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UAE implementing violation of tobacco codes

The Federal Tax Authority,FTA, will begin implementing the Cabinet Decision regarding violations of the “Marking Tobacco and Tobacco Products Scheme”, which calls for applying Digital Tax Stamps on the packaging of said products before supplying them to local markets. The Authority stressed that the penalties are meant to curb attempts …

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ADX at London Stock Exchange

As part of the Abu Dhabi Securities Exchange’s, ADX, strategy aimed at bolstering its leading position in the region and extending its cooperation with global financial markets, Khalifa Salem Al Mansouri, Acting Chief Executive of ADX, met senior officials at the London Stock Exchange,LSE, recently. The meeting was part of …

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Trump declares emergence, sells $8billion worth of weapons to Saudi, UAE

U.S. President Donald Trump, declaring a national emergency because of tensions with Iran, swept aside objections from Congress on Friday to complete the sale of over $8 billion worth of weapons to Saudi Arabia, the United Arab Emirates and Jordan. The Trump administration informed congressional committees that it will go …

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Dubai key player at IMEX worldwide exhibition

Dubai Business Events, DBE, the city’s official convention bureau, showcased Dubai’s state-of-the-art facilities, infrastructure and renowned hospitality sector at IMEX, the worldwide exhibition for incentive travel, meetings and events. The event, held in Frankfurt from 21st to 23rd May, 2019, saw more than 30 co-exhibitors, including the Coca-Cola Arena, the …

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Dubai Business Events showcases hospitality sector

Dubai Business Events, DBE, the city’s official convention bureau, showcased Dubai’s state-of-the-art facilities, infrastructure and renowned hospitality sector at IMEX, the worldwide exhibition for incentive travel, meetings and events. The event, held in Frankfurt from 21st to 23rd May, 2019, saw more than 30 co-exhibitors, including the Coca-Cola Arena, the …

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Abu Dhabi Air Accident Investigation Laboratory opens

Saif Mohammed Al Suwaidi, Director-General of General Civil Aviation Authority, GCAA, has officially inaugurated the “Abu Dhabi Air Accident Investigation Laboratory”, established by the Air Accident Investigation Sector, AAIS, at the authority’s headquarters. “The lab offers great potential for the Air Accident Investigation Sector to operate effectively and smoothly, based …

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Brazil cooperating with DP World

Brazil Minister of Foreign Affairs, Ernesto Henrique Fraga Araujo met with DP World Group Chairman and CEO, Sultan Ahmed bin Sulayem in the Brazilian capital, Brasilia this week. They discussed social reform, a stable and efficient regulatory framework to attract investors alongside public private partnerships to encourage foreign direct investment, …

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Saudi and UAE heading to boycotted Trump peace-investment meeting

Saudi Arabia and the United Arab Emirates will participate in a conference next month in Bahrain aimed at encouraging investment in the West Bank and Gaza Strip, part of U.S. President Donald Trump’s long-awaited Israel-Palestinian peace plan. The “Peace to Prosperity” economic workshop, to be hosted on June 25-26 in …

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Slag waste from steel manufacture to be reprocessed in UAE

An estimated 1.6 million tonnes of slag, a byproduct of steel manufacturing, of Emirates Steel will be processed in two years after the company signed an agreement with Finnish ECOFER Technologies. The agreement, due to take effect in 2020, will provide Emirates Steel with sustainable slag management services for the …

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Economic survey project in Sharjah

The Sharjah Department of Statistics and Community Development, DSCD, has rolled out the implementation phase of its latest economic survey project, which will encompass all administrative communities and free zones in the emirate. The project was launched in January this year. More than 5,800 organisations from all areas and cities …

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Dubai reaches record low unemployment rates

Dubai’s unemployment rate reached 0.5 per cent last year, while the refined economic participation rate as a percentage of total working-age population reached 83.2 percent, according to the Labour Force Survey 2018 published by Dubai Statistics Center. Arif Al Mehairi, Executive Director of Dubai Statistics Center, said: “The results of …

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DMCC signs deal with China Gems

DMCC, the world’s leading Free Zone for commodities trade and enterprise, announced today that it has signed a Memorandum of Understanding,MoU, with the China Gems and Jade Exchange, CGJE, creating a strategic alliance with China’s official trading platform for gemstones and jade. Feryal Ahmadi, Chief Operating Officer, DMCC, and Yuk …

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DP World expanding sustainability chains

In recognition of its efforts to create a more efficient and sustainable supply chain, DP World, UAE Region, was awarded the Supply Chain Sustainability Award at this year’s Gulf Petrochemicals and Chemicals Association, GPCA, Supply Chain Conference. The award recognises organisations that initiate best practices in supply chain management through …

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Start-ups cooperating wih Dubai authorities in real-estate expansion

To increase the opportunities available to innovators locally and internationally, TECOM Group, a member of Dubai Holding and founder of start-up-enabling platform in5, signed a Memorandum of Understanding, MoU, with Dubai Future Foundation, DFF, and Dubai Development Authority, DDA. Khalfan Belhoul, Chief Executive Officer of DFF; Abdulla Belhoul, Chief Commercial …

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DP World hires new brand ambassador

Global trade enabler and European Tour partner, DP World, has confirmed the signing of golf legend Ian Poulter as the brand’s first Global Ambassador. DP World’s partnership with the European Tour and ten-year flagship association with the DP World Tour Championship has helped the company to connect in a meaningful …

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