Local News

UAE committed to UN-led political process in Yemen

NEW YORK / WAM Ambassador Lana Zaki Nusseibeh, UAE’s Permanent Representative to the United Nations in New York, has reiterated and reinforced her country’s commitment to a UN-led political process, notwithstanding the Houthis’ decision to disregard the Geneva talks organised by the Special Envoy of the Secretary-General for Yemen, Martin Griffiths. In a letter addressed to President of the UN ...

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SBWC to sponsor 10 female entrepreneurs, start-ups

SHARJAH / WAM The Sharjah Business Women Council (SBWC), is calling upon all female entrepreneurs and start-up owners to apply to become one of the ten start-ups it will sponsor during Gitex Future Stars, which will run between October 14-18 at Dubai World Trade Centre (DWTC). SBWC, one of Nama Women Advancement Establishment’s three entities, will be participating for the ...

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UAE to allow expats long-term residency after retirement

Dubai / WAM The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has adopted a resolution to support the industrial sector by introducing reduced fees of electricity consumption for large, medium and small factories. “We launched today an initiative to support the industry sector and ...

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ADGM closing commercial funding gap in Mena: Teng

ABU DHABI / WAM­­­­­ Abu Dhabi Global Market (ADGM) considers it essential to develop alternative financing solutions to bridge the commercial funding gap in the UAE and the Middle East and North Africa Region, Richard Teng, the Chief Executive Officer of Financial Services Regulatory Authority (FSRA) at ADGM. Speaking to the Emirates News Agency (WAM), on the ADGM FinTech Abu ...

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Additional funding for UAE federal budget approved

Abu Dhabi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued Federal Decree-Law No.6 of 2018 approving an additional funding to the general federal budget and to the budgets of independent entities for the current fiscal year. The Decree-Law published in the latest issue of the Federal Gazette, stipulates that the estimated general budget expenses for ...

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President issues decree amending Commercial Companies Law

Abu Dhabi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued Federal Decree-Law No. 07 of 2018 amending articles within Federal Law No. 02 of 2015 on Commercial Companies. The Decree stipulates that Article 14 of Federal Law No. 02 shall be amended to reflect that the Memorandum of Association of a company and each amendment ...

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Dubai issues permits to 163 free zone firms

Dubai / WAM The Department of Economic Development (DED), in Dubai has permitted 163 free zone companies to operate in mainland Dubai following a Memorandum of Understanding (MoU), signed earlier this year between DED and the Dubai Free Zones Council. The MoU sought to enable free zone entities in Dubai to expand their operations across the emirate, and strengthen Dubai’s ...

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Young Arab Media Leaders programme launched

Dubai / WAM Under the patronage of HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs and Chair of the Arab Youth Centre  (AYC), the second edition of the Young Arab Media Leaders programme was launched in Dubai, on Sunday. Organised by the AYC and taking place over the course of two weeks, the programme ...

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‘Dtec Forum’ in Dubai to explore future of smart cities

DUBAI / WAM Dubai Silicon Oasis (DSO), the integrated free zone technology park, will explore the future of smart cities and their success factors at its third quarterly Dtec Forum of 2018. Set to run on September 18 at the Dubai Technology Entrepreneur Centre (Dtec), the largest technology incubation hub in the region that is wholly owned by Dubai Silicon ...

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Digital platform to showcase Dubai’s competitiveness

Dubai / WAM The Dubai Competitiveness Office (DCO), in the Department of Economic Development (DED), Dubai, has announced plans to launch ‘The Future of Competitiveness Platform,’ the first interactive digital platform of its kind, which will track competitiveness data and indicators worldwide and benchmark Dubai’s competitiveness to support decision-making in the local public and private sectors. Set to be launched in ...

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