January, 2018

• 17 January

  Masdar and Khalifa University to research sea ice and energy efficiency in Antarctica

  Abu Dhabi / WAM Masdar and Khalifa University of Science and Technology, and the Australian government have announced that they will collaborate on sea ice research and energy efficiency in Antarctica to enhance scientific understanding of the effects of global warming and climate change on the polar continent. Announced during Abu Dhabi Sustainability Week in the presence of Dr Thani ...

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• 17 January

  AI, space and climate change to take centre stage at WGS 2018

  

  Dubai / WAM Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, the sixth edition of the World Government Summit (WGS 2018), will run from February 11-13. The upcoming edition of the summit will bring pivotal changes to the structure of the event with a series of specialised international ...

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• 17 January

  ADFD highlights success of UAE-Pacific Partnership Fund

  

  ABU DHABI / WAM Abu Dhabi Fund for Development (ADFD), and Abu Dhabi Future Energy Company (Masdar), held a panel discussion entitled ‘Renewables making waves in the Pacific: A new humanitarian model?’ that highlighted the success of the UAE-Pacific Partnership Fund (UAE-PPF). Held during Abu Dhabi Sustainability Week 2018, the session offered a fascinating glimpse into the role of aid ...

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• 17 January

  ADM processes 628k transactions in 2017

  ABU DHABI / WAM The Abu Dhabi City Municipality (ADM), announced that the number of transactions executed through its municipal centres and digital channels in 2017 had reached 628,483 transactions. Transactions processed clocked 146,629 transactions in City Municipal Centre, 15,044 transactions in Musaffah Centre, 14,115 transactions in Al Shahama Centre, 17,666 transactions in Al Wathba Centre, 12,826 transactions in Bawabat ...

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• 17 January

  GulfNav adds ‘Gulf Mishref’ and ‘Gulf Mirdif’ to its fleet

  

  Dubai / Emirates Business Less than a month after increasing its capital to AED 1 billion through an Initial Public Offering (IPO), Gulf Navigation Holding PJSC has announced refinancing “Gulf Mishref” and “Gulf Mirdif” petrochemical carriers. The move underlines the increasing demand for the company’s shipping services, which requires increasing its fleet capacity to meet the demand for its services ...

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• 17 January

  DCCI to host ‘business best practice seminars’

  

  DUBAI / Emirates Business The Dubai Chamber of Commerce and Industry (DCCI) announced that it will host a series of “Business Best Practice Seminars” this month as part of the 10th cycle of Mohammed bin Rashid Al Maktoum (MRM) Business Award and the 2nd cycle of the MRM Business Innovation Award. Three best practice seminars, to be held on January 22nd, ...

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• 17 January

  Emirates retains UAE’s best perceived brand title

  

  Dubai / Emirates Business World-renowned home-grown airline and lifestyle brand Emirates has topped consumer brand sentiment in the UAE for the third year running in the latest Best Brand Rankings, released today by YouGov BrandIndex. YouGov used Buzz scores to compile the rankings. Buzz is calculated by asking consumers daily if they have ‘heard anything positive or negative about a ...

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• 17 January

  Emirates NBD’s AM assets up 10% to reach $4.8 billion

  

  DUBAI / Emirates Business Emirates NBD Asset Management has consolidated its position as one of the leading regional asset managers, announcing strong full-year growth in Assets Under Management (‘AUM’), as well as top quartile returns across the bulk of its fund range. The business’ reputation as the asset manager of choice for institutional clients was further cemented by 2017 inflows ...

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• 17 January

  US stocks gain as earnings continue, BofA beats estimates

  

  Bloomberg US stocks rose as earnings season continued with another major bank reporting healthy results. The dollar rose, while Treasuries declined with gold, as Congress appeared closer to a deal to avert a government shutdown after January 19. All major equity gauges were higher, with semiconductor companies leading gainers. The S&P 500 Index climbed after Bank of America Corp. beat ...

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• 17 January

  Bitcoin sinks below $10,000

  

  Bloomberg Bitcoin tumbled below $10,000, bringing its loss to almost 50 percent from a record set only a month ago, as increased scrutiny from regulators around the world weighs on the digital- coin craze. The largest cryptocurrency dropped 10 percent to $9,610.05 as of 9:33 am in New York, its first foray below $10,000 since December 1, according to consolidated ...

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