Dubai, UAE, 30 December 2016 Dubai Electricity and Water Authority (DEWA) won the Best Business Award 2016, which is one of the most prestigious business awards in the UK in the field of health and safety. This reflects DEWA’s international position in leadership and excellence, and its efforts, commitment and achievements in the field of health and safety over the last 15 years. HE Saeed Mohammed Al […]
Abu Dhabi, United Arab Emirates; December 30, 2017 As the 10th anniversary year of Masdar, Abu Dhabi’s renewable energy company, draws to a close, industry watchers can reflect on 12 months that have marked a historic milestone for the company and a pivotal moment for the renewable energy sector as a whole. During the decade since Masdar was established, the UAE has cemented a global reputation for […]
AVATAR can detect changes in physiology and behavior during interviews with travelers. AVATAR can detect changes in physiology and behavior during interviews with travelers. Credit: Aaron Elkins When you engage in international travel, you may one day find yourself face-to-face with border security that is polite, bilingual and responsive—and robotic. The Automated Virtual Agent for Truth Assessments in Real Time (AVATAR) is currently being tested in conjunction […]
28 December 2016 The UAE Banks Federation (UBF), the professional body representing 49 banks in the UAE, announced today its whole weight contribution as strategic partner for the 2017 ACFE Fraud Conference Middle East, set to take place in Dubai from 29-31 January 2017 at Atlantis, the Palm. Held under the patronage of His Excellency AbdulAziz Al Ghurair, Chairman of UAE Banks Federation (UBF), the event is […]
Dubai, 26 December, 2016, UAE Ajman Free Zone (AFZ) signed an investor partnership agreement with Dubai Quality Group (DQG) to activate fruitful cooperation between both parties to foster quality, business excellence, and innovation in the workplace. The signing ceremony was attended by senior officials from both the organizations. The delegation from DQG was headed by Eng. Ahmed Al Mulla, Vice Chairman of DQG, who presented the Certificate […]
2016 was chock-full of surprises, both in markets and in politics. As Goldman’s Allison Nathan explains, the year began with a perfect storm of worries that had become all too familiar already in 2015. Oil prices plunged and fears of faltering growth and a sharp depreciation of China’s currency escalated, driving disruptive sell-offs in credit and other risk assets. Confidence in global growth faltered, particularly after an […]
ABU DHABI // A new council to develop policies to protect the environment was formed by the government on Sunday. The UAE Council for Climate Change and Environment will also make recommendations to set up a green economy through management of natural resources. The council was established through a ministerial decision by Dr Thani Al Zeyoudi, Minister of Climate Change and Environment. Its members will come from […]
Australia’s cybersecurity capabilities and researchers will be showcased to global players in the United States in February, in a delegation sent to the RSA Conference in San Francisco led by Special Adviser to the Prime Minister on Cyber Security Alastair MacGibbon and recently appointed CEO of the Australian Cyber Security Growth Network Craig Davies. According to Nicola Watkinson, Austrade’s senior trade and investment commissioner for North America, […]
Dubai-UAE: 22 December, 2016 Awqaf and Minors Affairs Foundation (AMAF) in Dubai and the Khalaf Ahmed Al Habtour Foundation for Charity (KAHF) have lately signed an awqaf investment partnership contract to build a residential commercial building. Revenues from the building will be allocated to the Umom Al Kheir Bank, run by AMAF. KAHF will provide full funding for the project, estimated at AED8 million. His Excellency Tayeb […]
22 December 2016 Ashtead Technology has announced the acquisition of Abu Dhabi based TES Survey Equipment Services LLC for an undisclosed sum. The acquisition will enable the leading independent provider of subsea equipment and services to the offshore oil and gas industry to significantly increase its customer service offering in the Middle East, a region which has strong growth potential for Ashtead. Established in 2007 by Susan […]
Abu Dhabi, December 22, 2016 H.E. Eng. Sultan bin Saeed Al Mansoori, UAE Minister of Economy (MOE), recently met with Suren Karayan, Minister of Economic Development and Investments of Armenia to discuss key ways to further expand economic and trade relations between the two countries–building investment partnerships in sectors that would bring mutual benefits to both countries based on their respective capabilities. The discussion took place during […]
22 December 2016 Etihad Airways, the national airline of the United Arab Emirates (UAE), and Montenegro Airlines, the flag carrier of the Republic of Montenegro, have signed a codeshare agreement that provides travellers with enhanced connectivity when flying between Southeast Europe and the Middle East.* The agreement will see Etihad Airways placing its “EY” code on Montenegro Airlines’ flights between Belgrade and two destinations in Montenegro – […]
