Bloomberg SSE Plc, Britain’s second-biggest energy supplier, agreed to sell a 16.7 percent stake in its Scotia Gas Networks distribution business to the Abu Dhabi Investment Authority. The 621 million-pound ($755 million) sale will be completed by the end of this month, SSE said on Monday in an e-mailed statement. The Perth, Scotland-based company, which will keep a 33.3 …

  AJMAN / WAM The Ajman Tourism Development Department (ATDD) launched Ajman Visitors’ Guide in Braille, the tactile writing system used by the blind and visually impaired. The move follows the directives of HH Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, and HH Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman. Aimed …

  Dubai / WAM In its efforts to achieve the Smart Dubai Initiative, the Dubai Electricity and Water Authority (DEWA), has announced that it is making use of Microsoft HoloLens, the world’s first self-contained holographic computer to enhance its operations, improve productivity, accelerate innovation and provide best quality of efficient services to its customers. The Smart Dubai Initiative was launched by …

  Sharjah / Emirates Business Sharjah Islamic Bank (SIB) posted a net profit increase of 12.5% for the nine month ending September 30 to reach AED 335.8 million compared to AED 298.4 million for the same period last year. Total assets increased by 6.5% to reach AED 31.8 billion at the end of the 3rd Quarter 2016 compared to AED …

  Abu Dhabi / WAM The Third Gulf Film Festival opened at Al Thuraya Hall in Rotana Beach Hotel, Abu Dhabi. Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Culture and Knowledge Development, who is also the patron, opened the festival which is organised by the Ministry of Culture and Knowledge Development in collaboration with the General Secretariat of the Gulf …

  Dubai / WAM Dubai Airports will partner with Huawei to design and build the world’s first Tier III certified Modular Data Centre Complex (MDCC) at Dubai International (DXB), it was announced on Monday. The design and construction contract was signed during GITEX Technology Week, one of the biggest annual ICT trade shows. The project will serve one of the world’s …

  Dubai / WAM An elite assembly of global maritime industry leaders, decision- makers, policy-makers, senior government officials, and regional and international maritime pioneers, will meet at the Dubai Maritime Summit 2016, on November 2, the organisers, Dubai Maritime City Authority, said. The summit is a quality initiative to discuss the present and future of the global maritime navigation industry, facilitate …

  Abu Dhabi / Emirates Business Masdar City, one of the world’s most sustainable urban developments, is introducing new licences to encourage entrepre- neurs to set up ventures within the City’s business free zone. The announcement coincides with the 36th Gulf Information Technology Exhibition (GITEX) taking place in Dubai from October 16-20. Masdar City’s full suite of free zone and …

  Abu Dhabi / Emirates Business Abu Dhabi e-Government, through the participation of 21 government entities, officially opened its pavilion at GITEX Technology Week 2016 at the Dubai World Trade Centre (DWTC) on Monday. HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum – Deputy Ruler of Dubai and Sheikh Mansour bin Mohammed Al Maktoum visited the Abu Dhabi pavilion …

  Dubai / Emirates Business The Sharjah Commerce and Tourism Development Authority (SCTDA) is participating in GITEX Technology Week being held at Dubai World Trade Centre presenting three booths as a key part of the pavilion of Sharjah led by Sharjah e-government, under the patronage of HH Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler …