Local News

RTA takes part at CIECA conference in Madrid

  WAM The Roads and Transport Authority (RTA), represented by a delegation from the Licensing Agency, has attended the conference held by the International Commission for Driver Testing (CIECA) in Madrid, Spain. The event focused on the best practices adopted in training, qualifying and licensing of drivers, and sharing expertise with the Licensing Agency. The overall objective of the event ...

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Liwa festival kicks off with best dates

  Emirates Business Over 100 baskets of dabbas were lined up on tables, awaiting judgement for the tastiest, healthiest and the best looking date. This variety of date, especially popular in Liwa oasis, was the first of the 10 ratab — half ripen dates — competitions to start the 12th annual Liwa Dates Festival. Organised by the Cultural Programmes and ...

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‘Summer Fun’ at Al Majaz pulls huge turnout of visitors

  Emirates Business Visitors to Al Majaz Waterfront in Sharjah can enjoy a host of new activities on offer, with the premier tourist and leisure destination having commenced its exciting ‘Summer Fun’ annual programme which will run every weekend (on Thursday and Friday) until the end of August. Starting on the first day of Eid Al Fitr, Summer Fun at ...

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Central Bank announces results

  ABU DHABI / WAM The Central Bank of the UAE announced that the Money Supply aggregate, M1, decreased by 1.6%, from AED 488.9 billion at the end of May 2016 to AED 481 billion at the end of June. The Money Supply aggregate M2 decreased by 0.5%, from AED 1186.4 billion at the end of May 2016 to AED ...

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Mohamed bin Zayed, Emir of Qatar discuss ways to boost fraternal ties

  Doha / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and H.H. Sheikh Tamim bin Hamad Al Thani, the Emir of Qatar, have examined ways of promoting fraternal relations between the two countries and their brotherly peoples, as well as overall regional and international issues ...

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ADIA strides ahead, fulfills its mission

  Abu Dhabi / WAM The Abu Dhabi Investment Authority (ADIA) on Wednesday published its 2015 ADIA Review, providing a thorough overview of its activities over the past year and the outlook for the year ahead. It includes a detailed analysis of market conditions across the many asset classes in which the authority invests and explains developments within each of its ...

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DED sees surge in new, renewed biz licenses

  Dubai / WAM The Department of Economic Development (DED) in Dubai saw a substantial increase in the number of transactions related to business licenses as well as the number of licenses issued during the second quarter (Q2) of 2016. A total of 119,630 transactions were done during the period, which was 34.9 percent higher than 88,688 transactions carried out during ...

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Emirates Post Group adds 2 more countries to network

  Dubai / WAM The Emirates Post Group has added South Africa and Uzbekistan to its Express EMS network, enabling UAE customers to send documents and other shipments to these two countries. EPG’s Express EMS service now covers 111 countries globally, providing customers with a cost-effective and speedy channel to send shipments internationally. Chief Commercial Officer of EPG, Ibrahim Bin Karam, ...

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Khalifa Varsity students represent UAE at Sheikh Zayed Institute’s Innovators Programme in Washington

  Abu Dhabi / WAM Four students from Khalifa University (KU) participated in the Sheikh Zayed Institute for Paediatric Surgical Innovation’s annual Student Innovators Programme (SIP), a summer programme taking place at the Children’s National Medical Center in Washington, DC. The students were selected alongside 20 others from universities around the world, and will have access to world-class paediatric healthcare facilities ...

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Mashreq posts 9.4% growth in operating profit in first half

  Dubai / Emirates Business Mashreq, one of the leading financial institutions in the UAE, on Wednesday has reported its financial results for the first half ending June 30, 2016. The bank has posted a net profit for the first of 2016 AED 1.1 billion, which stable compared to the normalized net profit of 1H 2015. Mashreq’s CEO, HE AbdulAziz ...

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