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Abu Dhabi / WAM HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, UAE Minister of Finance and Chairman of the Board of Dubai World Trade Centre Authority, on Monday announced the 2015 annual performance results of Dubai World Trade Centre (DWTC) highlighting an impressive 12% year-on-year increase in traffic to deliver 2.74 million delegates and attendees, coupled ...

Alkesh Sharma EMIRATES BUSINESS In a bid to create a smart vision for the region and to draft a roadmap to connect the cities of the future, Internet of Things Expo 2016 (IoTX) is all set to attract the who’s who from the technology industry globally to Dubai. Exploring the limitless possibilities that IoT could unleash in this modern age, ...

Dubai / EMIRATES BUSINESS Majid Al Futtaim, the leading shopping mall, retail and leisure pioneer across the Middle East and North Africa, released its audited financial results for full year ended 31 December 2015, which says net profit from continuing operations increased by 29% to AED 3.3 billion

ABU DHABI / WAM The Board of Directors of the Emirates Telecommunications Group Company, ‘Etisalat Group’, appointed Saleh Abdullah Al Abdooli as Chief Executive Officer of Etisalat Group. With the restructuring, Al Abdooli will now manage the company’s international operations as well as the local UAE operations. Al Abdooli has over 25 years of experience in the telecom sector

DUBAI / WAM The Dubai Commodities Clearing Corporation (DCCC), the central counter-party (CCP) for the Dubai Gold & Commodities Exchange (DGCX), announced that Clearing members will now be able to deposit cash collateral to the Corporation in the form of Euro, UK Pound (GBP) and Japanese Yen (JPY) in addition to UAE Dirhams (AED) and US dollars.

Abu Dhabi / WAM Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, on Monday received Arkin Amir Albak, Vice Chairman of the Standing Committee of the National People’s Congress of China and Chairman of the China-Arab Friendship Society, to discuss a variety of parliamentary issues and areas of joint co-operation between ...

Dubai / WAM Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, on Monday received President of South Africa, Jacob Zuma, and his high-profile ministerial delegation, at Zabeel Palace. The South African President is touring a number of countries in the region. Present at the meeting were HH Sheikh Hamdan bin Mohammed ...

Dubai / WAM Dubai Customs (DC) has welcomed a delegation from the Suez Canal Special Economic Zone (SCZone) in a bid to further boost bilateral ties between the UAE and Egypt. The visit was aimed at getting a hands-on look at Dubai Customs systems, procedures and in-house developed technologies, as well as exploring prospects for fostering joint cooperation. The DC ...

Abu Dhabi / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has issued Executive Council Resolution No (7) of 2016 pertaining to fees and fines related to the health insurance sector in Dubai. The new Resolution supports the provisions of Law No. (11) of 2013 concerning health ...

Dubai / WAM More than 250 exhibitors have already confirmed their participation for the 16th Airport Show 2016, being held in Dubai from May 9 to 11. The show has also seen remarkable growth in exhibition space, number of Hosted Buyers and pre-registered participants, according to Reed Exhibitions Middle East, the event organisers. The show will occupy an exhibition space ...