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UAE, Turkey discuss ways to boost trade ties

  ABU DHABI / WAM Abdullah Mohamed Al Mazrouei, Chairman of the Federation of UAE Chambers of Commerce and Industry and Chairman of Abu Dhabi Chamber of Commerce and Industry, has received Tugay Tuncer, Ambassador of Turkey to the UAE, at the chamber’s headquarters in Abu Dhabi. Al Mazrouei wished the Turkish Ambassador all the best in performing his duties ...

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UAE to mark International Day of Human Fraternity

  ABU DHABI / WAM The UAE will celebrate the International Day of Human Fraternity on Friday, designated by the United Nations (UN) General Assembly on an initiative by the UAE, Saudi Arabia, Bahrain and Egypt to make February 4 an annual occasion to encourage solidarity and unity between peoples and promote the values of tolerance. The occasion constitutes the ...

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Tadweer adopts NOC system for infra and facilities projects

  Abu Dhabi / WAM Abu Dhabi Waste Management Center (Tadweer) has adopted electronic approvals for No Objection Certificates (NOC) in Abu Dhabi for all requests that require technical reviewing by specialists in charge of issuing approvals related to infrastructure construction, building, and development projects. The move allows clients, including consultants, contractors, or developers, to acquire an NOC from the ...

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UAE to cooperate with Bavaria on climate action

  DUBAI / WAM The UAE and the German federal state of Bavaria have agreed to cooperate in tackling climate change and protecting the environment. In this context, Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, and Roland Weigert, Bavaria’s Vice Minister of Economic Affairs, Regional Development and Energy, signed a joint declaration of intent during the ...

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Dubai adds 98 new economic activities to key sectors in 2021

  Dubai / WAM The Business Registration and Licensing (BRL) sector at the Department of Economy and Tourism (DET), Dubai, has added 98 new economic activities across a number of vital sectors in 2021, bringing the total number of economic activities to more than 2,200. This entails an increase of 88 percent compared to 2020, with 52 new economic activities ...

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FAB, Mastercard launch new virtual corporate debit card

  ABU DHABI / WAM First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, has partnered with Mastercard to launch the new FAB Virtual Corporate Debit card. The new offering expands the range of FAB’s Global Transaction Banking (GTB) Virtual Account e-commerce enabled product capabilities for corporate and commercial clients. ...

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UAE to host SpaceOps conference for first time in Arab world

  Dubai / WAM The Mohammed Bin Rashid Space Centre (MBRSC) on Thursday announced that it is all set to host the 17th International Conference on Space Operations (SpaceOps 2023), one of the world’s leading and premier space events at the World Trade Centre in Dubai, UAE. The event, being held for the first time ever in the Arab world, ...

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Oil retreats from seven-year high as Opec+ hikes output

  Bloomberg Oil retreated from a fresh seven-year high as Opec+ agreed to another modest hike in output and Iran said its ready to supply markets quickly if sanctions are removed. West Texas Intermediate edged lower 0.2% after hitting its highest level since 2014 earlier in the session. Global benchmark Brent traded near $89 a barrel, with prices steeply backwardated ...

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UAE welcomes Somalian prime minister’s initiative

  Abu Dhabi / WAM The UAE has welcomed the apology made by Mohamed Hussein Roble, Prime Minister of the Federal Republic of Somalia, for the incident that took place at Mogadishu Airport in April 2018, involving seizure of funds and aid sent to support the people of Somalia. The Ministry of Foreign Affairs and International Cooperation said in a ...

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UAE, Japan bilateral trade hits $30.5 billion in 2021

  Abu Dhabi / WAM Mohamed Ali Al Shorafa, Chairman of the Abu Dhabi Department of Economic Development (Added), urged Japanese investors and entrepreneurs to benefit from investments opportunities in Abu Dhabi and the suitable business environment to thrive and enhance relations. Bilateral trade between the UAE and Japan reached $30.5 billion last year; UAE exports to Japan rose to ...

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