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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 ...

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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 ...

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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 ...

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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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Ramadan working hours for private sector announced

  ABU DHABI / WAM The Ministry of Human Resources and Emiratisation has announced that working hours for private-sector employees during Ramadan will be reduced by two hours daily. All private sector entities operating in the country are required to comply with its provisions, the ministry said in a circular, which is issued in implementation of the Federal Decree-Law No. ...

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UAE first in Mena region in overall influence: GSPI

  DUBAI / WAM The United Arab Emirates (UAE) has been ranked first regionally and 10th globally for Influence in the Global Soft Power Index (GSPI) 2022. The UAE advanced to 15th place globally in the overall GSPI ranking, up from last year’s 17th in the GSPI 2021. The country sits at the top in the region and remains at ...

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UAE reinforcing its stature as international economic centre

  ABU DHABI / WAM The UAE is confidently reinforcing its stature as an international economic centre based on a sustainable economy and comprehensive economic partnerships with eight countries, which account for 26 percent of the world’s population, through starting a new era of strategic cooperation with these countries. The UAE is forging comprehensive partnership agreements with this group of ...

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Dana Gas to increase its dividend payout by 45%

Sharjah / WAM The Board of Directors of Dana Gas has announced that it will recommend the distribution of a 4.5 fils per share cash dividend for the second half of 2021, to bring the total dividend for the year ended December 31, 2021 to 8 fils per share, a 45% increase compared to 2020. For the full year 2021, ...

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Emirates sets June 23 date for Tel Aviv launch

  DUBAI / WAM Emirates has confirmed that it will be commencing daily services to Tel Aviv from June 23. Emirates will operate its three-class Boeing 777-300ER on the route, featuring eight private suites in First Class, 42 lie flat seats in Business Class and 304 spacious seats in Economy Class. Adnan Kazim, Chief Commercial Officer, Emirates Airline, said, “We ...

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Sheikh Mohamed, Japanese PM discuss ties, Ukraine crisis

  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, has received a phone call from Fumio Kishida, Prime Minister of Japan. During the call, His Highness and the Japanese Prime Minister discussed the strategic relations between the two countries and ways to ...

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