Abu Dhabi / WAM The UAE, represented by the Emirates Red Crescent (ER), has intensified its humanitarian giving campaign in Yemen during 2017, by contributing to the development of the country’s six primary sectors: education, health, security, relief, infrastructure and housing, after the wave destruction inflicted by the Iran- backed Houthi militias on the nation’s economy. Receiving widespread local and ...
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Sharjah / WAM The Sharjah Islamic Bank (SIB) has successfully completed the issuance of AED266.8 million worth of Sukuk convertible into equity of the bank to the Sharjah Social Security Fund (SSSF). The move came in line with the Year of Giving (2017) under the patronage and the wise vision of His Highness Dr Sheikh Sultan bin Mohammed Al Qasimi, ...
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Dubai / Emirates Business Atlantis, The Palm teamed up with luxury US caviar company AmStur this New Year’s Eve to create the impossible and break the Guinness World Record for the world’s largest caviar tin. The 50kg serving of caviar was presented to guests at the resorts’ Gala Dinner and smashed the previous Guinness World Record for the world’s largest ...
Read More »Hadramaut / WAM The Emirates Red Crescent (ERC) on Monday distributed food supplies in a number of student dormitories at the Medical Sciences Institute, the Trim and Al Soum secondary schools for boys and the Vocational Institute at Hadramaut Valley as part of the Student Relief Programme provided by the UAE in support of the brotherly people of Yemen. Saeed ...
Read More »Abu Dhabi / WAM The Ministry of Finance (MoF) has announced that the Federal Financial System has been updated and is ready to manage all financial transactions related to the value added tax (VAT). All federal entities linked to the Federal Financial System are able to perform various VAT-related transactions through the system, which has been updated in conjunction with ...
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Egypt / Emirates Business Dr Ismail Abdel Ghafar, President at the Arab Academy for Science, Technology and Maritime Transport (AASTMT) and Marasi News signed a protocol for media collaboration that aims at highlighting the great economic capabilities infatuated by the Arab maritime sector. The agreement also reinforces the strategic role of the Arab Academy as one of the most important ...
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DUBAI / WAM The Board of Directors of the Sheikh Zayed Housing Programme on Wednesday approved housing support for 449 eligible Emiratis with a total value AED322 million. The housing support is part of the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, and Vice President and Prime Minister of the UAE and Ruler of Dubai, His ...
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CASABLANCA / WAM The Abu Dhabi National Oil Company (ADNOC) and the OCP Group of Morocco (OCP) announced on Wednesday the signing of a long-term sales agreement whereby ADNOC will supply OCP with granulated Sulphur. Under the agreement, ADNOC, one of the world’s largest exporters of Sulphur, will steadily supply OCP, the largest worldwide Sulphur importer, until 2025. The two ...
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DUBAI / WAM Seventeen new judges including five Emiratis at the Dubai first instance courts have sworn-in before His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, at Zabeel Palace. HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, and ...
Read More »DUBAI / Emirates Business Travel is expected to peak once again at the end of the year for Emirates, as the airline expects yet another busy period with visitors flocking into Dubai for New Year’s celebrations. Over 250,000 people are expected to arrive into Dubai from December 28 until just after New Year’s Day, while 200,000 travellers will be departing ...
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