UAE

Dubai, 01-07-2019 Emirates Islamic Bank has signed an agreement with Emirates Bank for Development (EAD) to become the first Islamic bank to join the SME Finance Guarantee Program in a move that reflects the commitment of the two parties to accelerate the growth of this vital sector in the UAE. …

  Sharjah 01-07-2019 / WAM The Department of Economic Development in Sharjah organized two workshops to promote Birq’s license for business incubators in cooperation with the Higher Colleges of Technology. The most important data on the legal requirements and obligations of the license were presented at the Higher Colleges of …

Media IN DUBAI, 1st July, 2019 WAM The Telecommunications Regulatory Authority, TRA, hosted the 22nd meeting of the Executive Team of the National Online Services Index, one of the indicators of the UAE Vision 2021 National Agenda, to review the achievements of the plan based on the six phases concept, …

Media IN DUBAI, 1st July, 2019 (WAM) DP World PLC has confirmed the acquisition of 100% of Topaz Energy and Marine Limited from Renaissance Services SAOG and Standard Chartered Private Equity/Affirma Capital for an enterprise value of US$1,079M. Topaz is a leading international provider of marine logistics and solutions to …

Media IN Dubai – 1st-07-2019 Dubai Electricity and Water Authority (DEWA) organised a number of workshops to discuss how quantum computing can be used in electricity and water production processes. A number of quantum computing experts from Microsoft participated in the workshops, which were attended by DEWA management and specialists. …

Media IN SHARJAH, 1st July, 2019 WAM The Sharjah Airport International Free Zone, SAIF ZONE, host to 8,000 companies, recently held a business meeting in Abu Dhabi, participated by more than 80 investors and businessmen representing multinational companies from Hong Kong, Malaysia, Singapore and representatives of business councils operating in …

Media IN ABU DHABI   30th-06-2019 The national carrier of the United Arab Emirates, Etihad Airways has upgraded services on three key Asian routes this week, introducing larger aircraft to accommodate growing demand. Flights between the UAE capital, Abu Dhabi, and major two Chinese cities, Shanghai and Chengdu, have been upgraded …

Media IN DUBAI: 30th-06-2019 The Abu Dhabi Securities Exchange (ADX) said it will reduce its trading commission fees from July 1 by 50 per cent up to 90 per cent. ADX cost for annual transactions of less than Dh250 million will be 5 basis points (0.05 per cent) of the …

Media IN Dubai: 30th-06-2019 Dubai International Financial Centre (DIFC) has introduced a new business friendly regulatory framework for prescribed companies. Under the newly introduced regime, structures such as Intermediate Special Purpose Vehicles (ISPVs) and Special Purpose Companies (SPCs) will now be classified as prescribed companies. The new prescribed companies regime …

Media IN DALIAN, China, 30th June, 2019 (WAM) The UAE Government will take part in the World Economic Forum held in Dalian, China, between 1st-3rd July, in the presence of more than 1,900 government officials, entrepreneurs and researchers from more than 100 countries. The forum focuses on a number of …