Local News

UAE national portal’s page views surpasses 20 million

Dubai / WAM The UAE official government portal ‘UAE Government’ views have surpassed 20 million, while portal users reached about 7.5 million (2.5 million are from outside the UAE) and users’ sessions reached 12 million in two years since the portal was revamped and enriched with content in April 2017, reported the Telecommunications Regulatory Authority (TRA). Hamad Obaid Al Mansoori, Director-General ...

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New air accident investigation lab opens in Abu Dhabi

Abu Dhabi / WAM Saif Mohammed Al Suwaidi, Director-General of General Civil Aviation Authority (GCAA), has officially inaugurated the “Abu Dhabi Air Accident Investigation Laboratory”, established by the Air Accident Investigation Sector (AAIS), at the authority’s headquarters. “The lab offers great potential for the Air Accident Investigation Sector to operate effectively and smoothly, based on data recorded by flight recorders. ...

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Mohammed unveils UAE permanent residency scheme

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has launched the ‘Golden Card’ scheme to grant permanent residency benefits to investors, entrepreneurs, specialised talents, researchers, and outstanding students. The Golden Card offers unprecedented benefits to the cardholders and their families, while creating an attractive environment ...

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Central bank M3 reaches AED1.636trn

ABU DHABI / WAM The Central Bank of UAE’s monetary aggregates, which include currency in circulation outside banks plus monetary deposits and quasi-deposits and government deposits, referred to as M3, increased 0.2 percent by the end of April, hitting as much as AED1.636 trillion against an amount of AED 1.632 trillion recorded the month before, according the UAE Monthly Monetary ...

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UAE investors most optimistic in world as markets rebound

Dubai / Emirates Business High net worth individuals and business owners globally are optimistic and looking for opportunities to invest as markets rebound in 2019, according to UBS Global Wealth Management’s new quarterly Investor Sentiment survey. The survey, which polled more than 3,600 wealthy investors and entrepreneurs in 17 countries, including the UAE, points to a rebound in bullish sentiment ...

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Work on Expo 2020 ‘thematic districts’ complete

DUBAI / WAM Expo 2020 Dubai has announced that the construction of its petal-shaped Thematic Districts is now complete, marking one of the most significant milestones on the road to welcoming the world to the UAE. More than 100 million working hours have now gone into developing the site, including the completion of all shell and core works for the ...

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Emirates launches app in Arabic

Dubai / Emirates Business All the features in the Emirates app are now available in Arabic, bringing the total number of languages supported to 19. The Emirates app currently receives an average of 600,000 monthly downloads and allows users to search, book and manage their flights as well as their Emirates Skywards accounts. Emirates is the only airline globally to ...

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Dana Gas commences drilling operations at Egypt’s Merak-1 well

Sharjah / WAM Dana Gas on Tuesday announced it commenced drilling operations at its Merak-1 well, offshore Egypt. The location is in 755 metres of water in the North El Arish concession, also known as Block 6. This block is in the Eastern Mediterranean Basin where other giant natural gas discoveries have been made in recent years. The Merak-1 well ...

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Emirates Steel, Finnish firm sign slag management deal

ABU DHABI / WAM An estimated 1.6 million tonnes of slag, a byproduct of steel manufacturing, of Emirates Steel will be processed in two years after the company signed an agreement with Finnish ECOFER Technologies. The agreement, due to take effect in 2020, will provide Emirates Steel with sustainable slag management services for the next ten years, in line with ...

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