Abu Dhabi / WAM Mohammed Saif Al Suwaidi, Director-General of Abu Dhabi Fund for Development (ADFD), said that the Fund is keen to expand its development activities in developing countries, especially across the African continent that holds significant potential for growth. Welcoming a visiting high-level delegation from Ethiopia, led by Muferiat Kamil, Ethiopia’s Minister of Peace, at the Fund’s headquarters ...

ABU DHABI / WAM The United Arab Emirates and the Republic of Korea officially launched year-long series of the UAE-Korea Cultural Dialogue 2020 in a special ceremony held at the Abu Dhabi National Theatre. Marking 40 years of diplomatic relations between the two nations, the inauguration was attended by Noura bint Mohammed Al Kaabi, Minister of Culture and Knowledge Development, ...

ABU DHABI / WAM The Department of Culture and Tourism – Abu Dhabi has participated in the 28th edition of the New Delhi World Book Fair in India, alongside publishers and writers from around the world, as part of a promotional campaign for the Abu Dhabi International Book Fair (ADIBF) to attract publishers and enhance links with specialists in the ...

ABU DHABI / WAM HH Lt General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, reviewed the latest preparations for the “Arab Gulf Security 2” exercise, which will start in February in the UAE. During the meeting, Sheikh Saif was briefed about the exercise by members of the High Joint Committee for the Mobilisation ...

Dubai / WAM Following directives from His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister and Ruler of Dubai, HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has approved the new salary scheme for employees of the Government of Dubai. The new scheme, effective from ...

SHARJAH / WAM HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, on Monday inaugurated the Buhais Geology Park, a pioneering project in the field of ecotourism aimed at introducing visitors to the history of Sharjah’s geology, and the geological importance of Jebel Buhais and the archaeological areas surrounding it. HH Sheikh Sultan bin ...

ABU DHABI / WAM The value of credit facilities provided by banks in Abu Dhabi and Dubai to the business and industrial sectors during the first 11 months of 2019 amounted to AED8.5 billion, or 60.3 percent of the total credit facilities provided to these sectors throughout the country, totalling AED14.1 billion. Statistics issued by the Central Bank of the ...

DUBAI / WAM DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise –announced an up to 30 percent discount rate on licence fees for companies with membership of the UN Global Compact. The UN Global Compact is the world’s largest voluntary sustainability initiative that encourages businesses worldwide to adopt sustainable and socially ...

Bloomberg Vestas Wind Systems A/S, the world’s largest maker of wind turbines, has pledged to eliminate all waste in the production of its machines by 2040 as part of its drive to hit carbon neutrality by the start of the next decade. With wind power estimated to make up more than a quarter of the world’s power mix by 2050, ...

Bloomberg Sono Motors, the embattled German startup working to serially produce a solar-charged electric car, said it’s achieved a crowdfunding goal that will let the company stay in business. The sum passed its $55 million goal, the Munich-based company announced in a tweet. It had hoped to raise the amount by January 21. Sono announced the move to crowdfunding in ...