Tag Archives: abu dhabi

Dewa to list 6.5% of its shares on the Dubai Financial Market

Senior officials pose for a photo at the announcement in Dubai on Tuesday. The Dubai Electricity and Water Authority (Dewa) has announced that it will list 6.5% of its existing shares in an initial public offering (IPO) on the Dubai Financial Market (DFM), in line with new strategic guidelines aimed …

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Dewa announces IPO and plans to list on DFM

Dubai Electricity and Water Authority (Dewa), a globally leading fully integrated utility company, said it plans to conduct an initial public offering (IPO) and list its ordinary shares for trading on the Dubai Financial Market (DFM). A total of 3.25 billion shares, equivalent to 6.5% of Dewa’s existing shares, will …

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Emirates News Agency – UAE Government honors Innovates Award winners

DUBAI, 1st March, 2022 (WAM) — The UAE Government celebrated the winners of the UAE Innovates Award at a ceremony held at the Museum of the Future (MOTF) in Dubai on Monday. Eight winning projects were singled out from nearly 500 submissions in the second annual awards program. The awards …

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Wingstop Enters UAE Market With Rapid Expansion Plans

Wingstop, one of the world’s best-loved flavored chicken wing brands, is establishing itself as a dominant player in the UAE fast-casual chicken wing market with ambitious expansion plans for 2022. As international experts in the flavor business, the award-winning franchise has built customer loyalty around its bold culture and unique …

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Besix signs an agreement to create a salmon farming facility in Abu Dhabi

Leading infrastructure group Besix has partnered with Tech Group, a UAE-based group that provides turnkey construction and engineering services, and Ocean Harvest, a new agribusiness focused on technology, to set up a salmon farming facility in Abu Dhabi. In announcing the venture, Besix said it has entered into a strategic …

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Rise of the United Arab Emirates real estate market

The UAE real estate market has continued to recover to varying degrees across all asset classes, including residential, office and retail sectors, a trend that is likely to continue into 2022, according to a new report. report The fourth quarter 2021 UAE real estate report from property management experts Asteco …

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78 staff from 3 government departments in Abu Dhabi have been granted bailiff status

Abu Dhabi: Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs and Chairman of the Abu Dhabi Judicial Department (ADJD), issued a decision granting the status of judicial officer to 78 officers from three departments authorities, namely the Abu Dhabi Department of Economic Development (ADDED), the …

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Asteco Q4 2021 Real Estate Report Shows UAE Market Optimism

2021 trends weren’t exclusively driven by the pandemic. EXPO 2020, which kicked off in October 2021, brought relief to both residents and businesses. Other major initiatives announced such as the Golden Visa and Retirement Programs, the release of the Dubai Urban Master Plan 2040 (April 2021), the successful deployment of …

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UAE industrial exports reach nearly Dh120 billion in 2021

The country’s export surge and the ICV program have helped it climb five places – from 35th to 30th – in the United Nations Industrial Development Organization’s Competitive Industrial Performance Index. “As directed by the management, MoIAT has achieved several outstanding results in the year since its establishment, which have …

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UAE condemns Houthis’ attempt to attack Saudi Arabia

Abu Dhabi: The United Arab Emirates strongly condemned the attempt by the Houthi terrorist militia to target Abha airport in Saudi Arabia with a bomb-laden drone, which was intercepted by coalition forces. In a statement released by the Ministry of Foreign Affairs and International Cooperation, the United Arab Emirates called …

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UAE: Mohamed bin Zayed receives Vice President of Sovereign Council of Sudan

Daglo conveyed the greetings of General Abdul Fattah Al Burhan, Chairman of the Sovereignty Council of Sudan and his wishes for progress and prosperity in the UAE. Sheikh Mohamed and Daglo discussed ways to deepen bilateral relations between the two countries and strengthen cooperation in various fields. They also exchanged …

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Explained: How the UAE’s new Family Business Ownership Law protects against ‘hostile situations’ and surprise offers – News

The new rule will also prevent the sale of shares to third parties Published: Thu 3 Feb 2022, 13:02 A legal expert from the United Arab Emirates explained the new Family Business Ownership Governance Law by pointing out that it will ensure that family businesses remain in the family as …

