News

  Dubai / WAM Dubai Electricity and Water Authority (DEWA) is set to showcase its latest technical achievements and innovative services during the Gulf Information Technology Exhibition, GITEX 2016, which will be held from October 16-20 at the Dubai World Trade Centre. “Through our participation in GITEX 2016, we are keen to ensure the implementation of the directives of Vice President ...

  Dubai / WAM The Ministry of Human Resources and Emiratisation (MoHRE) launched an online form to help students pursue training courses in the private sector. The free electronic form, which is available on the ministry’s website and its smartphone app, “Wajjehni”, is in line with Decree No. 713 of 2016, issued by Saqr bin Ghobash Saeed Ghobash, Minister of Human Resources ...

  Dubai / WAM Sharjah Chamber of Commerce and Industry (SCCI) merged and standardised all its data sharing with Expo Centre Sharjah. The chamber’s Information Technology Management Department implemented the project in an effort to maximise speed and efficiency in the way business is conducted between the two entities. SCCI’s move is part of its continuous interest in developing operations, and ...

  Dubai / WAM Abu Dhabi Police (ADP)in cooperation with the Ministry of Interior (MoI) have foiled an attempt by two Arab men to smuggle one million Captagon pills into Saudi Arabia. Authorities said the attempt to smuggle the narcotics via the UAE was intercepted following intelligence shared by security agencies in the Kingdom, which quickly prompted local forces to monitor ...

  Abu Dhabi / Emirates Business ADNOC Distribution on Saturday announced the re-opening of Al Saada service station, located on Sheikh Rashid Bin Saeed Al Maktoum Street in Abu Dhabi. The service station had been temporarily closed to complete the replacement of ground fuel tanks, carry out routine maintenance work, and install the new ADNOC SMART service technologies. Prior to ...

  Dubai / Emirates Business Investments in themeparks, infrastructure and retail in UAE will further boost the billion dollar printing industry, according to International Expo Consults (IEC), part of Falak Holding. The sector is expected to grow exponentially across the MENA region, thanks to the investment by governments in various sectors especially infrastructure. As per the Smithers Pira report, the ...

  Dubai / Emirates Business Dubai-based commodities trading company Citigate Commodities Trading Limited announced the signing of head of terms with Stellar Diamonds plc (AIM: STEL), the London Stock Exchange listed diamond development company focused on West Africa. The agreements include a Baoulé kimberlite mining project in Guinea that has a resource estimation of approximately 3 million carats and two ...

  Dubai / Emirates Business Dubai’s Jumeirah Golf Estates, host of the DP World Tour Championship, has taken home two major awards at Indian-based real estate awards ceremony — the World’s Best Realty Brand Awards 2016 Asia, as India is revealed as Dubai’s largest real estate investor group outside of the Arab world. Jumeirah Golf Estates’ high-end collection of villas ...

  Bloomberg When commodity prices crashed in late 2014, oil executives could look at their mining counterparts with a sense of superiority. Back then, the world’s biggest oil companies enjoyed relatively strong balance sheets, with little borrowing relative to the value of their assets. Miners entered the slump in a very different state and some of the world’s largest — ...

  Bloomberg A revolution in south Australia is wresting power from utility-owned grids and putting it inside batteries installed inside the homes of electricity consumers. Billed as the world’s biggest “virtual power plant,” AGL Energy Ltd. is installing 1,000 batteries in and around Adelaide at a cost of about A$20 million ($15 million), according to a statement on Friday. The ...