Dubai / WAM Dubai International Financial Centre (DIFC), announced on Tuesday that it is entering a partnership with Startupbootcamp, to support the development of the growing FinTech and venture capital ecosystem in the Centre as well as promote entrepreneurship in the region. With over 1,853 active registered companies and a Fintech community of over 45 firms as well as numerous ...

Abu Dhabi / WAM The Republic of Costa Rica said on Tuesday that it is looking forward to working with the UAE in promoting the importance of renewable energy. The Embassy of the Republic of Costa Rica to the UAE said in a statement on Tuesday, “Costa Rica looks forward to teaming up with countries like the UAE in raising ...

Dubai / WAM The Dubai Electricity and Water Authority (DEWA), launched the ‘Peak Load’ awareness drive to encourage people to limit the use of appliances that use a lot of energy during peak-load hours from 12:00 – 18:00. DEWA’s programmes and initiatives achieved significant savings in electricity and water across all sectors. Between 2009 and 2017, customers saved over 1.677 ...

Abu Dhabi / WAM The UAE Cabinet has adopted a decision to extend the visa of the widowed or divorced women residing in the UAE and their children for one year from the date of the divorce or the death of the spouse, as part of the latest legislative facilitations approved by the Cabinet. The decision grants widows and divorced ...

Abu Dhabi / WAM Dr Jamal Mohammed Al Hosny, Director-General of the National Crisis and Emergency Management Authority (Ncema), said that the UAE is a humanitarian model among leading countries of establishing bridges of rescue and supporting people affected by disasters and wars. In his statement on the approval of the UAE Cabinet of a decision to grant one-year residency ...

Abu Dhabi / WAM HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the Emirates Red Crescent (ERC), affirmed the UAE’s commitment to support refugees, highlight their humanitarian situation and help them overcome their conditions. In his statement for the annual International Day of Refugees on June 20, he said that the UAE, ...

Abu Dhabi / WAM The UAE Central Bank (CBUAE), announced that it has published an Amendment to ‘Annexure 2’ of the ‘Regulations Regarding Bank Loans and Services Offered to Individual Customers (2011)’. The amendment sets out the new maximum limits or ‘fee caps’ for fees or commissions charged on retail customer service. The fee caps apply to banking consumer related ...

Dubai / WAM Dr Hanif Hassan Al Qasim, Chairman of the Geneva Centre for Human Rights Advancement and Global Dialogue, praised the decision of the UAE Cabinet, led by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, to grant one-year residency permits to the citizens of countries facing wars and ...

Abu Dhabi / WAM A delegation led by the Abu Dhabi Convention Bureau (ADCB), will attend The Meetings Show – the premier event for the inbound and outbound meetings and the event industry in the UK in London on June 27-28, to raise awareness of the emirate as a world-class event, incentive and exhibition hub. The Abu Dhabi delegation will ...

Bloomberg ZTE Corp. dived 27 percent after American lawmakers passed a bill to restore severe penalties on China’s second-largest telecoms gear-maker, potentially up-ending a deal struck with President Donald Trump to allow it to get back in business. The company has lost $7.2 billion of market capitalisation in the past week, as its Hong Kong shares slid to their lowest ...