Abu Dhabi / WAM The Abu Dhabi Fund for Development (ADFD), announced on Saturday that it is providing $300 million in development aid to the Hashemite Kingdom of Jordan. The move comes following the directives of President President His Highness Sheikh Khalifa bin Zayed Al Nahyan, with the support of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince ...
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Sheikh Mohammed approves consumer protection law
Abu Dhabi / WAM The UAE Cabinet chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, approved the issuing of a Federal Law on Consumer Protection which comes in light of the government endeavours to achieve the continuous development of the legislation that affects the lives of ...
Read More »Importance of Etihad Rail project highlighted
Fujairah / WAM HH Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, highlighted the importance of the Etihad Rail Project to enhancing the UAE’s position in the road transport sector, as well as of linking the regions and ports around the country through a modern road network, in line with the latest international practices. He ...
Read More »Abu Dhabi government, Aldar agree on land assets exchange
ABU DHABI / WAM The Government of Abu Dhabi and Aldar Properties have agreed on an exchange of land assets in a transaction that will see the redistribution of land resources suitable for development in accordance with both the Abu Dhabi Government and Aldar’s respective strategic priorities. The agreement, implemented by the Abu Dhabi Department of Municipalities and Transport, contributes ...
Read More »IMO 2020 set to boost Fujairah’s bunker industry
Fujairah / WAM A century after the shipping industry moved from coal to oil as its primary energy source, another change on the same scale is now under way – one prompted this time by a change in environmental regulations. The shift could provide a significant boost to the status of the UAE’s East Coast Port of Fujairah as a ...
Read More »500 Uzbek employees take part in UAE workshops
Dubai / WAM The UAE government organised several knowledge sessions and specialist workshops, attended by over 500 government employees from Uzbekistan. The hosting of the sessions is part of the strategic partnership in government modernisation signed by the two countries. The UAE government held workshops and knowledge sessions in Dubai and the Uzbek capital, Tashkent, which included training a high-level ...
Read More »CBUAE, Emirates Foundation to raise financial awareness
Abu Dhabi / WAM The Central Bank of the UAE (CBUAE), signed a Memorandum of Understanding (MoU), with Emirates Foundation to roll out financial literacy programmes through Emirates Foundation’s ‘Esref Sah’ programme, which aims to raise financial awareness among youth and educate them on ways of managing their finances. The MoU was signed by Saif Hadef AlShamsi, Deputy Governor of CBUAE, ...
Read More »Dubai sports sector is witnessing momentum, says Sheikh Hamdan
Dubai / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of Dubai Executive Council, and Chairman of Dubai Sports Council, has said that the emirate pays special attention to its sports sector. This attention, he explained, is reflected in the growing number of local and international competitions and events that Dubai hosts, as ...
Read More »Rakez pioneers eco-friendly developments in Ras Al Khaimah
Ras Al Khaimah / Emirates Business Ras Al Khaimah Economic Zone (Rakez) has become the first entity to support Ras Al Khaimah’s Energy Efficiency and Renewables Strategy 2040. With its upcoming developments, the economic zone has committed to complying with Barjeel, the green building regulations of the emirate, which will soon be mandatory to all building constructions. Currently, Rakez is ...
Read More »Deyaar arm adds 1,800 units to its portfolio
Dubai / Emirates Business Deyaar Owners Association Management (DOAM), a subsidiary of Deyaar Development (Deyaar), one of Dubai’s leading property developers and real estate service providers, announced the addition of 1,849 new units, with a saleable area of 1.7 million square feet, to its portfolio throughout the year, increasing the number of units the company now oversees to more than ...
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