Dubai / Emirates Business The Dubai Real Estate Institute (DREI), the educational arm of Dubai Land Department (DLD), and Awards International, have announced the launch of the second edition of the Gulf Real Estate Awards, which targets all companies operating in the real estate sector in the GCC. The awards programme follows the directives of His Highness Sheikh Mohammed bin ...

Abu Dhabi / WAM Borouge received the Hamdan bin Mohammed Award for Innovation in Project Management under the category of ‘Innovative Idea in Portfolio Management’ due to its creative approach in carrying out innovation, operations, marketing and sales projects across the organisation. Held under the patronage of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai ...

Dubai / WAM The Government Transport Centre, a subsidiary of Emirates Transport (ET), announced that it has signed transport contracts worth AED48 million with a number of local and federal government entities. The latest signed contracts included two major agreements with Taqyeem Centre for commercial information and CRIF Gulf Dubai, worth in excess of AED23mn each, according to Abdul Gaffar ...

Dubai / WAM Dubai Carbon announced its first carbon credit transaction, with the sale of the resulting Certified Emission Reductions, CERs, from Dubai Electricity and Water Authority Chiller Station L Project through adopting the Clean Development Mechanism (CDM) to Farnek Total Facility Management. This initial sale paves the way for expansion of the green economy in Dubai, inviting further investment ...

Dubai / WAM The UAE has achieved a new global breakthrough in developing the UAE Government Excellence Model (GEM), as a global reference for supporting ambitious governments in improving their efficiency and shaping the future of their entities. This initiative embodies the vision of the Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al ...

ABU DHABI / WAM Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy and Industry, has underscored the need to extend the crude oil production cut deal to ensure market stability and reasonable prices, noting that reaching an agreement by OPEC and non-OPEC countries towards this end is possible and is likely to reduce the current supply glut. “International ...

DUBAI/ WAM The Dubai Chamber of Commerce and Industry (DCCI) received a high-level delegation from the Riyadh Chamber of Commerce and Industry on its premises as part of efforts to promote and facilitate knowledge sharing and cooperation between the two organisations. During the meeting, Hamad Buamim, President and CEO of Dubai Chamber, said, Saudi Arabia remains the top destination for ...

ABU DHABI / WAM A recent report issued by the Statistics Centre — Abu Dhabi (SCAD) revealed that the production of electricity from solar energy in the emirate of Abu Dhabi reached 280,085 MW per hour, a growth of 6.1 percent compared to 2015. The Abu Dhabi government has given considerable attention to renewable energy as part of its efforts ...

ABU DHABI / WAM Masdar City has been named “Best Free Zone for Start Up Support” by the Financial Times and has collected three other prestigious global awards. The Global Free Zone of the Year Awards, hosted by the FT’s fDi Magazine, are among the most high-profile awards in the free zone sector, with approximately 65 free zones entering this ...

ABU DHABI / Emirates Business Agility, UPAC, and NREC, the consortium behind Abu Dhabi’s Reem Mall, a retail, leisure and entertainment destination, announced that financing for the $1.2 billion project is now complete, by signing the largest real estate asset based facility in the United Arab Emirates in 2017. “The business climate in Abu Dhabi is one of the things ...