Cairo / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces and President of Egypt Abdel Fattah el-Sisi, discussed the fraternal relations between the two countries and ways to enhance them as well as the overall regional and international issues of mutual interest. This came when ...
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Sharjah posts 102% surge in FDI
Sharjah / WAM The Sharjah FDI Office, Invest in Sharjah, the investment promotion arm of the Sharjah government has unveiled that the emirate’s performance in attracting foreign direct investment (FDI), in various economic sectors, which has seen a sharp increase of 102 percent between 2016 and 2017, with FDI inflows worth AED5.97 billion last year as compared to AED920 million ...
Read More »Sheikha Fatima hails first ‘equal wages law’
Abu Dhabi / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation, has welcomed the UAE Cabinet’s new Law on Equal Wages and Salaries for Men and Women to ensure that women have equal opportunities as partners in UAE’s development. ...
Read More »Founder’s Memorial set to open on April 22
Abu Dhabi / WAM The Founder’s Memorial, a permanent national tribute commemorating the late Sheikh Zayed bin Sultan Al Nahyan, is set to welcome the public from Sunday, April 22. Established to celebrate Sheikh Zayed’s visionary leadership and vast influence on his country and the wider world, The Founder’s Memorial invites visitors to embark on a journey of discovery into ...
Read More »AxiTrader launches new Dubai operation
DUBAI / Emirates Business Global FX broker AxiTrader announced the official opening of a new office in Dubai. Regulated by the DFSA (Dubai Financial Services Authority) and fully staffed by a dedicated local team, the company is well positioned to continue its strong recent growth in the Middle East region. The launch of this latest operation, based in the Dubai ...
Read More »DoT helps ‘determined ones’ to sell their products at its bazaar
Abu Dhabi / WAM The Department of Transport (DoT), in Abu Dhabi has organised the ‘Unique Creations Bazaar’ in collaboration with Zayed Higher Organisation for Humanitarian Care and Special Needs, Enable Enterprise, Ministry of Community Development and Sharjah City for Humanitarian Services. The bazaar offered products made by the Determined Ones (people with disability) and provided them an opportunity to ...
Read More »UAE condemns Somalia for seizure of private jet, funds
Abu Dhabi / WAM The UAE has condemned the seizure of its civilian aircraft carrying millions of dollars by authorities in Somalia on Sunday. In a statement, the Ministry of Foreign Affairs and International Cooperation, said that the jet was seized at Mogadishu airport carrying $9.6 million in cash allocated to support the Somali army and trainees. The ministry added ...
Read More »Abu Dhabi FDI up 7.1%
ABU DHABI / WAM AED108 billion is the volume of foreign direct investment in Abu Dhabi for the year 2017, a growth of 7.1% over 2016, according to the Statistics Center — Abu Dhabi. In its annual report issued in coordination with the Department of Economic Development (DED) on the estimates of FDI in the Emirate of Abu Dhabi in ...
Read More »Dubai launches first AI-based consumer protection service
DUBAI / WAM The Commercial Compliance & Consumer Protection (CCCP) sector Department of Economic Development (DED) Dubai, has launched on Tuesday ’Smart Protection’ service, first of its kind in the world, which adopts artificial intelligence (AI) to respond quickly and efficiently to consumer queries and resolve their complaints. The service engages consumers in a direct dialogue to understand the query ...
Read More »Aramco, Total ink $5bn deal to build petchem facility
Reuters French oil and gas major Total on Tuesday signed a $5 billion dealwith Saudi Aramco to build a giant petrochemical complex at their 440,000 barrels-per-day Jubail Satorp refinery. Saudi Aramco holds a 62.5 percent stake in the refinery, while Total holds the other 37.5 percent. The memorandum of understanding (MoU) was signed on the sidelines of a visit by ...
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