April, 2018

• 8 April

  SM Prime to build Ikea’s first Philippine store

  Bloomberg SM Prime Holdings, the largest Philippine shopping mall developer, will build Ikea’s first store in the country within its retail complex, with plans for an arrangement with the Swedish furniture company at its other properties. The store will be built within SM Prime’s Mall of Asia complex in Manila, located between its convention centre and sports arena, Alex Pomento, ...

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• 8 April

  Boeing weighs retrofitting 777 jets to bolster freight service

  

  Bloomberg Boeing Co. is considering whether to convert used 777 passenger jets into freighters, seeking to capitalise as booming e-commerce sales spur new demand for air freight worldwide, people familiar with the matter said. While Boeing has studied retrofitting the used wide-bodies for more than a decade, the effort has taken on new life in recent months as air cargo ...

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• 7 April

  FDI in UAE tops AED1trn

  DUBAI / WAM The total of the Foreign Direct Investments (FDI) in the UAE increased to more than AED1 trillion by the end of 2016, an indication of economic robustness, the UAE Federal Competitiveness and Statistics Authority (FCSA) said. According to the outcomes of a survey conducted by the FCSA, in association with local statistics authorities in the country, the ...

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• 7 April

  Abu Dhabi completes phase one of Tamm

  ABU DHABI / WAM Abu Dhabi’s Smart Solutions and Services Authority (ADSSSA) announced on Saturday that it has completed work on phase 1 of the integrated government project, Tamm. The Authority said that it has turned nine documents and services of 15 government bodies into integrated electronic data, thus saving AED80 million on the customers part and AED11 million on ...

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• 7 April

  Aramco plans to build petchem facility in US

  Bloomberg Saudi Arabia’s state oil company will soon sign an agreement with a British oilfield services firm to explore building chemical facilities in Texas, according to people familiar with the matter. The agreement with TechnipFMC Plc involves a study for a potential chemical unit on the US Gulf Coast that would be able to produce materials used in gasoline and ...

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• 7 April

  VP orders extension of deadline for building on granted lands in Dubai

  Dubai / WAM In his capacity as the Ruler of Dubai, Vice President and Prime Minister of the UAE His Highness Sheikh Mohammed bin Rashid Al Maktoum ordered a three-year extension of the deadline for building private residences on lands granted by Dubai Government to Emiratis. The extension starts the day following the date of the previous deadline. The order ...

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• 7 April

  UAE begins implemention of AI in infrastructure sector

  

  Dubai / WAM Dr Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development, and Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, got first-hand knowledge about the ministry’s application of Artificial Intelligence (AI), technologies in the federal highways projects while touring the site of the Kalba Ring Road development project. The new technology is expected to ...

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• 7 April

  ADGM Courts launches digital eCourts platform

  Abu Dhabi / WAM Abu Dhabi Global Market Courts (ADGM Courts), has announced the launch of the ADGM Courts ePortal. The eCourts platform revolutionises the delivery of civil and commercial judicial dispute-resolution services and transforms the way courts interact with litigants and the legal profession. Developed in partnership with Microsoft, the Integrated eCourt Platform provides a comprehensive, digital court record. ...

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• 7 April

  ADFD allocated AED2.5 billion to support vital healthcare projects

  Abu Dhabi / WAM The Abu Dhabi Fund for Development (ADFD), highlighted its efforts to achieve sustainable development in the global healthcare sector as part of its ongoing priority to improve the health and well-being of individuals in developing countries. In a report issued by the Fund to mark World Health Day that falls on April 7, ADFD revealed that ...

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• 7 April

  RTA to procure 316 buses costing AED465 million

  Dubai / WAM The Board of Directors of the Roads and Transport Authority (RTA), in Dubai, chaired by Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors, has endorsed contracts for the procurement of 316 multi-size buses. These buses are compliant with the European Emission Standards featuring Euro 5 and Euro 6 buses, for the first time ...

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