Abu Dhabi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan issued a number of Federal Decrees on the establishment of state embassies in the republics of Costa Rica and Mali and the appointment and transfer of a number of ambassadors and members of the diplomatic corps. The Decrees were published in the latest issue of the Official ...

Abu Dhabi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan issued Federal Law No. 04 of 2018 concerning the organisation of, and care for mosques. The provisions of the Law – published in the latest issue of the Official Gazette – apply to mosques, public and private prayer spaces and Eid Mussalas in the country. According to ...

Dubai / WAM Expo 2020 Dubai’s new World Majlis series is bringing together change-makers and aspiring leaders from around the globe to stimulate a powerful dialogue on how we can create a legacy of meaningful impact that reflects the World Expo’s theme of ‘Connecting minds, Creating the Future’. The World Majlis session, held at Manarat Al Saadiyat in Abu Dhabi, ...

Dubai / WAM Essa Kazim, Governor of Dubai International Financial Centre (DIFC), and Arif Amiri, Chief Executive Officer of DIFC Authority, received a senior delegation from China, led by Qian Keming, Vice Minister of Commerce. The meeting focused on the growing importance of DIFC’s longstanding relationship with Chinese institutions, and areas of collaboration that can support the One Belt, One ...

Dubai / WAM Emirates NBD on Wednesday announced that it has joined the rapidly growing community of members on CCRManager, a fintech platform supporting the origination and distribution of trade assets. The announcement is aligned with Emirates NBD’s digital strategy as the bank continues to lead innovation in digital banking in the region and actively participate in the fintech ecosystem. ...

Dubai / WAM A delegation representing the Ministry of Planning, Follow-up and Administrative Reformation, Egypt, visited on Wednesday the headquarters of the UAE Federal Competitiveness and Statistics Authority, FCSA, Dubai, as part of the strategic partnership between the two to enhance the government performance in Egypt. The partnership between the two covers areas of excellent performance, government capabilities and accelerators, ...

Dubai / WAM The Dubai Financial Services Authority (DFSA), on Wednesday announced the expansion of its Innovation Testing Licence (ITL), programme in response to continued interest in FinTech and the digital economy. The ITL programme enables firms to test innovations in financial technology, FinTech, in or from the Dubai International Financial Centre (DIFC). Six companies will form a new Cohort (Cohort 1) ...

Bloomberg The International Energy Agency cut forecasts for global oil demand growth in 2018 as the highest prices in three years put a brake on consumption. “The recent jump in oil prices will take its toll,” said the Paris-based agency, which advises most major economies on energy policy. Crude has climbed 17 percent this year, trading near $78 a barrel ...

Bloomberg Repsol SA will no longer seek growth for its oil and gas business in preparation for the global transition to cleaner energy, according to a person familiar with the matter. The Spanish energy company is the first of its peers to make such a move. It illustrates how the industry’s strategic decisions are starting to be influenced by emissions ...

Bloomberg Green investing in the UK fell 56 percent last year, sparking concerns in Parliament that the nation will not maintain its lead in clean energy or meet climate targets after leaving the European Union. “Billions of pounds of investment is needed in clean energy, transport, heating and industry to meet our carbon targets,” said Mary Creagh, a member of ...