News

UAE registers highest employment rate in April

  DUBAI / WAM The UAE exhibited the most positive employment growth among its neighbouring countries in April 2016, with hiring activity growing at 18 percent compared to the same period a year ago. Sanjay Modi, Managing Director, Monster.com (India, Middle- East, South East Asia and Hong Kong), said, looking at the UAE market specifically, certain sectors are still hiring ...

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ADNOC, Abu Dhabi Ports sign 50-yr Musataha pact

  Abu Dhabi / WAM ADNOC Distribution and Abu Dhabi Ports have signed a Musataha Agreement (the legal right to build on and retain the building on another person’s land for a fixed term of years), which is aimed to strengthen ADNOC Distribution’s capacity to develop new projects at Khalifa Industrial Zone, Kizad, and provide logistical support to its existing developments. ...

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DEWA’s employee guide out with 1,095 courses

  Dubai / WAM Dubai Electricity and Water Authority (DEWA) published its Training Courses Guide 2016 for all its employees. The guide features information on training courses and programmes, and includes over 1,095 training programmes. DEWA aims to train 10,000 employees during 2016, with a total budget of AED 31 million. This supports DEWA’s efforts to train its workforce to achieve ...

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Dubai’s perfumes, cosmetics trade hits AED 20.5 billion

  Dubai / WAM Dubai’s foreign trade in perfumes and cosmetics’ during 2015 hit AED 20.5 billion, according to an official of the Dubai Customs. France was Dubai’s top trading partner in perfumes and cosmetics’ foreign trade, valued at AED3 billion, followed by the USA with AED1.8 billion, Saudi Arabia with AED1.6 billion and the UK and Italy with AED1.1 billion ...

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ADWEA invites bidders for 350MW Solar Project site visit

Abu Dhabi / WAM The Abu Dhabi Water and Electricity Authority (ADWEA) and Abu Dhabi Water and Electricity Company (ADWEC or the “Procurer”) announced that pre-qualified bidders for the 350MW Solar PV Independent Power Project located at Sweihan, in the Emirate of Abu Dhabi (the “Project”) have been invited to attend a two-day site visit and conference in Abu Dhabi in ...

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Stress on redoubling anti-terror efforts

  JEDDAH / WAM Custodian of the Two Holy Mosques King Salman bin Abdul-Aziz Al Saud of Saudi Arabia and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, discussed ways to strengthen fraternal ties between the two countries, and the overall regional and international issues of common ...

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ADFD reviews Jordan projects

  ABU DHABI / WAM A technical delegation from Abu Dhabi Fund for Development (ADFD) visited the Kingdom of Jordan to review the progress of development projects financed by the AED4.6 billion (US$1.25 billion) grant allocated by the UAE government to support development projects in Jordan. The delegation surveyed the progress of Al-Balqa Applied University project and the College of ...

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Visa opens regional innovation center

  Dubai / Emirates Business Visa (NYSE:V), a global payments technology company, on Monday opened its innovation center in Dubai Internet City (DIC), the region’s largest information and communications technology community. This center will serve the Central and Eastern Europe, Middle East and Africa (CEMEA) regions and is part of a network of new innovation centers that Visa is opening ...

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Marina construction works begin at Hidd Al Saadiyat

  Our Correspondent / Emirates Business One of the most strategically positioned housing communities located on the picturesque outskirts of Abu Dhabi, Hidd Al Saadiyat has announced commencement of the construction of its private marina. This community boasts of around 1.5 million square meters of natural beachfront land and 7-kilometer of waterfront and the marina construction project, which is awarded ...

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‘Staycations’ to bring gains for UAE hotels this year

  RITIKA SHARMA / Emirates Business Summers are in and everyone expects UAE residents to be planning their vacations to some exotic cooler locales, but this year most of them will be staying back, contended industry experts. Tourism and hospitality sector experts vouch that UAE will remain one of the most-preferred choices as the new trend of holidaying within the ...

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