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UAE records 2.5% inflation rate in 2021: report

The consumer price index (CPI) of the United Arab Emirates at the end of 2021 reached 108.62, compared to 105.97 in December 2020, which puts the inflation rate at 2.5% year-on-year and 0.02% in December 2021 compared to November. The Federal Center for Competitiveness and Statistics (FCSC) statistical report showed …

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UAE records moderate rise in inflation

According to the Central Bank of the United Arab Emirates (CBUAE), the CPI inflation rate in the United Arab Emirates turned positive during the third quarter of 2021, for the first time since the fourth quarter of 2018, at 0.6%. year-on-year. The 2021 FCSC report showed that the inflation rate …

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UAE consumer price index rises 2.5% in 2021, government data shows

The UAE consumer price index rose 2.5% in 2021, reaching 108.62 points at the end of the year from 105.97 in December 2020, according to government data. The inflation rate in December 2021, compared with November 2021, reached 0.02%, state news agency Wam reported on Tuesday, citing the Federal Center …

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UAE issues new family business ownership governance law – News

The new law aims to stimulate the contribution of family businesses to the growth of the economy. The new family law was signed into law by President His Highness Sheikh Khalifa bin Zayed Al Nahyan. File photo By web office Published: Tue, Jan 25, 2022, 5:14 PM Last update: Tue, …

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Tim Hortons firmly established in the UAE

Since opening its first branch in Dubai in 2011, Tim Hortons has never looked back, expanding to 77 outlets covering Dubai, Abu Dhabi, Sharjah, Ajman, Fujairah, Ras Al Khaimah and Al Ain. Over 50 years ago, the F&B concept opened in Hamilton, Canada on May 17, and the only thing …

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$1.2 billion Dubai Waste-to-Energy wins 2021 Deal of the Year award

The $1.2 billion Dubai Waste-to-Energy project, the largest in the world to be built in a single phase, has been chosen for the 2021 Deal of the Year award for the Middle East and Africa region. Selected for the award by Project Finance International (PFI), a leading global reference in …

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New Cluster Executive Head Joins Yas Island Rotana

Yas Plaza Hotels appoints Mokhtar Mohamed Ekholy as Cluster Executive Chef at Yas Island Rotana. Ekholy will lead the kitchens of the renowned Choices Island outlets, Blue Grill, Rangoli, Aquarius and Y Bar at Yas Island Rotana and oversee future menu, event and offering developments. Ekholy first tasted his culinary …

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UAE aims to capture 25% hydrogen market share: Suhail Al Mazrouei – News

The minister said that as part of the country’s hydrogen roadmap, he is currently implementing seven projects and is looking forward to exporting hydrogen UAE Minister of Energy and Infrastructure Suhail Mohamed Al Mazrouei said Abu Dhabi Sustainability Week (ADSW) is a global platform to start a promising era of …

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Cavendish Maxwell appoints Taylor as Group CEO

Cavendish Maxwell, one of the leading independent consultancy firms and real estate consultants in the Middle East, has appointed Chris Taylor, former CEO of Abu Dhabi Finance, as Group CEO. This appointment is in line with Cavendish Maxwell’s plans to further expand its operations in the region with new offices …

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Al Kharous suburban council honors government agency partners

Sharjah 24: The Al Kharous Suburb Council of the District and Village Affairs Department (DVA) of the government of Sharjah commended the cooperation of the council’s strategic partners in the implementation of community activities and the provision of services to residents of Al Kharous from Dibba Al Hisn town who …

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The Ritz-Carlton Hotel & Residences Amman Announces Accomplished Opening Management Team

General Manager Tareq Derbas brings with him more than 27 years of experience in luxury hotel management and a personal philosophy that is characterized by an insistence on perfecting every detail and a commitment to do absolutely everything possible to guarantee a extraordinary customer experience. Derbas first joined Marriott International …

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Ajman reports 41% growth in commercial licenses in 2021

