Abu Dhabi / WAM The Non-performing Debt Relief Fund announced on Wednesday that 20 banks and financial institutions had waived the debts of 4,511 Emirati citizens, with a total value of more than AED1,157,388,000. The banks that participated included First Abu Dhabi Bank, Abu Dhabi Commercial Bank, Emirates NBD, Abu Dhabi Islamic Bank, Standard Chartered, Mashreq Bank, Etisalat, National Bank ...
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Abu Dhabi / WAM Hub71, Abu Dhabi’s global tech ecosystem, announced a new partnership with Stripe, a global technology company that builds economic infrastructure for the internet, assisting tech startups to more easily and efficiently accept payments online, payout funds, and manage their business growth. The partnership was announced during fintech Abu Dhabi Festival 2021, where Hub71 is a key ...
Read More »DUBAI / WAM Dubai Airports has issued a passenger advisory alerting travellers about Dubai International (DXB) getting exceptionally busy over the coming period. According to the operator, as many as 1.8 million passengers are expected to pass through DXB between November 25 – December 5, with average daily traffic reaching 164,000 passengers. The fourth of December is expected to be ...
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Abu Dhabi / WAM Hub71, Abu Dhabi’s global tech ecosystem, announced a new partnership with Stripe, a global technology company that builds economic infrastructure for the internet, assisting tech startups to more easily and efficiently accept payments online, payout funds, and manage their business growth. The partnership was announced during fintech Abu Dhabi Festival 2021, where Hub71 is a key ...
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Dubai / WAM Dubai Chamber and Hamburg Chamber of Commerce have signed a Memorandum of Understanding (MoU) to renew their strategic partnership, initiated in 2007, and foster closer ties between the UAE and German business communities. The agreement, signed on the sidelines of the 12th World Chambers Congress (WCC) in Dubai, focused on the common goals of innovation, with a ...
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Dubai / Emirates Business Orthocure — the brainchild of Dr Saeed and Dr Ali — pioneers in the field of Orthocare and orthopedic surgery who originally conducted numerous orthopaedic surgeries at Mirdif, found that with their expertise in robotic surgery and a growing clientele with demand for sports rehab programs and holistic non-invasive treatment, an upgrade was needed. In alliance ...
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Abu Dhabi / WAM The Integrated Transport Centre (ITC) of the Department of Municipalities and Transport (DMT) in Abu Dhabi has revealed, at the Abu Dhabi Smart City Summit, the self-driving vehicle and launch date of the first pilot phase of “TXAI”, which is a new service that utilises self-driving taxis to transport passengers on Yas Island in Abu Dhabi. ...
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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, will be on an official visit to Turkey on Wednesday, at the invitation of President Recep Tayyip ErdoÄŸan. His Highness will discuss with the Turkish President the prospects of consolidating bilateral ties across various ...
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Bloomberg Oil climbed, erasing an earlier loss, as a landmark plan from consumers to tap their strategic oil reserves was less severe than markets expected. Futures in New York wiped out losses to trade above $77 a barrel after Tuesday’s statement from the White House. While the headline size of the US release is large, a significant chunk of the ...
Read More »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, received a phone call from the Italian Prime Minister, Mario Draghi. During the conversation, His Highness Sheikh Mohamed bin Zayed and Draghi discussed bilateral ties between the two friendly countries and ways to enhance ...
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