Local News

UNHCR briefed on UAE’s extensive projects in Aden

Aden / WAM Saeed Al Ali, Head of the Emirates Red Crescent (ERC), in the Yemeni interim capital Aden, has met with a delegation of the United Nations High Commissioner for Refugees (UNHCR), headed by Jacqueline Parlevliet, Head of UNHCR Sub Office in Yemen. During the meeting, the two sides reviewed the ERC’s humanitarian and relief activities as part of ...

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Experts discuss importance of food sustainability

Dubai / WAM “Zero Waste: Food for Thought” was the topic of a panel discussion organised by the Emirates Environmental Group (EEG), where experts highlighted the importance of sustainable sourcing, production and consumption of food. The panelists shared unique best practices and challenges within wide-ranging disciplines in promoting sustainability along the food value chain, from farm to fork. As a ...

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Enoc expands jet fuel operations in Nigeria

Dubai / WAM Emirates National Oil Company (Enoc), signed an aviation technical and marketing services agreement with Raven Energy, to support its jet fuel supply operations in Nigeria. Commenting on the agreement, Saif Humaid Al Falasi, Group CEO of ENOC, said, “Today, we supply in excess of 2.8 million US gallon of jet fuel per day to a diversified portfolio ...

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Louvre Abu Dhabi to unveil one of world’s rarest paintings

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 ...

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GCC cybersecurity sector to top $8 billion in 2018

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 ...

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SMEs add 40% to Dubai’s GDP

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, ...

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ADGM, Hong Kong sign deal to advance Fintech cooperation

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 ...

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UAE and Nepal trade grows 14.4% to $425.2mn in 2017

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 ...

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Workshop to raise cyber security awareness held

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 ...

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UAE, UK discuss boosting cooperation

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 ...

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