The growth rate in the number of economic licenses issued by Ajman’s Economic Development Department (Ajman DED) during the current year has reached 41%, according to a press report. Meanwhile, the number of establishments reached 27,913 and the Work Resilience Index reached 17%, the Emirates news agency reported. WAM. The …

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New Sales Manager at Marriott Hotel Al Forsan

Abu Dhabi, United Arab Emirates – A 5-star Premium hotel in Khalifa City, Marriott Hotel Al Forsan, Abu Dhabi has appointed Bianca Bara as its new Sales Manager. Bianca began her hospitality journey in 2014 when she joined Four Points by Sheraton Sheikh Zayed Road & Downtown Dubai Hotels. Most …

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Radisson Blu Hotel Dubai Media City & Park Inn Hotel Motor City appoints Group PR and Marketing Manager

The Radisson Blu Hotel, Dubai Media City, and the Park Inn Hotel, Motor City, have announced the appointment of Merima Allen as Group Head of Public Relations and Marketing, as the company continues to advance its bold strategy of growth and transformation. A graduate of the University of Belgrade with …

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Marriott Hotel Al Forsan Announces New Deputy Director of Public Relations and Marketing

Abu Dhabi, United Arab Emirates – Marriott Hotel Al Forsan, the spotless 5-star hotel with countless experiences and amenities, located in Abu Dhabi’s Khalifa City, has appointed Jayadev Nakka as Deputy Director of Public Relations and Marketing. Jayadev is an ardent marketing communications professional with a decade of experience in …

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New weekend in the UAE: Abu Dhabi Global Market announces shift to Monday-Friday working week – News

Harmonizes working hours with international financial centers and global economies Photo: W.A.M. By WAM Published: Mon 27 Dec 2021, 12:37 Last update: Mon 27 Dec 2021, 12:40 Abu Dhabi Global Market (ADGM) has announced that it will start a Monday to Friday working week from January 1, 2022, with Saturday …

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Watch: Have you been to Dubai’s new Farmer’s Market to taste delicious Emirati food and fresh produce?

Watch: Eat luqaimat, regag, and more at Farmer’s Souk Video Credit: Sharon Benjamin / Gulf News Mohammed Basheer, 27, is an aeronautical engineer by training. However, the young Emirati decided to establish roots instead of chasing the clouds, all because he believed the future was green. He therefore turned to …

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ADAA becomes the first government entity to migrate its data center to G42 Cloud

ABU DHABI – The Abu Dhabi Accountability Authority (ADAA) has become the first government entity to move its data center to the G42 Cloud and extend its artificial intelligence (AI) capabilities across its operations digital. The move is in line with the emirate’s leadership guidelines aimed at achieving the highest …

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Ajman’s DoF will facilitate payment of government fees through 12 banks

Ajman’s Ministry of Finance has signed agreements with 12 local banks to offer an “easy payment plan”, which allows installment payments for government service charges through the “Ajman Pay” platform when they are paid with any credit card from these banks. Participating banks include First Abu Dhabi Bank, Abu Dhabi …

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Emirates news agency – Ajman’s DoF to facilitate payment of government fees through 12 banks

Tue 14-12-2021 15:16 PM AJMAN, Dec. 14, 2021 (WAM) – Ajman’s Ministry of Finance has signed agreements with 12 local banks to offer an “easy payment plan,” which allows installment payments for government service charges through the “Ajman Pay” platform. when paid with credit cards from these banks. Participating banks …

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Emirates news agency – UAE cabinet reviews government performance and rankings in 2021

DUBAI, December 13, 2021 (WAM) – Presiding over the last cabinet meeting scheduled for 2021, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the United Arab Emirates and Ruler of Dubai, affirmed that the Arab Emirates The United Arab Emirates have achieved, in a short …

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UAE wins special UN award for government modernization

Dubai: In a new achievement for the UAE, the United Nations on Monday honored the UAE government with a special award in recognition of its role in modernizing government. The recognition came during the United Nations Public Service Awards (UNPSA) ceremony in Dubai. The award was given in recognition of …

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New weekend in the United Arab Emirates to attract foreign investment, boost business and tourist appeal – News

