Bloomberg They’re doing much better than the US and Europe. Many hailed Zeti Akhtar Aziz’s 16-year tenure as governor of Malaysia’s central bank as a triumph for gender diversity in Southeast Asia. Turns out it wasn’t such a rarity. Women have become uniquely well represented throughout the region’s central banks, the latest available data show. They account for almost ...
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Dubai Cares marks 10th anniv, honours donors for their support
Dubai / WAM Dubai Cares, part of Mohammed bin Rashid Al Maktoum Global Initiatives, hosted on Wednesday a special ceremony to celebrate the UAE-based global philanthropic organisation’s 10th anniversary and extended its gratitude to the UAE community for its generous support over the past decade. The ceremony, which was attended by Vice President, Prime Minister and Ruler of Dubai, His ...
Read More »White House: Mideast peace may not be 2-state solution
WASHINGTON / AP As Israeli Prime Minister Benjamin Netanyahu visits the White House, the Trump administration has suggested that peace between the Israelis and Palestinians may not come in the form of a two-state solution — a position that could represent a dramatic shift from 20 years of US policy. Speaking to reporters ahead of President Donald Trump’s meeting ...
Read More »UAE, Slovenia seek to boost economic ties
Abu Dhabi /Â WAM Sultan bin Saeed Al Mansouri, the UAE Minister of Economy, and Dr. Milo Cerar, Prime Minister of Slovenia, discussed the promotion of economic ties and strengthening of commercial, investment and tourism co-operation between the two countries. The meeting between the two parties was held on the sidelines of the 5th World Government Summit. The two parties ...
Read More »Union National Bank posts AED1.58bn profit
Abu Dhabi /Â WAM Union National Bank (UNB) reported net profits of AED1.58 billion in 2016 with an operating profit of AED2.35 billion, lower by 13 percent. The operating income for 2016 was AED3.49 billion, a decrease of seven percent compared to 2015, while the net interest income and net income from Islamic financing for 2016 was AED2.6 billion, lower ...
Read More »ENOC launches new products for heavy duty vehicles, machinery
Abu Dhabi /Â WAM Emirates National Oil Company (ENOC) has launched its latest lubricant products; ENOC VULCAN 990X EXLD and ENOC VULCAN 999X ENERGY heavy duty diesel engine oils for heavy vehicles and plant machinery. Designed to enhance engine performance and improve fuel economy, the products will also contribute significant cost-savings for users. The VULCAN products are manufactured based on ...
Read More »Masdar Institute to highlight innovations in defence at IDEX
Abu Dhabi /Â WAM The Masdar Institute of Science and Technology, an independent, research-driven graduate-level university focused on advanced energy and sustainable technologies, on Wednesday announced that it will be displaying five defence-related research innovations at the 13th edition of the International Defence Exhibition and Conference, IDEX, in Abu Dhabi. IDEX will be held from February 19-23 at the Abu ...
Read More »MoE calls for stronger relations between UAE and Kazakhstan
Dubai / Emirates Business Eng. Sultan bin Saeed Al Mansouri, Minister of Economy, called for stronger cooperation between the UAE and Kazakhstan in the areas of information systems, innovation, and smart cities during his meeting with Kazakh Minister of Information and Communications, Dauren Abayev. Their discussions revolved around the creation of joint mechanisms for facilitating cooperation and exchange of ...
Read More »Visit Abu Dhabi mobile app awarded at WGS
Abu Dhabi / Emirates Business Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi) has won top honours at the ‘Best Mobile Government Service Awards’ at the World Government Summit Awards for the new, improved version of its Visit Abu Dhabi mobile application. The latest Visit Abu Dhabi app version, which allows users to gain instant access to all ...
Read More »Abu Dhabi showcases importance of sulphur
Abu Dhabi / Emirates Business The region’s inaugural conference, Middle East Sulphur 2017, organised by CRU, took place this week in the Capital to highlight the rapidly increasing importance of the commodity. The conference, sponsored by Abu Dhabi National Oil Company (ADNOC), ran over four days from the February 12-16 at Jumeirah Hotel Etihad Towers, and offered a full ...
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