction, raising awareness of the harmful effects of drug addiction and ...

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Mansour bin Zayed establishes tourism court in Abu Dhabi

  Abu Dhabi / WAM HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs and Chairman of Abu Dhabi Judicial Department, issued a decision setting up the tourism prosecution and court in Abu Dhabi. Deemed the first-of-its-kind, the move is part of efforts aimed at promoting the economic competitiveness of the emirate of Abu Dhabi as ...

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