News

DED asks clients to add Unified Number to licensing requirements

Abu Dhabi / Emirates Business The Department of Economic Development (DED) Abu Dhabi, has stressed its commitment to implementing initiatives and projects that aim to improve cooperation and coordination with its strategic partners in the government, semi-government and private sector, to improve commercial licensing procedures and develop a more attractive investment environment in the Emirate of Abu Dhabi. The DED’s ...

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DXB and DWC achieve Level 2 of accreditation

Dubai / WAM Dubai International Airport (DXB) and Dubai World Central (DWC) have become the first airports in the GCC states to achieve Level 2 accreditation from the Airports Council International’s Airport Carbon Accreditation Programme. With Level 2 achieved, DXB and DWC are now in the list of 14 Level 2 accredited airports, representing more than 10 percent of the ...

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UAE trade mission in Singapore to explore investment partnerships

Abu Dhabi / WAM A 35-member high level business mission from the UAE government has visited the Republic of Singapore to explore strategic investment partnerships and strengthen trade exchange. The mission comprised key representatives from the government, public and private sectors. Headed by Abdullah Al Saleh, Undersecretary of the Ministry of Economy for Foreign Trade and Industry Affairs, the UAE ...

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UAE govt team visits Borouge’s Singapore office

Dubai / Emirates Business UAE Under-Secretary for Foreign Trade and Industry at the Ministry of Economy, Abdulla Al Saleh, and a delegation of high-level government and business representatives paid a visit to Borouge’s Singapore office, the headquarters of Borouge’s Sales and Marketing Company. Warmly welcomed by hosts Rashed Saud Al Shamsi, ADNOC Petrochemicals Director and Chairman of Borouge Pte. Ltd., ...

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GIS technology can counter agriculture uncertainty

ALKESH SHARMA / Emirates Business Amid climate uncertainties and an ecosystem where soil character changes after every 100-mile, agriculture systems need to adapt to deal with the significant shifts. Here comes the role of GIS (geographic information system) technology that is contributing to enhance farming efficiency and raising yield. It is also helping agriculturists plan the right crops. GIS is ...

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Abu Dhabi Financial Group increases stake in GFH to 10%

Abu Dhabi / Emirates Business Abu Dhabi Financial Group (“ADFG”), on Wednesday announces that Integrated Capital, its capital markets arm, has increased its stake in the Bahrain-headquartered GFH Financial Group BSC (“GFH”) to 10% on DFM. Integrated Capital is now the largest shareholder in GFH, a well-recognized financial group in the GCC region. Integrated Capital will be available to GFH’s ...

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Strong int’l contingent expected at GESS

Dubai / Emirates Business A strong international contingent is expected to attend the 9th edition of the GESS Dubai, the leading education show and conference in the Middle East. Over 500 exhibitors have so far confirmed their participation. Six different country pavilions are present at the show, including Korea, Finland, Germany, China, as well as the UK and the USA. ...

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UAE residents not saving enough to enjoy retirement

Dubai / Emirates Business There is an alarming disparity between people’s desired retirement lifestyle and the amount they are currently saving, according to a survey by the Dubai-based financial planning company Guardian Wealth Management (GWM). GWM conducted a survey of its 3,000 Gulf-based clients asking them about the type of lifestyle they hope to lead upon retirement and the percentage ...

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China plans new steps to juice up ‘fragile’ economy

Beijing / Bloomberg China is stepping up support for the economy by ramping up spending and considering new measures to boost bank lending. The nation’s chief planning agency is making more money available to local governments to fund new infrastructure projects, according to people familiar with the matter. Meantime, China’s cabinet has discussed lowering the minimum ratio of provisions that ...

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