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UAE condemns missile attack on Saudi cities by Houthi and Saleh militias

posted on 29/03/2017

The Ministry of Foreign Affairs and International Cooperation on Tuesday condemned the persistent attacks on Saudi cities with ballistic missiles by the Houthi and Saleh militias. The statement by the ministry said the latest attack was clear evidence that weapons continued to be smuggled through the Hodeidah port, which is still under the control of the militias.

The ministry stressed the UAE's consistent position that the international community must take a clear stand on the Hodeidah port in order to streamline humanitarian relief operations and make sure successful delivery of aid materials, in addition to preventing weapons smuggling by the militias who prolong the crisis and exacerbate the humanitarian situation in Yemen.

The ministry pointed out in its statement that the attack on the Saudi cities with ballistic missiles was indicative of the militias' determination to undermine any political efforts to end the crisis in Yemen. It also shows that there are regional players who try to fuel the conflict further and destabilize the region in pursuit of their agendas.

The Arab Coalition had called on the United Nations to bring under its control the militia-run strategic port of Hodeidah in order to facilitate the flow of humanitarian supplies to the Yemeni people and to prevent the use of the port for smuggling weapons.


UAE Cabinet approves establishment of UAE Council for the Fourth Industrial Revolution

posted on 29/03/2017

The UAE Cabinet has approved the establishment of the UAE Council for the Fourth Industrial Revolution. The establishment of the Council coincides with the launch of the Global Manufacturing and Industrialisation Summit's which kicked off in Abu Dhabi on 27th March in the presence of Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum.

Mubadala Development Company (Mubadala), the Dubai Future Foundation and GE Additive signed a MoU during the summit launching the region's first Microfactories in the UAE.

The announcement fits within the context of the UAE' efforts to transform the Fourth Industrial Revolution into a global movement spearheaded by the UAE.

The council will be responsible for applying the UAE's fourth industrial revolution strategy and supervising its implementation. It will also oversee the implementation of a framework for governing legislative regulations and policies that support the strategy. The development follows the announcement of the UAE Government in November 2016, during which it launched the first executive plan in the world for the fourth industrial revolution.

The plan is in line with the UAE's fourth industrial revolution approach, driving it towards a ground reality that goes in unison with the UAE's approach in foreseeing the future and developing an industrial renaissance that is based on advanced technologies, and the minds and innovations of gifted Emirati youths.

The council will be chaired by Mohammad Abdullah Al Gergawi, Minister of Cabinet Affairs and the Future. Other members include Sultan Saeed Al Mansouri, Minister of Economy; Hussain bin Ibrahim Al Hammadi, Minister of Education; Ohood bint Khalfan Al Roumi, Minister of State for Happiness; Shamma bint Sohail Faris AlMazrui, Minister of State for Youth Affairs; Mohammad Omran Al Shamsi, Chancellor of Higher Colleges of Technology, and directors of UAE University and Khalifa University for Science and Technology. Other members also include the director-general of the Telecommunications Regulatory Authority, director-general of the National Electronic Security Authority, director-general of the Mohammad Bin Rashid Space Centre, director-general of the Smart Dubai Office and chief executive of the Dubai Future Foundation.


Dubai Property launches new apartment project, Mudon Views, in Dubailand

posted on 29/03/2017

Dubai Properties (DP) has announced the launch of Mudon Views, a lively, dynamic and vibrant apartment complex, within the popular Mudon residential master community in Dubailand.

The launch comes amidst growing demand for high return real estate investments in the expanding Dubailand district in Dubai. The first phase of the launch includes one, two and three bedroom apartments in two buildings, which will be part of a larger wholly integrated residential community with villas and townhouses.

The developer registered great success with the showcasing of the Mudon Views project at the recent Dubai Property Show in Shanghai that took place at the Shanghai World Expo Exhibition and Convention Centre from 24-26 March. The company, which was a Platinum Sponsor of the show, received a strong response from Chinese property investors who were particularly interested in Dubai's wide range of residential investment developments in the Dubailand district, led by Mudon Views. Mudon is one of the most sought after developments for its green and family-friendly environment that offers an active and healthy lifestyle.

Masood Al Awar, Chief Commercial Officer at Dubai Properties said, "Communities like Mudon Views continue to be a key investment category for property buyers, especially families who are in search of holistic living within self-reliant communities that are complete with all facilities and amenities. The success of Mudon and other projects we have launched in this district including Arabella 1 and Arabella 2 are testimony to investors' interest in the finest calibre of housing in new and emerging parts of the emirate."


