Local News

Ministry launches travel, safety advice campaign

Abu Dhabi / WAM The Ministry of Foreign Affairs and International Cooperation launched a new travel advice campaign for UAE nationals planning to travel abroad, to ensure their safety and fulfil its role in facilitating their travel and stay abroad, coinciding with the Eid-al-Fitr holiday and the start of the country’s summer holidays. Rashid Ali Al Dhaheri, Director of the ...

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ERC to distribute Eid clothing in Hadramaut

Abu Dhabi / WAM The Emirates Red Crescent (ERC), has launched in Mukalla, Hadramaut Governorate, its third charity project to distribute Eid clothing. The project aims to distribute 7,000 clothes to the families of martyrs, children with disabilities and low-income families, as per the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and ...

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UAE to highlight importance of space sector at UN conference

Abu Dhabi / WAM The UAE will participate in the United Nations Conference on the Exploration and Peaceful Uses of Outer Space, ‘UNISPACE +50’, in the Austrian capital, Vienna, which will be held between June 18-21. The country will participate through a high level delegation from the UAE Space Agency, led by Dr Ahmad bin Abdullah Humaid Belhoul Al Falasi, ...

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ICD profit hits $6.7bn in 2017

Dubai / WAM Investment Corporation of Dubai (ICD) has announced its consolidated financial results for year ended December 31, 2017, delivering record revenues of AED 200.9 billion and an improved net profit of AED24.6 billion. Revenues increased to AED200.9 billion, an increase of 13.8 percent from the prior year period, supported by higher revenues in the oil and gas and ...

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ADGM and Astana financial authority boost cooperation

ABU DHABI / Emirates Business A statement of cooperation has been signed by the CEO of Astana Financial Services Authority (AFSA) Stephen Glynn and Chief Executive of the Registration Authority of Abu Dhabi Global Market (ADGM) Dhaher Bin Dhaher Al Mheiri. The objective of the statement of cooperation is to work towards the attainment of the mutual understanding of legislative, ...

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University of Sharjah, NPCC to create national talent pool

SHARJAH / WAM The University of Sharjah (UoS), and the National Petroleum Construction Company (NPCC) have signed a Memorandum of Understanding that aims to support and provide work, training, and professional development opportunities for the UAE national students. Hamid MK Al Naimiy, Chancellor of the University, str-essed that, due to the support and guidance of HH Dr Sheikh Sultan bin ...

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Dubai hotel occupancy tops 86%

DUBAI / Emirates Business The Middle East hospitality market witnessed a steady growth in occupancy during the first quarter of 2018, according to the latest EY Middle East Hotel Benchmark Survey Report. Except for Jeddah, Beirut, hotel occupancy across the Mena region saw an increase when compared to the first quarter of 2017. This increase was primarily due to a ...

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Abdullah, Hadi review Yemen issue

MAKKAH / WAM President Abdrabbuh Mansour Hadi of Yemen received His Highness Sheikh Abdullah bin Zayed Al Nahyan, UAE Minister of Foreign Affairs and International Cooperation, to take a stock of the latest developments in Yemen, ongoing efforts to restore stability to all Yemeni territories and the delivery of humanitarian and relief assistance to the fraternal Yemeni people. His Highness ...

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Sharjah Media Corporation donates AED3 million to build hospital for Rohingya refugees

Sharjah / WAM Sharjah Media Corporation (SMC) has donated AED3 million to The Big Heart Foundation (TBHF) – a Sharjah-based humanitarian charity dedicated to helping refugees and people in need worldwide – to build a hospital in the Cox’s Bazar district of Bangladesh for Rohingya refugees. Within the first year, the hospital is expected to receive 7,200 inpatients and provide ...

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UAE’s forward-looking approach can lead advanced skills portfolio

Dubai / WAM Dr Ahmad bin Abdullah Humaid Belhoul Al Falasi, Minister of State for Higher Education and Advanced Skills, said that the UAE will lead the advanced skills portfolio through its forward-looking approach and will be launching several projects and initiatives in this regard. The minister’s remarks came during the second season of the Dubai Future Academy’s ‘Pioneer Series’ ...

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