Local News

UAE-China trade rises 15% to $53bn in 2017

ABU DHABI / WAM The value of trade exchange between the UAE and China in 2017 grew to $53.3 billion (AED195.8 billion), compared to $46.3 billion (AED169 billion) in 2016, an increase of 15.1 percent. A report on the non-oil foreign trade exchange between the UAE and China explained that this increase is the result of the rise in re-exports ...

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MoF unveils smart platform to link e-revenue systems

ABU DHABI / WAM The Ministry of Finance (MoF) launched a smart unified platform service that links all e-revenue collection systems of the federal government, during a workshop by ministry, which saw participation of over 20 federal government entities. The platform was designed to connect all revenue collection e-Systems for Federal Government, which, enhances the delivery of public services to ...

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Expo 2020 ties up with DarkMatter to protect digital network, data

DUBAI / WAM Expo 2020 Dubai is teaming up with UAE-headquartered DarkMatter to deploy advanced cyber security technologies that will help safeguard Expo’s digital experience for millions of visitors and 180 country participants. As Expo 2020 Dubai’s Official Cyber Security Provider, DarkMatter is responsible for overseeing the cyber security of Expo 2020’s entire digital platform, as well as the applications ...

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CPI for health group up 3.1% in first quarter

ABU DHABI / WAM The Consumer Price Index (CPI) for the health group rose 3.1 percent to 103 points during the first quarter as compared to the corresponding period last year, according to figures issued by Statistics Centre – Abu Dhabi (SCAD). The figures showed an increase in prices of medical equipment, devices and diagnostic products of 4.7 percent during ...

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UAE economy to pick up pace over next two years

DUBAI / Emirates Business The UAE GDP is expected to accelerate to 2.6% growth in 2018 and to around 3.8% in 2019. The growth will be primarily driven by recovering oil prices, an expansionary fiscal stance at the federal and emirate levels, a buoyant trade and tourism environment and a pick-up in investment ahead of Expo 2020 in Dubai, according ...

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‘Focus on prevention to address root causes of conflict’

NEW YORK / WAM At a critical United Nations General Assembly meeting, the UAE reaffirmed its shared commitment to the “Responsibility to Protect.” “With the passing of time, historical memory of atrocities and crimes against humanity fades – and the significance of ‘never again’ wanes. However, we must not forget the events, actions, and inaction that led to such atrocities, ...

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Abu Dhabi to end free parking by August 18

ABU DHABI / WAM The Department of Transport (DoT), in Abu Dhabi has announced that it will fully implement Mawaqif parking in all areas in Abu Dhabi Island by August 18. The Department called upon all vehicle owners to cooperate and apply for resident parking permits before the implementation date to avoid violations. DoT said that this step comes in ...

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Dubai FDI signs deal to ease foreign investors licensing

Dubai / WAM Dubai FDI, the investment development agency of Dubai Department of Economic Development (DED), signed a Memorandum of Understanding (MoU), with VFS Global, one of the leading specialists on visa processing, identity and citizen services with presence across 139 countries to facilitate administrative processing requirements of investors, including visa and other documentation services. The partnership with VFS Global ...

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FANR discusses oversight of Barakah Nuclear Power Plant

Abu Dhabi / WAM The Board of Management of the UAE’s Federal Authority for Nuclear Regulation (FANR), convened its third meeting in 2018 to review progress of its work programme and discuss a number of activities to further enhance its oversight of nuclear and radiation activities. During the meeting, the board discussed the International Advisory Group (IAG), recommendations related to ...

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Etihad adopts new business structure

Abu Dhabi / Emirates Business Etihad Aviation Group (EAG) on Tuesday announced a new organisational structure and operating model, effective immediately, to deliver on its mandate as it embarks on the next phase of its transformation. The reorganisation is the next step in ensuring the group is fit for purpose to prosper as a people-focused business driven by innovation, safety ...

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