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February 17, 2020

DEWA Sustainovate Idea Lab participants discuss building a sustainable future at Global Women’s Forum 2020

A group of pioneering female employees from the Dubai Electricity and Water Authority (DEWA) came together in a breakout session to share their achievements as part of the DEWA Sustainovate Idea Lab at the Global Women’s Forum (GWFD) 2020.

GWFD 2020 is taking place at the Madinat Jumeirah in Dubai, UAE, under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates, and Ruler of Dubai, and will conclude on 17 February.

The session’s participants from DEWA included Tawadod Rashid Almutawa, Senior Executive – Future Accelerators Innovation & The Future Division; Fatima Al Marzooqi, [...]

 
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February 4, 2020

DAE signs new US$300 million 5-year dual tranche unsecured term financing facility with Emirates Islamic and Emirates NBD Capital

Dubai Aerospace Enterprise (DAE) Ltd. announced that it has signed a US$300 million 5-year dual tranche unsecured term financing facility with Emirates Islamic and Emirates NBD Capital, the investment banking arm of Emirates NBD. The facility will contain a conventional and an Islamic tranche and can be upsized to US$600 million. The facility will support the future financing needs of DAE’s business.

Firoz Tarapore, Chief Executive Officer of DAE said: “We are very pleased to enter into this agreement with Emirates Islamic and Emirates NBD Capital, and to deepen our relationship with Emirates NBD as we continue to diversify our pool of liquidity. We thank both Emirates [...]

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February 3, 2020

Emirates and Expo 2020 Dubai to provide a glimpse into ‘The World’s Greatest Show’ at the Emirates Airline Festival of Literature 2020

Emirates is taking its partnership with Expo 2020 Dubai to new heights and educating festival goers about its involvement at The World’s Greatest Show during the Emirates Airline Festival of Literature, which is set to start tomorrow, and will run through 9 February at the InterContinental Hotel Dubai Festival City.

In line with the theme of “Tomorrow” – Emirates and Expo 2020 Dubai will be activating a joint interactive space and rolling out unique experiences on-ground to interact with visitors of all ages, fostering an environment of creativity and encouraging discussions around Expo 2020’s main theme: “Connecting minds, Creating the [...]

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January 29, 2020

Dubai Customs launches Cross Border e-Commerce platform

Dubai Customs officially launched its Cross Border e-Commerce platform as part of its organized activities in the 3rd UAE Customs Week 2020. The new blockchain based project is the first of its kind in the region and it aims to help the emirate become a global hub for e-commerce and encourage e-commerce companies set their businesses in Dubai. The project, which was piloted in September 2019, comprises two phases. The first one was the blockchain platform to facilitate e-commerce export transactions through couriers and was completed last September. The second one will facilitate e-commerce import, declaration consolidation and automated refunds, and reduce fees and charges in [...]

 
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January 28, 2020

RTA gets ready for eParking tickets debut

Roads and Transport Authority (RTA) is readying for the launch of the eParking tickets; an innovative solution for paying parking fees in Dubai. The project comes with upgraded parking metres fitted with interactive touch screens enabling users to enter vehicle details and have eParking tickets issued similar to text messages for mobile phones (mParking) without the need to display a paper ticket on the front of the vehicle.

The initiative is part of RTA’s efforts to develop new services compatible with the Smart City initiative, besides supporting Dubai Paperless Strategy.

The implementation of the project started after the analysis of public polls conducted [...]

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January 19, 2020

Hamdan bin Mohammed reviews results of 2019 Government of Dubai Customer Happiness Index survey

Crown Prince of Dubai and Chairman of The Executive Council of Dubai His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum reviewed the results of the 2019 Government of Dubai Customer Happiness and Mystery Shopper Index surveys.

The surveys are part of the Dubai Government Excellence Programme, which evaluates the service quality of various government entities.

HH Sheikh Hamdan bin Mohammed congratulated the top three entities identified as the best performers in the Index. He directed entities that scored below average in the Customer Happiness Index to submit plans to enhance the quality of their services.

The Crown Prince said: “As part of [...]

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January 18, 2020

DEWA strengthens role of AI to drive sustainability

The UAE’s wise leadership places great importance to protecting the environment and promoting a green economy, placing sustainability at the forefront of its strategic priorities. This supports the UAE Vision 2021, which aims to build a sustainable environment, and a diversified and sustainable competitive economy that ensures a secure future for generations to come. Under the guidance of its wise leadership, the UAE has made great progress towards sustainability, driven by significant achievements in the adoption of advanced technologies to create a new reality and to build a leading global model for sustainable development.

The UAE has recognised the importance of [...]

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January 10, 2020

DAFZA’s total trade reaches AED 120 billion in the first nine months of 2019

Dubai Airport Freezone Authority (DAFZA) announced that it contributed 12% of Dubai’s AED 1.02 trillion foreign trade in the first nine months of 2019. The results highlight the success of DAFZA’s strategic projects that have played a role in supporting Dubai’s economic growth and enhancing its GDP. 

DAFZA’s operational performance supported the increase in global trade through the free zone. DAFZA achieved a growth of 11.2% in the total value of foreign trade to reach AED 120 billion, in addition to an 11.8% growth in re-exports, valued at AED 68 billion and accounted for 21.7% from the total re-exports in the emirate of Dubai. This came as a result of establishing [...]

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