Local News

Pakistani PM opens UAE-funded Sheikh Mohamed bin Zayed Road

ISLAMABAD / WAM Pakistani Prime Minister Imran Khan has inaugurated the Sheikh Mohamed bin Zayed Al Nahyan Road, a 42 km road in the Mohmand district of Khyber Pakhtunkhwa. The project was implemented by the UAE Pakistan Assistance Programme (UAE-PAP) and financed by the Abu Dhabi Fund for Development, at a cost of $29.12 million. The opening of the road ...

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SCCI, Romania to enhance cooperation

SHARJAH / WAM The Sharjah Chamber of Commerce & Industry (SCCI) received a Romanian delegation as part of the efforts to enhance the bilateral economic relations, boost trade exchange, develop relations between business communities in both countries, and examine possibility of holding joint economic activities to introduce investment opportunities available on both sides. The meeting was attended by Abdullah Sultan ...

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Mohammed launches Emirates Lunar Mission

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced the launch of the Emirates Lunar Mission, the first Emirati and Arab mission to explore the moon. The mission supports the UAE’s efforts to enhance the region’s space industry and contribute to its future built by ...

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Khalifa Fund launches digital assessment program for SMEs

Abu Dhabi / WAM Khalifa Fund for Enterprise Development has officially launched the ‘SME Rating’, a digital classification system that provides a comprehensive overview of the logistics, operations and overall performance of SMEs. The SME Rating measures the SMEs through a key set of financial and operational evaluation criteria including financial and productivity management, business sustainability and human resources. The ...

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Employed persons in UAE account for 97.8% of working-age population

Abu Dhabi / WAM The number of employed persons in the UAE accounted for 97.8 percent of the country’s working age population by the end of 2019, figures by the Federal Ccompetitiveness and Statistics Authority (FCSA) have shown, indicating that the majority of the total population are engaged in economically productive activities. The number of workforce was 7.388 million in ...

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New Sanad, Etihad deal expands $900mn-plus partnership

ABU DHABI / WAM Sanad, an industry leader in aerospace engineering and leasing solutions, and Etihad Airways, the UAE’s national carrier, have closed a new spare engine deal which further cements Abu Dhabi’s position as a self-sustaining international aviation sector hub. The announcement of the new deal came during the Global Aerospace Summit in Abu Dhabi, where industry leaders convened ...

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VP launches project to shape UAE’s next 50 years

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, launched ‘Designing the Next 50’ project to involve the public in shaping the future of the UAE. The project will bring together all members of the society to establish the pillars and components of the UAE Centennial ...

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Sanad signs AED1 billion MRO deal with Pratt & Whitney, IAE

Abu Dhabi / WAM Sanad, a wholly-owned subsidiary of Mubadala Investment Company (Mubadala) announced today a new AED1 billion deal with Pratt & Whitney and International Aero Engines (IAE). The new agreement will see Sanad Aerotech providing IAE with expanded maintenance, repair and overhaul (MRO) services for its V2500 engines, which powers the Airbus A320 family of aircraft. The announcement ...

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UAE successfully launches mini satellite into space

Abu Dhabi / WAM The UAE’s MeznSat, a national project in partnership between UAE Space Agency, American University of Ras Al Khaimah (Aurak), and Khalifa University (KU) lifted off aboard a Soyuz-2b rocket from the Plesetsk Cosmodrome in Russia. MeznSat aims to enrich scientific research and organise space-related activities while studying the greenhouse gas and red tide phenomenon in the ...

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Beit Al Khair spends AED6m to treat patients

Dubai / WAM The Beit Al Khair Society spent over AED6 million on the treatment of patients at the end of September 2020, as part of the “Elaj Project.” The project is one of the society’s key community initiatives that aim to help low income people without medical insurance, benefitting 446 individuals. Abdeen Taher Al Awadhi, Director-General of the Society, ...

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