Local News

100-year old Al-Sarh tree discovered in Abu Dhabi

Abu Dhabi / WAM Studies by the Environment Agency – Abu Dhabi (EAD) have identified a single example of a species of tree not previously recorded in the Emirate, it was announced on Monday. It is believed by local inhabitants to be over 100 years old. The tree, known locally as Al-Sarh, is a member of the caper family, with ...

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UAE denies false reports about closure of malls

ABU DHABI / WAM The National Emergency, Crisis and Disasters Management Authority denies the false information circulated on social media sites regarding the closing of shopping mall and commercial centres in the country for a renewable period of two weeks, and obliging restaurants to provide delivery services only. The authority has stressed the importance of obtaining news from the official ...

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President approves new structure of UAE government

Abu Dhabi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan approved the new structure of the UAE Government. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, after consultations with His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander ...

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ADIB records surge in demand for digital banking services in H1

Abu Dhabi / Emirates Business Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has recorded high levels of digital adoption across its retail and corporate banking services in the first half of 2020. Nearly 60% of ADIB’s retail customers have used digital channels, registering more than 2 million transactions every month as customers conduct a wide range of banking ...

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Dubai Chamber joins hands with Dafza to connect digital services

Dubai / WAM Dubai’s ease of doing business is expected to improve further following the Dubai Chamber of Commerce and Industry’s announcement that it is cooperating with the Dubai Airport Freezone Authority (Dafza) to connect the digital services of both organisations. Under the terms of the new partnership, companies can register as Dubai Chamber members, or renew their existing membership, ...

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Ajman Chamber launches its new website

AJMAN / WAM In a new look, Abdullah Al Muwaiji, Chairman of Ajman Chamber of Commerce and Industry, launched the website of the Chamber during a virtual meeting joined by members of the Board of Directors. The step comes within the endeavors of the Ajman Chamber to improve its electronic and smart services and to motivate its members and customers ...

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DFM all set to reopen its trading floor tomorrow

Dubai / WAM The Dubai Financial Market (DFM) on Sunday announced that it is reopening its Trading Floor and Customer Affairs counters for investors as of Tuesday, July 7, with the strict implementation of precautionary measures for the safety of clients and employees. The DFM Trading Floor and Customer Affairs counters were temporarily closed mid-March. The DFM has maintained its ...

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TRA foils over 100,000 cyber-attacks in June

DUBAI / WAM The National Computer Emergency Response Team (aeCERT) of the Telecommunications Regulatory Authority (TRA) responded to approximately 103,408 cyber-attacks, during the month of June. The TRA revealed that its monthly report on cybersecurity developments in the Federal Government of the UAE for the month of June showed that the cyber-attacks varied between malware (73 percent), vulnerabilities (15 percent) ...

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Abu Dhabi’s Taqa credit ratings upgraded by Moody’s and Fitch

Abu Dhabi / WAM Abu Dhabi National Energy Company (Taqa) announced on Sunday that international credit rating agencies Moody’s Investors Service and Fitch Ratings have upgraded its final issuer ratings by three notches to Aa3 from A3 and by two notches to AA- from A, respectively. According to a press release issued by Taqa on Sunday, the ratings represent fourth ...

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Covid-19: RTA holds 36,000 remote meetings

Dubai / WAM Mattar Mohammed Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA), confirmed that RTA’s efforts to upgrade the technological infrastructure and transformation of all customer services to smart services enabled it to continue business normally during the Covid-19 crisis. He added that RTA was able to perform thanks to ...

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