News

Dubai Chamber, Belgium eye stronger trade ties

  DUBAI / WAM Dubai’s non-oil trade with Belgium nearly doubled over the past six years to reach US$8.5 billion in 2015, accounting for the majority of the country’s non-oil trade with the UAE, it was revealed in a business meeting organised by Dubai Chamber of Commerce and Industry (DCCI) in collaboration with the Chamber of Commerce and Industry of ...

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UAE seeks to attract over $70bn in industrial investments by 2025

  Abu Dhabi / WAM The UAE seeks to attract more than US$70 billion in industrial investments by 2025 in response to directives from Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, a senior government official said on Monday. This will help increase the share of the industrial sector in the country’s ...

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Abu Dhabi, China ink film, TV agreement

  Dubai / Bloomberg United Arab Emirates’ production giant Image Nation Abu Dhabi signed a new long-term partnership with the state-backed China Intercontinental Communication Center (CICC) to invest in film and TV. The newly announced Culture China – Image Nation Content Fund will start with an initial capital base of $100 million, split between the two parties, but is expected ...

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UAE, Ireland discuss educational coop

  Dubai / WAM Hussain bin Ibrahim Al Hammadi, Minister of Education, and the visiting Irish Minister for Foreign Affairs and Trade Charles Flanagan have discussed ways to enhance co-operation between the two countries in education. The meeting comes in the context of the ministry’s keenness to boost co-operation and extend communication with various pioneering countries that have unique and distinguished ...

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Indonesia is first S Asian nation to join Expo 2020

  Dubai / Emirates Business Indonesia, Southeast Asia’s most populous nation, announced its commitment to participate in Expo 2020 Dubai, building on strong links between the two countries. Expo 2020 Dubai on Monday announced that Indonesia has confirmed its official participation in Expo 2020 in a letter from the President of Indonesia, His Excellency Joko Widodo, addressed to His Highness ...

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Dubai SME, aswaaq launch retail franchise to support entrepreneurs

  Dubai / WAM Dubai SME, the agency of the Department of Economic Development (DED) in Dubai mandated to develop the small and medium enterprise (SME) sector, and ‘aswaaq,’ have signed a memorandum of understanding (MoU) under which entrepreneurs registered with Dubai SME will be allowed to operate franchised retail outlets under the brand name ‘aswaaq mart.’ The initiative is part ...

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Sharjah Ruler takes stock of key development projects

  Sharjah / WAM HH Dr. Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, visited a number of vital development projects in the emirate, including Al Jubail Marina Market, Sharjah International Airport, bridges and roads, exhibition and conference venues, and Sharjah Mosque projects. At the outset of his visit to Al Jubail Marina Market, he was ...

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Khalifa issues law setting up Deptt for Municipal Affairs and Transport in Abu Dhabi

  Abu Dhabi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan, in his capacity as Ruler of Abu Dhabi, issued a law on the establishment of the Department of Municipal Affairs and Transport to replace the current Municipal Affairs and Transport Departments. The law states the establishment of the department named ‘the Department of Municipal Affairs and Transport’ ...

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VP amends some provisions of Dubai SME law

  Dubai / WAM Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has issued Law No. 16 to amend some provisions of Law No. 23 of 2009 on Dubai SME establishment. Law No. 16 replaces Articles 7, 10 and 12 of the previous Law on Dubai SME establishment. As per the new ...

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Shurooq breaks ground for AED45 million Al Badayer Desert Camp project in Sharjah

  Sharjah / WAM The Sharjah Investment and development Authority (Shurooq) commenced the implementation of Al Badayer Desert Camp project, valued at AED 45 million, which is expected to become one of its premium leisure and adventure destinations in Sharjah. The project will feature a unique set of experiences for desert adventurers within the golden dunes of Sharjah’s middle region. Moreover, ...

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