Bloomberg India and Pakistan’s bitter rivalry is costing them $35 billion worth of annual trade, the World Bank said in a report. Someone might want to tell the two countries’ leaders — both of whom want to boost trade to battle widespread poverty. The World Bank called for South Asia, the world’s least economically-integrated region, to start cooperating instead of ...

ABU DHABI / WAM Abu Dhabi Global Market (ADGM), has announced the signing of a strategic new Memorandum of Understanding (MoU), with Abu Dhabi Smart Solutions and Services Authority (Adsssa). The new partnership is aimed at exploring innovative initiatives and projects that can greatly contribute towards the development of the financial freezone on Al Maryah Island and reinforce efforts to ...

Dubai / WAM Nakheel awarded a contract worth AED35 million ($9.5 million) for the construction of a sports, health and leisure hub at Dubai’s Jumeirah Park community. Featuring an Olympic-size swimming pool, one of Dubai’s biggest gyms, a Clubhouse, spa and medical centre, the new destination will combine first-class sports facilities with a range of restaurants, cafes, shops and services ...

DUBAI / WAM The Telecommunication Regulatory Authority (TRA) and Cisco have signed a Memorandum of Understanding (MoU), to accelerate digital adoption and boost cooperation for the UAE’s digital future. The MoU is a key addition to Cisco’s Country Digital Acceleration (CDA), programme in the UAE, which aims at building and enhancing a strategic relationship with national leadership, industry, and academia ...

SHARJAH / WAM Air Arabia has announced the introduction of its new flight to Kabul, the capital city of Afghanistan, direct from Sharjah. Air Arabia’s introductory flight to the city will commence on October 4. The 2 hour 30-minute flight will operate four times per week, on Mondays, Thursdays, Saturdays and Sundays. The outbound flight from UAE will depart from ...

Dubai / WAM The Dubai Chamber of Commerce and Industry hosted an informative seminar examining the role of Corporate Social Responsibility (CSR), in driving business growth which provided a platform for Dubai-based SMEs to share knowledge, insights and best practices. Organised by Dubai Chamber’s Centre for Responsible Business, the seminar featured presentations from successful SMEs in the emirate that highlighted ...

Dubai / Emirates Business Dubai Land Department (DLD) announces its strategic partnership with Cityscape Global 2018 which will be held at the Dubai World Trade Centre (DWTC) for three days from October 2-4. DLD will take part in a unique platform under the slogan ‘Dubai Land Department…simulating your property with artificial intelligence,’ and will be connecting with visitors to introduce ...

Dubai / Emirates Business The Ministry of Finance (MoF) held an interactive panel discussion that focused on the challenges facing financial operations and the solutions that can emerge from fostering a culture of innovation. Organised at the ministry’s headquarters in Dubai, MoF’s senior team were part of the session led by global innovation experts. Ministry Assistant Undersecretaries, Directors and the ...

New York / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met a number of US officials participating in the 73rd session of the UN General Assembly in New York. His Highness held meetings with David Hale, Under-Secretary of State for Political Affairs; David Satterfield, Acting Assistant Secretary, Bureau of Near Eastern ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, received Radek Vondracek, Chairman of the Czech Lower House of Parliament, and his accompanying delegation, on Tuesday. Sheikh Mohammed welcomed the official and wished him a successful visit that would pave the way for building up relations between ...