Local News

Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, affirmed that meeting the needs of the society, particularly social welfare and social services, is essential for the stability of societies and peoples. His Highness also emphasised that paying attention to citizens’ demands is one of ...

Abu Dhabi / Emirates Business Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has extended a concessionary loan of AED110 million ($30 million) to the Government of Mali to support its National Social Housing Programme. HE Mohammed Saif Al Suwaidi, Director General of ADFD, and HE Dr Boubou Cisse, Malian Minister of Economy and Finance, ...

Abu Dhabi / Emirates Business The UAE, the second biggest Arab economy, is leading the Arab World in attracting Foreign Direct Investment (FDI). In 2016, the UAE attracted 29 percent of the total FDI inflow in to the Arab World, Sultan bin Saeed Al Mansouri, UAE Minister of Economy, told the media in an interview ahead of the Annual Investment ...

DUBAI / WAM The Department of Economic Development (DED), in Dubai witnessed increasing business registration and licencing activities during the month of March 2018, reaffirming the emirate’s position as a preferred place for business start-ups and expansions. According to the ‘Business Map’ digital platform of DED, more than 26,410 business registration and licencing (BRL), transactions were completed in March, compared ...

SHARJAH / WAM For the first time in the region, the Khorfakkan Container Terminal (KCT) received on Saturday, the CMA CGM ANTOINE DE ST EXUPERY, France’s largest containership. The Vessel docked at the Port and about seven thousand containers were unloaded. Tariq Al Hammadi, Director of Security and Administrative Affairs at Khorfakkan Port, said the French ship had landed at ...

ABU DHABI / WAM Registration for Fikra Labs, an acceleration programme aimed at driving innovation and fostering entrepreneurship in the Abu Dhabi travel and tourism sector, has officially closed and the selected startups are now embarking upon a four-week incubation programme. Launched in early February as part of the UAE Innovation Month, the programme was led by four of Abu ...

DUBAI / WAM The total of the Foreign Direct Investments (FDI) in the UAE increased to more than AED1 trillion by the end of 2016, an indication of economic robustness, the UAE Federal Competitiveness and Statistics Authority (FCSA) said. According to the outcomes of a survey conducted by the FCSA, in association with local statistics authorities in the country, the ...

ABU DHABI / WAM Abu Dhabi’s Smart Solutions and Services Authority (ADSSSA) announced on Saturday that it has completed work on phase 1 of the integrated government project, Tamm. The Authority said that it has turned nine documents and services of 15 government bodies into integrated electronic data, thus saving AED80 million on the customers part and AED11 million on ...

Dubai / WAM In his capacity as the Ruler of Dubai, Vice President and Prime Minister of the UAE His Highness Sheikh Mohammed bin Rashid Al Maktoum ordered a three-year extension of the deadline for building private residences on lands granted by Dubai Government to Emiratis. The extension starts the day following the date of the previous deadline. The order ...

Dubai / WAM Dr Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development, and Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, got first-hand knowledge about the ministry’s application of Artificial Intelligence (AI), technologies in the federal highways projects while touring the site of the Kalba Ring Road development project. The new technology is expected to ...