ABU DHABI / WAM Abu Dhabi Tourism and Culture Authority (TCA Abu Dhabi) announced on Monday the second exhibition of the Guggenheim Abu Dhabi collection, “The Creative Act: Performance – Process – Presence”, at Manarat Al Saadiyat on Saadiyat Island. The exhibition, which will run from March 8, 2017, will bring together artists of different nationalities and generations who ...

  ABU DHABI / WAM Noura bint Mohammad Al Kaabi, Minister of State for Federal National Council Affairs, reiterated the importance of maintaining the relationship between executive and legislative authorities to achieve sustainable development in the UAE. “This collaborative relationship adheres to the directives of the UAE’s wise leaders.This is most evident in the close attention that the Council pays ...

  DUBAI / WAM A Memorandum of Understanding (MoU) has been signed with the Government of Dubai’s Department of Finance (DoF) and Dubai Islamic Bank (DIB), to streamline payments of initial public offering (IPO) subscriptions, the Dubai Financial Market (DFM) announced on Monday. According to the MoU, DIB has become the first bank to enable investors who participate in IPOs ...

  ABU DHABI / WAM In an era of unpredictable oil prices, producers who focus on efficiency, value creation, commerciality and excellence will be successful, said Dr Sultan Ahmed Al Jaber, the UAE Minister of State and CEO of the Abu Dhabi National Oil Company (ADNOC) in his keynote speech at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) ...

  Al Ain / WAM The UK-UAE Year of Culture 2017 was inaugurated in a star-studded ceremony at the historic Jahili Fort in the UAE’s inland oasis-city of Al Ain on Monday evening in the presence of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince and Deputy Supreme Commander of the UAE Armed Forces, His Royal Highness Prince Charles, ...

  DUBAI / Emirates Business Emirates NBD, a leading bank in the region, launched the Emirates NBD GlobalCash card, a multi-currency travel card in partnership with Mastercard, a leading technology company in the global payments industry, making it the first UAE bank to offer this service to its customers. Powered by Mastercard Prepaid Management Services, the Emirates NBD GlobalCash card ...

  Dubai / WAM Italy, in a letter from the country’s Prime Minister Matteo Renzi, has confirmed its participation in Expo 2020 Dubai. The confirmation came after a meeting between HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Expo 2020 Dubai Higher Committee and Chairman of Dubai Airports and Emirates Airline, and Maurizio Martina, Italian Minister for Agricultural, Food ...

DUBAI / Emirates Business DAMAC Properties Dubai Co. PJSC (DFM: DAMAC), a leading developer of high-end property in the Middle East, on Monday announced the financial results for the nine months ending September 30. During the first nine months of 2016, DAMAC recorded revenues of AED 5.12 billion. Gross profit margin stood at 57%. Net profit for the reporting period ...

  Dubai / Emirates Business Smart Dubai Office (SDO), the government entity officially in charge with facilitating Dubai’s smart transformation, has recognized the sponsors and government participants of its pavilion during the 36th GITEX Technology Week 2016. This year’s SDO-hosted 3,800-square-metre pavilion showcased innovative electronic and smart services being provided by 56 government and private entities, as well as other ...

  Dubai / Emirates Business Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum launched an AED1.3 billion Comprehensive Development Plan for Hatta area in the emirate of Dubai on Monday. The plan aims to boost the area’s social and economic attractiveness as a world-class environmental tourist destination. It will cover ...