Corporate

DEWA awards AED 157 million contract for 60-million-gallon water reservoir construction in Al Lusaily

Dubai Electricity and Water Authority (DEWA) awarded a contract worth AED 157 million for the construction of a water
Dubai Chamber and Etihad Credit Insurance partner to enhance trade competitiveness

Dubai Chamber of Commerce and Industry has announced that it has signed a Memorandum of Understanding (MoU) with Etihad
Dh590m smart traffic systems expansion project: RTA

The Roads and Transport Authority, RTA, in Dubai, has announced plans for a AED590 million project to expand its smart
Over 11,000 people visit Emirates A380 at Bahrain Airshow

The Emirates A380 drew in more than 11,000 visitors in three days at this year’s edition of the Bahrain International
Intersec 2019 to open in Dubai in January

With Intersec 2019, the world's largest trade and networking event for safety, security and fire protection opens in
Total of 537,000 business licenses issued by end of October

A total of 537,000 business activity licenses has been issued by the end of October 2018, 1 percent up from August of
Emirates Group announces half-year performance for 2018-2019

The Emirates Group today announced its half-year results for 2018-19. The Group saw steady revenue growth compared to
Dubai Aerospace signs new $720m revolving credit facility

Dubai Aerospace Enterprise (DAE) Ltd. today announced that it has signed a new unsecured US$720 million revolving
ADNOC signs framework agreement with Uzbekneftegaz

The Abu Dhabi National Oil Company, ADNOC, signed, today, a framework agreement with Uzbekneftegaz, a joint stock
Emirates launches special fares to over 20 global destinations

Emirates is offering special fares in the UAE to over 20 global destinations in its network. Passengers can now take
$778m worth of business generated by Arab Health 2018

Arab Health, an exhibition for healthcare and trade professionals in the Middle East and North Africa, MENA, region,
Brand Dubai, DIFC sign MoU

Brand Dubai, the creative arm of the Government of Dubai Media Office, GDMO, and the Dubai International Financial
Dubai trade in foodstuff oversteps Dh44bn in first half 2018

Dubai external trade in foodstuff has recorded AED44.24 billion in the first half of 2018. Imports made AED27.68
Bluewaters, an island here destination in Dubai, is now open

Since Ain Dubai, the world’s largest observation wheel, first made its appearance off the coast of Dubai Marina, it has
Mubadala Petroleum to acquire interest in Nour Concession in Egypt

Mubadala Petroleum has announced that it has agreed with Eni to purchase a 20 percent participating interest from Eni’s
Dubai Tram serves 20 million passengers in 4 years

Since its launch on 11 November, 2014 through the end of September 2018, the Dubai Tram had served 20,879,564
37% of India’s outbound market will travel to GCC by 2022

The number of Indian visitors travelling to the GCC over the coming five years will need to book an extra 10.8 million
Canada’s Bombardier says it will cut 5,000 jobs

Canadian plane and train maker Bombardier said Thursday it will shed 5,000 jobs and sell off two units as part of a
UAE women entrepreneurs learn about India’s social business landscape

In pursuit of establishing socially impactful and innovative businesses, the first group of the 10-month Badiri Social
FTA calls on retailers to verify if used cars were subject to VAT

The Federal Tax Authority, FTA, applauded the high tax compliance rate and increased tax awareness among businesses in
dnata doubles operations in Canada

GTA dnata, dnata’s joint-venture company in Canada, significantly expands operations at Toronto Pearson International
Emirates’ Game Changer First Class Suite to debut on Vienna route

Emirates’ latest Boeing 777-300ER aircraft fitted with the ‘Game Changer' First Class product will operate between
Etihad Airways celebrates 15 years of successful flying

Etihad Airways is celebrating fifteen years since its first flight and its subsequent rise as one of the world’s
Environment agency to tackle harmful effects of asphalt manufacturing

The Environment Agency – Abu Dhabi, EAD, has extended its Eltezam compliance campaign to target the damaging effects of
Emirates unveils world’s first 'biometric path'

Emirates is gearing up to launch the world’s first "biometric path" which will offer its customers a smooth airport