The latest working system will bring the financial sector closer to the global stock markets, banks and financial institutions and, therefore, will advance business and foreign trade. Photo: File Posted: Thu. Dec. 9 2021, 10:50 Last update: Fri 10 Dec 2021, 09:20 The new labor system in the UAE aims …

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Safeen Feeders Strengthens UAE Coastal Refueling Service Fleet

Safeen Feeders, one of the AD Ports group’s leading container refueling operators, has acquired a container ship that will strengthen its fleet of refueling services in the Persian Gulf. Safeen Pearl, formerly known as Vega Virgo, will be deployed in its UAE Coastal Service (UCO) providing seamless connection to UAE …

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UAE Construction Equipment Market Report 2021-2027 with Volvo, Caterpillar, Doosan Infracore, Dynapac, Hitachi, JC Bamford, Kobelco, Komatsu, Tadano and Xuzhou Construction Machinery – ResearchAndMarkets.com

DUBLIN – (COMMERCIAL THREAD)–The “United Arab Emirates Construction Equipment Market (2021-2027): Market Forecast by Types, Applications, Regions and Competitive Landscape” the report was added to ResearchAndMarkets.com offer. The UAE Construction Equipment Market Size Is Expected To Grow At A CAGR Of 7.3% During The Period 2021-2027 The UAE construction equipment …

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Remembrance day: Mohammed bin Rashid and Mohamed bin Zayed pay rich tributes to the martyrs of the United Arab Emirates

Screenshot of the video tweeted by His Highness Sheikh Mohammed bin Rashid Al Maktoum on the day of the commemoration Image Credit: Twitter screenshot / video Dubai: The United Arab Emirates will never forget the country’s martyrs who sacrificed their lives for the good of the nation, said His Highness …

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Multiply to be listed on Abu Dhabi’s main market on December 5 – News

The group intends to continue to grow, organically and through scalable acquisitions, focusing on digital innovation in various sectors. Multiply Group will become the eighth IHC subsidiary to be listed on the ADX in less than a year. – Reuters archive photo Posted: Mon Nov 29, 2021, 6:36 PM Last …

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Ajman Sea Festival ends with large audience

The Ajman Tourism Development Department concluded the Ajman Sea Festival 2021 at Ajman Corniche and Al Zorah – Marina 1, attended by a large audience of water sports enthusiasts. The event was hosted by the Abu Dhabi International Marine Sports Club in association with the UAE Water Sports Federation on …

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UAE overtakes recovery in global travel market: CBRE

The UAE has passed the timid recovery in the global travel market, leading commercial and investment real estate services company CBRE said in its latest UAE hospitality market review. Globally, partly due to seasonality and more recently due to the reinstatement of lockdowns in recent weeks, there was a resumption …

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UAE overtakes timid recovery in global travel market, says CBRE

Dubai – Globally, partly due to seasonality and more recently due to the reintroduction of lockdowns in recent weeks, we have seen the resumption in the number of flights slow down in November 2021. In October, the number of daily flights for the month reached an average of nearly 95,000, …

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UAE Golden Jubilee: UAE’s oldest luxury hotel in Al Ain continues to amaze guests

Built for a royal wedding, the Radisson Blu Hotel and Resort in Al Ain opened in March 1971. Image Credit: Provided Abu Dhabi: Its distinctive concrete facade has not changed in years, even though much of its grounds, and even the city, have transformed in unrecognizable ways. Built for a …

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United Arab Emirates Major General Al Raisi elected Interpol President

United Arab Emirates Major General Ahmed Nasser Al Raisi, the new president of Interpol. Image Credit: Provided Dubai: Major General Ahmed Nasser Al Raisi was today elected President of Interpol. The global police agency held its annual meeting in Istanbul, Turkey, to discuss crime trends and to conduct its much-anticipated …

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Mohammed bin Rashid to open FNC session on Wednesday

File photo of a Federal National Council session in Abu Dhabi Image Credit: Provided Dubai: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai, will inaugurate the third ordinary session of the 17th legislative chapter of the …

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Launch of the national guide to measuring R&D spending in the public sector – News

