March, 2016

• 21 March

  Housing units worth AED1.7 bn for Emiratis in Fujairah’s MBZ city

  

  ABU DHABI / WAM HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, attended the signing of an agreement between the Follow-Up Committee of the Initiatives of the UAE President and Arabtec Holding to build 1,100 housing units for Emiratis in Fujairah’s Mohamed bin Zayed City(MBZ) at a total cost of AED1.712 billion. The ...

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• 21 March

  ADIA marks 40th anniversary

  ABU DHABI / WAM HH Sheikh Hamed bin Zayed Al Nahyan, Managing Director of ADIA, issued an open letter on the occasion of the Abu Dhabi Investment Authority(ADIA) celebrating its 40th anniversary: Over the course of the past four decades, ADIA has evolved from a small operation using shared office space to become one of the world’s largest and most ...

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• 21 March

  ADCB, Emirates Foundation to work for financial literacy in UAE

  

  ABU DHABI / WAM Abu Dhabi Commercial Bank (ADCB) and Emirates Foundation, the UAE national foundation established to facilitate public-private partnerships for empowering youth, announced on Monday a ground-breaking collaboration aimed at increasing levels of financial literacy in the UAE. The ADCB/EF Financial Literacy partnership is the first-of-its-kind in the region, and is set to offer branch-based financial literacy and ...

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• 21 March

  DEWA honours Robotics competition winners

  

  DUBAI / WAM Dubai Electricity and Water Authority(DEWA) organised the DEWA Robotics Competition Ceremony, to honour the winners and participants of the DEWA Robotics Competition, which was held during Innovation Week 2015, at DEWA’s head office. The move supports the National Innovation Strategy, launched by Vice President and Prime Minister and Ruler of Dubai, HH Sheikh Mohammed bin Rashid Al ...

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• 21 March

  Money supply aggregate hits AED474.4bn in Feb

  ABU DHABI / WAM The Central Bank announced that the Money Supply aggregate M1 increased by 0.2%, from AED 473.5 billion at the end of January 2016 to AED 474.4 billion at the end of February 2016. Money Supply aggregate M2 remained constant at AED 1,212.5 billion at the end of February 2016. Money Supply aggregate M3 increased by 0.02%, ...

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• 21 March

  Etihad ESCO saves DEWA 75% power

  

  RITIKA SHARMA / EMIRATES BUSINESS Energy efficiency can translate into economic advantage. And Etihad ESCO, a leading energy retrofit entity, is showing the way by providing dependable solutions to reduce power usage across a spectrum of industries. In one of its latest initiative, Etihad ESCO executed the lighting retrofit project at the Dubai Electricity and Water Authority (DEWA) power stations ...

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• 21 March

  Dubai SME, UD sign MoU

  DUBAI / WAM Dubai SME, the agency of the Department of Economic Development (DED) in Dubai mandated to develop the small and medium enterprise (SME) sector, and University of Dubai (UD), have signed a memorandum of understanding (MoU) to jointly support innovation and entrepreneurship.

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• 21 March

  TECOM champions innovation

  DUBAI / WAM TECOM Group, Dubai’s leading business enabler and a member of Dubai Holding, on Monday announced the development of its industry management team, to ensure the company is able to continue championing industry growth, as well as focus on Dubai’s innovation-related initiatives and customer centricity.

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• 21 March

  Arabtec to build 1,100 housing units for Emiratis worth AED1.7 billion

  

  Abu Dhabi / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, has attended the signing of an agreement between the Follow-Up Committee of the Initiatives of the UAE President and Arabtec Holding to build 1,100 housing units for Emiratis in Fujairah’s Mohamed bin Zayed City at a total cost of AED1.712 ...

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• 21 March

  Joyalukkas announces winners of promotional campaign

  

  Dubai / Emirates Business The mega winning opportunity at Joyalukkas Shop & Fly has received an overwhelming response from customers across GCC. The third set of winners of the campaign was announced on Monday, who got Airline Vouchers. The Joyalukkas Shop & Fly is offering every customer shopping for AED500 worth of Jewellery, the opportunity to travel to destinations they ...

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