News

  Dubai / Emirates Business Dubai Culture & Arts Authority (Dubai Culture), the Emirate’s dedicated entity for culture, arts and heritage, announced the launch of its ‘Reading Box’ initiative that hold its first event at The Dubai Mall. This interactive public initiative will run across Dubai from October 11 – 24 in support of the UAE Government’s Year of Reading ...

  Emirates Business DarkMatter, an international cyber security firm headquartered in the UAE, announces that its cyber governance and risk expert, Harshul Joshi, will participate in a Dubai Future Accelerators panel discussion entitled, “Cybersecurity in a Smart City”. The session will take place from 7-8pm on October 12 at the Dubai Future Accelerators auditorium in the Jumeirah Emirates Towers offices. ...

  Dubai / Emirates Business A majority of the accidents in the workplace are caused due to either a poorly trained or supervised workforce or badly-equipped workers, according to a senior Dubai Municipality official, who was speaking at the recent BOHS Worker Health Protection Conference held in Abu Dhabi recently. Raed Al Marzouqi, Head of Occupational Health and Safety at ...

  Reuters The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) plans to finalize several new standards by the end of the year, as the standard-setting body works through a revamp of its guidance for the $2 trillion industry. Bahrain-based AAOIFI has published a draft sharia standard for gold-based products with a one month consultation period ending Nov. 9, ...

  Reuters A joint venture of HaskoningDHV UK and Hyundai Engineering & Construction Co has been awarded a contract to design the infrastructure for the Ras Al Khair maritime yard in Saudi Arabia, a statement from the firms said on Tuesday. The duo, based in the Netherlands and South Korea, have been awarded the front-end engineering design contract, with the ...

  Abu Dhabi / WAM Abu Dhabi Securities Exchange, ADX, has climbed 0.12 percent in September to reach 4476 and become the second growing index in the GCC after Bahrain. The retail sector gained 6.15 percent, followed by telecommunications, 1.27 percent and the banking sector 0.67 percent. The services sector has declined by 7.94 percent, and the industry sector by ...

  DUBAI / WAM Emirates Airline and Google have launched the ‘Celebrating Arabic Reading’ initiative throughout October in a collaboration designed to reach millions of smartphone users in the region, and support the UAE’s Year of Reading, a national move spearheaded by Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum. The ...

  Dubai / Emirates Business World energy leaders, government officials, decision makers, and more than 100,000 oil and gas trade professionals from 125 countries are gearing up to attend the world’s most influential event for the oil and gas industry, the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC 2016). Preparations are underway as the UAE capital prepares to welcome ...

  Dubai / WAM The Roads and Transport Authority (RTA), has officially awarded an AED10.6 billion contract of Route 2020 Project to Expolink, a consortium of French, Spanish and Turkish companies. The contract covers the extension of the Red Line of Dubai Metro of 15kms from Nakheel Harbour and Tower Station to the site of Expo 2020 Dubai, as well as ...

  Dubai / Emirates Business DAMAC Properties on Monday announced the new release of units in DAMAC Maison Privé, waterfront hotel apartments in the Burj area with direct views of Business Bay’s marina. The leading luxury real estate developer is providing the opportunity for investors to own a luxury hotel apartment with superior services, presenting both an ideal vacation home ...