Local News

Abu Dhabi / WAM Salvator Mundi, a masterpiece by Leonardo da Vinci, will be unveiled to the public at Louvre Abu Dhabi on September 18. Acquired by the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) in 2017, Salvator Mundi is one of fewer than 20 known surviving paintings by the Italian Renaissance master, one of history’s ...

DUBAI / Emirates Business From facial recognition and iris scans, to crypto currency, the UAE’s banking and finance security innovation is driving the GCC’s cybersecurity market to $8 billion in 2018, industry experts said. UAE banks are rapidly deploying multi-factor authentication to confirm a person’s identity, with several factors, such as a smartphone, a password, and a facial scan. The ...

DUBAI / WAM It is estimated that Small and Medium Enterprises (SMEs) contribute 40 percent to Dubai’s GDP and employ 42 percent of the total workforce, said Fahad Al Gergawi, CEO of Dubai Investment Development Agency (Dubai FDI). In a statement released on the occasion of ‘Micro, Small and Medium-sized Enterprises Day’, which is observed on June 27, Al Gergawi, ...

Abu Dhabi / WAM Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, and the Hong Kong Monetary Authority (HKMA) signed a cooperation agreement on Tuesday to jointly promote and enable financial services innovation, and accelerate cross-border FinTech business opportunities in Hong Kong and the UAE. With this agreement, ADGM has established strategic FinTech collaborations with eleven leading ...

KATHMANDU / WAM The UAE is the third largest exporter to Nepal as the trade exchange between the two countries amounted to $425.2 million in 2017, a 14.4 percent annual growth compared to 2016, Abdullah Salih Al Salih, Under-Secretary of the UAE Ministry of Economy for Foreign Trade Affairs, said. Speaking on Monday at the opening ceremony of the UAE-Nepal ...

Abu Dhabi / WAM With the objective of providing deeper insights on its cyber threat intelligence sharing platform, the UAE Banks Federation (UBF), on Tuesday hosted a workshop on ‘TASHARUK’ for its member banks in Abu Dhabi. Organised by the UBF’s Information Security Committee for the heads of information and cyber security within the banks in the UAE, the workshop ...

Abu Dhabi / WAM Matar Salim Ali Al Dhaheri, Under-Secretary of the Ministry of Defence, on Tuesday received Lt. General Sir John Lorimer, UK’s Defence Senior Adviser on the Middle East, and his accompanying delegation. During the meeting, Al Dhaheri welcomed Lt. General Lorimer and praised the relations between the UAE and UK which he said are witnessing great development ...

Dubai / WAM The Ministry of Human Resources and Emiratisation announced the new fees for recruiting domestic workers, via four packages provided across 11 ‘Tadbeer’ service centres. Khalil Ibrahim Khouri, Assistant Under-Secretary for Assistive Employment Affairs, highlighted the ministry’s desire to provide packages at reasonable prices for recruiting domestic workers, according to specific criteria adopted by the ministry through the ...

NEW YORK / WAM “Diplomacy will always be key to solving the region’s crises, so we must renew our efforts to see it strengthened,” said Lana Nusseibeh, Ambassador and Permanent Representative of the UAE to the United Nations, at a critical UN Security Council debate on the situation in the Middle East and North Africa chaired by the Deputy Foreign ...

Abu Dhabi / WAM The United Arab Emirates, as part of the Saudi-led Arab Coalition, views the safety of civilians in the Red Sea port of Hodeidah and the delivery of humanitarian aid to them as being “of the utmost significance,” according to Reem bint Ibrahim Al Hashemi, Minister of State for International Cooperation. She added that “We have set ...