DUBAI / WAM The Emirate of Dubai has witnessed exceptional growth during the first half of 2019, with foreign direct investments (FDIs), reaching a record-breaking AED46.6 billion, HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, announced on Sunday. This new record represents a growth of 135 percent compared to ...

Bloomberg Saudi Arabia is considering selling a dollar-denominated Islamic bond as early as next month as the kingdom seeks to take advantage of lower borrowing costs, according to reports. The government is close to hiring banks for the possible sukuk sale. A sale would come just weeks after attacks on the kingdom’s oil facilities slashed Saudi Aramco’s crude output by ...

Abu Dhabi / WAM The UAE Cabinet adopted ten strategic resolutions to support Emiratisation on Sunday during a meeting chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, at the Presidential Palace in Abu Dhabi. The new resolutions are part of the outcomes of the committee, chaired by H.H. Sheikh Mansour ...

Abu Dhabi / WAM Early voting for the Federal National Council (FNC), election 2019, will take place from 1st to 3rd October at nine national polling stations, according to the National Elections Committee (NEC). Voting will begin on the national election day on October 5 at 39 polling stations nationwide. The NEC stated that voters can cast their votes at ...

Abu Dhabi / WAM The Emirates Red Crescent (ERC), announced the launch of new development aid projects in the Philippines, with a focus on the education and water aid sectors. An ERC delegation, led by Hamoud Abdullah Al Junaibi, Deputy Secretary-General of the ERC Marketing and Donations Collection Division, inaugurated the “Attaya School” in Manila, which has eight classrooms for 500 ...

New York / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, underlined the central importance of starting “the new decade by protecting the future of our region and the world … and continue to fight terrorist groups and extremist ideologies.” HH Sheikh Abdullah made the statements while delivering the UAE’s statement before ...

Dubai / WAM The Sharjah Chamber of Commerce and Industry (SCCI), recently signed a Memorandum of Understanding (MoU) with Gyeonggi Business and Science Accelerator, South Korea, to improve cooperation between the two sides and establish partnerships for the benefit of businessmen and the economic sector in the emirate of Sharjah and Gyeonggi-do Province. The agreement is also aimed at strengthening the exchange ...

Dubai / WAM Hazza Al Mansoori, the first Emirati astronaut, has shared a series of photos with the team at the Mohammed bin Rashid Space Centre (MBRSC), conducting an experiment on bone status indexes, body composition, and endocrine regulation in astronauts. This experiment on Osteology is conducted in cooperation with the Russian Space Agency Roscosmos. The pictures show Al Mansoori and ...

Abu Dhabi / WAM The Abu Dhabi Digital Authority (ADDA), announced the launch of its “Digital Stars” programme to employ 20 young nationals by the end of this year. The selected applicants will rotate throughout the organisation to ensure they receive the necessary exposure on all facets of the ADDA. Additionally, they will be partnered with a dedicated senior specialist ...

Bloomberg The natural gas boom is killing America’s nuclear industry. Wind and solar may finish the job. While nuclear plants struggle to compete with the flood of cheap gas coming from the nation’s shale fields, they still offer a key advantage, supporters say: They generate 24-hour electricity without producing carbon emissions. Renewables, meanwhile, haven’t yet nailed down the storage capacity ...