Local News

Houthi militias destroy aid supply depots in Hodeidah

HODEIDAH / WAM The Iranian-backed Houthi militias have shelled the storage depots of relief organisations in Hodeidah, leading to the destruction of food supplies and basic goods intended for the Yemeni people. Local eyewitnesses said that the militias deliberately shelled the storage depots, which are located 7 kilometres east of Hodeidah City, with the aim of covering up their looting ...

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$2.4 trillion worth of construction projects a boost for wood industry

Dubai / WAM The wood industry in the UAE is expected to boom over the next two years as the country ramps up construction activities ahead of the Expo 2020 Dubai. The wood and woodworking machinery industry will be impacted from the massive construction projects being executed as part of the build-up for the Expo 2020 Dubai. The large-scale event ...

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Emirati exhibition in Brussels to reflect UAE’s values and principles

BRUSSELS / WAM The Emirates Red Crescent (ERC), will organise an exhibition, titled, “From Humanitarian Aid to Stability.” The three-day exhibition, which aims to highlight the humanitarian and development aid provided by the UAE to many countries, in coordination with the Federal National Council (FNC), will be held in Brussels starting Wednesday, at the headquarters of the European Parliament. The ...

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Dubai launches smart app for real estate valuators

Dubai / WAM The Real Estate Regulatory Authority (RERA), at Dubai Land Department (DLD), announced the launch of the smart application for real estate valuators ‘Taqyimee’, which will have a positive impact on the real estate valuation activities in the Emirate. The launch was attended by Sultan Butti bin Mejren, Director-General of DLD; Marwan bin Ghalita, CEO of RERA; and ...

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Record number of participants at Navdex 2019

Abu Dhabi / Emirates Business The next edition of Navdex 2019, held under the patronage of His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE and Supreme Commander of the Armed Forces, will witness a record number of international and local participant companies specialised in the maritime defence industry. Held at the Abu Dhabi National Exhibition Centre ...

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Adnoc among top 10 energy firms globally

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) is among the top 10 most influential companies and organisations in the energy sector, a new ranking from research and intelligence firm GlobalData found. The only Middle Eastern company featured on the GlobalData’s list, Adnoc was ranked sixth, and third among big oil firms, after Exxon Mobil and China’s ...

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Kizad Polymers Park to add $2.5bn to UAE GDP by 2025

Abu Dhabi / Emirates Business Kizad, one of the fastest growing industrial zones in the Middle East and part of Abu Dhabi Ports, on Sunday launched Kizad Polymers Park, which will form an integral part of the polymers conversion ecosystem in the emirate. The park aims to be a major economic driver for the UAE, producing 300-400 kilo tonnes of ...

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Emirates NBD launches VAT-based loan solutions

DUBAI / Emirates Business Emirates NBD announced the launch of a new VAT-based enhanced loan solution for small and medium-sized enterprise (SME) customers. The new loan program makes it easier for SMEs to apply for financing by providing copies of their VAT (value added tax) returns filed with the UAE’s Federal Tax Authority to serve as validation of business turnover ...

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‘Houthis loot 65% of humanitarian relief’

ADEN / WAM The Houthi militia has seized and looted 65 percent of the humanitarian aid sent for the people of Yemen through the port of Hodeidah, according to the Yemeni Minister of Local Administration, Abdul Raqeeb Fatah. “Over the past three years, the Houthis have been showing wilful disregard for the tough humanitarian circumstances being faced by the Yemeni ...

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UAE, Pakistan explore ways to enhance ties in vital sectors

Islamabad / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Sunday held talks with Prime Minister Imran Khan, focusing on strengthening the relations between the UAE and Pakistan, in addition to the current regional and international developments. His Highness Sheikh Mohamed affirmed his keenness ...

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