DAVOS / WAM Sheikha Bodour bint Sultan Al Qasimi, Chairperson of the Middle East and North Africa Regional Business Council (MENA-RBC) has taken part in a panel discussion titled ‘Going Digital in the Arab World’, highlighting innovative approaches and landmark initiatives being implemented by the UAE and other Arab countries to harness the benefits of the Fourth Industrial Revolution. The ...

DUBAI / WAM The Roads and Transport Authority (RTA) revealed that the number of taxi fare transactions recorded by the Dubai Taxi Corporation and franchise companies, and paid through NoL and credit cards in 2017 reached 2,213,234 transactions. The number reflects an increase of about 731% from the level of transactions clocked last year, which amounted to 266,330 transactions. Adel ...

DUBAI / Emirates Business His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, performed the funeral prayer at Al Mu’tareed Mosque in Al Ain, on the body ...

Abu Dhabi / WAM Sheikha Hessa bint Mohammed bin Khalifa Al Nahyan, mother of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, passed away on Sunday. The President receives condolence messages from UAE Rulers, world leaders and other prominent personalities on the passing away of his mother. Sultan bin Zayed His Highness Sheikh Sultan bin Zayed Al Nahyan, the ...

Abu Dhabi / WAM Abu Dhabi Global Market (ADGM), is hosting its first annual Data Protection Forum on Sunday, which coincides with the International Data Protection Day. During the forum, ADGM will sign a Memorandum of Understanding, MoU, with The National Commission for the Control of the Protection of Personal Data (CNDP), Morocco. The MoU will facilitate ongoing collaboration between ...

Abu Dhabi / WAM Ibrahim Ismail Fateh Ali Al Khaja, member of the Board of Directors of the Abu Dhabi Chamber of Commerce and Industry and Chairman of the Professional Sector Committee at the Chamber, met Kazumasa Susaki, Director-General of the Tokyo SME Support Centre, and his accompanying delegation, where they discussed opportunities for cooperation between both the chamber and ...

Dubai / Emirates Business The total value of 707 healthcare projects exceeded AED 223.50 billion ($60.9 billion) in January 2018, according to the latest GCC Construction Intelligence report issued by BNC Network, the largest and most comprehensive construction intelligence platform in the Middle East and North Africa (MENA) region. Of these, 445 projects worth $51.9 billion (AED190.47 billion) are hospital ...

Dubai / WAM The Federal National Council’s Technology, Energy and Mineral Resources Affairs Committee continued discussing the policy of the Federal Electricity and Water Authority (FEWA), at its meeting on Sunday, chaired by Mohammed Ali Al Kamali, Chairman of the Committee, at the FNC General Secretariat in Dubai. The committee reviewed FEWA’s policy based upon three concerns: the authority’s strategic ...

Dubai / Emirates Business Gulf Navigation Holding PJSC (GulfNav) announces that it is in discussion to acquire a majority stake in Atlantic Navigation Holdings (Singapore) Limited (‘Atlantic’). Atlantic is an integrated offshore supply operation engaged in the provisioning of marine logistic services, ship repair, fabrication and other marine services. We operate out of the UAE serving primarily customers in the ...

Bloomberg You’ve traded on inflation data and the prospect of rising sovereign-debt supply. You’ve wagered on Federal Reserve meetings and what the next chairman might do. And you’ve bet on jobs and wage growth that exceed or miss targets. Now try doing it all in one week. With yields threatening to leap higher, bond traders will grapple this week with ...