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DUBAI NEWS

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ADNOC signs 15-year gas sales agreement with Dubai’s DUSUP
Abu Dhabi National Oil Company, ADNOC, today signed a 15-year gas sales agreement with the Dubai Supply Authority, DUSUP, for the supply of natural gas, to help meet Dubai’s energy needs.

DEWA awards AED 1.1 billion contract for the construction of 4th phase of H-Station at Al Aweer
Dubai Electricity and Water Authority (DEWA) has awarded the contract for the construction of the 4th phase of H-Station at Al Aweer, worth AED 1.1 billion, to a consortium comprising Siemens and ELSEWEDY Power.

DP World Reports Record Volume Of 70 Million TEU And 10.1% Volume Growth In 2017
DP World Limited handled 70.1 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the full year of 2017, with gross container volumes growing by 10.1% year-on-year on a reported basis and 9.7% on a like-for-like1 basis.

Mohammed bin Rashid Issues Resolution On Corporate Social Responsibility
The Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has issued Cabinet Resolution No. 2 for 2018 regarding the Corporate Social Responsibility (CSR).

His Excellency Abdul Aziz Al Ghurair Hosts First ’UAE Scholars Dialogue’ With Young Emirati High-Achievers
His Excellency Abdul Aziz Al Ghurair, Chairman of the Abdulla Al Ghurair Foundation for Education, hosted the first chapter of the UAE Al Ghurair Scholars Dialogue in Dubai with a group of high-achieving Emirati students studying at the University of Sharjah.

UAE Optimistic For 2018 Despite Expecting VAT To Be A Challenge One Month In
New YouGov Omnibus research has found that despite expecting VAT to be a challenge in the UAE, residents are largely optimistic for the year to come.

Dubai Land Department Honours Employees Participating In The ’Builders Of The Future’ Programme
Dubai Land Department (DLD) recently held an internal ceremony to honour employees participating in the ’Builders of the Future 2017’ programme, which aims to develop the capabilities and skills of the department’s staff.

Mirdif Hills Construction 30% Completed; Launches Sales In Nasayem Avenue
Structural work on the project’s clusters - Janayen Avenue, Nasayem Avenue and Multaqa Avenue - is progressing as per schedule. Construction of Janayen Avenue is 31% complete including the fourth floor slabs, while Nasayem Avenue is 34% completed with fourth floor slabs.

Central Bank Launches An Initiative To Develop A Pioneering And Customer-Centric National Payment Systems Strategy For The U.A.E.
The Central Bank of the United Arab Emirates launched an initiative to develop a National Payment Systems Strategy for the U.A.E.

Emirates SkyCargo Launches Freighter Services To Maastricht
Emirates SkyCargo, the freight division of Emirates, is expanding its footprint in Europe with the launch of new scheduled freighter services to Maastricht starting 6 February 2018.

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