News

SHARJAH / WAM The second annual Sharjah FDI Forum will take place on September 28-29, under the slogan “Sharjah FDI: The Gateway to the Middle East, North Africa and South Asia”, hosting more than 300 elite decision makers, business leaders and economic experts who will gather to exchange their knowledge and expertise on trends and developments in foreign direct investment ...

  Abu Dhabi / WAM The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) on Wednesday signed a Memorandum of Understanding (MoU) with the Securities and Exchange Board of India (SEBI) to enhance regulatory cooperation and facilitate cross-border activities. The MoU establishes a framework for both authorities to provide assistance, exchange regulatory information and co-operate in supervising and ...

  Abu Dhabi / WAM Mohammed Saif Al Suwaidi, Director-General of the Abu Dhabi Fund for Development (ADFD) has commended the historic relations between the UAE and Egypt, deeming them a role model for inter-Arab fraternal ties. Al Suwaidi made the remark on offering of the landmark deposit of US$1 billion by ADFD to the Central Bank of Egypt for a ...

  Sharjah / WAM The Sharjah Business Women Council (SBWC), recently led a women delegation to the United Kingdom, aimed at inspiring and motivating businesswomen from the UAE to scale up their home-based business activities more professionally and competitively. The SBWC is an affiliate of NAMA Women Advancement Establishment (NAMA). Headed by Ameera BinKaram, Vice-Chairperson of NAMA and Chairperson of SBWC, ...

  Abu Dhabi / WAM Waha Capital has announced the extension of maturity of its collar hedges over the approximate 4 million shares it owns in New York-listed AerCap Holdings N.V. This extension forms part of the company’s wider hedging and financing strategy over its shares in AerCap. This strategy, which limits downside equity market risk for Waha Capital, was originally ...

  Dubai / WAM The Buildings Department of Dubai Municipality is undertaking engineering supervision of 25,124 buildings under construction in various areas of the Emirate of Dubai. The engineering supervision process includes inspection and control of all construction works. Building permits were issued for various kinds of multi-storied buildings, general and industrial buildings, private villas and investment villas as well as ...

  Sharjah / WAM Sheikha Jawaher bint Mohammed Al Qasimi, Chairperson of the Nama Women Advancement Establishment and wife of H.H. the Ruler of Sharjah, has hailed the leap forward taken by Emirati women on the road to progress and excellence, shoulder to shoulder with men in every sphere of activity, thanks to the UAE leadership’s constant support and abiding faith ...

  Abu Dhabi / WAM Sanad Aero Solutions GmbH (Sanad), a wholly-owned subsidiary of Mubadala Development Company, on Wednesday announced an expansion to its existing relationship with Etihad Airways, national carrier of the UAE. The 12-year sale and lease-back agreement is valued at US$265 million and sees Sanad add an additional 12 spare engines in support of the airline. Sanad, which ...

  Dubai / WAM flydubai is participating in Dubai’s Department of Tourism and Commerce Marketing’s (Dubai Tourism) first-ever East Africa roadshow, joining 14 Dubai-based partners in showcasing a wide range of services and upcoming attractions in Kampala, Uganda. It will continue the roadshow to Dar es Salaam on August 30. The roadshow is a platform for local operators to meet directly ...

  Dubai / WAM Dubai Chamber of Commerce and Industry, in association with BSA Ahmed bin Hezeem and Associates, organised a workshop entitled “Key Legal Aspects of Real Estate” on the Chamber’s premises. The workshop seeks to raise awareness of the legal aspects of doing business in Dubai, with a particular emphasis on property ownership for GCC nationals and foreigners. Attended ...