News

  ABU DHABI / EMIRATES BUSINESS Under the patronage of His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, Abu Dhabi will host the Global Manufacturing and Industrialisation Summit (GMIS) in March 2017. Organised by the UAE Ministry of Economy and co-hosted by the United Nations Industrial ...

  ABU DAHBI / WAM Mohammed Saif Al Suwaidi, Director-General of Abu Dhabi Fund for Development (ADFD), discussed with Serzh Sargsyan, President of Armenia, ADFD’s existing developmental ventures in Armenia. They also explored new schemes, projects and endeavours through which ADFD could support the government of Armenia in achieving the country’s developmental goals. ADFD and the government of Armenia enjoy ...

  ABU DAHBI / WAM Masdar Institute of Science and Technology and Global MVP, the R&D group supported by South Korea’s Ministry of Land, Infrastructure and Transportation (MoLIT) and the Korea Agency for Infrastructure Technology Advancement (KAIA), hosted the 9th International Desalination Workshop (IDW2016) in Abu Dhabi. The IDW 2016, which ran from November 13-15 , brought together water technology ...

  ABU DHABI / WAM The UAE Ministry of Energy announced on Tuesday that The Atlantic Council Global Energy Summit will be held in Abu Dhabi from January 12- 13, 2017. This flagship initiative, launched in partnership with the Ministry of Energy, will kick off the Abu Dhabi Sustainability Week, with the intention of setting the 2017 energy agenda in ...

  DUBAI / WAM Noor Bank successfully closed an AED850 million Syndicated Islamic Financing Facility for Ajman Bank. The two-year Sharia compliant facility will be utilised towards Ajman Bank’s future growth plans. Noor Bank, a leading Sharia compliant bank in the UAE, was mandated for the second time to act as the Initial Mandated Lead Arranger and Book-runner for this ...

  ABU DHABI / WAM The Board of Directors of the Central Bank of the UAE has reviewed the latest developments in the Transformation Programme aimed to achieve the bank’s objectives and develop the financial sector in the UAE, during its 10th meeting in 2016, under the chairmanship of Khalifa Mohammed Al Kindi, Chairman of the Board. During the meeting, ...

  Sharjah / Emirates Business Hotels and hotel apartments across the Emirate of Sharjah welcomed a combined 1,318,748 guests in the first nine months of 2016 (January to September). The Sharjah Commerce and Tourism Development Authority (SCTDA) released the statistics as it took part in the World Travel Market (WTM) in London on November 7-9. The Authority headed a delegation ...

  Dubai / Emirates Business A high-profile delegation from the Dubai Airport Freezone Authority (DAFZA) discussed promising investment opportunities abounding in Dubai with the Japanese business community during a series of seminars held recently in Japan. Japanese decision-makers, investors and entrepreneurs in attendance applauded the pivotal role played by DAFZA as a leading platform and ideal gateway for Japanese companies ...

  DUBAI / WAM The results of this year’s Arab Knowledge Index will be announced at the Knowledge Summit 2016, to be held between December, 5-7 at the Grand Hyatt Dubai hotel. The summit’s theme for 2016 is “Knowledge Present and Future”. The event is being organised by Mohammed bin Rashid Al Maktoum Foundation, MBRF, a member of the Mohammed bin ...

  Dubai / WAM Emirates Islamic, one of the leading Islamic financial institutions in the UAE, announced an AED 500,000 contribution from its Zakat Fund to Dar El Ber Society, as part of its commitment to support the Society’s special committee that supports underprivileged families and individuals. Awatif Al Harmoodi, General Manager, Operational Quality and Processes at Emirates Islamic, presented the ...