27th edition of Abu Dhabi International Book Fair to start on April 26th

posted on 29/03/2017

The 27th Abu Dhabi International Book Fair will run between 26th April and 2nd May, at the Abu Dhabi National Exhibition Centre.

Organised by the Abu Dhabi Tourism and Culture Authority (TCA), the fair consistently witnesses record-breaking participation from Arab and Foreign publishing houses, and includes a professional and cultural programme. While focussing on electronic publishing, digital content, electronic applications and the latest technologies in the publishing world, it will be full of activities.

The event will provide the perfect space for event developers and service providers to demonstrate their latest products and services to the publishing community. In this edition, the fair celebrates China as a Guest of Honour and philosopher Ibn Arabi, a pivotal character, given his intellectual theses and poetry set to Arabic music.

Saif Ghobash, the Director-General of the TCA, said, "The Abu Dhabi International Book Fair is one of the most important projects organised by the Abu Dhabi Tourism and Culture Authority. The annual event has established its official stature as the biggest event of its kind, in addition to its high stature in the publishing sector of the world."

It represents the authority's commitment to making Abu Dhabi a beacon for culture and an international destination for the publishing industry, he remarked.

"There is a boom in the publishing sector and a remarkable growth today in the number of Arab authors who are in the forefront of this growth. We provide full care for literary works and publishing, whether traditional or electronic," Ghobash added.

He noted that the Abu Dhabi International Book Fair strengthens its commitment to readers in a bigger way this year, which allows them to enjoy the wonders of reading and writing through a number of diverse workshops and seminars which focus on publishing industry.

Digital publishing represents something very important in the development of this industry while keeping up with the directions of modern publishing, he added.

Abdullah Majid Al Ali, Acting Executive Director of the National Library sector at the Abu Dhabi Tourism and Culture Authority, said, "The demand from exhibitors is high. This shows the importance of this event once again and the role it plays in the region."

The list of the Fair's guests includes prominent novelists, authors, graphic designers, article writers, and societal trailblazers who come from the Middle East, Europe, Asia, North Africa, and North America.


WAM launches new app for smartphones

posted on 29/03/2017

The Emirates News Agency, WAM, launched its new smartphone application called "WAM", which allows its users to easily reach a wide range of information and news, in addition to the different services offered by the news agency.

The launch of the application, available on Apple and Google online app stores, is part of the plan of the National Media Council to keep pace with technological developments and electronic advances in news services, to achieve its vision of developing the media sector.

Mohammed Jalal Al Raisi, Executive Director of WAM, said that launching the application comes as part of the plans to keep pace with the constant changes in media platforms, digital technology and the speed of transferring information and news, while clarifying that the new application will offer its users the latest news and updates. It will also allow them to view relevant news according to their interests, whether local news, sports or economic news, as well as the option to view photos and videos on news items of interest.

The application also provides news in both Arabic and English, as well as documented materials from photographs or videos. It will also include a specific section on press reports and regional and international news, as well as an economic news section and sports section. The application provides the services of the agency to those who sign up, as well as the option to use or buy photographs.

The application can be downloaded by searching for "WAM" in online app stores, or directly through the link.


Zayed Housing Programme to approve Al Khawaneej Residential Complex in Dubai

posted on 29/03/2017

Dr. Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development and Chairman of the Zayed Housing Programme, has said that the programme will approve the design and supervision of the Al Khawaneej Residential Complex in Dubai, following a tender in the second quarter of this year.

The complex is the emirate's second residential project, in an area of 250,520 square metres housing 341 units in the second Al Khawaneej area.

"We work in the nation of happiness to serve the happiest people, which doubles our responsibility in the Sheikh Zayed Housing Programme to accelerate the stages of completion, and support the elements of consumer happiness in various regions, and to strive to lead in the projects we propose, to create a cohesive society of stability and happiness," Dr. Al Nuiami said.

He added that the Al Khawaneej Residential Complex is a product of this responsibility. The design and supervision of the project, which was launched in the first quarter of this year, will be approved after announcing a tender for its establishment and completion in the fourth quarter of this year.

Dr. Al Nuaimi announced that the projects of the Al Khawaneej Residential Complex followed the launch of the Al Quoz Residential Complex that includes 159 housing units, as the second set of complexes that were developed by the programme in Dubai since its establishment.

