Local News

ABU DHABI / WAM Theodore Ribera, Minister of Foreign Affairs of the Republic of Chile, expressed his thanks and gratitude to the UAE for the aid plane sent to his country as part of the UAE’s efforts to help various countries around the world in containing the spread of Covid-19. This came as the minister received the airplane which carried ...

DUBAI / WAM The Dubai Gold and Commodities Exchange (DGCX) announced that it has received a positive assessment from the European Securities and Markets Authority (Esma) the EU’s securities markets regulator, and is now listed as a third-country trading venue (TCTV) that meets the post-trade transparency requirements under MiFID II and MiFIR. The DGCX met all the criteria set out ...

ABU DHABI / WAM The “Check Points” tests which are held by the Ministry of Education for grades 9-12 in government and private schools that apply the Ministry’s curricula, will start tomorrow in physics, science, chemistry, health sciences, biology and the English language. Students in the ninth, tenth and eleventh grades of “Elite Path” will take the first test tomorrow ...

ABU DHABI / WAM The Abu Dhabi Police has warned families against potential scam targeting children, teenagers and “unsuspecting” adults to illegally take their money through internet games, advertisements and social media forums. The scammers use various deceptive and lucrative methods to take advantage of their victims, posing as legitimate organisations or businesses. The police referred to recent cases, where ...

Dubai / WAM The Commercial Compliance & Consumer Protection (CCCP) sector in Dubai Economy received 1,404 consumer complaints on the e-commerce sector during May, which was 228% higher than the complaints received in the same period last year (428 complaints). Of the total complaints, 94% were submitted through the smart channels of Dubai Economy, with 64% via the ‘Dubai Consumer’ ...

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, stated that ”Our founding father, the late Sheikh Zayed bin Sultan Al Nahyan, laid out a pioneering vision for the UAE, grounded in the values of cooperation, human development and sustainability.” This vision, and ...

ABU DHABI / WAM Mubadala Investment Company, an Abu Dhabi sovereign investor, on Thursday released its 2019 Annual Review, which revealed that the company achieved a total comprehensive income of AED53 billion for the year, compared to AED12.5 billion in 2018, driven by Mubadala’s public equities portfolio and funds, as well as the company’s assets across various sectors. Mubadala concluded ...

Abu Dhabi / WAM Etihad Airways and Aldar Properties have entered into a historic partnership that brings benefits to UAE-based Etihad Guest members and shoppers in the UAE capital, Abu Dhabi. Through this exclusive agreement Etihad Guest members can now earn and spend their Etihad Guest Miles on purchases made with their Visa cards at three malls within Aldar’s retail ...

DUBAI / WAM The UAE, represented by the Telecommunications Regulatory Authority (TRA) chaired the virtual consultation session of the council members of the International Telecommunication Union (ITU) which started on June 9, and lasts for four days. The session discusses the most important measures need to be taken by the ITU to ensure work continuity until the next meeting of ...

DUBAI / WAM DP World has announced the completion of its acquisition of a 51 percent stake in TIS Container Terminal in the Port of Yuzhny, Ukraine. This follows satisfaction of specific conditions including confirmation of regulatory approval from the relevant government authorities. This project will be DP World’s second partnership with TIS shareholders, the first being our very successful ...