Local News

Adnoc signs deal to enhance Stem learning in UAE

Abu Dhabi / WAM The Abu Dhabi National Oil Company (Adnoc), announced on Monday that it has signed a partnership agreement with the Abu Dhabi Motorsports Management (ADMM), to enhance science, technology, engineering and mathematics-related (STEM), learning in Abu Dhabi, in order to support the development of the next generation of skilled workers who will be the driving force of the ...

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Mubadala group hires over 760 talented UAE nationals

ABU DHABI / WAM The Mubadala Investment Company on Monday announced that it has recruited over 760 Emiratis, including 12 people of determination, to join its group of companies this year. According to a statement released by the group, the major recruitment drive is part of the company’s ongoing “Train for Work” programme, which was initiated last year to support ...

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‘Establishing MBZUAI critical for global future’

ABU DHABI / WAM The youngest IBM Watson developer in the world has said that the UAE’s establishment of the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), is “absolutely critical.” The artificial intelligence (AI) expert from Canada, Tanmay Bakshi, told the Emirates News Agency (WAM), “I feel this is an absolutely critical step to take,” adding that he was ...

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Dubai DED issues 4,057 new licenses in September 2019

DUBAI / WAM In a sign of continuing investor confidence in Dubai and new opportunities arising across diverse economic sectors, the Dubai’s Department of Economic Development (DED), issued 4,057 new licenses for various professional, commercial, industrial and tourism activities in September. According to the Business Registration and Licensing (BRL), sector in DED, 65.2% of the new licences were professional, 33.2% ...

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ADFD hosts lecture on sustainable development funding

Abu Dhabi / Emirates Business In line with its priority to raise awareness about the importance of sustainable development funding, Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, hosted a lecture at Al Ain University (AAU). Drawing the participation of AAU students and faculty, the lecture outlined the Fund’s role in promoting sustainable development ...

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First Tesla car-share operation in region comes to Abu Dhabi

ABU DHABI / WAM The UAE-founded ‘ekar’ has announced a partnership with Masdar to bring electric vehicle car-sharing to the Middle East by purchasing five Tesla models S and X for its fleet, with the vehicles available for hire from Masdar City in Abu Dhabi. “Masdar City installed first rapid charging station for electric vehicles in the Mideast,” said Yousef ...

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World’s oldest natural pearl found in Abu Dhabi

Abu Dhabi / WAM The oldest known natural pearl in the world has been discovered by Department of Culture and Tourism – Abu Dhabi archaeologists working at a Neolithic site on Marawah Island, just off the coast of Abu Dhabi. Dubbed the ‘Abu Dhabi Pearl’, it was found in layers that have been radiocarbon dated to 5,800-5,600 BCE, during the ...

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SIB 9-month profit up 4.5% to AED415.4mn

Sharjah / WAM The Sharjah Islamic Bank (SIB), reported a net profit of AED415.4 million for the first nine months of 2019, compared to AED397.7 million for the same period last year, with a projected increase of 4.5%. The bank’s total assets reached AED45.6 billion as of the end of the third quarter of 2019, with an increase of AED890.2 ...

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6th World Green Economy summit kicks off in Dubai

Dubai / Emirates Business Under the patronage of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance and President of Dubai Electricity and Water Authority (Dewa) inaugurated on Sunday the 6th World Green Economy Summit (WGES ...

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FNC concludes its participation in IPU meetings in Serbia

BELGRADE / WAM A Federal National Council (FNC), delegation, led by Dr Amal Abdullah Al Qubaisi, Speaker of the FNC, concluded its participation in the meetings of the 141st General Assembly and the 205th Governing Council of the Inter-Parliamentary Union (IPU), held in the Serbian capital, Belgrade, with the participation of over 1,700 parliamentarians from 140 countries. During the meetings, ...

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