News

  Emirates Business Azizi Developments, a leading UAE-based real estate developer with a global reach into many growing international markets, has announced the pre-launch of its 222-unit Montrell Serviced Apartments project. When complete, the G+P2+7 furnished serviced apartment building will offer a total of 168 fully furnished luxury studios and 54 one-bedroom units. The total cost of the development is ...

  Abu Dhabi / WAM Solar Impulse 2 returned safely to Abu Dhabi on Tuesday morning to successfully complete its historic round the world flight without using a drop of fuel. The first aircraft to circumnavigate the globe using only solar power, Solar Impulse 2 touched down at 04:05 to a rapturous reception at Al Bateen Executive Airport in the UAE ...

  Vienna / WAM The Director-General of the OPEC Fund for International Development (OFID), Suleiman J Al-Herbish, and the Egyptian Minister of International Cooperation, Dr Sahar Nasr, have signed a US$40 million loan agreement to support small enterprises amongst marginalized groups in the country. The OFID loan will finance a second phase of the Social Development Fund (SFD) lending program. SFD ...

  Emirates Business Etihad Airways on Tuesday officially opened its new First and Business Class Lounge within the Tom Bradley International Terminal at Los Angeles International Airport (LAX). Building on a growing global reputation for product innovation and development, the lounge reflects a commitment to delivering exceptional hospitality experiences for First and Business Class guests departing on Etihad Airways’ daily ...

Abu Dhabi / Emirates Business Abu Dhabi Department of Economic Development (ADDED) closed 43 commercial establishments in Abu Dhabi and Al Ain in the first half of this year as they violated regulations of practicing commercial activity as per Law No. 02 of 2009 establishing ADDED, and Resolution No. 25 on regulating commercial activities and issuing commercial licenses. Mohamed Munif ...

  DUBAI/ WAM As part of its sustained drive to improve social security and enhance the role in sustainable development of endowments and waqf, an endowment made by a Muslim to a religious, educational, or charitable cause, the Awqaf and Minors Affairs Foundation, AMAF, handed over a cheque for AED400,000 to Dubai Police. The humanitarian initiative has dedicated a sum of ...

  Abu Dhabi / WAM In an effort to jumpstart its Glass recycling initiative the Emirates Environmental Group is delighted to share with the community that its Glass collection campaign is back in full force after a gap of 10 months. Recycling is a value that EEG has been sharing with the community for over two decades. Having multiple benefits of ...

  Dubai / WAM This year, Dubai maintained its attractiveness to global investors as in the first half of 2016, over 8,000 new companies joined the membership of Dubai Chamber of Commerce and Industry bringing its total membership to 193,000 with a 4.3% growth. This new addition takes the non-profit business organisation membership closer to 200,000 while enhancing the Chamber’s reputation ...

  Dubai / WAM The second edition of the Innovation 4 Impact Competition will take centre-stage at the Global Islamic Economy Summit 2016 (GIES 2016) to be held under the theme ‘Inspiring Change’, at the Madinat Jumeirah in Dubai, from October 11-12. Islamic digital economy entrepreneurs from around the world will compete for a chance to win cash, gain global publicity, ...

  Abu Dhabi / WAM AkzoNobel has raised its stake in Akzo Nobel Powder Coatings SAE in Egypt from 60 percent to 100 percent. The transaction forms part of the company’s accelerated growth strategy for Egypt and the wider North Africa region. As well as operating a state-of-the-art powder coatings plant in Cairo, Akzo Nobel Powder Coatings SAE also has a ...