Sharjah / WAM Sharjah Chamber of Commerce and Industry (SCCI), has called upon the private sector to support Al Dhaid Dates Festival, which will be held next month in Sharjah. Khalid bin Butti Al Hajeri, Director-General of the SCCI, emphasised that Al Dhaid Dates Festival is one of the most important tourism and marketing promotional initiatives on the chamber’s agenda. ...
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Bridge linking Al Khail Road and Financial Centre Road hits 90% completion
Dubai / WAM Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA), has announced that completion rate had exceeded 90 percent in the project works of the bridge running from Al Khail Road to the Financial Centre Road. Works in the AED177 million project, which is undertaken by RTA in coordination ...
Read More »UAE voluntary team treats children, elderly people in Sudan
Khartoum / WAM The UAE Voluntary Team have launched the mobile clinics and hospital in the White Nile State, Sudan, to provide medical treatment to hundreds of children and elderly people there. The joint team of Emirati-Sudanese doctors supervise the campaign within the framework of the UAE Societal Voluntary Programme. The move comes in response to the official invitation from ...
Read More »TBHF calls for Zakat donations to help Iraq, Syria, Palestine refugees
Sharjah / WAM As part of its efforts to alleviate the suffering of refugees and improve their quality of life, The Big Heart Foundation (TBHF), announced that it is welcoming all Zakat donations from individuals and corporations in the UAE. The funds generated from the campaign will go towards supporting refugees and displaced populations, particularly women and children. TBHF has ...
Read More »VP launches Dubai cyber security strategy
DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, accompanied by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, on Wednesday launched the ‘Dubai Cyber Security Strategy’ that aims to strengthen Dubai’s position as a world ...
Read More »Dirham-denominated banking deposits hit AED965.3 billion
ABU DHABI / WAM In a bullish sign reflecting the growing confidence in the UAE economy and improvement in the investment climate, UAE Dirham-denominated deposits with the banking sector in the country amounted to AED965.3 billion, claiming 70 percent of the value of total multicurrency banking deposits by end of April, 2017. According to UAE Central Bank data, deposits in ...
Read More »ADX launches Blockchain tech to boost transparency
ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX) has started implementing blockchain technology, enabling shareholders to overlook and participate with further transparency while using advanced e-voting techniques. The technology was used recently at Annual General Meetings (AGM), of the ADX for six listed companies including two private joint stock companies and four public joint stock companies. On this occasion, ...
Read More »ADGM’s new foundations regime to address regional, global needs
ABU DHABI / WAM Abu Dhabi Global Market (ADGM) has issued a public consultation paper inviting feedback on its proposal to establish a legislative and regulatory framework for foundations within ADGM. ADGM Foundations Regulations follow international best practice, including international regulatory obligations, and cater to the unique requirements of families and asset owners in Abu Dhabi, regionally and globally. Foundations ...
Read More »DIEDC witnesses record progress across Islamic economy initiatives
Dubai / WAM Sultan bin Saeed Al Mansouri, Minister of Economy and Chairman of the Dubai Islamic Economy Development Centre, DIEDC, has announced that the centre has made remarkable progress in three strategic sectors of the Islamic economy: Islamic finance, Halal trade and industry, and Islamic lifestyle. He noted that among the objectives of DIEDC’s updated strategy for 2017-2021, are ...
Read More »ADNOC inaugurates two new service stations in Abu Dhabi, Ras Al Khaimah
Abu Dhabi / Emirates Business ADNOC Distribution has announced the opening of two new service stations in Abu Dhabi and Ras Al Khaimah, taking the total number of service stations in its UAE-wide network to 447: these include 347 stations dedicated to vehicles and boats and 100 stations serving specialised sectors. The newly opened stations are the Tawazun service station ...
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