News

UAE and Azerbaijan to strengthen economic ties

  Dubai / WAM Sultan bin Saeed Al Mansouri, Minister of Economy, and Dashgin Shikarov, Ambassador of the Republic of Azerbaijan to the UAE, on Sunday discussed the means to develop and strengthen economic and development ties between the two countries. Al Mansouri received the Ambassador of Azerbaijan at the ministry’s headquarters in Dubai, in the presence of Abdullah bin Ahmed ...

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DFM nets AED86mn profit in first quarter

  Dubai / WAM Dubai Financial Market Company (DFM) on Sunday announced a first quarter net profit of AED 86 million, a 27 percent increase compared to Dh67.7 million during the corresponding period of 2015. The company’s total revenue increased by 11 per cent to AED 127 million in Q1-2016 compared to Dh114.5 million during Q1-2015. The revenues comprise AED105.6 million ...

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DHA plans to establish medical excellence award

  Dubai / WAM Dubai Health Authority (DHA) is planning on establishing a medical excellence award to promote best medical practices and standards in Dubai, revealed, Humaid Al Qatami, Chairman of the Board and Director-General of DHA on Sunday. Al Qatami made the statement at Latifa Hospital during a workshop by the Dubai Government Excellence Programme that discussed the new requirements ...

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Musanada completes work on ZHO’s rehabilitation centres

  Abu Dhabi / WAM Abu Dhabi General Services Company, Musanada, in collaboration with the Zayed Higher Organization for Humanitarian Care and Special Needs (ZHO) completed all works related to ZHO’s two rehabilitation and care centres in Madinat Zayed and Ghayathi in the western region, as part of efforts to implement the vision of President His Highness Sheikh Khalifa bin Zayed ...

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Borouge introduces industry solutions at Chinaplas

  Abu Dhabi / WAM Borouge, a leading petrochemical company that provides innovative, value creating plastics solutions, reinforced its position as the plastics industry’s provider of choice at the recently held Chinaplas 2016, Asia’s largest plastics trade fair, in Shanghai, China. Visitors to Borouge booth learned about the company’s newest creative plastics solutions that demonstrate Borouge’s commitment to support the Chinese ...

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AW Rostamani Group gives away cash prizes to labours

  Dubai / Emirates Business Abdul Wahid Al Rostamani Group, the Emirati holding company based in Dubai, have joined the UAE Ministry of Labour in its ‘Labour Day’ celebrations held at the Ministry’s head office in Dubai. The event comes as an expression of appreciation for the UAE workers and their contribution to the development of the country. The event’s ...

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DHA distributes gifts on Labour Day

  Dubai / Emirates Business The Dubai Health Authority (DHA) marked International Labour Day on Sunday by holding an appreciation ceremony to thank labourers working with the Authority for their dedication and their contribution to the success of the organisation. His Excellency Humaid Al Qatami, Chairman of the Board and Director-General of DHA addressed more than 200 labourers at a ...

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UAE, Jordan to boost joint action on regional security

  ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and His Majesty King Abdullah II of Jordan held talks in Abu Dhabi on Sunday which centred on bilateral relations and ways to enhance them, as well as regional and international issues of ...

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Emaar posts AED1.2bn profit in Q1

  DUBAI / WAM Emaar Properties PJSC has recorded first-quarter (January to March) 2016 net profit of AED 1.205 billion (US$ 328 million). This is an increase of 17 per cent compared to the net profit of AED 1.026 billion (US$ 279 million) during the same period last year. Led by significant progress in construction of its projects, Emaar’s Q1 ...

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Mohammed orders 20% pension hike

  DUBAI / WAM Vice President and Prime Minister of the UAE, His Highness Sheikh Mohammed bin Rashid Al Maktoum in his capacity as Ruler of Dubai issued Resolution No (5) of 2016 pertaining to an increase in the pensions of retired local civilians in Dubai who are not affiliated to the General Pension and Social Security Authority, and whose ...

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