Local News

ABU DHABI / WAM First Abu Dhabi Bank (FAB) launched FAB eSign, a new portal that provides a secure, safe and legally valid way for clients to sign documents digitally. Initially available to clients of FAB’s Global Transaction Banking (GTB) division, FAB eSign allows authorised signers to digitally sign documents anywhere and anytime, the bank said in a statement on ...

New York / WAM The UAE reiterated its continued commitment to upholding the rights of children around the world and to the architecture established by the UN Security Council on children and armed conflict. In a written statement submitted to the UN Security Council for its annual open debate on children and armed conflict, the UAE stated, “The Covid-19 pandemic ...

Abu Dhabi / WAM The UAE on Wednesday sent an aid plane carrying 7 metric tons of medical supplies to Jubaland, Somalia to bolster the country’s efforts to curb the spread of Covid-19. This aid will assist approximately 7,000 medical professionals as they work to contain the virus. Commenting on the aid delivery, Mohammed Ahmed Othman Al Hammadi, UAE Ambassador ...

DUBAI / WAM Dubai Chamber of Commerce and Industry has launched its Business Mentoring and Support (BMS) Programme – a CSR initiative designed to help small and medium-sized enterprises (SMEs) in Dubai steer new challenges posed by the Covid-19 pandemic. The programme will see SMEs in Dubai paired with large companies offering professional advice and resources tailored to unique needs, ...

Fujairah / WAM Inventories of oil products at the UAE’s East Coast port of Fujairah have climbed for the first time in three weeks, led by gains in gasoline and other light distillates. Total stockpiles were up 0.3 per cent on the week to 30.218 million barrels as of June 22, after setting a record high of 30.71 million barrels ...

ABU DHABI / WAM Khalifa Fund for Enterprise Development and the social media company Facebook have announced the relaunch of “She Means Business”, an entrepreneurial education programme for women. The programme will support and train 1,300 women entrepreneurs through a series of virtual training sessions, with the overarching aim of equipping participants with a versatile range of skills that will ...

Abu Dhabi / WAM The value of the UAE’s trade in aircraft and spaceships amounted to AED28.2 billion ($7.68 billion) in 2019, reflecting its leading position in these sectors in the Gulf Cooperation Council (GCC) and the Middle East, according to the Federal Competitiveness and Statistics Authority. The aviation sector supports the Emirati economy and its GDP contribution is expected ...

Abu Dhabi / WAM The Abu Dhabi National Oil Company (Adnoc), announced on Tuesday that it has entered into an agreement with some of the world’s leading infrastructure investors and operators, sovereign wealth and pension funds. A consortium of investors comprising Global Infrastructure Partners (GIP); Brookfield Asset Management, Singapore’s sovereign wealth fund GIC; Ontario Teachers’ Pension Plan Board, Ontario Teachers; ...

Abu Dhabi / WAM The UAE Fatwa Council praised the decision of the Ministry of Hajj and Umrah of Saudi Arabia to limit this year’s Hajj pilgrimage to Muslims of various nationalities residing in kingdom, to protect safety and health of people and facilitate the pilgrimage. The council stressed that everyone has to follow instructions of government, highlighting its responsibility ...

Abu Dhabi / WAM Abu Dhabi-based EOS Advanced Technologies on Tuesday unveiled ambitious plans to invest AED200 million in the research and development (R&D) of next generation defence systems for the Middle East and North Africa region throughout the year 2021. During an interview, AbdulRahman Abdullah Al Blooshi, CEO of EOS Advanced Technologies, said, “We are targeting new promising markets ...