It started off as one of those typical conversations you have when you’re in a foreign country and the taxi driver recognizes you to be a foreigner. “Where are you from?,” he asks, soon after I get into the bright yellow taxi cab, to which I reply “Sri Lanka.”“Beautiful country,” he responds.“Have you been there?” I ask him politely.“No, but my friend went there for a holiday. He […]
It’s a hot July day in Bethlehem, and white-robed pilgrims from Nigeria stand in the courtyard entrance to the ancient church, singing and beating drums. They’ve travelled more than 3,500 kilometres to enter the church’s low wooden door, pass through a nave under restoration and down one of the staircases in the sprawling church, to the grotto. There, they will kneel in prayer and devotion at the […]
The newly opened location will expand company’s existing office portfolio, including several offices in Europe and recently announced US presence. 20 December 2016 Dubai, United Arab Emirates – Walkbase, a leading IoT analytics and marketing platform for retail, today announced the opening of its office in Dubai, UAE, resulting from a growing number of existing customer cases and ongoing discussions in the Middle East region. The decision to open […]
Underlines the Importance of Strengthening Partnership with the Private Sector to Achieve Strategic Objectives in the UAE Dubai, UAE: December 18, 2016 The Ministry of Climate Change and Environment launched the ‘Environment and Business Majlis’, aimed at boosting the private sector’s contribution and guided private companies to be aligned with the government’s environmental strategies and create new investment opportunities that involved the ministry and the private sector. […]
By Jeffrey Heller | JERUSALEM JERUSALEM Settlers due to be evicted from an outpost in the occupied West Bank under an Israeli court order accepted a government-proposed deal on Sunday to head off a forced evacuation and confrontation with troops. The Supreme Court had ruled that the Amona outpost, where 330 settlers live, must be evacuated by Dec. 25. The court found that Amona was built illegally […]
Sunday, 18 December 2016 – Today, Phidar Advisory released its Dubai residential research note with November data, which is now reported using a 3-month moving average. The report shows that residential rents continue to decline and projects further declines. “The risk in the residential market remains on the downside,” said Jesse Downs, Managing Director of Phidar Advisory. “Weak investment demand and softening rents will push rates down […]
18 December 2016 Dubai: The Ministry of Finance (MoF) signed a Memorandum of Understanding (MoU) with Dubai Islamic Economy Development Centre to exchange experiences and coordinate on matters related to the strategic plan for ‘Dubai the Capital of Islamic Economy 2017-2021’, in order to strengthen the UAE’s position and enhance the Emirate of Dubai as the capital of the Islamic economy. The Dubai Islamic Economy Development Center […]
Settling into an interview with Marwan Bin Jassim Al Sarkal, the man in charge of luring foreign investors to Sharjah, it becomes evident that both tensions and ties bond the emirate with neighbouring Dubai. On the one hand Sharjah is cast into the shadows, often overlooked by businesses and visitors. On the other hand, the bigger brother’s international standing is helping the emirate of 1.5 million people […]
ABU DHABI // The UAE increased foreign aid by 43 per cent in 2015, the Ministry of Foreign Affairs and International Cooperation revealed on Saturday. In its report, UAE’s Foreign Aid In 2015, the ministry said the UAE spending on humanitarian, charitable and developmental forms rose to Dh32.34 billion, up from Dh22.64bn in 2014. The goal was to help improve the living standards of individuals, regardless of […]
15 December 2016 Baar (CH)/Ras al Khaimah (UAE)/Nairobi (Kenya), December 15th, 2016 – Today Swiss International signed a management agreement with Mlima Kenya Holiday Homes Ltd to co-develop and manage a “one-of-a-kind” resort, located at the scenic foothills of Mount Kenya at Naro Moru. The agreement was signed at the Swiss International Lenana-Nairobi that opened its doors earlier in December. Present at the signing were Mr. Ronald […]
Wells Fargo has said the number of customers opening accounts has dropped sharply for a third consecutive month — underlining the scale of the fallout from the recent scandal over its sales tactics. Customers opened 41 per cent fewer Wells Fargo current accounts in November than they did a year ago and made 45 per cent fewer credit card applications. These figures cap another difficult week for […]
A group of intelligence experts, including a former head of MI6, has cut ties with fellow academics at Cambridge university, in a varsity spy scare harking back to the heyday of Soviet espionage at the heart of the British establishment. Sir Richard Dearlove, the ex-chief of the Secret Intelligence Service and former master of Pembroke college, Stefan Halper, a senior foreign policy adviser at the White House […]
