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Shams, Shurooq explore opportunities for growth

Sharjah / Emirates Business In the presence of Sheikh Sultan bin Ahmed Al Qasimi, Chairman of the Sharjah Media Council; HE Dr Khalid Omar Al Midfa, Chairman of the Sharjah Media City (Shams) met HE Marwan Bin Jassim Al Sarkal, CEO of Sharjah Investment and Development Authority (Shurooq), at the interim premises of Shams. The meeting was an occasion to ...

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More residents turn to Abu Dhabi’s affordable housing market

ABU DHABI / Emirates Business Employment uncertainty and the rising cost of living continues to build deflationary pressures in the residential leasing market. As a result, residents are becoming increasingly cautious with their spending and gravitating towards affordable housing options, according to the latest Abu Dhabi MarketView by global real estate consultancy firm CBRE. As of Q2 2017, average rentals ...

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16 facilities in Abu Dhabi enter production in H1

ABU DHABI / WAM A report by the Industrial Development Bureau (IDB) has revealed that 16 industrial facilities entered production in the Emirate of Abu Dhabi during the first half of 2017, an increase of 100 percent compared to the same period last year, with a total investment value of over AED3.8 billion. The biannual report of the Abu Dhabi ...

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‘Sustainable solutions vital to develop Dubai’s future buildings’

Dubai / Emirates Business Reducing a building’s energy consumption and emissions by furthering technological advanc- ements in design, materials and construction techniques are vital to developing Dubai’s future buildings, according to the Head of Region at Zaha Hadid Architects (ZHA). Speaking ahead of his presentation at the Cityscape Global Conference in September, Tariq Khayyat, Head of Region – Middle East ...

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Gargash inaugurates Sharjah MoFAIC office

SHARJAH / WAM Dr Anwar bin Mohammed Gargash, Minister of State for Foreign Affairs, inaugurated the Ministry of Foreign Affairs and International Cooperation (MoFAIC) office in the Emirate of Sharjah. Through these new office locations, the ministry seeks to strengthen its services. The new office, located on Maliha Road in Sharjah, provides a range of services, including the certification of ...

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Abu Dhabi to provide residential units for fixed-income earners

ABU DHABI / WAM The Department of Municipal Affairs and Transport at the Abu Dhabi City Municipality (ADM) has announced an initiative targeting fixed-income groups to meet their needs of residential units. At the same time, it offers an investment opportunity to commercial property developers in city. It enables individual landlords, developers and investors to construct new buildings or convert ...

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Dubai’s public transport ridership hits 275mn in H1

Dubai / Emirates Business Mattar Al Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA), revealed that public transit means in Dubai comprising Dubai metro, Dubai tram, public buses, marine transit modes (abra, ferry, water taxi, water bus) and taxicabs (Dubai Taxi and franchise companies) have lifted 275,772,000 riders in the first ...

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UAE companies seen investing more into employee wellness

DUBAI / Emirates Business UAE companies are taking corporate and employee wellbeing seriously as evidenced by growing investments in workplace wellness initiatives. The growing recognition of the many positive benefits of wellness programmes not just on employee wellbeing, but also on the overall competitiveness of the organisation are spurring investments on office renovations, additional facilities, sponsoring lifestyle and sporting activities, ...

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Masdar gets breakthrough in ‘graphene research’

Abu Dhabi / Emirates Business The Masdar Institute of Science and Technology announced a research breakthrough that provides valuable insights on the development of optimized graphene-based membranes, which aim to make water filtration and desalination more efficient and sustainable. The Masdar Institute is a part of the Khalifa University of Science and Technology. The breakthrough was made by a team ...

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Etihad puts Boeing 787 on Seoul route

ABU DHABI / WAM Etihad Airways has introduced the Boeing 787-9 on its scheduled daily service from Abu Dhabi to Seoul. The aircraft touched down this morning at the South Korean capital’s space-age Incheon International Airport. The new two-class 787 Dreamliner service replaces the Airbus A340-600 aircraft previously operated on the route, and features Etihad Airways’ next-generation Business and Economy ...

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