ABU DHABI / WAM The Waste Management Centre – Abu Dhabi, known as Tadweer, has organised a clean-up and awareness campaign at the fishermen’s port in Abu Dhabi, targeting boat owners and residents, in order to preserve the sea and marine wealth. Faris Al Mazrouei, Acting Project Manager of Collection and Transport at the organisation, said, “This campaign is part ...
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High-level meet discusses ways to boost local maritime industry
ABU DHABI / Emirates Business The Dubai Maritime City Authority (DMCA) received high-level delegation from Land and Sea Ports Sector of General Directorate of Residency and Foreigners Affairs led by Brigadier Salah Ahmad Al-Qamzi, Assistant Director General of the Land & Sea Ports Sector, in its headquarters in Dubai. The meeting underscored the importance of an integrated government system to ...
Read More »Etihad recognises partnership with women for Emirati Women’s Day
ABU DHABI / WAM Etihad Aviation Group (EAG) is celebrating the third annual Emirati Women’s Day with a series of events to highlight this year’s theme, “Women are Partners in Givingâ€, in line with the UAE’s 2017 #Year of Giving initiative. Women comprise 36 percent of EAG’s nearly 26,000-strong workforce, many of whom are working alongside men in what are ...
Read More »Abu Dhabi’s non-oil trade with 4 nations hits $3bn
ABU DHABI / WAM The Emirate of Abu Dhabi’s non-oil trade with four GCC states hit AED11.33 billion ($3bn) during the first five months of the year, with the Kingdom of Saudi Arabia coming on top of the emirate’s Gulf trade partners. According to the Statistics Centre- Abu Dhabi, the four countries, which include Kingdom of Saudi Arabia, Kingdom of ...
Read More »Global information security spending set to grow by 7%
DUBAI / Emirates Business Worldwide spending on information security products and services will reach $86.4 billion in 2017, an increase of 7 percent over 2016, with spending expected to grow to $93 billion in 2018, according to the latest forecast from Gartner, Inc. Within the infrastructure protection segment, Gartner forecasts fast growth in the security testing market (albeit from a ...
Read More »Money supply aggregate M1 down 1.9 percent
ABU DHABI / WAM The Central Bank announced that the money supply aggregate M1 decreased by 1.9 percent, from AED507.1 billion at the end of June 2017 to AED 497.5 billion at the end of July 2017. The money supply aggregate M2 decreased by 0.2 percent, from AED1267.1 billion at the end of June 2017 to AED1264.4 billion at the ...
Read More »Industrial Development Bureau takes stock of AED2.5bn factories
ABU DHABI / WAM Officials from the Industrial Development Bureau of the Department of Economic Development, visited three new factories in the Emirate of Abu Dhabi, which started their operation in 2017 with a total investment value of AED2.471 billion. The first company was Taweelah Aluminium Extrusion Company LLC (TALEX) which specialises in the field of metal coating as well ...
Read More »Mohamed commits $5mn to ‘Gavi’
GENEVA / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has committed $5 million to Gavi, the Vaccine Alliance, to support its Innovation for Uptake, Scale and Equity in Immunisation (INFUSE) initiative. His Highness Sheikh Mohamed bin Zayed has provided $33 million for the work ...
Read More »Decree on Emirates Identity Authority law issued
The Board shall have a renewable membership term of three-years, and whenever a member’s seat has become vacant, another member shall be appointed for the rest of the membership period, and the Vice-President shall replace the Chairman in his absence. The Chairman of the Board shall issue the Statutes and Internal Regulation of the Board after approval by other board ...
Read More »Excise Tax to generate AED7bn annual revenues for fed budget
DUBAI / WAM The Excise Tax Law shall come into play effective October 1 in the UAE, Ministry of Finance told Emirates News Agency (WAM). “The Tax shall impact all excise goods consumed inside the country, including all the country’s free zones and ports,†said Younis Haji Al Khouri, the Undersecretary of the Ministry of Finance, in exclusive statements to ...
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