Local News

Fujairah / WAM National Bank of Fujairah (NBF), announced the expansion of its NBF Islamic portfolio by launching a suite of savings products based on the Islamic principle of Mudaraba. By doing this, the bank complements the existing Sharia’-compliant Murabaha and Wakala deposits by adding savings accounts, fixed-term and dream deposits. Mudaraba is one of the most credible Islamic products ...

Abu Dhabi / Emirates Business HE Sheikh Nahyan bin Mubarak al Nahyan, Minister of Tolerance, on Monday officially inaugurated CPhI Middle East & Africa 2018, the region’s leading platform for the pharmaceutical industry, followed by a tour of the exhibition. This year’s show is making its regional debut in the UAE, taking place at the Abu Dhabi National Exhibition Centre ...

Dubai / WAM The Telecommunications Regulatory Authority (TRA), has held a workshop on “Developments and best practices in the UN E-Government Survey 2018”, at the InterContinental Dubai – Festival City. The forum was divided into two workshops, one focused on e-participation, while the second discussed open and big data and their impact in enhancing digital government orientation. The forum also ...

Abu Dhabi / WAM The UAE will participate in the 15th “China International Small and Medium-Sized Enterprise, (SME), Fair,” which will be held in Guangzhou, the capital of Guangdong Province, China, from October 10-13, through a major commercial delegation. The delegation is being organised by the “SME Council,” through its executive arm, the “National SME Programme,” which operates under the ...

ABU DHABI / WAM In a new Arab achievement, the UAE has announced the selection of the first two Emirati astronauts, Hazza Ali Abdan Al Mansouri and Sultan Saif Hamad Al Neyadi, in cooperation with the Russian space agency, Roscosmos State Corporation for Space Activities, among the 4,000 young men and women who have been tested for the UAE Astronaut ...

ABU DHABI / WAM The UAE’s ongoing achievements that are taking place have succeeded in transforming ideas into reality, with the support of the wise leadership, who on Monday declared a new Arab achievement related to space, by announcing the names of the first two Emirati astronauts who will travel to the International Space Station. This achievement highlights the UAE’s ...

ABU DHABI / WAM Dr Ahmad bin Abdullah Humaid Belhoul Al Falasi, Minister of State for Higher Education and Advanced Skills and Chairman of the Board of Directors of the UAE Space Agency, said that the declaration of the two astronauts who will travel to space under the UAE flag has placed the country in a more competitive and proud ...

ABU DHABI / WAM The Board of Directors of the UAE Central Bank held its seventh meeting for 2018 on Sunday, under the chairmanship of Khalifa Al Kindi, Chairman of the Board. During the meeting, which was held at the Central Bank’s premises, the board reviewed a memo regarding the Macro Prudential Policy stance report – Q2 2018, and instructed ...

RAS AL-KHAIMAH / WAM Ras Al Khaimah International Airport officially inaugurated its new-look Duty Free shopping area, following extensive renovations. Senior officials from the Ras al-Khaimah government, RAK International Airport management, and Ras al-Khaimah Tourism Development Authority (RAKTDA), presided over the ribbon cutting ceremony and unveiled the remodelled stores. The Duty-Free retail space in Departures and Arrivals terminals were upgraded ...

ABU DHABI / WAM The third annual Atlantic Council Global Energy Forum will be held in Abu Dhabi on January 12-13, 2019, again kicking off Abu Dhabi’s Sustainability Week. The two-day event gathers international and regional political, industry, and thought leaders to set the global energy agenda for the year and examine the longer-term geopolitical and geo-economic implications of the ...