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UAE leads MENA M&A market deal activity

  Dubai / EMIRATES BUSINESS Despite sluggish macro-economic situation at the beginning of 2016, overall deal activity in H1 2016 was largely consistent with H1 2015. UAE, Saudi Arabia and Egypt were the top three markets in terms of deal activity in H1 2016. Announced deal value in the MENA region decreased from US$21.9b in H1 2015 to US$19.7b in ...

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IDB registers 379 industrial units in Abu Dhabi in H1

  ABU DHABI / WAM The Industrial Development Bureau (IDB) of the Department of Economic Development in Abu Dhabi, (ADDED) registered 379 industrial establishments in the Emirate of Abu Dhabi in the Health, Safety and Environment Management System, EHSMS, in the first half of 2016. The bureau received 400 applications for registration in the system and approved 275 in the ...

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ADEC to roll out Abu Dhabi School Model this year

  Abu Dhabi / WAM The Abu Dhabi School Model (ADSM) will be rolled out to Grade 9 public school students this year in line with the Abu Dhabi Education Council’s (ADEC’s) 10-year strategic plan to improve the quality of education in the Emirate of Abu Dhabi and as part of the Cycle 3 restructuring model. During a press conference held ...

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Aldar awards AED258mn contract for Shams Meera devp

  Abu Dhabi / WAM Aldar Properties PJSC, Abu Dhabi’s leading listed property development, investment and management company, announced on Monday that it has awarded the main contractor package, worth AED 258 million, to Fibrex LLC for its mid-market Shams Meera residential development in Shams Abu Dhabi on Reem Island. The contract, which commences with immediate effect, comprises the construction of ...

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Mohammed approves plan to overhaul public school education

  Dubai / WAM Vice President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, approved a comprehensive new plan to overhaul public school education in the UAE. The plan, developed by the Ministry of Education, aims to revise the curriculum, enhance skills, introduce new subjects and streams, further enrich learning and ...

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Abu Dhabi Ports to reinforce women’s role in port sector

  Abu Dhabi / WAM In commemoration of Emirati Women’s Day, Abu Dhabi Ports on Monday launched its first ever women’s committee, which aims to reinforce the unique role women play in the sector and wider local community. Captain Mohamed Juma Al Shamisi, CEO of Abu Dhabi Ports said, “Women empowerment is high on our agenda at Abu Dhabi Ports. The ...

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Emirati inventor wins three gold medals in iCAN Canada

  Toronto / WAM Emirati inventor Ahmed Abdullah Majan has won three gold medals and two silver medals in the International Invention Innovation Competition in Canada (iCAN 2016). Organisers Toronto International Society of Innovation & Advanced Skills (TISIAS) also awarded the Emirati inventor cup for the best inventor from the Middle East and the shield of excellence for the best invention. ...

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Dubai Expo 2020 to allocate AED5bn of contracts to SMEs

  Abu Dhabi / Emirates Business Dubai announced that 20 per cent of direct and indirect spending on the Expo 2020 event will be allocated to small and medium enterprises. Under the plans, contracts worth more than AED5 billion will be allocated to local and international SMEs in the coming years, EXPO 2020 said in a press release. The landmark ...

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Dubai to organise first National Treasure confab from Sep 27-28

  Dubai / WAM Over 30 regional business leaders known for their visionary thinking, extraordinary success, leadership and commitment will come together for the inaugural edition of the National Treasure initiative by Knowledge Expansion, in partnership with Tejar Dubai, under the patronage of Dubai Chambers of Commerce and Industry on September, 27-28 in Dubai. Essa Al Zaabi, Senior Vice-President, Institutional Support ...

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