Local News

Dubai / WAM The Roads and Transport Authority (RTA), announced the completion of 75 projects as part of the Smart City and Artificial Intelligence Programme. Projects completed relate to the smart organisation, infrastructure, smart vehicles, data management, artificial intelligence and smart and sustainable transport. “RTA supports the transformation of Dubai into a smart city to provide happiness and luxurious living ...

Cairo / WAM Heads and representatives of stock exchanges, including the Abu Dhabi Securities Exchange (ADX), Arab depository and clearing companies, as well as representatives of a group of brokerage firms and financial experts, attended a series of meetings of the Arab Federation of Exchanges (AFE), in Cairo, Egypt. Khalifa Salem Al Mansouri, Acting Chief Executive of the ADX along ...

BEIJING / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, met President of Belarus Alexander Lukashenko on the sidelines of the second Belt and Road Forum for International Cooperation, which concludes on Saturday in the Chinese capital Beijing. During the meeting, Sheikh Mohammed and Lukashenko discussed bilateral ...

LONDON / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, Jeremy Hunt, Foreign Secretary of the United Kingdom, Adel Al Jubeir Minister of State for Foreign Affairs of the Kingdom of Saudi Arabia, and David Satterfield, United States acting assistant secretary of state for Near Eastern Affairs, met on Saturday in London ...

DUBAI / WAM Hospitality professionals from every corner of the world will gather in Dubai on Sunday for the opening of Arabian Travel Market, (ATM 2019), the largest travel industry exhibition in the Middle East. Identifying the top tourism trends showing the greatest growth potential is one of the most valuable insights Arabian Travel Market has to offer, and this ...

Dubai / WAM The total value of contracts provided by Dubai SME – the agency of the Department of Economic Development in Dubai mandated to develop the small and medium enterprises, SME, sector — for Government Procurement Programme (GPP), members amounted to AED860 million ($234 million) in 2018. The value was AED1.5 billion in 2017, 44.5% higher than the AED857.76 million ...

Abu Dhabi / WAM The total assets of Central Bank of UAE hiked to a four-decade-time high of AED432.6 billion by the end of March, a growth of 3.5 percent from AED417.7 billion by end of 2018, CBUAE statistics showed. The significant growth is driven by a rally in deposits to AED133.5 billion by March-end, up 25 percent from AED106.8 ...

Dubai / Emirates Business Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis, an integrated free zone technology park, announced its participation in a four-day roadshow in India during last week of April. Organised by DSOA, in partnership with the Confederation of Indian Industry (CII), the high-level promotional event will serve as a platform for DSOA to ...

Abu Dhabi / Emirates Business Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, signed a $10 million concessionary loan agreement with the Government of Burkina Faso to fund that country’s Rural Electrification Project. In the presence of His Excellency Roch Marc Christian Kaboré, Burkina Faso president, Mohammed Saif Al Suwaidi, Director General of ADFD, and ...

ABU DHABI / Emirates Business Adnoc Distribution, the UAE’s leading fuel and convenience retailer, in association with Etihad Airways, revealed the 14 lucky week two winners of its ‘Fuel Up and Fly Off’ initiative during an event held at the Etihad Innovation Centre on Wednesday. The ‘Fuel Up and Fly Off’ campaign is a joint partnership between Adnoc Distribution and ...