He also praised the co-operation of local authorities from the Dubai Government to overcome all obstacles to the stability of families of UAE nationals and to ensure that all forms of support are provided so the UAE can benefit from the joint co-operation between relevant authorities, in achieving the housing indicators on the National Agenda 2021.

The new project is located in the Deira, Dubai, on the northern side of the Al Khawaneej residential area, along "D97" street and in an area of more than 3,000 residential lands that were allocated by the Dubai Government for public housing. The project includes six models in a variety of styles, including Mediterranean, Modern, Andalusian and Islamic.

The idea of diversity in the residential complex was adapted to add an appealing touch that blends authenticity of heritage and urban development, in a manner that distinguishes this complex and makes it one of the most attractive residential complexes to be implemented in the country.


Impact of Global Manufacturing and Industrialisation Summit already felt

posted on 29/03/2017

The inaugural Global Manufacturing and Industrialisation Summit (GMIS 2017) opened in Abu Dhabi on Monday, and its impact is already being felt, as global industry leaders, policymakers and civil society organisations unite to explore ways in which manufacturing and industry can fix the global economy and help create prosperity, opportunity and employment.

The global CEO of Siemens, Joe Kaeser, announced that the company would grant 100 million in software licenses to UAE universities in partnership with AIESEC, the world's largest non-profit youth-run organisation. The technology will support the development of the skills required to drive the country's digital transformation in the Fourth Industrial revolution (4IR) era.

"Siemens is a founding partner of GMIS where it will showcase technologies for the full digital enterprise, cyber security, energy optimisation, industrialised 3D printing and product lifecycle management," Kaeser said at the GMIS, the world's first global gathering for the manufacturing community, bringing together decision-making leaders from governments, businesses and civil society organisations to shape a vision for the sector's future.

The announcement adds further weight to the UAE's status as one of the most advanced and innovative hubs regionally for manufacturing and industry, as the UAE government pushes the 4IR agenda with a view to diversifying the economy; capitalising on opportunities emerging from the global value chain; creating game-changing and action-led partnerships between global industry leaders and local businesses and organisations; and developing high-skill, sustainable employment opportunities in the age of increased automation – meeting the increased demand to create jobs for the region's youth and build a prosperous post-oil future.

"With GMIS, the UAE has created a platform in which leaders from international industry, global governments and civil society organisations can come together and forge alliances, develop policies and find tangible solutions to pressing global issues. Never before has a summit like GMIS been held – where the world's manufacturing community can convene and not just talk but crucially act on issues which matter not just to industry, but to the world. Over the three days of this summit we will see much, much more. The impact will be felt not just here in the UAE, but far beyond," said Badr Al Olama, Chief Executive Officer, Strata Manufacturing, and Head of the Global Manufacturing and Industrialisation Summit Organising Committee, who opened the Summit with a passionate speech on the need for the manufacturing sector to work to solve the pressing issues of global inequality and create a more equitable and just world.

"The time for change is now, the place to make that happen is here in the UAE at the GMIS. I firmly believe that we could not have made this happen anywhere else in the world. The Siemens announcement truly represents how companies can make transformative contributions to the world - starting with the youth," Al Olama added.

A joint initiative by the UAE Ministry of Economy and the United Nations Industrial Development Organisation (UNIDO), and co-hosted with the Abu Dhabi Department of Economic Development, the GMIS is held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces.

Today, Siemens, Strata and Etihad Airways Engineering announced a landmark pilot project that has successfully developed the first aircraft interior part to be designed, certified and manufactured with 3D printing technology in the Middle East.

The part - a plastic frame which surrounds media screens on Etihad Airways aircraft - can be manufactured on demand, cutting production time and eliminating the need for shipping or a locally-stored inventory. The additive manufacturing technology (known as 3D printing) also removes the requirement to design and build tooling for the manufacturing process, allowing future design updates to be modeled virtually and printed swiftly using existing equipment. The monitor frame was selected for the pilot project because of its complexity and appearance requirements. The 3D-printed parts can be used in Etihad Airways aircraft immediately.

The Summit is a global platform for participating attendees to learn from best practices from across the world. This unprecedented global gathering is set to spark new ideas and set the stage for debate and action – addressing ways in which manufacturing can shape and reshape the world, integrating activities between developed and emerging markets, and delivering on social responsibility towards future generations.


