Local News

ADIB unveils world’s first Islamic digital bank for 8-18 year olds

Abu Dhabi / WAM Abu Dhabi Islamic Bank (ADIB) on Monday officially unveiled “Amwali” digital bank, the world’s first Islamic digital bank targeting youth between the age of 8 to 18. Co-created with the Founders Club, a cohort of Emirati youth and their parents, the all-in-one banking solution is designed to empower young customers with a dedicated digital banking experience, ...

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UAE, Kuwait discuss ways to boost ties

KUWAIT / WAM Dr Matar Hamed Al Neyadi, UAE Ambassador to Kuwait, met Kuwait’s Minister of Health, Dr Basel Hamoud Al-Hamad Al-Sabah, at his office in the Ministry. Al Neyadi highlighted the UAE’s keenness to boost joint cooperation and strengthen relations between the two brotherly countries to achieve the aspirations of the two countries’ leadership and peoples. For his part, ...

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Emirates, Cemair sign interline deal

Dubai / WAM Emirates has signed an interline agreement with CemAir that opens up connections to six more destinations in South Africa through the airline’s gateways of Johannesburg and Cape Town. The partnership also includes a couple of leisure points exclusively served by CemAir. This marks the first partnership between both airlines, and Emirates’ fourth airline partnership in South Africa. ...

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India’s textiles industry attracts UAE investments

Abu Dhabi / WAM The UAE is emerging as a growing investor in India’s textiles sector even as India steps up its efforts to quadruple the exports of handloom textiles in the next three years. The Ministry of Textiles here on Sunday set up a high-level, eight-member, experts’ committee to double the production of handlooms and boost exports. The committee ...

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Abu Dhabi launches 22 new industrial facilities with AED286.4m investments

Abu Dhabi / WAM The Abu Dhabi Department of Economic Development and the Industrial Development Bureau (IDB) has revealed the success of the Basic Industrial Project by introducing new 22 industrials licenses in the first year of the project. These licenses include the medical, food and electrical sectors with a total investment of AED286.4 million. Mohamed Ali Al Shorafa, Chairman ...

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MSCI upgrades ADCB’s ESG rating to ‘AA’

Abu Dhabi / WAM Abu Dhabi Commercial Bank PJSC (ADCB) received an upgrade in its MSCI ESG rating to ‘AA’ from ‘A’ driven by “leading digital transformation initiatives” to support small businesses as well as its robust customer data protection and information security practices. Following the upgrade, ADCB is now ranked by MSCI as a global “leader” and in the ...

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FNC, PAM discuss parliamentary ties

Abu Dhabi / WAM Members of the UAE Parliamentary Division of the Federal National Council (FNC) met virtually with Gennaro Migliore, Chair of the Parliamentary Assembly of the Mediterranean (PAM), to discuss means of bilateral cooperation and coordination at the regional and international parliamentary levels. Present at the meeting were FNC members Maryam Majid bin Theneya, Chairwoman of the division’s ...

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Dubai Municipality wins RoSPA award from UK

DUBAI / WAM Dubai Municipality has won the UK Royal Society for the Prevention of Accident (RoSPA) award. The Municipality won the “RoSPA Inspiration Award” in the category of Health and Safety Team of the Year 2021 – Middle East for the Mini-Crisis Cell Working Group System to Limit the Spread of Covid-19. The award contributed to strengthening Dubai Municipality’s ...

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Afghan crisis: Joe Biden thanks UAE for facilitating evacuations

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, received a phone call from President Joe Biden of the United States of America, during which President Biden thanked the UAE and its leadership for their support in helping evacuate American diplomats and nationals ...

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