June, 2019

• 17 June

  Mainland China, HK delegation explore opportunities in UAE

  

  DUBAI / WAM A high-level joint business and professional mission from China and Hong Kong have congregated in Dubai for a two-day business programme that focused on cooperation and investment opportunities in the UAE. The mission, co-organised by the Commerce and Economic Development Bureau of the Hong Kong Special Administrative Region (HKSAR), and the Ministry of Commerce of the People’s ...

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• 17 June

  Dubai Customs uses AI to boost productivity

  DUBAI / WAM Sultan bin Sulayem, DP World Group Chairman and CEO and Chairman of Ports, Customs and Free Zone Corporation (PCFC), expressed his happiness that the “Productivity Engine” was approved by the Dubai Executive Council to be used at the government departments level. The engine, developed in-house by Dubai Customs, uses Artificial Intelligence, AI, to boost productivity, reduce costs ...

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• 17 June

  AED3,000 fine for not giving way to emergency vehicles

  

  ABU DHABI / WAM The Ministry of Interior (MoI), announced that it is increasing the fine concerning drivers that do not give way to emergency vehicles, such as ambulances, police cars and official parade vehicles, as mentioned in Federal Traffic Law, to AED3,000. Offending vehicles can also be seized for 30 days and drivers will be penalised six traffic points, ...

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• 17 June

  Thuraya unveils its smart satellite solutions for mobility at S’pore event

  

  DUBAI / WAM Thuraya Telecommunications Company, the mobile satellite services subsidiary of the Al Yah Satellite Communications Company (Yahsat), on Monday announced the unveiling of its newest smart solutions for the fast-growing APAC market at CommunicAsia 2019 in Singapore. By combining the power of L-band with the dexterity of GSM and the global reach of Ku-band, Thuraya provides users unrivalled ...

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• 17 June

  DMCC introduces business setup offer for JLT residents

  

  DUBAI / WAM DMCC, the free zone for commodities trade and enterprise, has launched an exclusive offer on company set up for residents in the Jumeirah Lakes Towers, JLT, community. From June 2019, JLT residents qualify for a 40 percent reduced rate when registering a new company. “Flexibility is key when starting a business and by launching this exclusive offer, ...

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• 17 June

  Salt brings global thought leadership meet to Abu Dhabi

  

  ABU DHABI / WAM SALT – a global thought leadership forum fostering collaboration at the intersection of finance, technology, and geopolitics – has announced that it will bring the global thought leadership forum to Abu Dhabi later this year in strategic partnership with Abu Dhabi Global Market (ADGM). SALT Abu Dhabi, set to take place from November 19-21, will gather ...

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• 17 June

  Dubai DED issues 50% more business licences in May

  

  Dubai / WAM The Business Registration and Licensing (BRL), sector in the Department of Economic Development (DED, Dubai), issued 2,599 new licences during May 2019, a growth of 50 percent compared to May 2018 (1,736). The new licences created 8,348 jobs in the labour market. Among those issued, 54.7% were professional, 42.7% were commercial, 1.8% related to tourism and 0.8% ...

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• 17 June

  Dubai welcomed 29,670 tourists from Romania in first three months of ’19

  

  Dubai / WAM Dubai’s Department of Tourism and Commerce Marketing, Dubai Tourism, reported a steady incline in tourism volumes from Romania, welcoming 29,670 overnight visitors in the first three months of 2019. Underscoring a 24 percent year-on-year increase when compared to the same period in 2018, the emirate has experienced sustained interest and a steady uplift in the number of ...

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• 17 June

  Emirates Award for Arabian Gulf Youth launched

  Abu Dhabi / WAM Emirates Foundation announced on Monday the launch of the fourth edition of the Emirates Award for the Arabian Gulf Youth (EAAGY). The award aims to unleash young individual’s social entrepreneurship potential and to establish leading social enterprises, which are capable of addressing and tackling collective challenges and achieving sustainable outcomes. It is one of the Emirates’ ...

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• 17 June

  Adnoc, OCI create world’s largest fertiliser exporter

  

  Abu Dhabi / WAM The Abu Dhabi National Oil Company (Adnoc) on Monday announced a new strategic partnership with OCI N.V, which is a global producer and distributor of natural gas-based fertilisers and industrial chemicals, headquartered in the Netherlands. The partnership will see Adnoc combine its fertiliser business, Adnoc Fertilisers, into OCI’s Middle East and North Africa (Mena) nitrogen fertiliser ...

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