Region's first microfactories in the UAE launched

posted on 29/03/2017

Abu Dhabi-based Mubadala Development Company, the Dubai Future Foundation and GEAdditive are uniting their collective expertise behind the establishment of the first Microfactory in the region, seeking to accelerate revolutionary additive design, customer innovation, digital manufacturing technologies and access to global problem solving within the United Arab Emirates.

The Microfactory is expected to play a crucial role in the upscaling of design and manufacturing capabilities in the UAE and the broader region, allowing for the merger of innovative and forward thinking ideas with the ability to use cutting edge additive manufacturing technology in the production of specialised components, the three organisations said in a statement.

The Microfactory is able to bridge the gap to production through small batch manufacturing and would support ecosystem development, customer co-creation and unlocking new growth sectors.

A memorandum of understanding was signed at the inaugural Global Manufacturing and Industrialisation Summit (GMIS 2017) in Abu Dhabi was signed by Mohamed Abdullah Al Gergawi, Minister of Cabinet Affairs in the Federal Government of the UAE and Vice Chairman and Managing Director of the Dubai Future Foundation, Khaldoon Khalifa Al Mubarak, Group Chief Executive Officer and Managing Director at Mubadala, and Beth Comstock, Vice Chair, GE.

Coupled with the use of open innovation and on-demand crowd-sourcing aimed at solving key regional challenges, this MoU serves an integral role in the lead up to the realisation of UAE's Vision 2021 of diversifying and supporting the advancement of industrialisation, localisation and manufacturing.

The goal is to build both an Abu Dhabi-based Microfactory focused on serving industrial companies, as well as a Dubai-based Microfactory focused on serving consumer goods and services companies.

"As a nation, our remit is a clear one: identify and act upon unique and sustainable partnerships that provide significant advancements across all sectors, in line with Vision 2021," said Al Gergawi. "The leadership of the UAE is a firm believer in the exceptional opportunities presented by a proactive and future focused strategy, enabling individuals, companies, sectors and the nation to progress through the use of innovative and collaborative tools and platforms. These Microfactories are a glimpse of what the future represents, combining innovation and educational ecosystems with fast, efficient and sustainable manufacturing capabilities. The possibilities are truly limitless."

"Manufacturing across many sectors has contributed to the diversification of our economy, and a number of Mubadala's portfolio companies have made great strides in using collaboration and innovation to deepen manufacturing expertise," said Khaldoon Al Mubarak. "This partnership with the Dubai Future Foundation and GE on these innovative micro-factories has the potential to further this expertise and enhance the country's competitive edge."

The ability to continuously originate products will help to burgeon the UAE's already expanding innovation ecosystem, driving new and unique collaborations aimed at supporting the nation's drive toward its Vision 2021.

"The ability to partner with both Mubadala and the Dubai Future Foundation – two entities which enjoy an amazing track record in advancing emerging technologies and levelling up innovation platforms within the region – is truly exceptional," said Comstock. "We share a significant history of working toward projects that advance the region, and these Microfactories continues that rich tradition. It will support the growth of entrepreneurs and SMEs in the digital industrial space, building a local ecosystem and community of suppliers across the key industries. GE is thrilled to partner once again in accelerating the use of this game-changing technology."

Members of GE Additive's engineering team will also be working closely with companies from the region across several industrial sectors, offering best practices in how to design and manufacture components using the additive process, whilst GE's Fuse team will recruit the expert community and coordinate the collaboration on innovation missions.

The Global Manufacturing and Industrialisation Summit (GMIS 2017), taking place in Abu Dhabi from 27th to 30 March, offers a voice and a venue for leaders with a vision to shape the future of manufacturing with a hand-selected audience of over 1,200 delegates including government leaders, Ministers, policy makers and C-Suite executives from Global 2000 Companies.


Julphar plans to expand to over 34 countries

posted on 29/03/2017

Julphar Gulf Pharmaceutical Industries has expressed its intention to develop and expand in more than 34 countries around the world, consolidating its prominent position in the global pharmaceutical industry.

Emirates News Agency, WAM, met with Dr Hosam Badr, Marketing Director at Julphar, on the sidelines of the Global Manufacturing & Industrialisation Summit (GMIS), where he spoke about the company's goal through its participation in the summit held from 28th to 30th March, under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces.

Badr stressed that Julphar had participated in this summit to discuss the pharmaceutical industry and its future projects. The company plans to expand and enter new markets, he revealed, pointing to the Julphar factory in Saudi Arabia which will be opened soon, as well as the factories in Bangladesh and Ethiopia, in addition to projects in Morocco, Algeria and Egypt, where medicines are being manufactured locally.

