News

Decision on tonnage of ships

  ABU DHABI / WAM Dr Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development, Chairman of the Federal Transport Authority – Land and Maritime, on Tuesday issued a decision on the implementation of the requirements of the International Convention on Tonnage Measurement of Ships,1969, to establish uniform principles and rules with respect to the determination of tonnage of ships ...

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EDB assets increases 50%

Dubai / WAM Led by its Chairman HE Khalid Mohammed Salem Balama, the Board of Directors of Emirates Development Bank (EDB) has concluded its second meeting of 2016. The meeting at the Bank’s headquarters in Abu Dhabi discussed numerous agenda items, ratified the previous meeting’s minutes, and assessed the actions taken by management on the implementation of resolutions and recommendations. ...

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Meraas unveils UAE’s first upscale outlet mall

  Dubai / EMIRATES BUSINESS Meraas, a Dubai-based holding company, announced details of its latest retail development, The Outlet Village, the UAE’s first upscale outlet mall. Located adjacent to Dubai Parks and Resorts and within easy reach of Dubai and Abu Dhabi, The Outlet Village will offer discounted high-end brands merchandise all year round in a scenic and charming medieval ...

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Arab food security summit opens in Fujairah

  FUJAIRAH / WAM HH Sheikh Mohammed bin Hamad bin Mohammed Al Sharqi, Crown Prince of Fujairah, opened on Tuesday at Fujairah Novatel Hotel the Fifth Arab Conference for Investment in Food Security, organised by Fujairah Chamber of Commerce and Industry (FCCI) under the patronage of HH Sheikh Hamad bin Mohammed Al Sharqi, Member of the Supreme Council and Ruler ...

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Khalifa directs National Reading Law

  Abu Dhabi / WAM His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, has given directions to start the legislative procedure of drafting a UAE National Reading Law, which aims to ensure the sustainability of all government efforts to consolidate reading in the UAE for all ages, as well as identify the key responsibilities of government agencies ...

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Shurooq highlights growth of Sharjah’s real estate sector

  Sharjah / WAM Sharjah Investment and Development Authority (Shurooq) highlighted growth of Sharjah’s Real Estate Sector at Middle East Investment Summit (MEIS) 2016, which concluded on Tuesday at Dubai International Financial Centre. Among the statistics being highlighted by Shurooq at MEIS 2016 were 2014 figures that revealed a 20 percent growth in Sharjah’s real estate market transactions when compared to ...

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Conference for investment in food security opens in Fujairah

  Fujairah / WAM HH Sheikh Mohammed bin Hamad bin Mohammed Al Sharqi, Crown Prince of Fujairah, opened on Tuesday at Fujairah Novatel Hotel the Fifth Arab Conference for Investment in Food Security, organised by Fujairah Chamber of Commerce and Industry (FCCI) under the patronage of HH Sheikh Hamad bin Mohammed Al Sharqi, Member of the Supreme Council and Ruler of ...

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Emirates Development Bank assets reach AED6.9bn

  Abu Dhabi / Emirates Business Led by its Chairman HE Khalid Mohammed Salem Balama, the Board of Directors of Emirates Development Bank (EDB) has concluded its second meeting of 2016. The meeting at the Bank’s headquarters in Abu Dhabi discussed numerous agenda items, ratified the previous meeting’s minutes, and assessed the actions taken by management on the implementation of ...

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Business excellence winners honoured

    DUBAI / EMIRATES BUSINESS His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, and His Highness Mansour bin Mohammed bin Rashid Al Maktoum, Chairman of Dubai International Marine Club, attended the 22nd Business Excellence Awards ceremony hosted by the Department of Economic Development (DED) in Dubai and honoured 42 winners of Dubai Quality ...

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‘UAE can become clean energy finance capital of the world’

  Dubai / WAM The United Arab Emirates (UAE) can become the clean energy finance capital of the world, according to Dr. Nasser Saidi, former chief economist of the Dubai International Financial Centre (DIFC), and Chairman of the Clean Energy Business Council (CEBC). Dr. Saidi said that UAE’s capital markets could ‘own the clean energy finance space’ and in doing ...

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