The guide aims to support the R&D ecosystem and boost the UAE’s global competitiveness; The guide developed in partnership with 17 federal and local government entities Relative to staff Posted: Sat, 13 Nov 2021, 6:41 PM The Ministry of Industry and Advanced Technologies (MoIAT), in partnership with 17 local and …

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Syrian President Bashar Al Assad receives Abdullah bin Zayed in Damascus

Image Credit: WAM Damascus: Syrian President Bashar Al Assad received Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, in the Syrian capital. The latest developments in the Middle East and Syria, in addition to a number of regional and international issues of common concern, featured …

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United Arab Emirates: Cycling popular among locals as government encourages sport – News

Country “goes fast, as fast as the wheels of a bicycle,” says UAE pro-cyclist Race leader Tadej Pogacar of the UAE Emirates team competes in the seventh stage of the UAE Cycling Tour from Yas Mall to Abu Dhabi Breakwater. AFP By AFP Posted: Thu, Nov 4, 2021, 5:31 PM …

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ADX launches the derivatives market – News

Saeed Hamad Obaid Al Dhaheri, Managing Director of ADX, Mohamed Ali Al Shorafa Al Hammadi, Chairman of ADX, Khaleefa Ali Al Qamzi, Director of the Board of Directors of ADX and Abdulla Alnuaimi, COO of ADX . – Photo provided Trading of Etisalat, FAB, IHC, ADNOC Distribution and Aldar Properties …

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UAE condemns attempted Houthi drone attack on Saudi Arabia’s Jazan

Abu Dhabi: The UAE strongly condemned attempts by the Houthi terrorist militias to attack civilians and buildings in Jazan, Saudi Arabia, with two explosive drones, which were intercepted by coalition forces. In a statement by the Ministry of Foreign Affairs and International Cooperation (MoFAIC) on Tuesday, the UAE reaffirmed that …

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Market maker fund, IPO announcement boosts DFM market – News

The general index of the Dubai financial market jumped 113.77 points, or 3.94%, reaching its highest level since August 2018 following positive developments announced by the government to stimulate activity on the local stock exchange. An investor browses the Dubai financial market. Analysts said the latest move was aimed at …

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Multi-cuisine restaurant, Rasa opens its doors at Fortune Atrium Hotel, Bur Dubai – News

Following the success of Rasa, the highly sought-after multi-cuisine family fine dining restaurant at Fortune Hotel, Karama, Rasa recently opened its second restaurant at Fortune Atrium Hotel, Bur Dubai. Dr CN Ashwath Narayan, Minister of Science and Technology, Higher Education and Information Technology, Biotechnology of the Government of Karnataka opened …

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Sheikh Hamdan bin Zayed attends ConvEx-3 ‘Barakah UAE’

Image Credit: WAM Abu Dhabi: Sheikh Hamdan bin Zayed Al Nahyan, representative of the ruler in the Al Dhafra region, on Tuesday attended the international emergency exercise ConvEx-3 “Barakah UAE” at the Barakah nuclear power plant. The exercise “Barakah UAE” of the International Atomic Energy Agency (IAEA) is conducted with …

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UAE key market for L&T, says Subrahmanyan – News

SN Subrahmanyan. — Photo provided Dubai – The region accounts for almost 61% of the international order book, according to data By Joydeep Sen Gupta Published: Tue Oct 26, 2021 5:08 PM Last update: Tue 26 Oct 2021, 5:10 PM Larsen & Toubro (L&T) Limited, an Indian multinational conglomerate, which …

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SRTIP organizes the ‘UAE – Brazil Business Seminary on Innovation’

Sharjah 24: During his visit to the United Arab Emirates, the Brazilian Minister of Science, Technology and Innovation, astronaut Marcos Pontes, shows his country’s potential in cutting-edge sectors, such as space , and seeks to attract investment in the region for the country. He spoke on Tuesday at the “Brazil-UAE …

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Multi-cuisine restaurant ‘Rasa’ opens at Fortune Atrium Hotel, Bur Dubai

