01-05-2019 Media in \Dubai HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Supreme Council of Energy in Dubai, chaired the 55th meeting of the Board in the presence of the Vice President of the Council. The meeting was attended by His Excellency the Secretary General of the Council …
Read More »UAE hosts “Second Preparatory Conference on the Establishment of the World Green Economy Organization” May 5
01-05-2019 Media in\ Dubai Under the patronage and presence of His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Air Authority and Chairman of the Emirates Group, Chairman of the Supreme Council of Energy in Dubai, the UAE will host the second preparatory conference on the establishment of …
Read More »Dubai Smart Entrepreneurs Award Winners Announced
01-05-2019 Media in\ Dubai The Dubai Chamber of Commerce and Industry announced on April 30th, 2019, the top three winners of the 4th Dubai Smartpreneur Competition during the closing ceremony of the Enterprise Agility Forum 2019 in Dubai. Denarii Cash, a mobile application helping overseas workers to send money claimed …
Read More »Holding the first meeting of the Dubai Council for the future of transport will be held
01-05-2019 Media in\ Dubai The Dubai Council for the Future of Transport discussed at its first meeting today four main axes: self-driving vehicles, technology and smart systems for the future of transport and new business models to promote the use of mass transit, shared transport and sustainable transportation. He also …
Read More »Al Ain Convention Centre contributes AED2.604 billion to Abu Dhabi’s economy
Media IN/ AL AIN, 1st May, 2019 (WAM) Al Ain Convention Centre (AACC) the wholly-owned subsidiary of the Abu Dhabi National Exhibitions Company, ADNEC, has contributed AED2.604 billion to the economy of Abu Dhabi in direct and indirect impact between 2014 and 2018, ADNEC announced today. The leading exhibition and …
Read More »Abu Dhabi launches 2nd bid round for five major exploration blocks
Media IN/ ABU DHABI, 1st May, 2019 (WAM) The Abu Dhabi National Oil Company (ADNOC) announced on Wednesday – as part of Abu Dhabi’s block licensing strategy and on behalf of the Supreme Petroleum Council (SPC), the details of the second round of five new geographical oil and gas blocks …
Read More »Abu Dhabi National Insurance Company (ADNIC) hits AED52.6 million net profits in Q1 2019
Media IN/ ABU DHABI, 1st May, 2019 (WAM) Abu Dhabi National Insurance Company, ADNIC, today reported its financial results for the first quarter ended 31st March 2019. ADNIC achieved significant gross written premium growth by 42.8 percent to AED1.74 billion, compared to AED1.22 billion for the same period in 2018. …
Read More »Abu Dhabi Commercial Bank (ADCB) Group merger effective today
Media IN/ ABU DHABI, 1st May, 2019 (WAM) ADCB, has merged with Union National Bank, UNB, and the combined entity has acquired Al Hilal Bank, legally completing a landmark transaction in the UAE, forming the ADCB Group with effect from today. The ADCB Group, serving over one million customers, has …
Read More »The rise in the demand for commercial loans during the second quarter of 2019, according to the Central Bank survey
01-05-2019 Media in\ Abu Dhabi The results of the Credit Trust Survey conducted by the Central Bank of the UAE showed that demand for commercial loans increased during the first quarter of 2019, supported by the improvement in this type of credit, especially in the Emirate of Dubai. Participants in …
Read More »United Arab Bank reports net profit of AED22 million for Q1 2019
Media IN/SHARJAH, 1st May, 2019 (WAM) United Arab Bank, UAB, has announced its financial results for the three months ending 31st March 2019. UAB reported a net profit of AED22 million in Q1 2019 supported by an increase in interest income of six percent and an uplift in non-interest income …
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