Latest UAE News
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Dubai car rentals to be linked to RTA systems
The Roads and Transport Authority has held its Customers Council at the RTA’s headquarters. The event, held, was presided over by Ahmad Bahrozian, the agency’s CEO and Chairperson of the Customers Council. Attendants also included Sultan Al-Kutbi, Director of Commercial Transport Activities Department, Ahmad Mahboob, Director of the Customer Service and Sheikha Al-Jarman, Director ...
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3-day UAE weekend Time to plan a quick getaway
With the three-day weekend – beginning June 5 – just two weeks away, now is a good time to plan out your travel plans. Whether it’s staying back in the UAE, to explore some of its majestic terrains, or flying out to exotic locations, there’s something for everyone. Here’re some of our top destinations for this ...
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Versace celebrates fine jewellery partnership with Samra launch event hosted at Burj Al Arab Dubai
Special guests including Ahmed Bin Sulayem, Executive Chairman, DMCC, Gian Giacomo Ferraris, CEO of Versace Group and Salim Abu Samra, President of Samra International announced the partnership and introduced the new Versace Fine Jewellery collection designed by Versace and manufactured by JLT-based Samra International.The collection featured baroque rings encrusted with a variety of precious ...
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ADS Securities signs MoU with Asian conglomerate Tune Group
In a landmark strategic alliance, ADS Securities, the Abu Dhabi-based brokerage and financial services trading company signed a Memorandum of Understanding (MOU) with Asian conglomerate Tune Group that will pave the way for a proposed collaboration to develop a number of business opportunities in relation to innovative foreign exchange (FX) brokerage ...
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Farnek accredited to British quality standards
The process to attain accreditation, started six months ago, when four of Farnek's project managers, received intensive training from BICSc. Then subsequently, over a two-day assessment, the same team demonstrated both in theory and practically their understanding of the quality standards required and their technical ability to carry them out.This core team are now official BICSc Assessors ...
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Majid Al Futtaim acquires full ownership of Carrefour franchise in region
Majid Al Futtaim Holding announced the purchase of the 25% minority stake owned by Carrefour Group in Majid Al Futtaim Hypermarkets LLC for €530m. The two groups also strengthened their exclusive franchise partnership by extending its time horizon and expanding its ...
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Dubai Maritime City to be represented at UAE-Korea Economic Partnership Forum
WAM DUBAI, May 25th, 2013 (WAM) -- Dubai Maritime City (DMC announced today that a high-level team led by Khamis Juma Buamim, Chairman of Drydocks World and Maritime World will participate in the UAE-Korea Economic Partnership Forum 2013. The event will be held under the patronage of the UAE Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al ...
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Saif bin Zayed receives Director General of Dubai Customs HCT Chancellor
WAM ABU DHABI, May 25th, 2013 (WAM) -- H. H Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior has received in his office Ahmed bin Butti Al Muhairi, Director General of Dubai Customs and CEO of the Ports, Maritime and Free Zone Authority. Al Muhairi extended thanks and appreciation to Sheikh Saif for attending and participating at the WCO IT ...
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Rihannas Mawazine performance proves Abu Dhabi is in for a treat
UAE fans can expect a treat when Rihanna performs in Abu Dhabi on October 19. The 25-year-old RnB star opened Morocco's Mawazine Festival on Friday night. The show - played in the capital Rabat - marked the beginning of Rihanna's international leg of the Diamond World tour. It seems tardiness is the latest fad creeping into the pop world, and Rihanna joined Justin Bieber and Madonna ...
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Two Indian youth drown off Jumeirah Open Beach in Dubai
Two Indian expatriate youths are believed to have drowned while bathing in the sea near the Jumeirah Open Beach on Friday evening. While the dead body of one of them has been found, the search for the body of the second person by the Coast Guard was continuing on Friday night. According to sources in the Al Riyami Group, where the two missing employees were working, a group of five ...
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Work set to start on $47m Abu Dhabi bus depot
The Department of Transport (DoT) in Abu Dhabi has announced that work will start soon on building a new AED175m ($47.6m) bus depot project in the ...
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SecureLink and Safelight Security partner to enhance security awareness in Middle East
SecureLink, the pioneer in Information Security Services value-added-distribution in the Middle East, and Safelight Security, a leader in security education and training, announced a strategic distribution partnership designed to prepare customers in the Middle East to build effective and comprehensive security education programs that meet each organizations' unique ...
