May, 2018

• 21 May

  Nasdaq Dubai plans to launch equity futures on Saudi firms

  DUBAI / WAM Nasdaq Dubai, the international stock exchange in the Middle East, is preparing to launch equity futures on leading companies listed in Saudi Arabia. The futures will give investors new hedging tools to take long and short positions on the companies, at a time when international investor interest in the Saudi stock market is increasing rapidly. The Saudi ...

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• 21 May

  Dafza steps up efforts in attracting investments and trade from China

  

  Dubai / Emirates Business Dubai Airport Freezone Authority (Dafza), one of the UAE’s leading free zones, has further strengthened its ties with China through a series of initiatives focused on expanding bilateral trade and investment this year. This includes a senior government delegation visit from China that was welcomed by HE Dr Mohammed Al Zarooni, Director General for Dafza. He ...

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• 21 May

  UAE OKs 10-year residency visa for investors, specialists

  Abu Dhabi / WAM UAE Cabinet approves new long-term visa for international investors and professional talents… and 100% investors’ ownership by year end In line with UAE’s position as a primary destination for international investors and a global talents, the UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE ...

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• 21 May

  Dubai Airports to save 20% on annual energy bill with Siemens solution

  

  Dubai / WAM Dubai Airports will use Siemens’ data analytics and smart building technology to guarantee annual energy savings of almost 20 percent per year at Dubai Airports’ facilities, by implementing energy efficiency measures at Terminal 1, Terminal 2, Terminal 3 and Concourse B at Dubai International (DXB). Focusing on air and water systems, the seven-year project is expected to ...

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• 21 May

  Hamdan approves new organisational structure of DLD

  Dubai / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, issued Executive Council Resolution No. 17 of 2018 approving the new organisational structure of the Dubai Land Department (DLD). The new structure includes the Real Estate Regulatory Agency (RERA), the Dubai Real Estate Institute (DREI), and the ...

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• 21 May

  WGES 2018 to focus on green capital, digital transformation

  DUBAI / WAM The annual World Green Economy Summit (WGES 2018), will be organised in Dubai to tackle global issues and important strategies, including the digital age and its impact on building a ‘green’ and sustainable future growth across industries. This was announced on Monday by the organising committee of the fifth WGES 2018. WGES is set to take place ...

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• 21 May

  Khalifa Foundation to offer 10,000 food parcels to residents in Socotra

  

  ABU DHABI / WAM The Khalifa bin Zayed Al Nahyan Foundation has launched a Ramadan project that aims to provide 10,000 food parcels, to the residents of Socotra through a maritime and aerial bridge, which will benefit over 50,000 people. The project is a realisation of the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan and is ...

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• 21 May

  Energy CEOs embrace digitalisation as new tech transforms oil, gas industry

  

  ABU DHABI / Emirates Business Digitalisation is the number-one trend driving CEO decision-making in the global oil and gas sector. According to recent research by international consulting firm, McKinsey, a range of interconnected emerging technologies have the power to unlock a potential $50 billion in savings and increased profit. Encompassing fields such as artificial intelligence (AI), blockchain, robotics, sensor technology, ...

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• 21 May

  AUH reduces waiting time, increase capacity with IoT

  

  Abu Dhabi / Emirates Business Dubai Technology Partners LLC (DTP), the region’s leading systems integrator for the aviation industry, announced that it has joined forces with Xovis, the leading provider of people flow monitoring solutions, to help improve operations at Abu Dhabi International Airport (AUH). Serving 24 million passengers per year, AUH is one of the fastest growing hubs in ...

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• 21 May

  Julphar wins ‘best emerging GCC pharma firm’ award

  

  DUBAI / WAM Julphar, one of the largest pharmaceutical manufacturers in the Middle East and Africa, has won the Frost & Sullivan 2018 Award for the Best Emerging GCC Pharma Company. The awards programme, now in its fourth year, is based on Frost & Sullivan’s research on best practices in growth, innovation and leadership and honours best-in-class innovators and disruptors ...

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