Media IN ABU DHABI, 26th June, 2019 (WAM) Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council and Chairman of Etihad Rail, chaired an Etihad Rail board meeting on Tuesday and approved the plan to connect Abu Dhabi with Dubai and other emirates. The …
Read More »Hub71 announces Four startup firms to join ADGM
Media IN Abu Dhabi. 26th-06-2019 Hub71 on Tuesday announced that four start-up firms would soon be joining the new technology hub at Abu Dhabi Global Market. The start-ups include UAE-based BitOasis, the largest digital asset exchange platform in the Middle East, Lamsa, an award-winning Arabic language learning app, US-based Surkus, …
Read More »ICD attains record revenues of AED 232.4 billion
Media IN DUBAI, 26th June, 2019 (WAM) Investment Corporation of Dubai, ICD, has announced its consolidated financial results for the year ended 31st December, 2018, achieving record revenues of AED232.4 billion and a net profit of AED21.4 billion. Revenues increased 15.7 percent from the prior year with increases achieved in …
Read More »Chinese delegation visits Dubai to share knowledge and Expertise
Media IN DUBAI, 26th June, 2019 (WAM) The Secretary-General of the Executive Council of Dubai, today stressed that Dubai is focused on its efforts to take a leadership position across a number of key strategic sectors by strengthening its partnerships with international cities. This came off the back of a …
Read More »New media Licenses issued by RAKEZ shoot 177 Percent
Media IN RAS AL KHAIMAH, 26th June, 2019 (WAM) The number of new media licences and freelancer permits issued under the RAKEZ Media Zone has shoot 177 percent to 360 companies and freelancers in May 2019, up from 130 in May 2018. Of the new licences registered, 150 belong to …
Read More »ADGM launches new FinTech, innovation initiatives
Media IN ABU DHABI 26th-06-2019 Abu Dhabi Global Market, ADGM, has announced its upcoming launch of a new initiative, ‘FinTech 50’, and the third edition of the ‘Innovation Challenge’, as part of the FinTech Abu Dhabi Festival 2019. The ADGM Innovation Challenge poses a set of FinTech problem statements that …
Read More »Dubai based Developer Nakheel to Invest AED114 million in Roads and Bridges
Media IN DUBAI, 26th June, 2019 (WAM) Dubai based Nakheel, a leading property developer, on Wednesday announced it is injectiing AED 114 million of investments into roads and bridges. Through this investment, the state-owned real estate developer will provide motorists with direct access from Al Khail Road to Al Khail …
Read More »FTA Okays 390 requests to reimburse housing tax worth AED17.52 million
Media IN ABU DHABI, 26th June, 2019 (WAM) In abid to create a modern housing system for UAE citizens and provide them with the best living standards, the Director-General of the Federal Tax Authority, FTA, revealed that the FTA approved 390 requests to refund housing tax worth AED17.52 million, in …
Read More »”Fly AUH campaign” witnessed high number of passengers at the start of summer Holiday
Media IN ABU DHABI, 26th June, 2019 (WAM) Abu Dhabi International Airport, AUH, handled 564,042 passengers during the nine-day-long Eid al-Fitr holiday, the beginning of the summer season. Between 31st May 31 and 8th June, AUH welcomed 200,867 origin and destination (O&D) travelers, and a total of 361,764 transit passengers. …
Read More »Dubai Customs apprehend 421 drug smugglers in 3 months
Media IN DUBAI, 26th June, 2019 (WAM) A sum of 421 drug smuggling bids were foiled across Dubai’s various land, sea and air ports of entry in the first three months of 2019. The Director-General of Dubai Customs, said the drugs seized at various land, air and sea ports included …
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