Abu Dhabi / WAM In the presence of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Dr. Ali Mohammed Shein, President of Zanzibar, the Khalifa Fund For Enterprise Development, has signed a Memorandum of Understanding, MoU, with the Ministry of Finance and Planning of Tanzania ...
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Iconic ‘Constellation’ at Founder’s Memorial wins global award
Abu Dhabi / WAM The Constellation, a monumental public artwork featuring a dynamic three-dimensional portrait of the late Sheikh Zayed bin Sultan al Nahyan, the Founder of the UAE, clinched The CODA awards 2019 in the “Institutional Category”. The internationally acclaimed award celebrates projects the most successfully integrate commissioned art into interior, architectural, or public spaces. The CODA awards 2019 ...
Read More »ADFD provides $10m for Zanzibar’s health sector
Abu Dhabi / WAM Abu Dhabi Fund for Development (ADFD) signed a Memorandum of Understanding (MoU) with the Government of Zanzibar in the Federal Republic of Tanzania to provide AED37 million ($10 million) towards the development of Wete Hospital on Pemba Island in Zanzibar. The MoU was signed by Mohammed Saif Al Suwaidi, ADFD Director General and Mohammed Ramia Abdiwawa, ...
Read More »DMCC, China to bolster ties
Dubai / WAM Dubai FDI, the investment development agency of Dubai Economy, announced that the Dubai Multi Commodities Centre (DMCC), will be holding an “Investing in Trade Forum”, on the sidelines of the Dubai Investment Week 2019. The Forum is part of “Spotlight on Investment Opportunities” forums that are a series of specialised forums held in partnership with Dubai FDI’s partners ...
Read More »ADX shares expertise with ‘Capital Markets and Returns’ lectures
Abu Dhabi / WAM The Majlis Affairs Office at the Abu Dhabi Crown Prince’s Court in coordination with the Abu Dhabi Securities Exchange (ADX), carried out two informative lectures on “Capital Markets and Returns”. The lectures took place in Zakher Majlis in Al Ain and Al Wathba. ADX briefed investors and public about its new market products and services, and vital ...
Read More »Abu Dhabi government bodies reveal readiness for Gitex 2019
ABU DHABI / WAM The Government of Abu Dhabi, represented by 32 key government and academic entities, has expressed readiness in preparing its participation at ‘Gitex Technology Week’, which will be held from October 6 to 10, at the Dubai World Trade Center (DWTC). Abu Dhabi Digital Authority (ADDA), the leading governmental entity in charge of coordinating the participation of ...
Read More »Expo 2020 Dubai selects 25 innovative projects
Dubai / WAM A Norwegian programme to swap plastic waste for financial reward, an online software from Bhutan that calculates healthy, cost-effective school meals sourcing ingredients from local farms, and a Cameroonian project to build sustainable refugee camps are among the 25 projects selected in Expo 2020 Dubai’s Global Best Practice Programme. The 25 success stories – all simple, effective, ...
Read More »Russia sends refinery equipment on epic 9,000km voyage
Bloomberg Seven hundred tons of Russian refinery equipment has just completed a journey worthy of a great explorer. The parts manufactured in Volgograd will be used to upgrade Gazprom Neft PJSC’s Omsk refinery. That’s a trip of 2,599 kilometers by land, but the oversized cargo had to be taken by water. That required a journey of more than 9,000 kilometers ...
Read More »Pemex names new chief of trading arm
Bloomberg Petroleos Mexicanos replaced the head of its trading arm PMI with Ulises Hernandez, formerly an executive of Pemex Exploration and Production, after a mass exodus by former management. Hernandez, previously the head of resources, reserves and partnerships at Pemex, will replace Raul Enrique Galicia, according to a statement. PMI’s crude trading division will also have new management, as Armando ...
Read More »Afghans defy Taliban threats to vote in presidential poll
Bloomberg Afghanistan’s presidential polls closed on Saturday amid Taliban violence nationwide and complaints of wrongdoings in some polling centres. Millions of Afghans braved the militant threats and cast their vote for a new leader in the fourth democratic election since the Taliban regime was ousted by the US invasion in 2001. “Amid the challenges and threats, the presidential elections of ...
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