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DUBAI NEWS

Emirates Group Security Becomes Middle East’s First Aviation Security Organisation To Be Awarded The Dubai Quality Award
The awards is under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.

The dusitD2 Hotel Brand Is Set To Launch In The U.A.E
Thailand-based hospitality group Dusit International announces the launch of its dusitD2 brand in the United Arab Emirates this July with the opening of the dusitD2 Kenz Dubai.

Dubai Healthcare Authority To Raise Awareness Of Asthma
In recognition of World Asthma Day (WAD) marked annually on the 3rd of May, Dubai Healthcare Authority in collaboration with Mundipharma hosted an event at Rashid Hospital to raise public awareness of the asthma epidemic in the UAE, which effects 13% of the UAE population.

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DUBAI FEATURES

DGCX crosses 6 million contracts

Year-to-date (YTD) trading volumes on the Dubai Gold & Commodities Exchange crossed 6 million contracts in April 2016, growing 45% over the same period last year whilst maintanining a steady Average Daily Open Interest of 109,487 contracts. Growth was primarily driven by DGCX 's currency segment, which saw a substantial increase of 43% compared to the same period last year trading 5,740,764 contracts on a YTD basis. The G6 currency pair futures saw highs of 122,109 contracts with Euro and British Pound futures leading the way with a growth of 190% & 154% respectively. Among the emerging market currencies, South African Rand futures demonstrated a steady growth of 47% over same period last year. Indian Rupee options also saw brisk trading this year with 96,940 contracts traded, up 220.7% from the same period last year. 



Dubai’s office market remains positive with strong corporate occupier demand for good quality accommodation

Dubai's office market continues to see strong demand for good quality, efficient, and well located accommodations, resulting in declining vacancy rates in key sub-markets according to Q1 2016 Dubai MarketView by global real estate consultancy firm CBRE. In TECOM and DIFC, demand is currently outstripping supply, encouraging a new wave of development starts. This includes the highly anticipated ICD Brookfield Place at the DIFC which will comprise around 1.1 million square feet of Grade A offices and high quality retail. There has also been sustained demand for new freezone licenses, with DMCC currently experiencing positive take-up rates, driven by demand for smaller offices spaces from start-ups and SME's. 



What Are The Benefits To Living And Teaching ESL in the Middle East?

There are many opportunities for ESL teachers



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ABU DHABI NEWS

Abu Dhabi Fund For Development Organizes Annual Sports Day At Yas Marina Circuit
Abu Dhabi Fund for Development (ADFD) hosted a sports day for its employees on May 1, 2016 at Yas Marina Circuit in Abu Dhabi. The key highlight of the annual event was a cycling competition that drew the participation of His Excellency Mohammed Saif Al Suwaidi.

Mumbai ReImagines Luxury With Etihad Airways’ First Airbus A380 Service To India
Etihad Airways, the national airline of the United Arab Emirates, has introduced Mumbai to its Airbus A380 network with the launch of daily scheduled flights featuring its award-winning The Residence – the world’s first three-room suite on a commercial airliner.

National Bonds Promotes Financial Wisdom In Children Through Endorsing Book ’UAE Old And New Money’ At Abu Dhabi International Book Fair 2016
National Bonds Corporation (National Bonds), the leading sharia-compliant savings and investments company in the UAE, has purchased 1,000 copies of the book titled ’UAE Old and New Money’ written by Khadijah Kudsi and Dr Sarah Mavrinac.

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ABU DHABI FEATURES

Aldar Properties registers with ADCB for first ESCROW account project

Aldar Properties has signed its first ESCROW Agreement with Abu Dhabi Commercial Bank, the first registered ESCROW bank in Abu Dhabi. This agreement will enable Aldar Properties to have ESCROW accounts for the recently announced Yas Acres, a golf and waterfront development comprising 1315 villas and townhouses, on Yas Island.



Think Science Program

Think Science comprises three interrelated projects designed to help realize the potential of the UAE youth in the field of science – Think Science Competition, Think Science Connect and Think Science Ambassadors.



Volume of Abu Dhabi non-oil foreign trade stood at AED169.11 billion in 2015

The volume of non-oil foreign trade of the Emirate of Abu Dhabi across the different customs points over the past year stood at AED 169. 11 billion, up by 11 per cent compared to 2014. Mohammed Khadim Al-Hameli, Acting Director-General of the General Directorate of Customs in Abu Dhabi, said the directorate adopts a strategy to develop customs policies and raise the operational efficiency of customs at the level of Abu Dhabi in line with the pivotal role to support the national economy, and ensure the security and protection of society from unsound customs practices.



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SHARJAH NEWS

 
Shurooq Highlights Growth Of Sharjah’s Real Estate Sector At Middle East Investment Summit 2016
The government role in supporting and growing Sharjah’s real-estate sector was a key topic under discussion at the Middle East Investment Summit (MEIS) 2016, which ran from May 2-3 at the Ritz-Carlton, Dubai International Financial Centre, Dubai.

Al Qasba To Stage ’The Tiger Who Came To Tea’
Al Qasba, Sharjah’s premier leisure, tourist and family destination will stage ’The Tiger Who Came to Tea’, a play based on the celebrated children’s short story of the same name. Written by German-born British author Judith Kerr in 1968.

National Identity And Children’s Literature Discussed At SCRF
The role of children’s literature in preserving the national identity of the upcoming generation was the topic of a lively debate held on the sidelines of the Sharjah Children’s Reading festival which wrapped up yesterday.

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SHARJAH FEATURES

Sharjah24.ae

sharjah24.ae is an online newspaper, launched in February 2015 and operated under the purview of Sharjah Media Centre - the media and communications arm of the government of Sharjah with its editorial desklocated in Sharjah. The website serves the public as a reliable reference for daily news consumption about events taking place in the United Arab Emirates andthe emirate of Sharjah in particular.



Sharjah Museums Launch New Web Site

The Sharjah Museums Department (SMD) was established in 2006 by His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, as an independent government department.



Shurooq and Air Arabia sign MoU to promote Sharjah globally

The Sharjah Investment and Development Authority and Air Arabia, the first and largest low-cost carrier in the Middle East and North Africa, have signed an MoU to promote Sharjah's world-famous business projects and brands across the globe. The MoU was signed by Mr Adel A. Ali, Group Chief Executive Officer, Air Arabia, and Marwan bin Jassim Al Sarkal, CEO of Shurooq , in the presence of a number of senior executives from both authorities.



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