Local News

DUBAI / WAM Emirates Institute for Banking and Financial Studies (EIBFS) shared its expertise in banking and financial studies and best practices in refining banking professionals’ skills with a delegation of senior officials from several banking institutes in Nepal. The delegation comprised of top banking executives from the Merchant (Investment) Banking of Nepal including the president of the Merchant Bankers’ ...

Sharjah / WAM The Sharjah Social Services Department (SSSD) announced that 94 beneficiaries have enrolled in the “Tamkeen” programme since its launch in 2020. The programme targets the employment of low-income beneficiaries below 45 years of age, who can work with Sharjah government institutions, private entities and the civil sector, to enhance and develop the capabilities and skills of the ...

  DUBAI / Gulf Time The Dubai Financial Services Authority (DFSA) signed a memorandum of understanding (MoU) with the central bank of the Republic of Mauritius (Bank of Mauritius), to cooperate and assist each other in the performance of their respective regulatory functions and to facilitate the exchange of knowledge on technologically enabled financial innovation. The MoU was signed by ...

  DUBAI / Gulf Time Dubai Future Foundation (DFF) has announced the launch of a new, first-of-its-kind initiative in the region to encourage and support tech start-ups to participate in a special challenge to utilise the latest technologies and innovations and contribute to the development of a quality and innovative experience for luxury brand customers. The challenge is part of ...

  Dubai / WAM Roads and Transport Authority (RTA) has served 37.3 million users during Expo 2020 Dubai, which constitutes 67 percent to the total usage of transport services at Expo, Mattar Al Tayer, Director-General, Chairman of the Board of Executive Directors of RTA, revealed. The number of riders carried out by public transport modes (Dubai Metro, public buses), taxis ...

  Dubai / WAM Around 76.5% companies registered growth in their businesses during Expo 2020, while 73.5% managed to build new business relations during the world’s greatest show, according to a report commissioned by Dubai Chamber of Commerce. In terms of services provided by Dubai Chamber during the event, 70.6% of respondents to the survey conducted as part of the ...

  Abu Dhabi / WAM The United Arab Emirates has sent a fifth plane carrying 30 metric tonnes of medical and relief supplies to Ukraine. This comes as part of providing urgent relief support to impacted civilians in Ukraine, and is in response to international humanitarian appeal to support those who are displaced in Ukraine and the four million refugees ...

  Abu Dhabi / WAM Emirates Development Bank (EDB) has announced record growth over the past 12 months. The results, which were presented at the first EDB Board meeting of 2022, underline the success of the bank’s new strategy, which was launched in March 2021 to support UAE’s industrial development, accelerate the adoption of advanced technologies, and empower the growth ...

  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, has ordered the disbursement of AED340 million to recipients of social assistance across the country, on the occasion of the Holy Month of Ramadan. This amount will be disbursed in addition to the ...

  DUBAI / WAM Dubai Customs received a senior Kuwaiti delegation, headed by Abdulkarim Taqi, Director-General, Public Authority for Industry (PAI). Mansoor Al-Malik, Executive-Director for Policies and Legislation Division at Dubai Customs received the Kuwaiti delegation. The meeting was attended by a number of officials from Dubai Customs and Kuwaiti businessmen and traders. Al-Malik briefed the delegation on the latest ...