May, 2017

• 17 May

  Emaar shares jump to AED7.52, raise UAE market indices

  ABU DHABI / WAM The UAE stock markets on Wednesday saw a robust rise in the leading shares of the real estate sector at the Dubai Financial Market, with Emaar shares leading at AED7.52, and Etisalat shares registering a significant rise. The largest support for the market came from the Emaar shares that bounced to the level of AED7.52 after ...

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• 17 May

  Dubai-Qatar trade up 92% in 5 yrs

  

  DUBAI / WAM Dubai’s trade with Qatar grew 92 percent in the period from 2011 to 2016, reaching AED15 billion last year, according to Sultan bin Sulayem, DP World Group Chairman and CEO and Chairman of Ports, Customs and Free Zone Corporation, PCFC. “The GCC customs union is moving steadily towards a full integration between the GCC countries by supporting ...

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• 17 May

  Sharjah summit explores investment outlook in emirate

  SHARJAH / WAM Gulftainer, in conjunction with its logistics subsidiary Momentum Logistics, co-hosted the Sharjah Business Summit with prominent local government entities. The one-day flagship event explored the investment outlook in the Emirate of Sharjah and showcased logistics and supply chain solutions. The event at the Sharjah Chamber of Commerce drew the participation of more than 100 key government stakeholders ...

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• 17 May

  Airport Show in Dubai ends with a resounding success

  

  Dubai / WAM The 17th Airport Show has concluded in Dubai with resounding success with more than 7,200 attendees from aviation industry worldwide. Reflecting a strong confidence in Middle East’s aviation sector and the Airport Show, more than 50 per cent of the exhibitors confirmed their participation for the next year. Reed Exhibitions Middle East, organisers of the Airport Show, ...

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• 17 May

  Experts highlight key issues of aviation sector

  Dubai / WAM Aviation leaders and experts highlighted key aviation industry issues, challenges and opportunities for the industry worldwide during a global forum in Dubai, citing oil price, global economy, political unrest and consumer confidence as short-term factors, and technology, urbanisation, economic balance of power and resource scarcity as long-term factors. Uncertain oil price is one of the major concerns ...

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• 17 May

  ERC rebuilt 17 houses for Yemeni families

  

  MOCHA / WAM The Emirates Red Crescent (ERC), rebuilt 17 houses to several Yemeni families as part of the first phase of reconstruction in Mocha in Taiz Governorate, Yemen, under the framework of a series of rescue and humanitarian aid for the #Year of Giving. After delivering the house keys to the beneficiaries, an ERC official in Aden stressed that ...

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• 17 May

  ‘One-time use’ mobile phone chargers banned

  Dubai / WAM Hussain Nasser Lootah, Director-General of Dubai Municipality has issued a decree banning the sale and circulation of one-time use phone chargers in Dubai. The decree was issued based on the municipality’s keenness to implement the highest standards of health and safety based on the Local Order No. 10 of 2003 on the technical requirements to be provided ...

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• 17 May

  UAE remains top spot for Arab digital entrepreneurs, investors

  

  Dubai / WAM Crown Prince of Dubai His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum said that the investment environment within the UAE has witnessed significant changes over the past years under the leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, with significant opportunities for creativity and innovation opening up as the world moves towards ...

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• 17 May

  DLD triumphs at Ideas Arabia Competition 2017 with double win

  

  Dubai / Emirates Business Dubai Land Department (DLD) has won two prestigious titles at the Ideas Arabia Competition 2017, which was launched by the Dubai Quality Group in 2006 to celebrate ground-breaking innovations that have been implemented by institutions over the past year and achieved qualitative results. DLD won first place in the ‘Happy Customers’ and ‘Technology’ categories for its ...

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• 17 May

  UAE Food Bank to extend operations outside UAE

  Dubai / WAM The UAE Food Bank is to open branches and centres outside the country as part of the UAE’s mission to expand its charitable, relief and humanitarian activities worldwide. This was revealed by Hussain Nasser Lootah, Vice Chairman of the Board of Trustees of UAE Food Bank and Director-General of Dubai Municipality. The Vice Chairman said that the ...

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