DUBAI / WAM Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum has ordered Mohammed Bin Rashid Housing Establishment (MRHE) to exempt families of the nation’s martyrs from paying the housing loans they incurred before martyrdom. This includes various kinds of loans such as loans for buying …

DUBAI / WAM The Dubai Foundation for Women and Children (DFWAC) launched its “Cases Empowerment Program” to rehabilitate the victims of violence of women to enter the Jobs market or starting their own small business that guarantees them a steady income to meet subsistence needs and ensures financial independence, which is one of the most important challenges facing this group. …

Dubai / Emirates Business Sky Telecom, the Dubai-based telecom and digital enabler for ICT service providers and the consumer technology industry, has outlined its expansion plans through the MENA region for 2016. The company, which was launched in Dubai in 2014, is unique in offering the ultimate mix of retail and digital platforms to consumers, providing the most complete and …

ABU DHABI / WAM Under the patronage of Sheikha Fatima bint Mubarak, Supreme Chairwoman of the Family Development Foundation, president of the General Women’s Union, chairwoman of Motherhood and Childhood Supreme Council, Abu Dhabi will host the 24th Global Annual Conference of the Women in Nuclear (WiN) organisation in November. According to an announcement of the Emirates Nuclear Energy Corporation …

DUBAI / WAM The Young Entrepreneur Competition 2016, held under the patronage of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince and Chairman of the Executive Council of Dubai, began on Wednesday at the Dubai Festival City Mall. The competition, organised by Dubai SME, the agency of the Department of Economic Development (DED) in Dubai mandated to …

Dubai / WAM Eager to snap up the unbeatable deals on the latest must-have gadgets, thousands of technophiles flocked to GITEX Shopper Spring, the region’s leading and highly anticipated consumer electronics event, on its opening day. Inaugurated by Sami Al Qamzi, Director General, Department of Economic Development in Dubai, in the presence of Helal Saeed Al Marri, Director General, Dubai …

Dubai / WAM DP World generated a cash flow of $1.43 billion (AED 5.3 billion) as at December 31, 2015, in spite of the global economic slowdown and world trade slump. The strong cash generation is due to the Group’s ambitious expansion plan and growth of its portfolio of global terminals and business volumes, particularly in Mumbai in India and …

Dubai / WAM Mohammed bin Rashid Space Centre (MBRSC) signed a Memorandum of Understanding with DP World, aimed at developing an organizational framework on means of cooperation and coordination, and the exchange of information, scientific data and expertise, and human resources consistent with the UAE’s strategy and public interest. According to the MoU, MBRSC will assess and provide current and …

Dubai / WAM A gathering of global technology leaders at this week’s Internet of Things Expo (IoTX) at Dubai World Trade Centre (DWTC) believe a combination of hyper connectivity, supercomputing, cloud computing, smart technologies and cyber security will make the Internet of Things (IoT) sector the single largest market opportunity for global businesses by the turn of the decade. “IoT …

Bloomberg Tata Steel Ltd., part of India’s biggest conglomerate, said a slump in global prices has forced it to consider selling its U.K. business, a decision that threatens to accelerate the demise of Britain’s steel industry. Global oversupply, high manufacturing costs and rising steel exports mean trading conditions in the U.K. and Europe have “rapidly deteriorated,” Mumbai-based Tata Steel said …