Local News

ABU DHABI / WAM The Abu Dhabi Early Childhood Authority (ECA) has issued guidance manual regulating the formulation of early childhood-related polices by the government departments and entities in Abu Dhabi. The move comes within ECA’s efforts to create an integrated high-quality early childhood development system in the Emirate of Abu Dhabi, and to set out a sustainable plan to ...

ABU DHABI / WAM First Abu Dhabi Bank (FAB) has partnered with the Ministry of Education to support its distance learning platform. The bank will provide laptops worth AED 5 million to students in the UAE, in line with FAB’s commitment to support the communities in which it operates and to support the education sector; one of the UAE’s key ...

ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has sent a message of congratulations to President Hage Geingob of Namibia, on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed ...

ABU DHABI / Emirates Business Abu Dhabi Securities Exchange (ADX) announced that it will be managing remote e-voting for Annual General Meetings (AGMs) of companies listed on the Exchange free of charge. This move will enable a crucial aspect of AGMs to be carried out remotely and will apply to AGMs taking place from March 17 until the end of ...

ABU DHABI / WAM The central bank of the UAE has revealed the country’s banking indicator figures for February, noting gross banks’ assets totalled AED3.095 trillion. The February gross banks’ assets total represents a year-on-year increase of 6.4 percent, compared to February 2019 figures which reached some AED2.909 trillion. This figure is the highest recorded by the UAE banking sector, ...

ABU DHABI / WAM The United Arab Emirates has announced a temporary suspension on issuing visas upon arrival for holders of exempted passports, effective 01:00 (UAE local time) on March 19, as part of the precautionary and preventive measures adopted by the country to contain the spread of coronavirus (Covid-19). Holders of diplomatic passports are exempted from this decision, noted ...

Fujairah / WAM The National Bank of Fujairah (NBF) approved the distribution of profits of 13.5 percent of paid-up capital in the form of cash dividends of 10 percent (AED 185 million) and bonus shares of 3.5 percent (AED64.8 million) of paid-up capital. During its Annual General Assembly Meeting on Wednesday, shareholders also approved the Chairman’s and Directors’ Reports, and the ...

Abu Dhabi / Emirates Business Khalifa University of Science and Technology on Wednesday announced the licensing of its patented technology to a startup floated by an alumnus Emirati entrepreneur with a faculty member. The intellectual property (IP) technology license was granted recently, marking a significant milestone in the university’s innovation journey. The home-based monitoring device, called by the Emirati startup ...

SHARJAH / WAM The Sharjah Investors Services Centre, Saeed, has announced on Wednesday that it will be supporting all its customers through its phone service. This will include enquiries as well as applications. Submission of documents will be enabled via email, and customers will not be required to visit the centre in person. The initiative by Saeed comes in line ...

ABU DHABI / WAM Sudan will receive AED40 million ($10.8 million) in agricultural supplies, the Abu Dhabi Fund for Development (ADFD) announced on Wednesday. The move comes as part of the UAE’s support for the agricultural sector in Sudan, a statement read, adding that the development assistance includes the provision of nine million bags for packaging agricultural products and crops. ...