News

  DUBAI / WAM The Supreme Committee for Strategic Planning at the Roads and Transport Authority, RTA, headed by Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of the RTA, has approved the authority’s revised strategic plan, 2016-2020. The objectives of the strategic plan have been revised in keeping with Dubai Government’s drive, and RTA’s values ...

  Abu Dhabi / Emirates Business Bloom Education, a Bloom Holding subsidiary that delivers the highest standards of education in the UAE, announced that Brighton College Al Ain now holds the highest ranking of school in the United Arab Emirates, following a recent four-day inspection of the British-style premium school. The College has been judged to be ‘Outstanding’ in every ...

  ALKESH SHARMA / Emirates Business Financial dynamics are continuously transforming for good reasons in the UAE, which boasts of a much denser concentration of credit cards when compared with other countries in the Middle East. Plastic money has taken the society with a storm and has become regular norm of the daily life. However, economists believe that plastic money ...

  ABU DHABI / WAM Abu Dhabi Department of Economic Development’s Abu Dhabi Business Center (ADBC) has launched 247 inspection raids to stores and commercial establishments in Abu Dhabi, Al Ain and the Western Region in the first quarter of 2016, where 200,428 counterfeit products were confiscated including auto spare parts, electronic devices, clothes, accessories, beauty products and other items. ...

  Ritika Sharma / Emirates Business With ample support and motivation from the leadership, UAE has already earned a global recognition in taking up ‘green initiatives’. Further strengthening the country’s commitment towards a sustainable future and leading by example, Ladybird Early Learning centre is all set to open UAE’s first school that will hold LEED Gold certification. Ladybird Early Learning ...

  Dubai / Emirates Business Canon Emirates (CE), a subsidiary of Canon Middle East, celebrated the signing of its 100th Managed Print Service (MPS) contract in the UAE. A gala event was held at Palazzo Versace to mark the occasion and to launch Canon Business Services, a consulting arm of Canon that will offer a wide range of value-driven solutions ...

  Dubai / Emirates Business The award-winning UAE road safety campaign, A Safe Ramadan, is returning with an ambitious target to help drivers reduce accidents throughout the Holy Month. Al Nabooda Automobiles, the exclusive distributor of Porsche, Audi and Volkswagen in Dubai and the Northern Emirates, has underlined its commitment to the community by becoming a main sponsor of this ...

  Riyadh / Emirates Business Saudi Arabia’s non-oil private sector looked to be in good shape midway through the second quarter, as business conditions improved to the greatest extent since last November. Both output and new orders rose sharply in May, with the rate of expansion in the latter picking up to a five-month high. Companies raised their input buying ...

  Reuters Morocco is aiming to introduce a flexible exchange rate system in the early part of 2017, its central bank governor said on Sunday. “We are considering the move currently from fixed exchange rate to a flexible exchange rate,” Abdellatif Jouahri told reporters on the sidelines of an Arab finance ministers event. Jouahri said the country would work with ...

  Reuters Business activity in Egypt shrank for the eighth straight month in May but at a lesser extent than previous three months, a survey showed on Sunday. The Emirates NBD Egypt Purchasing Managers Index (PMI) for the non-oil private sector recorded 47.6 points in May after 46.9 points in April, remaining below the 50-point mark that separates growth from ...