DUBAI / WAM The first Dubai Chamber of Commerce trade office in China was opened this week. As part of its strategy to reach out to promising markets and promote Dubai as a global business and trade hub, the Dubai Chamber of Commerce and Industry opened its 7th international office in Chinese city of Shanghai on Saturday. The opening …

ABU DHABI / WAM Abu Dhabi-based Masdar Institute of Science Technology, UK-based QinetiQ, a leading technology development and engineering company operating primarily in the defense, security and aerospace markets, and Swiss-based all-terrain vehicle (ATV) developer Sand-X Motors, have announced their collaboration to develop an Unmanned Rover System (URS) on Saturday at the URS award kick-off meeting, which was hosted by …

  ABU DHABI / WAM The overall reading of the results of development indices in Q2 2016 reflects higher optimism and confidence among consumers and business community in the Emirate’s economic conditions, according to a new report released on Saturday by Studies Directorate of Abu Dhabi Department of Economic Development. This follows the moderate economic growth in Q1 of 2016, …

  Dubai / WAM Ohood bint Khalfan Al Roumi, Minister of State for Happiness, launched the ‘Chief Happiness and Positivity Programme’ for the private sector at the first CEO Happiness Ball, recently held in Dubai. The programme is being introduced in response to the growing demand to bring the programme to the private sector, following its success in the government sector. …

  Dubai / Emirates Business Arab Bank Group continued to achieve robust results during 2016, reporting net profit after tax and provisions for the period ending September of $617.9 million, compared to USD 615.1 million in the same period last year, while the Group’s net profit before tax reached $815.8 million. The Bank maintains a healthy capital base with shareholders …

  Dubai / WAM A visiting World Bank delegation has expressed admiration and appreciation for the leading and innovative projects of the Dubai Electricity and Water Authority (DEWA). The delegation also praised DEWA’s competitive results and how it had enhanced its position as a global role model in its efforts to implement smart applications and systems. It allowed DEWA to …

  Abu Dhabi / Emirates Business HE Engineer Sultan bin Saeed Al Mansoori, Minister of Economy, said that a Cabinet resolution on the issuance of the executive regulations of the law on small- and medium-sized enterprises (SMEs) reflects the high interest of the country’s leadership in this vital sector. The resolution is a major boost to national efforts providing Emirati …

  Abu Dhabi / Emirates Business Abu Dhabi Ports, the master developer, operator and manager of the Emirate’s commercial ports and industrial zone, has won three prestigious awards at the 2016 Maritime Standard Awards of the Middle East and Subcontinent. The company was recognised for its excellence in the maritime industry and was awarded the Deal of the Year Award …

  Dubai / Emirates Business The 3rd edition of Dubai Maritime Week kicks off today under the patronage of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council. It will witness the participation of maritime industry leaders, decision-makers, and experts from the UAE and the rest of the world …

  Dubai / WAM Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, inspected the finishing touches at LEGOLAND and Riverland Dubai at the Dubai Parks and Resorts, the largest joint theme park destination in the Middle East. The two parks will be opened to the public in the next two days. The …