Local News

Aman Insurance reports net profit of AED8.8mn in 2019

Dubai / Emirates Business The General Assembly of Dubai Islamic Insurance & Reinsurance Company (Aman) PJSC lauded the great role played by the UAE visionary leadership, the decisions made by the government and the efforts made by the different competent authorities for fighting the novel coronavirus (Covid-19). The assembly also praised the efforts made by the healthcare providers, civil defence ...

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UAE helps Australian family reunite after 2 months

Dubai / WAM An Australian family residing in Dubai expressed its thanks and gratitude to the UAE for helping to reunite them in Dubai with their son, who was stuck in the Australian city of Sydney for nearly two months. Lindsey Summers, the mother of the child who has been living in Dubai for twenty years, told Emirates News Agency ...

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Etisalat confirms its DPS of 25 fils pertains to Q1

ABU DHABI / WAM The Emirates Telecommunications Group Company PJSC (Etisalat Group) announced that the dividend per share (DPS) of 25 fils announced by the Group in its disclosure dated April 1 pertains to the first quarter of 2020. “The objective of the interim dividend for the first quarter of 2020 is to boost liquidity of shareholders during these circumstances ...

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UAE leadership has welfare of labour at heart: Sheikh Nahyan

ABU DHABI / WAM The UAE leadership spared no effort in ensuring welfare of workers even under the current circumstances, said Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance. In a statement to mark the International Labour Day, Sheikh Nahyan said the UAE leadership has given a priority to the workers’ welfare, adding that the ‘Don’t Worry’ initiative launched ...

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Hypermarkets in UAE see 78% surge in contactless payments

Dubai / Emirates Business Samsung Gulf Electronics is encouraging UAE consumers to switch to safer alternatives such as mobile wallets to minimise potential hygiene issues while making purchases in stores. Samsung Pay, the brand’s mobile payment service, offers customers a convenient way to purchase anything through contactless payments in every corner of the country safely and securely. Mobile wallet transactions ...

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568 UAE factories produce 5.96m tonnes of food yearly

DUBAI / WAM The Emirates Food Security Council, in conjunction with the Ministry of Energy and Industry, has revealed that 568 factories in the UAE produce 5.96 million tonnes of food and beverage (F&B) products annually, with 2.3 million tonnes comprising essential food items. Releasing a statement to highlight the efficiency of the UAE’s food production landscape, the council announced ...

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Covid-19: UAE sends medical aid to B’desh

ABU DHABI / WAM The United Arab Emirates on Thursday sent an aid plane containing seven metric tons of medical supplies to Bangladesh to bolster the country’s efforts to curb the spread of Covid-19. The aid will assist approximately 7,000 medical professionals as they work to combat the virus. Commenting on the aid delivery, Saed Mohammed Al Muhairi, UAE Ambassador ...

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Taqa shareholders approve ADPower deal

ABU DHABI / WAM Shareholders of Abu Dhabi National Energy Company PJSC (Taqa) have voted at the Company’s Annual General Assembly to approve the transfer of the majority of Abu Dhabi Power Corporation’s (ADPower) water and electricity generation, transmission and distribution assets to Taqa, which is owned by ADQ, one of the region’s largest holding companies. This transaction creates one ...

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ERC offers Ramadan Mir to Hadramaut residents in Yemen

HADRAMAUT / WAM The Emirates Red Crescent (ERC) has begun its distribution of Ramadan Mir across various districts of the Hadramaut Governorate, targeting underprivileged families, as part of the UAE’s efforts to support the people of Yemen. The ERC responded via its annual Ramadan Mir campaign, which will see 1,000 meals distributed across Hadramaut daily throughout the Holy Month. Hamid ...

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‘Employee wages must be safeguarded, paid on time’

ABU DHABI / WAM Private-sector employers must commit to ensuring employee wages are safeguarded and paid on time via the Wages Protection System, said the Ministry of Human Resources and Emiratisation (MoHRE). In a statement, the UAE ministry noted that employers must adhere to Ministerial Decree No. 739 of 2016 concerning the protection of wages, as well as employment contracts ...

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