Local News

Google to train 4,000 journalists in MENA

Abu Dhabi / WAM The newly launched Google News Initiative together with Google News Lab will offer free training to 4,000 journalists in the Middle East and North Africa region to help journalists advance their editorial, research, writing, fact-checking and editing skills, over the next 12 months, a senior Google official told delegates at the Arab Media Forum. “We have ...

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Abu Dhabi to host world’s largest cultural summit on Apr 8

Abu Dhabi / WAM Seeking to forge cultural solutions for today’s global challenges, delegates from more than 80 countries will attend CultureSummit 2018 in Abu Dhabi on April 8, making it the largest global gathering of top government officials, philanthropists, arts administrators, business leaders, technologists and artists in the world. The summit’s action-driven programme of expert panels, discussions and workshops ...

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Mother of the Nation Festival entertained 151,000 visitors

Abu Dhabi / Emirates Business Organised by the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), the third edition of Mother of Nation Festival has concluded with the event entertaining and delighting more than 151,000 visitors from across Abu Dhabi, the UAE and beyond with a highly interactive programme for the entire family to enjoy, including performances, ...

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FANR board reviews operational activities at Barakah plant

Abu Dhabi / WAM The Board of Management of the UAE Federal Authority for Nuclear Regulation (FANR), convened its second meeting in 2018 to review the progress of its operational activities and discuss its initiatives for the current year. During the meeting, the Board learned about the latest updates in its operating licence application for units 1 and 2 of ...

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‘Artificial Intelligence can never replace human journalists’

Dubai / WAM While Artificial Intelligence (AI), is making inroads into journalism, human journalists will not be replaced by robots. AI will mainly be used to assist humans in adapting to the latest technology trends to better suit the needs of new age media, said an expert. Lisa Gibbs, Director of News Partnerships of The Associated Press (AP), was addressing ...

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UAE offers $500mn to support Yemen

Geneva / WAM Reem bint Ebrahim Al Hashimy, Minister of State for International Cooperation, said, “We are confirming the UAE’s support, as part of the Arab Coalition, for any efforts to ease the suffering of the Yemeni people, and I am pleased, on my country’s behalf, to announce our support for the UN’s 2018 humanitarian plan for Yemen, with the ...

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Senaat’s operating profit up 16% to AED2.1 billion

ABU DHABI / WAM Senaat, one of the leading industrial investment holding companies in the UAE, announced on Tuesday a 16 percent increase in operating earnings in 2017 compared to 2016. The Abu Dhabi-based group said its earnings before interest, tax, depreciation and amortisation (Ebitda) rose to AED2.1 billion from AED1.8 billion a year earlier as revenues surged 18 percent ...

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AED38.4bn in social benefits, subsidy by govt in nine months

ABU DHABI / WAM The value of subsidy and social privileges and benefits provided by the Federal Government during the first nine months of 2017 amounted to AED38.4 billion against AED34 billion during the corresponding period in 2016, according to the Ministry of Finance data. These include price subsidies, social benefits and other privileges provided to UAE nationals, including plots ...

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UAE banks’ lending hits AED7.4 billion in two months

ABU DHABI / WAM Lending by UAE banks for industrial and business operations amounted to AED7.4 billion during the first two months of the year, a growth of 1 percent over the end of last year, bringing to AED755 billion the cumulative balance of funding provided to industrial and business activities. The gross credit lent to the industrial and business ...

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Abu Dhabi group takes stake in US venture fund

DUBAI / AGENCIES 500 Startups, a Silicon Valley venture fund with a track record of investing in young companies, said on Tuesday Abu Dhabi Financial Group (ADFG) had acquired a strategic stake in the firm. Through this investment, ADFG will hold a strategic stake and will be injecting substantial capital to accelerate the growth of 500’s key initiatives, expand into ...

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