AJMAN / WAM HH Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, has approved the general budget of the Ajman Government for the 2018 fiscal year. He issued Emiri Decree No. 27 of 2017 on adopting the bud-get, with expenses totalling AED1.367 billion, 16 percent higher than the 2017 budget. HH Sheikh Ammar bin Humaid ...

DUBAI / WAM First Abu Dhabi Bank (FAB) has been named the UAE Asset Manager of the Year by the Global Investor Group. FAB representatives received the award during the MENA Asset Management and Trading Summit held in Dubai. Jointly organised by Global Investor Group and Futures & Options World (FOW), the MENA Asset Management and Trading Summit brought together ...

DUBAI / WAM The Dubai Health Authority (DHA) has called on individual sponsors and company owners in Dubai to renew health insurance of their employees and dependents to avoid any fines. Dr Haidar Al Yousef, Director of the Health Funding Department at the DHA, said that sponsors and company owners who violate the Dubai Insurance Law No. 06 of 2017 ...

ABU DHABI / WAM The Abu Dhabi City Municipality (ADM) has announced the completion of a comprehensive project involving extensive maintenance infrastructure works at Al Wathba, Zayed City and Musaffah covering rehabilitation of roads, greens, lighting & irrigation networks, and pavements. The project is part of the overall maintenance plan aimed at upgrading and renovating the infrastructural components as well ...

Dubai / Emirates Business Dubai continues to grow in stature as a hub for regional and international associations, with organisers lauding the success of the inaugural Dubai Association Conference and emphasising the opportunities available in the emirate. The two-day event took place at Dubai World Trade Centre (DWTC) attracted over 300 delegates, including associations and industry experts, from 32 countries. It ...

Abu Dhabi / WAM Rashid Al Baloushi, CEO of the Abu Dhabi Securities Exchange (ADX), participated in the ‘Annual Conference on Cultural Diplomacy 2017’, in Berlin, Germany, from December 19-22, under the title, ‘Promoting Global Collaboration, Unity and Peace through Cultural Diplomacy’. More than 500 political and economic experts, as well as scholars, participated in the conference. Al Baloushi highlighted ...

Dubai / WAM The Telecommunications Regulatory Authority (TRA), announced the initiation of IMT2020 technology, also known as 5G technology. Licencees from mobile operators in the UAE will start the deployment of 5G networks in several phases starting from early 2018, allowing the use of harmonised spectrum bands and the development of the ICT infrastructure. This development facilitates the implementation of ...

Abu Dhabi / WAM Due to heavy fog forecasts in Abu Dhabi over the next few days, Etihad Airways has anticipated some flight delays and cancellations. As a consequence, some return flights of Etihad Airways into Abu Dhabi are also expected to face disruption, according to the company’s spokesman. Guests holding bookings over the next few days are advised to ...

Dubai / Emirates Business Green Valley Real Estate announced on Sunday that the total investment in 2017 skyrocketed and far exceeded the original estimate of AED3.2 billion. Green Valley, an established name in social and international markets, strives to maintain a global presence through established worldwide communities in different countries. As of 2017, the group owns a total of 42 ...

Bloomberg SpaceX’s launch of a rocket carrying a batch of satellites into low-earth orbit caps a record year for the closely held company led by Elon Musk. The mission from California’s central coast was Space Exploration Technologies Corp.’s 18th this year. That’s more than any competitor and far exceeds the eight it launched in 2016 before a September explosion grounded ...