RIYADH / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, visited the Mohammed bin Salman Charitable Foundation “Misk Foundationâ€, in Riyadh, Saudi Arabia. During the visit, His Highness Sheikh Abdullah was accompanied by Bader Al-Assaker, Chairman of Misk Initiatives Centre, along with Sheikh Shakboot bin Nahyan Al Nahyan, UAE Ambassador to Saudi ...
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RIYADH / WAM Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State and Adnoc Group CEO, participated, on Wednesday, in the third annual Future Investment Initiative (FII), held in Riyadh, Kingdom of Saudi Arabia, as global leaders from the public and private sectors convened to explore economic opportunities. Commenting alongside Prince Abdulaziz bin Salman Al-Saud, Minister of Energy of ...
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ABU DUBAI / Emirates Business The 2019 edition of the Abu Dhabi Petroleum Exhibition and Conference (Adipec) is set to confirm the event’s status as the world’s leading oil and gas exhibition and conference, with increased participation from major global oil companies. Over 30 national oil companies (NOCs) have confirmed their participation at Adipec, up from 27 last year, while ...
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Abu Dhabi / WAM The Higher Organising Committee of the Zayed Charity Marathon announced that the marathon’s sixth edition will be held in Suez, Egypt, on December 27. The announcement was made at a press conference, held at the Armed Forces Officers Club in Abu Dhabi, and was attended by Minister of Youth and Sports of Egypt, Ashraf Sobhy, Lt. ...
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Abu Dhabi / WAM The investment portfolio of UAE-based banks amounted to AED64 billion ($17.42b) in the first nine months of 2019, hitting a total record of AED397.3 billion by the end of September, according to figures revealed by the central bank of the UAE. The growth trajectory is driven by a 19.4 percent jump in banks’ investments in securities ...
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DUBAI / WAM Dubai mutual trade with Brazil in 2018 made around AED5.6 billion, with AED5.2 billion in imports, AED136 million in exports and AED234 million in re-exports. According to statistics released by Dubai Customs in conjunction with the visit of the Brazilian President, Jair Bolsonaro to the UAE, trade with Brazil touched AED3.6 billion in the first half of ...
Read More »Abu Dhabi / WAM Abu Dhabi National Insurance Company (Adnic) reported AED194.4 million in net profit in Q3-2019, a 11.1 percent growth on the comparable period last year. The shareholders’ equity increased by 5.1 percent to AED 2.21 billion as of September 30, compared to AED2.10 billion as of December 31, 2018. For the nine-month period ended September 30, Adnic’s ...
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Abu Dhabi / WAM Under the patronage of HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, and Chairman of The Abu Dhabi Agriculture & Food Safety Authority (Adafsa), the tenth edition of Sial Middle East, the exclusive regional food, beverage and hospitality trade event, will run from December 9-11 at the Abu Dhabi ...
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Dubai / WAM Slovenian Foreign Minister Miro Cerar is currently on a working visit to UAE, with first stop being the site of Expo 2020 in Dubai, where he met Reem bint Ibrahim Al Hashemy, Director-General of Expo 2020 Dubai, reported the Slovenian Press Agency (STA), quoting the country’s foreign ministry. “Cerar visited the site of the future world exposition ...
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Dubai / 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 a zero-deficit federal budget of AED61.354 billion for 2020 fiscal year. This is the largest budget since the establishment of the UAE. About 31 percent of the budget is allocated to ...
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