Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE  and Ruler of Dubai, said that the UAE offers the world an advanced model for governance centred on ensuring the happiness of its people and improving their quality of life. Sheikh Mohammed’s comments came as he honoured winners of the second ...
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DUBAI / WAM HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance and President of Dubai Electricity and Water Authority (Dewa), inaugurated the extension project of M-Station in Jebel Ali, the largest power and water desalination plant in the UAE. With the construction of the extension, the total cost of M-Station reached AED11.669 billion while ...
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Abu Dhabi / WAM The Abu Dhabi Government has repaid its sovereign bonds on 8th April 2019, according to an announcement by the Department of Finance – Abu Dhabi. The bonds were issued by Abu Dhabi Government in 2009 in two tranches of $1.5 billion each, with a total value of $3 billion. The first tranche with a value of ...
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Dubai / Emirates Business Emirates continued its winning streak when it took top honours by sweeping five awards last night at the Business Traveller Middle East Awards 2019. The airline took home the highly regarded industry accolades for Airline with the Best First Class, Airline with the Best Economy Class, Airline with the Best Frequent Flyer Program and Best Airport ...
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Abu Dhabi / WAM The Small to Medium Enterprise Exhibition (SME Expo), kicked-off on Monday in the nation’s capital, Abu Dhabi. The event was inaugurated by Sultan bin Saeed Al Mansouri, Minister of Economy and Chairman of the UAE Small and Medium Enterprises Council. The two-day event is organised in strategic partnership with various funding programmes – such as the ...
Read More »Dubai / WAM Dubai World Central (DWC), is set to handle 240 million passengers, the CEO of Dubai Airports Corporation Paul Griffiths revealed on Tuesday at the 19th edition of the Dubai Airport Show. In a keynote address, Griffiths said that future passengers will be provided with a “personalised experience” at DWC, adding that the hub model is “right and ...
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Beijing / WAM Mansour Ibrahim Al Mansouri, Director-General of the National Media Council (NMC), officially opened the UAE Pavilion at the Expo 2019 Beijing, taking place in the Chinese capital from April 29 to October 7. Managed and supervised by the NMC, the Pavilion bears the theme ‘Greening the Desert’. This participation, which is the UAE’s first at the Expo’s ...
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ABU DHABI / WAM The Federal Authority for Nuclear Regulation (FANR), the nuclear regulator in the UAE, has developed the nation’s first automated import and export control system for nuclear related items. Fully integrated with the Abu Dhabi General Administration of Customs, FANR’s NuTech Portal system has reduced approval time for the clearing of shipments from Abu Dhabi Customs by ...
Read More »ABU DHABI / WAM Total assets of the 10 UAE banks which disclosed their Q1-2019 financial stateme-nts soared to AED1.3 trillion, 3.1 percent up from AED1.26 trillion during corresponding period last year. According to financial analysts and international consultancy firms, the financial statements released recently by the UAE banks have beaten expectations, with the national banks outperforming other sectors in ...
Read More »Emirates Business Sharjah Investment and Development Authority (Shurooq) has unveiled three new luxury hospitality projects worth AED 130 million at ATM 2019, which are nearing completion and slated for an official launch in the second half (H2) of 2019. Situated in three distinct historical and natural sites across the emirate of Sharjah, the three projects are Al Faya Lodge at ...
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