SHARJAH / WAM The Arab League has commended measures taken by the United Arab Emirates (UAE) in response to the impact of the decline in world oil prices. ”There are promising signs emerging from the project implemented by the UAE to diversify sources of national income,” Arab League’s Secretary-General Dr Nabil Al Araby said in a keynote address at …

  Dubai / WAM In line with Dubai’s ‘Capital of Islamic Economy’ initiative, and as the first-of-its-kind endeavour on the Asian and regional level to promote the mutual growth of Islamic economies in the UAE and China, the Dubai Centre for Islamic Banking and Finance (DCIBF) at Hamdan bin Mohammed Smart University (HBMSU) and Dubai Islamic Economy Development Centre (DIEDC) in …

  Dubai / WAM Saeed Mohammed Al Tayer, Vice-Chairman of the Dubai Supreme Council of Energy and Chairman of Etihad Energy Service Company (ESCO), signed an Energy Performance Contract with Essa Kazim, Governor of Dubai International Financial Centre (DIFC), to replace 28,500 of DIFC’s traditional light bulbs with LED lights. This supports the UAE Vision 2021 to make the UAE one …

  Dubai / WAM Mohammed Bin Rashid Al Maktoum Foundation (MBRF) a member of the Mohammed Bin Rashid Al Maktoum Global Initiatives, organised a workshop in cooperation with the United Nations Development Programme (UNDP) in Algeria to launch the Arab Knowledge Index in the country. The workshop was part of a series of workshops planned by MBRF and the UNDP in …

  Dubai / WAM Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA), held a meeting with Hussain Nasser Lootah, Director General of Dubai Municipality, during which they discussed means of streamlining cooperation on their future projects. Al Tayer started the meeting with thanking the Dubai Municipality for the huge cooperation and …

  Abu Dhabi / Emirates Business The recent inauguration of a 600kW solar photovoltaic plant in the Federated States of Micronesia marks the successful completion of Cycle 2 of US$50 million UAE-Pacific Partnership Fund. Through the UAE-PPF’s two cycles of financing provided by the Abu Dhabi Fund for Development, renewable energy projects have been delivered to 11 Pacific Island nations …

  Dubai / Emirates Business Emaar Industries & Investments (EII), a private joint stock company and member of Emaar Properties PJSC, has acquired a significant stake in the UAE-based Leaders Fort Contracting (LFC), which has extensive expertise in specialised works including Concrete Repair technologies, Industrial & Trafficable flooring, Waterproofing, protective coatings, MEP works among others. EII already has a significant …

  Sunaina Rana / Emirates Business The Middle East is home to around 56 per cent of the world’s oil reserves and 36 per cent of the world’s natural gas reserves, where the maintenance and utilization sector plays an integral segment in the development of the region. Discussing pipeline design, and engineering and project challenges, key stakeholders of the Oil …

    Abu Dhabi / United Arab Emirates Gulf Related, in partnership with leading international architectural firm, ElkusManfredi Architects, has begun implementation of the key design concepts for Al Maryah Central — embracing novel architectural ideas and promising to redefine the UAE’s retail and leisure landscape. Scheduled for completion in 2018, Al Maryah Central is part of an unparalleled 3.1 …

  Abu Dhabi / Emirates Business As part of its strategy to enhance scientific research and studies that provide accurate data to support decision makers, the Ministry of Finance (MoF), launched an initiative to conduct studies by experts in managing the overall economy and the Ministry’s financial policies. Research papers are and will be published in international scientific journals. The …