Abu Dhabi / WAM Abu Dhabi National Insurance Company (Adnic) approved the distribution of 40 percent cash dividends (AED0.40 per share, implying total cash dividends of AED228 million) for the financial year ended December 31, 2021, after concluding it Annual General Meeting (AGM) on Wednesday. All items on the agenda for the AGM were discussed and approved. Shareholders also approved ...
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Abu Dhabi, Kazakhstan to expand business ties
ABU DHABI / WAM Chairman of Abu Dhabi Chamber of Commerce and Industry, Abdullah Mohamed Al Mazrui, and Ambassador Madiar Menilikov of Kazakhstan to the UAE, discussed the latest developments in economic cooperation between Abu Dhabi and Kazakhstan. Held at the chamber’s tower in Abu Dhabi, the meeting highlighted the development in cooperation ties between the two sides over ...
Read More »UAE to join Singapore convention to help boost international trade
ABU DHABI / WAM The UAE will join the Singapore Convention on Mediation to help facilitate international trade and investment and promote the appeal of mediation as a mechanism of resolving commercial disputes with a cross-border dimension. Supported by the UAE Ministry of Foreign Affairs and International Cooperation (MoFAIC), Ministry of Justice (MoJ), and Abu Dhabi Global Market (ADGM), ...
Read More »FTA launches new website
ABU DHABI / WAM The Federal Tax Authority (FTA) has launched its newly developed website www.tax. gov.ae to further improving tax system efficiency in the country. The website has unique features to enable people of determination to access services and information with complete ease. It provides sign language to obtain a virtual assistance service that directly answers the questions ...
Read More »Sheikh Mohamed, UK’s Boris Johnson discuss partnership
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, on Wednesday discussed with Boris Johnson, the Prime Minister of the United Kingdom (UK), the historical friendly relations between the UAE and the UK, the joint cooperation and coordination in various fields, in addition ...
Read More »Airport Show to highlight latest technology for green airports
Dubai / WAM With officials becoming focused on sustainability to ensure a better future for the airport industry, Reed Exhibitions Middle East is focusing on sustainability at the world’s largest airport industry B2B platform that will be organised from May 17-19 at the Dubai World Trade Centre (DWTC). The 21st edition of Airport Show, under the patronage of HH ...
Read More »Mauritius opens its representative office in Dubai to boost trade
DUBAI / WAM The Economic Development Board (EDB), the national investment promotion agency of the government of Mauritius, has opened a new representative office at headquarters of Dubai Chambers, with the aim of promoting bilateral ties and identifying opportunities in the UAE that Mauritian companies can benefit from. The new office is part of joint cooperation efforts between Dubai ...
Read More »UAE, Argentina have deeply rooted strategic relations
Abu Dhabi / WAM Gerardo Zamora, Governor of Santiago del Estero, Argentina, said his country and the UAE have deeply rooted strategic ties that are advancing in many areas, including the economic, investment and commercial sectors. In an interview with the Emirates News Agency (WAM), Zamora, who is visiting the country leading a trade delegation from Argentina, stressed that ...
Read More »Q Holding launches its operations
ABU DHABI / WAM Q Holding PJSC, based in the Emirate of Abu Dhabi, launched on Wednesday as a leading global investment holding company, powerful business enabler and strategically astute platform redefining the future of successful, sustainable growth for stakeholders while enabling businesses to build their networks locally, regionally and globally on solid foundations of innovation. Abdulla Mohamed Butti ...
Read More »Insurance expenditures in UAE hit AED8 billion in 2021
ABU DHABI / WAM The General Pension and Social Security Authority (GPSSA) announced that in 2021 the estimated insurance expenditures reached over AED8 billion with an increase of AED499.4 million in comparison to 2020, during which the value of insurance expenditures amounted to AED7.5 billion. Speaking about the expenditure growth, Mohamed Saif Al Hameli, GPSSA’s Director-General, said, “We constantly ...
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