Local News

UAE’s non-oil trade volume hits 213mn tons

  Abu Dhabi / WAM The UAE non-oil total foreign trade volume of 2015 reached approximately AED 1.56 trillion, with the direct trade data. The FCA data indicated that the share of imports of the UAE total foreign trade amounted to AED 952.3 billion during 2015. The native gold and semi-processed gold come on top of the imported goods during the ...

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Abu Dhabi wins bid to host IDF Congress 2017

  Abu Dhabi / WAM Abu Dhabi has been selected to host the International Diabetes Federation (IDF) World Diabetes Congress, the biennial international health congress which provides a unique forum for sharing best practices and the latest achievements in diabetes research worldwide. The event will be held at Abu Dhabi National Exhibition Centre, the capital’s premier event venue, in December 2017. ...

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SCCI renews MoU with China Council to promote trade

  Sharjah / WAM The Sharjah Chamber of Commerce and Industry (SCCI) renewed a Memorandum of Understanding (MoU) and cooperation with the China Council for the Promotion of International Trade. The MoU was signed at the headquarters of the Sharjah Chamber by Khaled bin Butti Al Hajri, Director-General of the SCCI, and Yu Jianlong, Vice-Chairman and Secretary-General of the China International ...

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Switzerland confirms participation at Expo2020

  Dubai / WAM HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Expo 2020 Dubai Higher Committee, Chairman of Dubai Civil Aviation Authority and Chairman of Emirates Group met with Maya Tissafi, Ambassador of Switzerland to the UAE, where Switzerland confirmed officially its intent to participate in Expo 2020 Dubai. Sheikh Ahmed said, “Expo 2020 Dubai will be an ...

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UAE and USA discuss counter-terrorism efforts

  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, held talks on Tuesday at Al Shatea Palace with visiting Secretary of Defence, Ashton Carter, centred on efforts being exerted by the international community to counter terrorism, violence and terrorist groups as well ...

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AUH records 6mn passengers

  ABU DHABI / Emirates Business Abu Dhabi Airports reported a 9.5% increase in passenger traffic during the first quarter (Q1) of 2016 at Abu Dhabi International Airport (AUH), compared to Q1 in 2015. Between January and March this year, 6,044,025 passengers travelled through AUH, compared with 5,521,110 during the same period last year. Aircraft movements rose to 42,204, representing ...

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ENEC completes construction of concrete dome for Unit 2 RCB

  ABU DHABI / WAM The Emirates Nuclear Energy Corporation (ENEC) on Tuesday announced the completion of the construction of the concrete dome for the Unit 2 Reactor Containment Building (RCB), another major achievement in the development of the UAE’s nuclear energy programme. The dome is the final structural component of the vast Reactor Containment Building, which now measures more ...

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FANR Board reviews first-quarter performance

  ABU DHABI / WAM The UAE’s Federal Authority for Nuclear Regulation (FANR) Board of Management held its second meeting of 2016 on Tuesday to assess FANR’s performance so far this year and to provide guidance for upcoming FANR projects and activities. Led by Board Chairman Abdulla Nasser Al Suwaidi, the Board meeting discussed FANR’s accomplishments in the first quarter ...

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Dubai Parks and Resorts to raise AED2.67bn for theme park

  DUBAI / WAM Dubai Parks and Resorts is seeking to raise a total of AED2.67bn in additional financing, of which Dh1.68bn is being raised through the Rights Issue with the remaining AED 993 million through debt financing secured from Abu Dhabi Commercial Bank, Dubai Islamic Bank and Sharjah Islamic Bank. In a statement, Dubai Parks and Resorts confirmed that ...

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UAE ranks first in Arab foreign trade: WTO

  DUBAI / WAM The United Arab Emirates remains one of the world’s top trading economies, ranking 20th globally and first in the Middle East and Africa in commodity exports. It also placed 19th internationally in commodity imports and led the MENA region in overall commodity trade, with regional exports totalling USD 265 billion to account for 1.6 percent of ...

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