Local News

ABU DHABI / WAM The Central Bank’s gross bank assets, including bankers’ acceptances amounted to around AED2.639 trillion during the month of October against AED2.643 trillion that was recorded in September. According to the CB statistics released on Monday, gross credit increased to as much as AED 1.584 trillion during October, two percent up from AED1.58 trillion in September. The ...

DUBAI / WAM HH Sheikh Mansour bin Mohammed bin Rashid Al Maktoum inaugurated on Monday the new “Marinas” at the Mina Rashid Marina, which will harbour 5,000 yachts and boats and will accommodate 20,000 in the next few years. It is expected to be a new world-class touristic maritime and entertainment attraction. The project, carried out by P&O, part of ...

DUBAI / WAM The Ministry of Finance (MoF) organised a workshop titled ‘Practical Application for the Avoidance of Double Taxation Agreements’, in cooperation with Organisation for Economic Cooperation and Development (OECD). The workshop was held in the presence of Yousuf Mohammed bin Hajar, Deputy Director of International Financial Relations Department at MoF, and more than 60 representatives from the MENA ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Monday received Dmitry Rogozin, Deputy Prime Minister of Russia, at Qasr Al Bahr in Abu Dhabi. Sheikh Mohamed welcomed the visiting Russian Deputy Prime Minister and discussed bilateral relations and ways to enhance ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received on Monday at Al Shai Palace, Somali President Mohamed Abdullahi Mohamed, who is currently in a visit to the UAE. Sheikh Mohamed welcomed the Somali President and his accompanying delegation and discussed fraternal ...

Dubai / WAM Dubai Multi Commodities Centre (DMCC), the world’s leading Free Zone for trade and enterprise in Dubai, has confirmed that the development of its new 7,500 sqm DMCC Coffee Centre, close to Jebel Ali Port harbour, is underway, marked by a ground-breaking ceremony attended by China’s Mega Capital Halal and Yunnan State Farms Group. The DMCC Coffee Centre, ...

Abu Dhabi / WAM The media of the future will be driven by digital content, rather than by traditional forms, the Minister of Culture and Knowledge Development, Noura Al Kaabi, has said. In a series of tweets following her participation in the Young Arab Media Leaders Forum organised by the Arab Youth Centre, Al Kaabi said, “We know the future ...

Al Ain / WAM The Department of Culture and Tourism – Abu Dhabi announced its newest programme in Al Ain, ‘Al Qattara Cinema’, a platform to introduce UAE film-makers to the world. It aims to familiarise audiences with UAE films and their various artistic manifestations, providing a cinematic platform that marks local filmmakers and brings them closer to audiences as ...

Abu Dhabi / WAM The Ministry of Foreign Affairs and International Cooperation (MoFAIC), launched the third edition of the Humanitarian Emergency Response Manual, in cooperation with the United Nations Office for the Coordination of Humanitarian Affairs (UNOCHA). The new edition complies with the latest developments in the humanitarian sector and the emergence of new factors, which include climate change, conflicts ...

Dubai / WAM The Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF), will kick off its fourth annual Knowledge Summit on Tuesday, at the Dubai World Trade Centre (DWTC) until November 22. Held under the patronage of the Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, and the directives of MBRF Chairman H.H. ...