Local News

  Dubai / WAM The Bloomberg UAE Capital Markets Forum 2022 opened in Dubai, with the participation of local and international government and business leaders discussing the UAE’s global growth outlook, IPO boom and road to net zero. The forum’s three panel discussions assessed the economic impact of the UAE’s expanding trade relationships with fast-growth Asian and African economies, the ...

  ABU DHABI / WAM The Department of Community Development (DCD) in Abu Dhabi has launched Wyakom, an online platform, that empowers community members to address pressing social challenges. In partnership with Al Tawajud Al Baladi, the first phase of this pilot will focus on the Khalifa City community. The platform will invite residents to identify solutions to specific social ...

  ABU DHABI / WAM Around 7,035,000 people have benefited from the Emirates Red Crescent (ERC) Ramadan programmes in six Yemeni governorates, including Shabwa, Hadhramaut, Taiz, Hodeidah, Aden and Socotra, according to an ERC statement. Some 6,870,000 people benefited from the Ramadan Mir and Iftar project, while 165,000 people benefited from the Eid clothing initiatives. The programmes are in implementation ...

  Dubai / WAM The UAE’s National Association of Freight and Logistics (Nafl) has extended its support to the Federation of Freight Forwarders Associations in India for hosting the 3rd edition of Logix India a month after both countries signed the Comprehensive Economic Partnership Agreement (Cepa) to boost their merchandise trade to $100 billion over the coming five years. The ...

  MOSCOW / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met on Thursday with Sergey Lavrov, Minister of Foreign Affairs of the Russian Federation, in Moscow. They discussed cooperation between the two countries and ways to enhance the bilateral strategic partnership in various fields. They exchanged views on key developments and ...

ABU DHABI / WAM Abu Dhabi National Oil Company (Adnoc) announced on Thursday the award of framework agreements valued at $658 million (AED2.4 billion) for cementing services as it continues to invest and enable drilling growth and expand its crude oil production capacity. The framework agreements were awarded to Haliburton Worldwide Limited Abu Dhabi (Halliburton), Baker Middle East (Baker), Emirates ...

  ABU DHABI / WAM The United Arab Emirates has welcomed the decision by the Council of the European Union to amend Regulation (EU) No 1352/2014, thereby adopting the arms embargo adopted by the United Nations (UN), which all UN Member States are required to implement under the UN Charter. The European Council decision cites the text of the UN ...

  Abu Dhabi / WAM Emirates Steel recorded a nearly 50% increase over the past two years in the number of its export markets in Europe, America, Asia, and the Middle East and North Africa. The expansion of Emirates Steel’s export footprint to 56 countries in 2021 compared to 38 in 2019 is part of the company’s strategy to diversify ...

  DUBAI / WAM The UAE Ministry of Energy and Infrastructure and the Ministry of Transportation and Telecommunications of Bahrain discussed ways of strengthening their cooperation in land and maritime transportation. The discussion took place during their first meeting to monitor the progress of the land and maritime transport cooperation and the implementation of a memorandum of understanding (MoU) signed ...

  ABU DHABI / WAM Building on the success of the Atmah project, the region’s first Social Impact Bonds, the Authority of Social Contribution (Ma’an) announced an AED4 million investment by Aldar to be allocated to two Social Contracting projects. The new social investment contributions include AED2.7 million for family counselling services project by the Abu Dhabi Early Childhood Authority; ...