Sharjah / WAM Sharjah Consultative Council (SCC), received at the headquarter of SCC, Saudi Arabian delegation to look at investment opportunities. The delegation was headed by Dr Abdul Rahman Abdullah Almushekih, former member of the Shoura Council, Chairman of Alwasail Agricultural Company, and numbers of Sheikhs and top of officiants. Khawla Al Mulla, Chairperson of the Sharjah Consultative Council, welcomed ...

Abu Dhabi / WAM Abu Dhabi Commercial Bank (ADCB), has been announced as a ‘Corporate Champion’ for the second edition of the game-changing Innovation Challenge 2018 by Abu Dhabi Global Market (ADGM), and KPMG Lower Gulf Limited (KPMG LG). This year’s challenge will see ADCB and ADGM work directly with a selected FinTech firm to create a purpose-built, targeted solution ...

Dubai / WAM Dubai’s Roads and Transport Authority (RTA), has launched a new service enabling clients to pay the RTA fines, for all the vehicles registered under the federal traffic system across the UAE, in easy instalments using credit cards. The service is part of the RTA’s strategic goals aimed at achieving people happiness and financial sustainability. “The RTA has ...

Dubai / WAM The Business Registration and Licensing (BRL), sector in Dubai’s Department of Economic Development (DED), completed 17,710 transactions including 1,221 new trade licenses during the past month according to the ‘Business Map’ digital platform. Renewal of Licenses accounted for 9,071 transactions, while there were also 2,111 transactions related to Trade Name Reservation and 1,475 Initial Approvals. The Auto ...

Bloomberg US stocks swung between gains and losses as lingering anxiety about US and Chinese trade relations hung over global financial markets. Treasury two-year note yields rose to a one-decade high, while oil steadied. The S&P 500, Dow Jones Industrial Average and the Nasdaq Composite all pushed higher briefly after starting the day in the red, before settling into little ...

Bloomberg The pound may be in for a rough ride as contrasting headlines surrounding the fate of Brexit test traders’ nerves. Sterling whipsawed between gains and losses multiple times on Tuesday as investors adjusted their positions to news about the UK’s impending exit from the European Union. The currency tumbled from a six-week high after a report the EU sees ...

Abu Dhabi / Emirates Business Adnoc Distribution, the UAE’s largest fuel and convenience retailer, announced on Tuesday it has signed an agreement with Etisalat Digital for a cloud-based digital signage advertising network. This digital signage project will be rolled out across 100 Adnoc Distribution service stations and will be the UAE’s largest out-of-home advertising network, establishing new means for both ...

DUBAI / Emirates Business Kuwait Oil Company (KOC) and Grandweld Shipyard, based in the UAE, has celebrated the launching of the first crew Boat as per an agreement signed last March to build six Pilot Boats and four Crew Boats for KOC. The remaining nine boats will be delivered in June 2019. The boat, that has been specially designed to ...

Abu Dhabi / WAM The Emirates Foundation, the national organisation set up by the Abu Dhabi Government to facilitate public-private funded initiatives for the empowerment of youth across the UAE, has announced the kick-off of the 7th edition of its ‘Think Science’ national competition, in partnership with the Ministry of Education and the Department of Education and Knowledge (ADEK). To ...

DUBAI / Emirates Business Global trade enabler DP World has been awarded the Gulf Business Innovator of the Year Award for its collaboration with Virgin Hyperloop One to develop the DP World Cargospeed system that will deliver on-demand freight at the speed of flight and closer to the cost of trucking. The award was received on behalf of the two ...