January, 2019

• 21 January

  Dubai Aerospace grows fleet tally to 54 aircraft

  

  Dubai / Emirates Business Dubai Aerospace Enterprise (DAE) Ltd announced that it continues to make strong progress in building its managed aircraft portfolio. In 2018, DAE concluded transactions adding 19 aircraft to the portfolio valued at over $500 million, taking DAE’s total managed fleet to 54 aircraft. DAE is growing its managed portfolio both through sales of assets targeted for ...

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• 21 January

  Deal signed to promote financial literacy in UAE

  DUBAI / Emirates Business Al Etihad Credit Bureau (AECB), the UAE’s federal credit bureau, and Visa, the world’s leader in digital payments, signed a memorandum of understanding (MoU) to promote responsible money management among consumers in the UAE. The agreement was signed by Marwan Lutfi, CEO, Al Etihad Credit Bureau, and Marcello Baricordi, General Manager of Mena, Visa. The organisations ...

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• 21 January

  Mohammed visits Hatta

  

  Hatta / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, ordered concerned government entities to speed up the execution of projects related to Hatta’s comprehensive development plan, that seeks to turn the city into a key touristic and investment hub that offers all requirements for decent life to ...

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• 21 January

  President issues Emiri decree restructuring Abu Dhabi Executive Council

  Abu Dhabi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan, in his capacity as the Ruler of Abu Dhabi, issued an Emiri Decree restructuring the Abu Dhabi Executive Council, under the chairmanship of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. The Decree ...

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• 21 January

  Gargash meets Sweden’s envoy to Yemen, Libya

  

  Abu Dhabi / WAM The importance of ensuring Houthi militias’ full compliance with the UN-sponsored Sweden agreement was the crux of the meeting Dr Anwar bin Mohammed Gargash, Minister of State for Foreign Affairs, had with the envoy of the Kingdom of Sweden to Yemen and Libya, Peter Semneby. During the meeting, which was held at the premises of the ...

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• 21 January

  UAE and Australia to accelerate trade, investment cooperation

  

  Abu Dhabi / WAM Prospects of cooperation in promoting investment and trade exchanges between the UAE and Australia were reviewed by Undersecretary of Ministry of Economy for Foreign Trade, Abdullah Al Saleh, and Australian Minister for Trade, Tourism and Investment, Simon Birmingham. At the meeting, which was held at the Ministry’s premises in Dubai, the two sides addressed e-commerce challenges, ...

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• 21 January

  UAE supports energy sector in Hadramaut

  

  HADRAMAUT / WAM The Emirates Red Crescent (ERC), on Monday delivered an electric generator to Thamud Directorate in Hadramaut, Yemen, to support the energy sector and solve the power outage crisis for residents. The gesture is part of the UAE’s continuing efforts to rehabilitate the infrastructure including energy across various Yemeni governorates, and to alleviate the suffering of Yemeni citizens. ...

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• 21 January

  Dubai resolves 96% consumer complaints in 2018

  

  Dubai / WAM The Commercial Compliance and Consumer Protection sector in the Department of Economic Development (DED), in Dubai, received 32,650 complaints from consumers and 1,657 from businesses in 2018, as DED continues to enhance communication with different customer groups and encourage them to use its diverse complaint resolution channels. On average, the department received 2,720 complaints a month in ...

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• 21 January

  Dubai’s economic growth between illusions of expectations and facts

  

  Mohammed Jalal Alrayssi Executive Director of WAM The global monitoring and evaluation institutions vary in their forecasts for Dubai’s economic growth rates for 2019 to 2023, but all agree that the Emirate of Dubai has a proactive capacity to absorb and neutralise the negative repercussions of the global economic and trade volatility. “The continued economic activity, which is regularly supported ...

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• 21 January

  DLD honours Dubai’s real estate brokers

  Dubai / Emirates Business Dubai Land Department (DLD) organised a ceremony to honour real estate brokers operating in Dubai for their outstanding performance during 2018, according to a number of select categories. The ceremony was attended by HE Sultan Butti bin Mejren, Director General of DLD; HE Eng. Marwan Ahmed bin Ghalita, CEO of RERA; the event organizer; and DLD’s ...

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