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Ministry issues statement on UAE efforts in Yemeni Socotra

ABU DHABI / WAM The UAE Ministry of Foreign Affairs and International Cooperation (MoFAIC) has expressed surprise over the statement issued in the name of Yemeni Prime Minister Ahmed bin Dagher and published on his official social media account where he is attacking the UAE in a manner that goes counter to reason and realities on ground and does not do ...

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Dubai Holding to launch region’s first digital bank

DUBAI / WAM Dubai Holding has announced that it will invest up to AED1 billion over the next five years to launch a next-generation digital bank for the UAE, with plans to expand services across the Middle East and North Africa region. The announcement is in line with the UAE’s goal of becoming a cashless digital economy, guided by the ...

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Scores of Houthi militias surrender in Yemen

YEMEN / WAM Brigades al-‘Amalaqah (Arabic for Giants) are continuing their advances across Yemen’s Red Sea Coast, gaining control over the mountainous areas located on the entries towards the strategic city of Al Barh, west of Taiz, after liberating Mocha and Al Wazi’ya junctions in yet a new heavy military blow, supported by the UAE Armed Forces and Yemeni National ...

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RTA, Australian firm to bolster cooperation in public transport

Dubai / WAM Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA), and Jackie Trad, MP, Deputy Premier, Treasurer for Aboriginal and Torres Strait of the State of Queensland, Australia, have witnessed the signing of a Memorandum of Understanding (MoU), between the RTA and the Transit Australia Group one of ...

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Union Coop slashes prices of 15,000 products

DUBAI / WAM Union Coop has announced price reductions up-to 75 percent on more than 15,000 products, with a budget of AED75 million allocated towards several Ramadan promotions. The announcement was made in a press conference on Monday, in the presence of Khalid Humaid bin Diban Al Falasi, CEO of Union Coop, Ahmad Hassan Alzaabi, Director of Consumer Protection Department ...

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Sharjah to highlight emirate’s growing business potential to Dutch investors

SHARJAH / WAM A high-level trade delegation from Sharjah, representing its government’s key investment and business entities, will travel to Amsterdam and Rotterdam in the Netherlands on a two-day trade mission to introduce Dutch investors to new business opportunities in a variety of sectors including logistics, tourism, environment, healthcare, education, media and digital productions, and offer them keen industry insights ...

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35 Chinese publishers explore investment opportunities at SPC

Sharjah / Emirates Business Thirty-five Chinese publishing houses have visited Sharjah Publishing City (SPC), the world’s first free zone dedicated exclusively to the publishing industry, to explore investment opportunities and view the facilities on offer to organisations looking to either expand or enter into the regional market. The delegation was briefed about the free zone’s industry-specific services and amenities by ...

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World’s largest aviation event opens in Dubai

Dubai / WAM His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority, Chief Executive of Emirates Group, Chairman of Dubai Airports and Patron of Airport Show, on Monday opened the 18th edition of the Airport Show in Dubai. Opening the world’s largest annual aviation event, Sheikh Ahmed said that the contribution of the aviation sector ...

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Mohammed issues decree to establish new subsidiaries of DHA

Dubai / WAM In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President and Prime Minister, has issued Decree No. 17 of 2018 establishing subsidiaries of the Dubai Health Authority (DHA). The new DHA subsidiaries established under the Decree are Dubai Healthcare Corporation and Dubai Health Insurance Corporation. The subsidiaries will ...

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DP World signs deal to develop inland container depot in Egypt

Dubai / WAM A Memorandum of Understanding (MoU) agreed by DP World, Egypt’s Holding Company for Maritime and Land Transport and the Suez Canal Authority is aiming to develop a new Inland Container Depot (ICD) in Egypt’s 6th of October City, a satellite town in the Giza Governorate and part of the urban area of Cairo. The three partners will ...

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