Local News

Indonesia envoy: UAE has achieved outstanding development in 5 decades

ABU DHABI / WAM Husin Bagis, Indonesian Ambassador to the UAE, stated that the UAE has achieved outstanding development over the past five decades and has become one of the most advanced countries in the world, due to its distinguished strategic vision based on foreseeing the future. In an interview with the Emirates News Agency (WAM), Bagis noted that the ...

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Covid-19: UAE reports 1,719 new recoveries

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 193,896 additional coronavirus (Covid-19) tests over the past 24 hours, using state-of-the-art medical testing equipment. As part of its intensified testing campaign, MoHAP announced 1,928 new coronavirus cases, bringing the total number of recorded cases in the UAE to 485,675. The ministry also noted that ...

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Abu Dhabi University ranked best for employability in UAE

Abu Dhabi / WAM Abu Dhabi University (ADU) has been ranked the best for employability in the UAE and third in the Arab world, according to the Global Employability Ranking and Survey 2020 (GEURS), a study published by French consultancy Emerging and Times Higher Education. The survey provides unique data and insights into the strategies that could be put in ...

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Central bank names head of UAE financial intelligence unit

Abu Dhabi / WAM The Governor of the central bank of the UAE (CBUAE) has appointed Ali Faisal Ba’Alawi as Head of the UAE Financial Intelligence Unit (FIU). This appointment represents the next step in the implementation of the UAE’s National AML/CFT Strategy and National Action Plan, the programme of reforms designed to strengthen the UAE’s anti-financial crime system following ...

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Sanad closes $55m financing deal with Commercial Bank of Dubai

Abu Dhabi / WAM Sanad Capital, a wholly-owned subsidiary of Mubadala Investment Company and the global aerospace engineering and leasing solutions leader, has closed a $55 million debt financing deal with the Commercial Bank of Dubai, one of the UAE’s leading financial institutions. The first-ever collaboration between Sanad Capital and the Commercial Bank of Dubai will fund the purchase of ...

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Strategic road in Indonesia named after Mohamed bin Zayed

JAKARTA / WAM Joko Widodo, President of Indonesia, ordered the renaming of a major road in Indonesia after His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, in appreciation of His Highness Sheikh Mohamed and the distinguished ties between the UAE and Indonesia. Dr Pratinko, Minister for ...

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UAE ministry urges private sector firms to pay employees on time

Abu Dhabi / WAM The Ministry of Human Resources and Emiratisation has urged private sector companies to pay the wages of their employees on time, under the framework of the national Wage Protection System aimed at ensuring labour stability. This issue is one of the challenges caused by the coronavirus (Covid-19) pandemic, which has negatively affected international labour markets and ...

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UAE launches ‘100 Million Meals’ to help the needy in 20 countries

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has launched ‘100 Million Meals’ campaign to provide food parcels for families and people in need across 20 countries during the Holy Month of Ramadan. Launched as an expansion from last year’s locally-held ’10 Million Meals’ campaign that empowered Covid-19-hit communities ...

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ADFD financed projects worth AED6.5b in Jordan: Al Suwaidi

ABU DHABI / WAM Mohammed Saif Al Suwaidi, Director-General of the Abu Dhabi Fund for Development (ADFD), stated that the fund has helped finance hundreds of development projects in Jordan costing AED6.5 billion, enabling the Jordanian Government to achieve its economic and social priorities and drive the process of sustainable development. In his statement to the Emirates News Agency (WAM) ...

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Sheikh Khalifa pardons 439 prisoners ahead of Ramadan

ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has ordered the release of 439 prisoners serving various sentences in the UAE, ahead of the Holy Month of Ramadan. The President pledged to settle the financial obligations of the released prisoners. The gesture is part of His Highness Sheikh Khalifa’s humanitarian initiatives and reflective of the ...

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