Dubai / WAM The Commercial Compliance and Consumer Protection sector in the Department of Economic Development (DED), in Dubai, received 32,650 complaints from consumers and 1,657 from businesses in 2018, as DED continues to enhance communication with different customer groups and encourage them to use its diverse complaint resolution channels. On average, the department received 2,720 complaints a month in ...
Read More »Dubai’s economic growth between illusions of expectations and facts
Mohammed Jalal Alrayssi Executive Director of WAM The global monitoring and evaluation institutions vary in their forecasts for Dubai’s economic growth rates for 2019 to 2023, but all agree that the Emirate of Dubai has a proactive capacity to absorb and neutralise the negative repercussions of the global economic and trade volatility. “The continued economic activity, which is regularly supported ...
Read More »DLD honours Dubai’s real estate brokers
Dubai / Emirates Business Dubai Land Department (DLD) organised a ceremony to honour real estate brokers operating in Dubai for their outstanding performance during 2018, according to a number of select categories. The ceremony was attended by HE Sultan Butti bin Mejren, Director General of DLD; HE Eng. Marwan Ahmed bin Ghalita, CEO of RERA; the event organizer; and DLD’s ...
Read More »Invest in Sharjah presents FDI prospects to Indian investors
Sharjah / Emirates Business Sharjah FDI Office (Invest in Sharjah) presented the exceptional investment advantages and business opportunities offered by the business-friendly emirate to a number of high-profile investors and decision-makers from India and around the world participating in Vibrant Gujarat Global Summit 2019 in the state capital, Gandhinagar. Invest in Sharjah participated at one of India’s most important business ...
Read More »Dewa and Saudi Aramco ink MoU
Dubai / WAM Dubai Electricity and Water Authority (Dewa) signed a Memorandum of Understanding (MoU), with Saudi Aramco to cooperate on energy, Research and Development (R&D), and smart grids, as well as exchange experiences and best practices, to achieve their strategic objectives. This supports Dewa’s strategy to explore opportunities and help shape the future of the energy sector in the region. ...
Read More »EGA achieves record AED70mn in savings
ABU DHABI / WAM Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside oil and gas, on Monday announced that it achieved cost savings of AED70 million in 2018 through employee suggestions and continuous improvement projects, the highest ever in a year since the programme began in 1981. Commenting on the results, Abdulla Kalban, Managing ...
Read More »Dubai to host region’s biggest dental event in February
DUBAI / WAM Under the patronage of HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, and President of Dubai Health Authority, the 23rd edition of the UAE International Dental Conference and Arab Dental Exhibition – AEEDC Dubai, the largest dental event of its kind in the Menasa region and the second largest in ...
Read More »Canadian oil price surge fails to lift producers out of doldrums
Bloomberg Alberta’s crude curtailment plan has caused a dramatic rise in the price of heavy Canadian oil. But for shares of energy companies, it hasn’t been as much of a help. Since the production curtailment was unveiled early last month, Western Canadian Select crude has almost doubled to about $43 a barrel, narrowing its discount to benchmark US oil to ...
Read More »EU faces split over delaying Brexit by a year, say diplomats
Bloomberg European Union governments disagree over how long they think the UK should delay Brexit, with some pushing for an extension of as much as a year, diplomats said. While some countries think the EU should offer Britain a generous period to negotiate a deal that will win the backing of Parliament, possibly after a second referendum, others oppose a ...
Read More »10 UN peacekeepers killed in Mali attack
Bloomberg Militants operating in northern Mali killed 10 Chadian soldiers and injured 25 others in one of the deadliest attacks on the United Nation’s peacekeeping mission in the west African nation. An unknown number of assailants in armed vehicles struck the base in Aguelhok in northern Mali, according to a statement from the local UN peacekeeping mission. Peacekeepers pursued the ...
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