Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, among the early adopters of social media in the region, completes a decade of his presence on Twitter this June. To commemorate his decade-long presence on Twitter, a book featuring a collection of tweets by Sheikh Mohammed ...
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ABU DHABI / WAM Sultan bin Saeed Al Mansouri, Minister of Economy (MoE), issued a ministerial decision approving the status of Economic Concentration in the UAE market for the upcoming acquisition of Careem – one of the leading start-ups established in the UAE – by global company Uber. Under the Competition Law No. 04 of 2012 and the Executive Regulation ...
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ABU DHABI / WAM The non-oil sector grew 1.6 percent in Q1-2019 on year, with economic growth hitting an annual growth rate of 2.2 percent driven by a robust government and private sector performance, according to Central Bank of UAE’s Quarterly Review. The real gross domestic product is projected to grow by 2 percent over the coming period, catalysed by ...
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Dubai / WAM The Dubai Multi Commodities Centre (DMCC) has welcomed 1,868 new companies to its free zone in 2018, marking a 12 percent growth compared to 2017. The construction of Uptown Dubai, DMCCs new district, is also well underway to accommodate the demand for additional space, DMCC announced. “We have established our position as the preferred free zone for ...
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DUBAI / WAM The Dubai Electricity and Water Authority (Dewa), received a Swedish delegation, where they held meetings to expand cooperation and knowledge exchange in the sustainability, water and energy sectors. Saeed Mohammed Al Tayer, Dewa Managing Director and CEO, welcomed the high-level delegation from the Swedish Council for Trade and Investment, headed by Henrik Landerholm, Ambassador of Sweden to ...
Read More »ABU DHABI / WAM Al Ain City Municipality (ACM), and Abu Dhabi General Services Company (Musanada), have announced the opening of Al Aflaj (No. 115), Al Qasr (No. 118) and Al Ahlia (No. 166) intersections as well as Intersection No. 177 known as Rotana Intersection, in a move aimed at enhancing traffic flow and improving safety for users of the ...
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ABU DHABI / WAM Expats’ remittances from the UAE amounted to AED38.41 bn during Q1-2019, according to figures released by the Central Bank of the United Arab Emirates. A total of AED25 bn thereof was transferred through money exchange companies and the rest from the banks operating in the country. India took home the crown as the top-receiving country for ...
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Abu Dhabi / WAM The Zayed Sustainability Prize has announced a record 2,373 completed submissions for the 2020 awards. Following its 11th annual awards ceremony held in January, Prize entered a four-month submissions phase, which closed on May 30 with a record 13 percent increase in submissions over the previous year. Of the entries received, the breakdown across the Prize’s ...
Read More »YAOUNDE / WAM Fahad Obaid Mohammad Al Taffaq, UAE Ambassador to Nigeria and Non-Resident Ambassador to the Republic of Cameroon, held meetings with a number of officials and businessmen in Cameroon, and discussed ways to strengthen cooperation with the Central African country in all fields. Al Taffaq visited the capital city Yaounde, and toured a number of institutions and bodies ...
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ABU DHABI / WAM The UAE has become the first country in the Gulf to launch a new reporting platform developed by the United Nations Office on Drugs and Crime (UNODC), to curb organised crimes. The UAE’s Financial Intelligence Unit (FYU), launched the new anti-money laundering platform ‘goAML’ , which has been open for registration since May, officials of the ...
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