ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX) has started implementing blockchain technology, enabling shareholders to overlook and participate with further transparency while using advanced e-voting techniques. The technology was used recently at Annual General Meetings (AGM), of the ADX for six listed companies including two private joint stock companies and four public joint stock companies. On this occasion, ...
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May, 2017
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31 May
‘Producers committed to cut oil inventories to 5-yr average’
MOSCOW / Reuters OPEC and non-OPEC countries are committed to bringing global oil inventories down to the industry’s five-year average, Saudi Energy Minister Khalid al-Falih said on Wednesday, adding he saw the target being reached in the very near future. Speaking in Moscow after a meeting between OPEC and Russia, Falih and his Russian counterpart Alexander Novak also said they ...
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31 May
ADGM’s new foundations regime to address regional, global needs
ABU DHABI / WAM Abu Dhabi Global Market (ADGM) has issued a public consultation paper inviting feedback on its proposal to establish a legislative and regulatory framework for foundations within ADGM. ADGM Foundations Regulations follow international best practice, including international regulatory obligations, and cater to the unique requirements of families and asset owners in Abu Dhabi, regionally and globally. Foundations ...
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31 May
DIEDC witnesses record progress across Islamic economy initiatives
Dubai / WAM Sultan bin Saeed Al Mansouri, Minister of Economy and Chairman of the Dubai Islamic Economy Development Centre, DIEDC, has announced that the centre has made remarkable progress in three strategic sectors of the Islamic economy: Islamic finance, Halal trade and industry, and Islamic lifestyle. He noted that among the objectives of DIEDC’s updated strategy for 2017-2021, are ...
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31 May
ADNOC inaugurates two new service stations in Abu Dhabi, Ras Al Khaimah
Abu Dhabi / Emirates Business ADNOC Distribution has announced the opening of two new service stations in Abu Dhabi and Ras Al Khaimah, taking the total number of service stations in its UAE-wide network to 447: these include 347 stations dedicated to vehicles and boats and 100 stations serving specialised sectors. The newly opened stations are the Tawazun service station ...
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31 May
Sheikh Zayed Book Award calls for nominations for 2018 edition
Abu Dhabi / Emirates Business The Sheikh Zayed Book Award has announced it is now accepting nominations for its 2018 edition, with submissions accepted until October 1. The announcement was made during a meeting of the Award’s Committee during the Abu Dhabi International Book Fair. The call for nominations comes after the successful concluding of the Award’s grand ceremony to ...
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31 May
Dubai Culture hosts exciting events for children at Etihad Museum
Abu Dhabi / Emirates Business Dubai Culture & Arts Authority (Dubai Culture), the Emirate’s dedicated entity for culture, arts and heritage, organised a range of exciting workshops for children at the Etihad Museum in celebration of International Museums Day. The museum welcomed around 100 children to partake in artistic workshops, heritage activities and a storytelling session that were designed to ...
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31 May
Tejar Dubai hosts workshop on ‘design thinking’ concept
Dubai / Emirates Business Tejar Dubai, an initiative of the Dubai Chamber of Commerce and Industry, recently organised a workshop to introduce aspiring entrepreneurs to design thinking, a solutions-focused concept designed to boost innovation and creativity within organisations. The workshop, entitled “Innovation and Design Thinking”, was hosted at the Chamber’s premises and covered the various stages of the design thinking ...
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31 May
Ahmed bin Saeed launches Dubai Smart City Accelerator
Dubai / Emirates Business His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Silicon Oasis Authority (DSOA), on Wednesday launched Dubai Smart City Accelerator – the first of its kind in the MENA region – within DSOA’s wholly owned Dubai Technology Entrepreneur Centre (Dtec), the largest hub of its kind in the Middle East. His Highness Sheikh Ahmed ...
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31 May
Etihad offers free stopovers from ME, Africa and Pakistan
Abu Dhabi / Emirates Business Etihad Airways, the national airline of the United Arab Emirates, will offer one night’s free accommodation at the Radisson Blu hotel on Abu Dhabi’s Yas Island to all guests travelling in Economy Class from the Middle East, Africa and Pakistan, and stopping over in the national capital. The offer is valid from now until 15 ...
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