News

Dubai / WAM “The challenges, opportunities, implications and considerations of Brexit are becoming gradually clearer to all,” said Chief Legal Officer of Dubai International Financial Centre (DIFC) Authority Jacques Visser during a debate. “It is important though that conversations around Brexit take place in as broad a context as possible and take into consideration all the factors of a changing world. ...

  Dubai / WAM The volume of trade between the UAE and Belarus is expected to increase in the near future up from US$28 million in 2015, driven by the common desire of both countries for better economic relations, Under-Secretary for Economic Affairs at the UAE Ministry of Economy, Mohammed Ahmed Al Shehhi, said on Tuesday. The UAE-Belarus Joint Economic Commission, ...

  Abu Dhabi / WAM The Department of Municipal Affairs and Transport (DMAT) has signed a memorandum of understanding (MoU) with Toyota Tsusho Asia Pacific and Inrix for providing transport and navigation data to vehicles under the Transport Information and Navigation System project, the department announced. According to the MoU, the companies will be provided with traffic information about the road ...

  Dubai / Emirates Business Abu Dhabi Ports announced on Tuesday the launch of its digital Vessel Management System which offers customers and stakeholders complete automation of all vessel management processes and services through its Port Community System, Maqta Gateway. Through the new, demand-driven Vessel Management System, all vessels arriving at any of Abu Dhabi’s commercial ports will be able ...

  Dubai / Emirates Business Ducab, the Middle East’s leading manufacturer of high quality cables and cabling products, is a Strategic Sponsor of the Water, Energy, Technology and Environment Exhibition (WETEX) 2016. Ducab will participate at the exhibition and conference, which will be held at the Dubai International Convention and Exhibition Centre from the October, 4-6 to showcase its sustainability ...

  Dubai / WAM The Dubai Chamber of Commerce and Industry (DCCI), today opened an office in Nairobi, Kenya, looking to strengthen economic ties with the continent and to promote Dubai and its business competitiveness in the African market. The new office, being the fourth in Africa after Ethiopia, Ghana, and Mozambique, is the sixth Dubai Chamber international office after Azerbaijan ...

  Dubai / WAM Dubai Financial Market’s (DFM) International Investor Roadshow will be held from October, 17-18 in New York City, with co-sponsorship from Bank of America Merrill Lynch (BofAML) to enable 13 companies listed on DFM and Nasdaq Dubai to update international fund managers about growth strategies and recent developments through one-on-one meetings, the DFM announced on Tuesday. “The DFM represents ...

  Dubai / WAM All taxis in Dubai will soon be available through the Careem app under a new agreement between the e-hail taxi company and the Roads and Transport Authority (RTA). RTA signed the agreement with Careem Networks Company on Tuesday making all its 9,841 taxis and 4,700 limousines available on Careem app. According to Mattar Al Tayer, Director General ...

  Dubai / Emirates Business The World Green Economy Summit (WGES) 2016, held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, is set to open tomday at Dubai International Convention and Exhibitions Centre in New Za’abeel Hall 6. The 2016 Summit marks the third ...

  Bloomberg In a testament to the rising consumer potential of the world’s No. 6 emerging market, Indonesia’s President Joko Widodo has tapped for guidance the king of Chinese e-commerce: Jack Ma. Jokowi, as Indonesia’s leader is known, further intensified the buzz surrounding his country’s $2 billion e-commerce market with a stop at Jakarta’s sprawling Mangga Dua bazaar last month, ...