Local News

Dubai / WAM The Dubai Chamber of Commerce and Industry on Wednesday hosted the UAE-Moldova Business Forum at its premises, which was attended by a high-level Moldovan delegation led by Chiril Gaburici, the country’s Minister of Economy and Infrastructure. The forum, organised in cooperation with Moldova Investment and Export Promotion Organisation, MIEPO, highlighted attractive trade and investment opportunities in Moldova, ...

Cairo / WAM Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State, Chairman of the Board of Director of National Media Council (NMC), stated that the vision and directives of the UAE’s wise leadership emphasise moderation and tolerance while highlighting the importance of the role of the Arab media in raising awareness about all forms of hatred, extremism and ...

DUBAI / WAM Air Traffic Control is the cornerstone of the aviation sector and Dubai has implemented the most advanced procedure, keeping the safety of passengers and their timely travel as their ultimate priority and goal, Abdulla Al Hashmi, Executive Vice President for Operations at Dubai Air Navigation Services (dans). In his keynote address at the ATC Forum, a new ...

Dubai / WAM Nasdaq Dubai on Wednesday welcomed the listing of $500 million Sukuk by the Sharjah Islamic Bank (SIB). The listing supports the continuing expansion of SIB’s Sharia’a-compliant financial activities through its networks across the country including personal and corporate banking as well as investment banking and international services, on behalf of individual and institutional clients. Commenting on the ...

SEOUL / WAM Abu Dhabi Investment Forum was launched on Wednesday in Seoul, South Korea. The Forum is organised by Abu Dhabi Investment Office of the Department of Economic Development (DED) in Abu Dhabi in collaboration with the UAE Embassy in South Korea as part of the ADIO’s annual programme aimed at attracting FDI to the Emirate of Abu Dhabi. ...

Dubai / Emirates Business Bank of London and The Middle East (BLME), announced the opening of a branch in the Dubai International Financial Centre (DIFC). BLME is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Bank of London and The Middle East plc DIFC Branch is regulated by the Dubai ...

DUBAI / WAM Dubai Exports, the export promotion agency of the Department of Economic Development (DED) in Dubai, co-ordinated and led a multi-sector trade mission to Croatia to capitalise on the economic prospects in the country and its significance as an efficient gateway to the wider European Union (EU), as well as to Central and South Eastern Europe. The trade ...

ABU DHABI / WAM The Abu Dhabi City Municipality (ADM) completed the e-link project with Abu Dhabi Judicial Department — as part of both government institutions efforts to leverage performance, improve customer services, facilitate procedures and enhance communication channels. Under the project, official transactions will be based on a centralised digital system for both parties, as of March 2018. It ...

Dubai / Emirates Business Mashreq Bank, the UAE’s leading financial institution, on Tuesday announced that it will enter the non-bank financial institution (NBFI) space in India through an engagement with IL&FS Financial Services Ltd to offer external commercial borrowings (ECB) in Indian Rupees. Through the IL&FS Group, Mashreq will serve the Indian market across various verticals including financial services, power, ...

Abu Dhabi / WAM The UAE and Belarus have signed multiple cooperation agreements in media, disaster management, facilitation of customs procedures, and health sector on the eve of 4th joint Emirati-Belarusian committee ministerial meeting in Abu Dhabi on Tuesday. Dr Anwar bin Mohammed Gargash, Minister of State for Foreign Affairs, led the UAE side, and Belarus was represented by its ...