DUBAI / WAM The UAE is one of the top 10 highest-ranking countries in the world with regards to community innovation, revealed the Global Community Innovation Survey, adding that five per cent of the country’s population are innovators. The results were made public at the Community Innovation panel discussion, organised recently by the Mohammed bin Rashid Centre for Government Innovation …
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AJMAN / WAM As part of its emphasis to invigorate foreign economic cooperation, the Ajman Chamber of Commerce and Industry (ACCI) received Husin Bagis, Ambassador of Indonesia to the UAE, to discuss and enhance economic relations between the two sides. Accompanied by Hiro Surso Sodrajad, Counselor at the Embassy of Indonesia, the ambassador was received by Salem Al Suwaidi, Director-General …
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DUBAI / WAM Dubai Customs represented by the Passenger Operations Department at Dubai’s airports has signed a service level agreement (SLA) with Emirates Airlines. The purpose of the SLA is to ensure higher standard of performance, maintain a safe and secure environment for customers and staff, and provide high quality service for the carrier and customers. The agreement was signed …
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ABU DHABI / WAM The Abu Dhabi Systems and Information Center (ADSIC) and the Telecommunications Regulatory Authority (TRA) signed a Government Data Exchange MoU, with the aim of benefiting from government services in Abu Dhabi through the Abu Dhabi Enterprise Service Bus platform. The agreement was signed by Rashid Lahij Al Mansouri, Director General of ADSIC and Hamad Obaid Al …
Read More »DUBAI / WAM The Board of Executive Directors of Roads & Transport Authority (RTA) chaired by Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors has endorsed quick solutions at more than 5 congested traffic spots in Dubai. Improvement works in these hotspots are expected to be completed by the first quarter of 2018. “These traffic solutions …
Read More »ABU DHABI / WAM The Abu Dhabi General Services Company, Musanada, has revealed that it has completed the emergency department renovation and expansion project at Al Rahba Hospital, to be eventually be handed over to Abu Dhabi Health Services Company, Seha, during the third quarter of 2017. This forms part of Musanada’s efforts to deliver projects that will achieve the …
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ABU DHABI / WAM The total trading value of foreign investments in Abu Dhabi Securities Exchange (ADX) hit AED26.9 billion during H1, 2017, accounting for 47.3 percent of ADX total trading during the same period, which amounted to around AED56.5 billion, reflecting foreign investors’ growing confidence in the country’s economy. Foreign non-Arab investors topped the list with AED15.9 billion of …
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ABU DHABI / Agencies First Abu Dhabi Bank (FAB), created by a merger of National Bank of Abu Dhabi (NBAD) and First Gulf Bank (FGB) on Wednesday reported a net profit of AED2.56 billion for the second quarter. This is the first combined results of Abu Dhabi’s two biggest banks, FGB and NBAD, after their merger in April to create …
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BLOOMBERG Abu Dhabi Ports is considering an initial public offering (IPO), joining a growing list of state entities in the United Arab Emirates seeking to sell shares, according to people familiar with the matter. The government-run ports operator has met investment banks in recent weeks and may decide on financial advisers soon, the people said, asking not to be identified …
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ABU DHABI / WAM Notifying the customers and the market of the actual changes to the lifting schedule provides transparency and credibility of oil production cut compliance, Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy has stated. The minister made the statements on his Twitter on Wednesday, expressing hope that Abu Dhabi National Oil Company’s (ADNOC) decision to cut …
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