Local News

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Monday received a phone call from President Joko Widodo of Indonesia. They discussed UAE-Indonesia relations in various fields and ways of developing them to achieve mutual benefits. During the call, Sheikh Mohamed bin ...

Dubai / WAM The Expo 2020 Dubai Higher Committee has affirmed its commitment to hosting an exceptional World Expo during a meeting led by HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Expo 2020 Dubai Higher Committee. The high-level task force is entrusted with steering progress on the largest event ever held in the Arab world. Through the ...

Dubai / WAM Seventeen UAE companies have confirmed their investment in India’s infrastructure sector in the last 12 months, an Indian minister has said. Piyush Goyal, Indian Minister of Railways and Minister of Commerce and Industry told the Emirates News Agency (WAM), that since the 6th meeting of the UAE–India High Level Joint Task Force on Investments that was held ...

ABU DHABI / WAM The Integrated Transport Centre (ITC), in Abu Dhabi has announced that 40 bus stops have been converted into taxi stands on Abu Dhabi Island. The move aims to provide innovative solutions for parking management in Abu Dhabi, said a press statement issued by the ITC on Monday. This step aims to regulate and optimise the use ...

ABU DHABI / WAM Positive macroeconomic developments during the first and the second quarters of 2019 reflected on the UAE labour market as employment in the private sector increased by 1.0 percent in Q2 to 5.1 million compared to a rise of 0.1 percent in the previous quarter, according to figures released by the Central Bank of the United Arab ...

Dubai / WAM Dubai has risen up the ranks of the Global Financial Centres Index (GFCI), to number eight position, representing its highest-ever ranking. The city is the only financial centre in the Middle East, Africa and South Asia (Measa) region to appear within the top 10 rankings, placing it alongside other pivotal financial hubs such as London, New York, ...

Abu Dhabi / WAM In a continuous effort to improve business efficiency and ensure ease of doing business, the Abu Dhabi Global Market (ADGM), Registration Authority has launched an instant licence renewal service for entities registered at ADGM. According to a press release issued by ADGM on Monday, the new instant licence renewal service will allow registered entities to efficiently ...

ABU DHABI / WAM The UAE consolidated government expenditure rose AED119 billion during Q1 2019, a growth of 21.6% as compared with the same period in 2018, according to figures released by the Central Bank of the UAE (CBUAE). In its quarterly review, CBUAE said, UAE government expenses went up y-o-y by 16.3% during Q1. Moreover, capital spending, measured by ...

GENEVA / WAM UAE citizens in Geneva, Berlin, and London on Sunday started voting for the elections of the fourth session of the Federal National Council (FNC). Ambassador Obaid Salem Al Zaabi, UAE Permanent Representative to the United Nations and Other International Organisations in Geneva, said that all arrangements were made for the UAE citizens abroad to participate in the ...

Dubai / Emirates Business Meraas Holding (Meraas) announces that it has entered AED5 billion ($1.4 billion) long-term strategic partnership with Brookfield Asset Management (Brookfield) to jointly own and operate a retail-focused real estate platform in the UAE with a mandate to explore growth opportunities in the retail sector across the GCC region. This transaction represents a significant investment in the region ...