Press release Dubai, October 20: Following the success of Rasa, Fortune Hotel’s coveted gourmet multi-cuisine family restaurant, Karama, Rasa recently opened its second restaurant at Fortune Atrium Hotel, Bur Dubai. Dr CN Ashwath Narayan, Minister of Science and Technology, Higher Education and Information Technology, Biotechnology of the Government of Karnataka …

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All Abu Dhabi government services will be online by the end of 2021 – News

Photo provided Dubai – The Authority presents the TAMM application for residents and tourists to access services. Posted: Mon Oct 18, 2021, 4:34 PM All services offered by government departments in Abu Dhabi will be available online on the unique TAMM digital platform by the end of the year, a …

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United Arab Emirates: World’s first Warner Bros hotel to open in November – News

Abu Dhabi – Guests will be able to call their favorite Looney Tunes characters for room service provided by Bugs Bunny himself By Web Report Posted: Mon 11 Oct 2021, 01:21 PM Last update: Mon Oct 11, 2021, 3:17 PM Warner Bros. opens its first hotel in the world. And …

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Public and private sector holiday announcement in United Arab Emirates

Image Credit: Ali Ahmad / Gulf News Reader The Ministry of Human Resources and Emiratization (MOHRE) announced that Thursday, October 21, will be paid leave for all employees of the private sector on the occasion of the birthday of Prophet Mohammed (pbuh). The government’s Federal Human Resources Authority also made …

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National Defense College and Abu Dhabi School of Government sign MoU to develop unique joint training programs

Commenting on the signing, HE Major General Aqab Shahin Aqab Alali, said, “As a long-time partner of ADSG, their commitment to achieving a sustainable knowledge economy is truly inspiring and we are delighted to be a part of their considerable efforts. We look forward to offering our expertise and resources …

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UAE to host five major events in 10 days

Image Credit: Provided Image Credit: Provided Abu Dhabi: The UAE is expected to host five major regional and international events, including Expo 2020 Dubai, over the next 10 days. The busy schedule of major events reflects the world’s confidence in the UAE’s efforts and success in containing the global COVID-19 …

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United Arab Emirates: 46 ministries and influencers shortlisted for the Government Communication Award – News

The award received 403 submissions for its eighth edition. Forty-six ministries, media houses and influencers from the United Arab Emirates are shortlisted for the 14 categories of the Sharjah Government Communication Award (SGCA). The winners will be announced at the closing ceremony of the 10th International Government Communication Forum (IGCF), …

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Re-emerging real estate market: facing an increase in rents? UAE tenants can have the upper hand in rental contract negotiations

Resurging real estate market: UAE-based tenants gain the upper hand in lease negotiations, surveys show Image Credit: Shutterstock Dubai: With UAE property showing signs of recovery and rents may increase in some areas as a result, it would be helpful if a largely tenant-driven property market understood how to negotiate …

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UAE Health Insurance Market To Show Strong Growth Until 2026

DUBLIN, 23 Aug 2021 / PRNewswire / – The “United Arab Emirates Health Insurance Market: Industry Trends, Share, Size, Growth, Opportunities, and Forecast 2021-2026” report was added to ResearchAndMarkets.com offer. The United Arab Emirates health insurance market has reached a value of 6.6 billion US dollars in 2020. Looking ahead, …

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Mena hotel occupancy rises amid easing travel restrictions – News

Ongoing surveillance for the Covid-19 pandemic by government entities and other key tourism players has helped determine how markets open and close Posted: Mon Aug 2, 2021, 7:06 PM Hotel occupancy rates in the Middle East and North Africa region continue to improve amid easing travel restrictions, Colliers said in …

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Leading Radisson Blu hotel in Ajman – Hotel News ME

A national of two countries, Australia and the United Kingdom, Francisco Giles grew up in the south of England. He studied in the UK and attended “Les Roches” hotel management school in Switzerland. Giles has worked on five continents for five international hotel brands and has lived in the United …

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Emirate Focus: Managing the Radisson Blu Hotel Ajman

A national of two countries, Australia and the United Kingdom, Francisco Giles grew up in the south of England. He studied in the UK and attended “Les Roches” hotel management school in Switzerland. Giles has worked on five continents for five international hotel brands and has lived in the United …

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