The company's expansion plans include 34 countries around the world, and it plans to export more than 90 per cent of its products he added. Julphar is considered among the leading companies that exports to countries such Saudi Arabia, which is the biggest market for the company in the region, as well as Kuwait, Omar, Yemen, Iraq and Lebanon, he remarked.

He emphasised the company is now focussing on the development of the insulin project. The company established a factory to manufacture raw insulin, a major achievement because there are few factories around the world that have obtained the technology required for the production of insulin, he mentioned.

The company has established this factory upon the directives of Sheikh Faisal bin Saqr Al Qasimi, Chairman of Julphar Gulf Pharmaceutical Industries, he said, stressing that the company had started producing insulin locally and developing normal insulin to become more sophisticated.

He highlighted the alternative medicine project being carried out by the company, including components similar to the natural materials produced in the human body, which are being developed and enhanced to guarantee the best medicines to the patients.

The company is exporting medicines to the Latin America countries, New Zealand and the United States, he added.


Dividends to 71 Abu Dhabi and Dubai-listed companies increase to AED33.83 billion in 2016

posted on 29/03/2017

Dividends suggested by board of directors of 71 companies listed in Abu Dhabi and Dubai financial markets for the fiscal year 2016 have grown substantially to AED 33.83 billion. The dividends have already been approved by some of the general assemblies of the companies.

The per share dividends are reckoned the highest in the Gulf and Middle East region, according to an analysis by Emirates news Agency, WAM. The considerable hike in the dividend values will provide high free cash flows for investment, rather than for speculations, despite the continued fluctuations in prices, according to the analysis.

As per official statistics, the average annual investment returns for the year 2016 reached around 4.94 percent, with the returns of the industrial sector's shares being the highest at 7.14 percent.

The analysis showed that 92.6 percent of the dividends have been acquired by four sectors: banking, telecommunications, real estate and investment. The dividends have been announced by 71 companies registered in the Abu Dhabi and Dubai financial markets until 28th March, with the banking sector acquiring the lion's share thereof. Up to 13 national banks distributed AED16.84 billion, accounting for 49.7 percent of the total announced distributions.

The telecommunication sector came second with AED8.5 billion, a 25 percent of the total yields. The real estate sector came third with dividends worth AED 3.53 billion, a 10.4 percent of the total distributions.

The hospitality and leisure sector's dividends reached a total of AED 1.4 billion, with the investment and capital sector distributing AED1.05 billion, with AED637 million for the transport and logistics sector, AED563 million for the insurance sector, and AED525 million for the industrial sector. The remaining amount is shared by the rest of the sectors.

The insurance platform comes on top of the sectors in terms of the number of companies that distributed 2016 dividends to their shareholders, with a total of 16 companies. Up to 13 banks, 10 companies in the industry sector, 5 companies in the investment and financing sector, four companies in the real estate and 3 companies in the transport sector distributed their dividends.


Dubai Airports launches blog to help passengers get the most from their holiday

posted on 29/03/2017

Dubai Airports has announced that it launched "Connect", a consumer blog for travellers and aviation fans in addition to completing a major website revamp.

As well as publishing the latest news from Dubai International, DXB, and Dubai World Central, DWC, Connect offers information and inspiration for Dubai tourists and residents alike. Visitors to the blog can ensure they are always up-to-date by subscribing to the Connect newsletter.

The blog launch is supported by a revamp of Dubai Airports' main website homepage to cover the needs of every visitor to DXB and DWC, whether they are arriving, departing, connecting or meeting loved ones.

Combined with the integration of user-friendly tools for booking car rentals, foreign currency and nights at Dubai International Hotel, the revamp has increased the average website dwell time by more than one and a half minutes.

Commenting on the announcement, Matthew Horobin, Director of Brand Engagement at Dubai Airports, said, "Our digital channels have taken a major leap forward in showcasing the amazing facilities, services and experiences at both DXB and DWC. Our brand new Connect blog is an up-to-the-minute window into our airports and our city, packed with ideas and itineraries for travellers. It's a must visit for anyone planning a flight into or out of Dubai.

"Similarly, the revamp to our website's homepage is rooted in bringing the passenger experience to life via inspiring imagery, practical information and social media posts generated by our passengers themselves. It also places essential tools at our passengers' fingertips. They can check their flight status, place an order for foreign currency and even book a room at our very own 5-star hotel in DXB."