News

  MONTREAL / WAM In a message on the International Civil Aviation Day, the head of the United Nations civil aviation agency underlined the socio-economic importance and contribution of air travel and aviation. According to ICAO, aviation operations generate more than $2.7 trillion in global gross domestic product (GDP) and provide employment for more than 63.5 million people worldwide. Fang ...

  DUBAI / WAM The Islamic Development Bank (IDB) listed a $1.25 billion Sukuk on Thursday on Nasdaq Dubai, the region’s international financial exchange. It is the seventh Sukuk listing on the exchange by the IDB, making it the largest Sukuk issuer on Nasdaq Dubai at 8.55 billion US dollars. Altogether, Nasdaq Dubai has 56 Sukuk listings totalling US$43.96 billion, ...

  DUBAI / WAM Foreign investors purchased AED 2.5 billion worth of shares on Dubai Financial Market (DFM) and sold AED 2.4 billion over the week, DFM said on Thursday. Net foreign investment on the market reached AED 148.5 million, as aggregate buy. Value of shares bought by foreigner investors comprised 43.9 per cent of the total value of stocks ...

  ABU DHABI / WAM The Ministry of Finance (MoF) in collaboration with the Arab Monetary Fund held a workshop on modern technologies applied to financial services, its impact on the banking sector, and the challenges faced by Arab regulatory authorities to establish a suitable environment to adopt these new technologies. The workshop was held in the presence of Younis ...

  DUBAI / WAM The Telecommunications Regulatory Authority (TRA) recently hosted a workshop on ‘Implementing the Business Continuity Management Programme in Emergencies’, for the purpose of ensuring business continuity in the Information and Communications Technology sector, in emergency and crisis situations. The workshop saw the attendance of ICT sector operators in addition to nominees from the local emergency and crisis ...

  Abu Dhabi / Emirates Business Abu Dhabi Systems and Information Center (ADSIC), organized the Abu Dhabi Government Contact Centre Forum at the Rosewood Hotel – Abu Dhabi. The event, aimed at discussing the latest achievements, updates and future plans of the Contact Center that have been designed to achieve customer service distinction and happiness. The Forum kicked off its ...

  Dubai / Emirates Business Premium realty exhibition for non-resident Indians, the Indian Property Show, raised its curtain on Thursday in the presence of Bollywood celebrity Arbaaz Khan, Chief Guest HE Butti Saeed Al Ghandi, Second Vice-Chairman of the Dubai World Trade Centre, and the Indian real-estate fraternity. The three-day extravaganza is playing host to top developers across India with ...

  Dubai / WAM Opportunities for joint cooperation between Dubai Public Library and the National Library of Kazakhstan were discussed during the recent visit by Arman Issagaliyev, Consul-General of the Republic of Kazakhstan in Dubai, to Al Twar Dubai Public Library. The Kazak official was briefed on the library facilities as well as other branches of Dubai Public Library and their ...

  Dubai / WAM In compliance with the wise vision of Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, to adopt excellence as a lifestyle and governmental culture, Dubai Electricity and Water Authority (DEWA) launched its ‘Excellence Days’ initiative to highlight its best practices. This supports DEWA’s commitment to motivating staff to actively ...

  Abu Dhabi / Emirates Business Royal Jet, the Abu Dhabi-headquartered, award-winning international luxury flight service provider, is co-exhibiting with Boeing Business Jets at this year’s Middle East and North Africa Business Aviation Association (MEBAA) Show with the latest addition to its expanding fleet of aircraft at Dubai’s Airshow Site at DWC. Royal Jet’s new BBJ utilises the latest in ...