DUBAI / WAM Deyaar Development PJSC (Deyaar), one of Dubai’s leading property developers and real estate service providers, announced its financial results for the third quarter of 2017. The company reported revenues of AED 512 million for the first nine months of the year as compared to AED 261 million in the same period in 2016, representing a 96 percent ...
Read More »Dubai Chamber explores trade opportunities in Malta
DUBAI / WAM The Dubai Chamber of Commerce and Industry concluded its high-level trade mission to Malta, which aimed to strengthen bilateral ties and explore trade and investment opportunities that are opening up in the fast-growing European country. A business delegation led by Dubai Chamber met with key stakeholders from the country’s public and private sectors, including Joseph Muscat, Prime ...
Read More »RTA, UNDP ink cooperation agreement
ABU DHABI / WAM The Roads and Transport Authority (RTA) signed a Memorandum of Understanding with the United Nations Development Programme (UNDP) to enhance cooperation between the two entities. The terms of the MoU provide for holding workshops on the sidelines of the Dubai International Projects Management Forum, focusing on humanitarian and development projects. Mattar Al Tayer, Director-General and Chairman ...
Read More »Connected world drives ‘consumer trust divide’
DUBAI / Emirates Business Today’s connected world is driving a ‘consumer trust divide’ between suspicious minds in developed nations and more accepting attitudes in emerging count-ries, according to Kantar TNS’s latest Connected Life research. Kantar TNS surveyed 70,000 people across 56 countries and conducted 104 in-depth interviews as part of the 2017 Connected Life study. The research explored consumer trust ...
Read More »Comprehensive session for hardware startups launched
ABU DHABI / WAM StartAD has invited innovative startups to apply for UAE’s first hardware Venture Launchpad, an immersive 10-day entrepreneurship programme at New York University Abu Dhabi (NYUAD) that will help startups develop a scalable, repeatable, and capital efficient venture. The programme will take place from December 4-13 and the deadline to apply is set for November 15. The ...
Read More »Mohamed: UAE has been a pioneer in promoting happiness, positivity
Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, met with a delegation from the National Happiness and Positivity Programme to discuss the programme’s initiatives, achievements, and future objectives. Ohood Al Roumi, Minister of State for Happiness, was also in attendance. Speaking during ...
Read More »Masdar-led JV agrees financing for largest wind farm in Serbia
BELGRADR / WAM Financing for one of the largest wind power projects in mainland Europe has been agreed by the project’s shareholders and lenders at a ceremony in the Serbian capital of Belgrade. Due for completion in the first half of 2019, the 158 megawatt (MW) capacity Cibuk 1 wind farm will be the largest utility-scale commercial wind project in ...
Read More »â€˜Creative strategic ties key to success of oil and gas sector’
ABU DHABI / WAM Creative strategic partnerships hold the key to the continuing success and resilience of the oil and gas industry, Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State, CEO of the ADNOC Group, told the 38th annual Oil and Money Conference, in London on Tuesday. Delivering the ministerial keynote address, on the opening day of the ...
Read More »Expo 2020 Dubai launches search for more than 30,000 volunteers
DUBAI / WAM Expo 2020 Dubai this week launches its search for more than 30,000 volunteers who will be the ‘face’ of the largest global gathering ever to be staged in the Middle East, Africa and South Asia. Expo 2020 promises to be a transformative and lasting landmark in the history of the UAE, as well as the wider region. ...
Read More »ADX launches technical short selling service
ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX) on Tuesday announced the launch of its latest investment service ‘Technical Short Selling’ (TSS), an addition to the existing suite of services and products provided by ADX to investors through brokerage firms. The launch of this new service falls in line with ADX’s strategy to increase liquidity levels as well as ...
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