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NBAD Issues $465M convertible bonds
The offering, due in 2018, was increased from an initial amount of $350m following strong demand from investors during the book-building process.It may be increased by a further amount of up to $35m in the event of exercise in full of the over-allotment option granted by NBAD to the Joint Book-runners, exercisable on or prior to June 3rd, 2013.The offering received strong investor demand; it was ...
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Mediaquest acquires 30 stake in acclaimed wedding website Whiteme.net
In line with the increased Internet penetration in the region and the burgeoning wedding industry, leading Middle East publisher Mediaquest has acquired a 30% stake in the acclaimed English and Arabic wedding website, ...
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RAK Ruler names areas after President and Abu Dhabi Crown Prince in RAK
WAM RAS AL KHAIMAH, May 25th, 2013 (WAM) -- H. H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras al-Khaimah, has ordered the naming of Al Dhait South residential area after President His Highness Sheikh Khalifa bin Zayed Al Nahyan, in recognition to his efforts to ensure decent living for the citizens in all Emirates across the country. Al Dhait South residential area ...
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Sharjah eyes more Korean Asian tourists and investments ahead of Seoul summit
WAM SHARJAH, May 25, 2013 (WAM)--The Third UAE-Korea Economic Partnership Forum that opens tomorrow will help provide a direct impetus to the travel and tourism industry in Sharjah and the UAE by way of more Korean and Asian tourists and investments in the promising tourism and hospitality sector, said Mohamed Ali Al Noman, Chairman, Sharjah Commerce and Tourism Development Authority. This ...
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Dubai builder Arabtec wins $108 mln hospital contract in Saudi
RIYADH, May 25 (Reuters) - A subsidiary of Dubai-based contractor Arabtec Holding has won a 404-million Saudi riyals ($107.7 million) contract to build ...
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Chidambaram to visit Dubai tomorrow to woo investments
Dubai tomorrow to sell India's growth story to sovereign wealth funds. The Minister is scheduled to meet his counterpart in Dubai and also hold bilateral consultations with the SWFs (Sovereign Wealth Funds) in his day-long visit to the Gulf nation, an official source said. The visit is part of Chidambaram's global tour to attract foreign investments. He has held similar investor meets ...
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Emirates NBD launches Bank on Wheels initiative
Emirates NBD said it is now operating a fully secure vehicle equipped to offer cash and cheque deposit services and driven by a dedicated customer service ...
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Ferrari World Abu Dhabi to move to 7-day ops
"There's been a growing demand for a continuous entertainment offering and the appeal of Yas Island as a leisure destination is now even higher," said Andy Keeling, park manager, Ferrari World Abu ...
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Emirates NBD unveils loan education campaign
Emirates NBD has launched a unique new personal loan education campaign to advise UAE residents to borrow responsibly and within their repayment capacity. This new initiative is in line with the Group's reputation of being a financial institution that cares for its customers, according to a press statement. The initiative will be supported by a sustained media campaign that will advise the ...
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Sandisk appoints EMPA as distributor to enhance product availability in Middle East
SanDisk Corporation, a global leader in flash memory storage solutions, has signed a distribution agreement with EMPA Middle East to increase flash memory growth in the ...
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Tejuri.com calls on eHosting DataFort for secure 24x7 availability
eHosting DataFort (eHDF), the region's leading managed IT services provider and a member of TECOM Investments, has been appointed by Tejuri.com to host and manage the region's e-shopping mall supported by the Dubai Department of Economic Development ...
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Etisalat lauds Telecommunications Regulatory Authority on spectrum policy
Etisalat Group announced its support and appreciation for the Telecommunications Regulatory Authority's decision to allocate the 700 and 800 Megahertz bands to mobile broadband, confirming the UAE's position as a global leader in international spectrum policy and ...
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Emirate of Dubai Jafza to implement Service Dubai single service provider concept
The Emirate of Dubai and Jafza will be the world's most favoured investment destinations if the Service Dubai, a single service provider concept, is implemented in the Emirate and the Free Zone, observed Dubai's top thought leaders during a panel discussion held at Majlis Jafza that took place at the Armani ...
Abu Dhabi Featured
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Abu Dhabi's changing role in UAE
The international financial crisis has caused much misery and despair world-wide, but in every recession there are opportunities, and because of Dubai, Abu Dhabi may have been presented with one.
When people around the world think of the United Arab Emirates, its capital, Abu Dhabi, is not the first emirate that comes to mind. Rather, Dubai is the most famous of the seven entities that united in the 1970’s. Read more
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