Local News

‘Arab council’ adopts UAE proposal for ‘Tolerance’ as theme in ’19

RIYADH / WAM The Executive Office of Arab Information Ministers Council adopted the Emirati proposal for ‘Tolerance’ to be the Council’s intellectual theme in 2019, under the title “Arab Media’s Role in Promoting Tolerance”. The Council made the decision during its 11th ordinary session in Riyadh, Saudi Arabia, on Wednesday. The UAE was represented by Mansour Ibrahim Al Mansouri, Director ...

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Nasdaq Dubai launches futures trading of 12 Saudi companies

Dubai / WAM Nasdaq Dubai on Wednesday launched futures trading on the shares of 12 leading Saudi Arabian companies, in a significant step forward for the region’s capital markets. The move enables investors to gain from changes in the Saudi-listed companies’ share price by trading the futures on Nasdaq Dubai. The futures are designed to increase the appeal of regional ...

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‘Sheikh Zayed and Europe: A Journey’ to run till Jan 31

Abu Dhabi / WAM The ‘Sheikh Zayed and Europe: a Journey’ exhibition, held at The Founder’s Memorial in Abu Dhabi, has been extended until January 31. Organised by the European Union Delegation to the UAE and the Austrian and Bulgarian Presidencies of the Council of the EU for the year 2018, the exhibition, held under the patronage of the Ministry ...

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Sustainability no longer a luxury, says Al Nuaimi

Abu Dhabi / WAM Dr Abdullah Belhaif Al Nuaimi, Minister of Infrastructure Development, has affirmed that meeting sustainability standards have become one of the most important criteria for the ministry in approving infrastructure projects, saying that “implementing these standards is no longer a luxury but an urgent need to ensure economic and investment returns.” In a statement to the Emirates ...

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UAE products promoted among African nations

Dubai / WAM Dubai Exports, the export promotion agency of the Department of Economic Development (DED) in Dubai, participated in a series of events in Egypt, Ivory Coast and Nigeria as part of its efforts to promote UAE products and services across promising international markets and connect local trade to the best gateways in the African continent. The Dubai Exports ...

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Dubai FDI spurs economic, investment ties with India

DUBAI / WAM Dubai’s leading business entities in trade and investment, real estate and startup development, comprising more than 80 companies, visited India as part of a delegation led by Dubai Investment Development Agency, Dubai FDI, the investment development age-ncy of Dubai Economy (DED) and organised by key partner Musthafa and Almana. The delegation held seminars, meetings in Bengaluru and ...

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Sharjah, US explore investment avenues

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) held discussions with the commercial office of the Consulate General of the United States in Dubai on enhancing economic relations between the emirate of Sharjah and the United States, as well as increasing trade and mutual cooperation between the business communities of both sides. These discussions took place during ...

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Emirates SkyCargo hits new milestones in ’18

Dubai / Emirates Business Between January and December 2018, Emirates SkyCargo, the freight division of Emirates, flew close to 2.6 million tonnes of cargo across six continents. From fruits and vegetables to space satellites, from pharmaceuticals to domestic pets, the air cargo carrier transported goods that have had a direct positive impact on the lives of millions. Here are some ...

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DBWC records 46% growth in membership

Dubai / WAM Membership in the Dubai Business Women’s Council (DBWC), recorded a 46 per cent growth in 2018, as compared to 2017, as the number of members increased to 864, up from 591 members in 2017, which represents an increase of 273 new members joining the council in the previous year. The new growth in membership during 2018 reflects ...

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UAE to celebrate Asian Cup with commemorative coins

Abu Dhabi / WAM The Central Bank of the UAE will issue a commemorative silver coin and a commemorative one Dirham coin on Wednesday to mark the hosting by the country of the Asian Cup – UAE 2019. According to a Bank statement, the Commemorative Silver Coin is 40 mm in diameter, 40 gms weight, with an alloy of 92.5 ...

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