Bloomberg To get to Ivanka Trump’s store in Trump Tower, shoppers must first walk past metal barricades and police in body armor toting automatic weapons. Through the revolving doors is another checkpoint, where security employees check your bags. Then, once you’ve made it through, the now famous lobby and its golden elevators appear. In an alcove just to the side ...
Read More »Admin
UAE’s development experience hailed
ABU DHABI / WAM Hu Changsheng, Director-General of the Organisation Department of the Communist Party of China at the Fujian Province, has praised the UAE’s overall advanced social and development experience. Changsheng made this statement during a lecture organised by the Emirates Centre for Strategic Studies and Research (ECSSR) at its headquarters in Abu Dhabi, under the theme, “Promoting the ...
Read More »UAE non-oil foreign trade reaches AED784bn in H1
ABU DHABI / WAM Preliminary statistical data of the Federal Customs Authority (FCA) revealed that the UAE’s general trade volume from January to the end of June 2017 amounted to AED784 billion, compared to AED777.6 billion during the same period of 2016, signalling a one percent growth. The UAE’s general trade volume kept increasing during the first six months of ...
Read More »Abu Dhabi realty sector shows upward trend
ABU DHABI / WAM A total of 1104 buildings have been completed in the Emirate of Abu Dhabi during Q3 2017, a growth of 3.6 percent from 1066 buildings during corresponding period 2016, in a yet a fresh sign reflecting the significant improvement in the realty sector in the emirate, which is considered among the key economic platforms in the ...
Read More »UAE central bank: M2 hits AED1248.8 billion
ABU DHABI / WAM The UAE Central Bank has announced that the Money Supply aggregate M2 increased by 0.4%, from AED1244.1 billion at the end of October 2017 to AED1248.8 billion at the end of November 2017. In a statement, the bank added that the Money Supply aggregate M1 decreased by 0.3%, from AED492 billion at the end of October ...
Read More »UAE launches locally made dual-use unmanned vessel
DUBAI / WAM The UAE-based Al Marakeb Boat Manufacturing Company has revealed the launch of its latest offering, the B7X. The new model, which can be utilised for both manned and unmanned operations, is also being dubbed as the world’s first ever mass produced dual-use USV being made available for commercial purposes. The B7X, along with Al Marakeb’s other models, ...
Read More »Mohamed reviews industry challenges with Senaat Holding
ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Monday received a delegation from Senaat General Holding Corporation and its Group of Companies, and was briefed on the milestones achieved by Senaat over the past period despite the headwinds besetting international markets. ...
Read More »UAE, Japan review ways to boost friendly ties
Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Monday received a telephone call from the Japanese Prime Minister, Shinzo Abe. During the call, the two sides reviewed the friendly ties between the UAE and Japan and ways to strengthen and develop ...
Read More »DEWA, General Electric discuss closer relations
Dubai / WAM Saeed Mohammed Al Tayer, Managing Director and CEO of the Dubai Electricity and Water Authority (DEWA), received a senior delegation from General Electric (GE). The meeting is part of DEWA’s keenness to enhance cooperation with international companies in order to share best practices and developments in the energy sector, particularly in clean and renewable energy The delegation ...
Read More »MBZ Fund to support Jamaican plant research
Abu Dhabi / WAM The Mohamed bin Zayed Species Conservation Fund (MBZ), is to support research into a reassessment of the conservation status of the Mountain Cinnamon, Cinnamodendron corticosum, a flowering plant native to the rainforest of Jamaica, it has been announced. Classified as ‘Vulnerable’ on the Red Data list of the International Union for the Conservation of Nature (IUCN), ...
Read More »