Local News

  Rabat / WAM A proposal from the UAE to develop innovative plans to help other Arab countries in addressing current economic and financial problems, while boosting economic development, was presented to Arab finance ministers at the eighth ordinary session of the Council of Arab Ministers of Finance, being held in Rabat, Morocco. The proposal can help achieve significant progress in ...

  Dubai / WAM The first branch of the UAE Foodbank opened on Wednesday in the Al Quoz area in Dubai. During the opening ceremony, HH Sheikha Hind bint Maktoum bin Juma Al Maktoum, Chairperson of the UAE Foodbank Board of Trustees said, “I am extremely proud to see the first branch open only three months after the announcement of the ...

  Abu Dhabi / WAM The Tourism Development and Investment Company (TDIC), the master developer of major tourism, cultural and residential destinations in Abu Dhabi, announced on Wednesday that 60 per cent of the units has been sold after unveiling a compelling selection of residential units on Saadiyat Island at Cityscape Abu Dhabi 2017, taking place from April 18-20 at the ...

  ABU DHABI / WAM Dr Sultan Ahmed Al Jaber, UAE Minister of State, ADNOC Group CEO and Chairman of the UAE’s National Media Council, on Wednesday shared details of ADNOC’s 2030 strategy, which will deliver smart growth and long-term value and profitability, with leading local and regional media. Dr Al Jaber was speaking at the third GCC Petroleum Media ...

  Abu Dhabi / Emirates Business Abu Dhabi Fund for Development (ADFD) announced a contribution of AED330 million (US$90 million) to implement development projects and programs in key sectors in Somalia, particularly infrastructure and transport. The contribution underpins efforts to improve public services, create new job opportunities and ensure stability and social development. Moreover, the AED330 million aims to help ...

  DUBAI / Emirates Business Imdaad, the GCC’s leading integrated facilities management (FM) company based in Dubai, recently entered into a three-year-agreement with Emarat, one of the largest suppliers of petroleum products in the UAE, to deliver innovative, sustainable, and integrated general waste collection services. The scope of the contract includes Emarat’s 47 stations, atrium building, head office, central workshop, ...

  DUBAI / WAM Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy, said the UAE sees a healthy level of demand for crude oil in the future from emerging economies in Africa and Asia, and that UAE would remain commercially-minded in its strategic oil investments. Al Mazrouei’s comments came during a session on the region’s oil policy moderated ...

  FUJAIRAH / WAM The Government of Fujairah is committed to opening new prospects for investment in mineral resources, according to HH Sheikh Mohammed bin Hamad bin Mohammed Al Sharqi, Crown Prince of Fujairah, during the Fifth Fujairah International Forum for Industrial Rocks & Mining on Tuesday. He stressed the need for introducing flexible legislations that support efforts to conserve ...

  DUBAI / WAM Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority (DEWA), and a delegation from Dell technologies headed by Michael Dell, CEO and founder of the US-based tech giant, have met to discuss ways of enhancing mutual cooperation and exchange expertise and international practices seen as the best in smart networks, information ...

  DUBAI / WAM Brazilian exports of textiles and clothing to the Arab region surged during the first two months of 2017, increasing by 87.5 per cent compared to its performance during the same period in 2016, according to the Arab Brazilian Chamber of Commerce, ABCC. The huge demand for synthetic fabric and sisal rope used in ships and rigs ...