Friday , August 23 2019

Local News

du reiterates commitment to sustainable development goals

DUBAI / Emirates Business Reiterating its commitment to serving as a responsible corporate citizen, du, from Emirates Integrated Telecommunications Company (EITC), has announced the release of its 2018 annual sustainability report. Raising the bar for sustainability benchmarks in the UAE, du’s three core pillars reflect the company’s desire to deve-lop ...

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ADGM named best international financial centre in EMEA region

ABU DHABI / WAM Abu Dhabi Global Market (ADGM) has been named ‘Best International Financial Centre (EMEA) 2019’ by London-based Capital Finance International ( in recognition of its role in the advancement of capital markets and financial ecosystem across Europe, the Middle East and Africa region. The judging panel commended ...

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Dubai Mercantile Exchange posts strong growth in forward trading

DUBAI / WAM Dubai Mercantile Exchange (DME) on Monday announced a 45 percent increase quarter-on-quarter in trading activity on the exchange’s forward curve and a 33 percent growth in exchange average daily volume (ADV) during the first half of 2019. Forward curve volume reached 208,997 contracts from April 2019 through ...

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UAE, Saudi support project to help Yemeni families

ABYAN / WAM The UAE and Saudi Arabia are supporting a project, titled, “Urgent Support for Improving Livelihoods of Underprivileged Families,” in Abyan Governorate, Yemen, which has benefitted 4,200 local fishermen. The project is being implemented by the Food and Agriculture Organisation (FAO), supported by the United Nations Office for ...

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DLD-Online Auction deal to spur realty investments

DUBAI / WAM Dubai Land Department (DLD) has signed a partnership agreement with Online Auction company to boost the real estate market’s activities, and provide new competitive options that enhance investor confidence. The strategic partnership agreement that was signed by Sultan Butti bin Mejren, Director General of DLD, and Ahmad ...

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