Dubai / WAM The 2021 edition of the Arabian Travel Market will see Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) pull out all stops to ensure that the destination remains in the global spotlight with unique events, projects and initiatives designed to further accelerate tourism momentum in this landmark year for Dubai. Over 70 representatives from government bodies, ...
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UAE sends aid plane to Sierra Leone
Abu Dhabi / WAM The UAE sent a plane carrying 50 metric tons of food supplies to the Republic of Sierra Leone as part of its initiatives during the holy month of Ramadan. Sultan Ali Al Harbi, UAE Ambassador to Senegal and Non-Resident Ambassador to Sierra Leone, said: “The UAE is committed to helping brotherly and friendly countries in all ...
Read More »UAE calls for addressing gaps in access to science and technology at UN
NEW YORK / WAM The United Arab Emirates (UAE) has urged the international community to close the gap on access to science and technology to improve lives across the world. “Science and technology have played a significant role in the last year,” Sarah Al Amiri, Minister of State for Advanced Technologies, said via a video statement at the UN’s sixth ...
Read More »Taqdeer Award to launch excellence cards for labour sector on May 17
DUBAI / WAM Under the patronage of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, organisers of the Taqdeer Award announced that it will be launching and activating the Excellence Cards for the labour sector, a new initiative that forms part of the emirate’s efforts to enhance the welfare ...
Read More »Dafza’s non-oil foreign trade exceeds AED119bn in 2020
Dubai / Emirates Business Dubai Airport Freezone Authority (Dafza) has announced that its foreign non-oil trade reached more than AED119 billion in 2020. The free zone contributed 10% to Dubai’s non-oil foreign trade and 25% to the total trade in free zones in the emirate of Dubai. This affirms the free zone’s capability in overcoming the challenges and consequences of ...
Read More »CBUAE-Swift deal to boost cross-border payments
Abu Dhabi / WAM The central bank of the UAE (CBUAE) has announced that it has been working with SWIFT on an initiative to further enhance the speed and transparency of cross-border payments. The CBUAE will be the first central bank globally to implement such an initiative. The integration between the CBUAE’s domestic UAE Funds Transfer System (UAEFTS) and SWIFT’s ...
Read More »UAE sends 50 metric tons of food supplies to Mali
Abu Dhabi / WAM The UAE on Wednesday sent a plane carrying 50 metric tons of food supplies to the Republic of Mali as part of its initiatives during the Holy Month of Ramadan. “The UAE always seeks to provide all possible support to all brotherly and friendly countries in circumstances that require international solidarity and cooperation, especially during the ...
Read More »UAE central bank, SWIFT collaborate to enhance cross-border payments
ABU DHABI / WAM The central bank of the UAE (CBUAE) has announced that it has been working with SWIFT on an initiative to further enhance the speed and transparency of cross-border payments. The CBUAE will be the first central bank globally to implement such an initiative. The integration between the CBUAE’s domestic UAE Funds Transfer System (UAEFTS) and SWIFT’s ...
Read More »DGCX sees INR quanto, silver future contracts surge in April
Dubai / WAM During the month of April, the Dubai Gold and Commodities Exchange (DGCX) registered a monthly Average Open Interest (AOI) of 179,554 contracts. The DGCX’s Indian Rupee Quanto Futures Contract recorded a year-on-year (Y-O-Y) Average Daily Volume (ADV) growth of 562% during the month, as market participants looked to hedge their risk amid market volatility. Additionally, the DGCX’s ...
Read More »Supporting armed forces a strategic priority: President
Abu Dhabi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has said that supporting and advancing the UAE Armed Forces and defence industries will remain a strategic priority. In a statement to mark the 45th anniversary of the Armed Forces Unification Day, carried by the ‘Nation Shield’ journal, His Highness Sheikh Khalifa bin Zayed paid tribute to ...
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