Abu Dhabi / WAM Mohamed Juma Al Shamisi, Group CEO of Abu Dhabi Ports, has said that the group aims to explore opportunities and partnerships in regional and international markets by signing international partnership agreements. In his statement to the Emirates News Agency (WAM), Al Shamsi said the group’s investments will help improve the emirate’s stature as a key ...
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UAE condemns Houthi attempt to target Saudi Arabia’s Jazan province
Abu Dhabi / WAM The United Arab Emirates strongly condemned and denounced the terrorist Houthi militias’ crime of targeting the Governorate of Samta in Saudi Arabia’s Jazan Province with a projectile, which killed two and wounded a number of civilians. In a statement issued by the Ministry of Foreign Affairs and International Cooperation (MOFAIC), the UAE expressed condolences for ...
Read More »Ajman Bank, EDB sign deal on credit guarantee for SMEs
Ajman / WAM Ajman Bank has signed a memorandum of understanding (MoU) with the Emirates Development Bank (EDB) to offer credit guarantee and co-lending for small and medium-sized enterprises (SMEs) in the UAE. The MoU falls within the scope of EDB’s commitment to boost the SME ecosystem and the industrial sector in the UAE and thus increase its contribution to ...
Read More »UAE reports 618 new recoveries of Covid-19
Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 334,211 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. ...
Read More »Kateb Maktub sees 516% rise in Arab author profiles
Dubai / WAM Emirates Literature Foundation’s initiative, Kateb Maktub, has spearheaded the drive to increase the number of Arab author pages on Wikipedia in both Arabic and English, and reports a 516 percent growth in the short span of one year. The initiative was launched in late 2020 to make information about Arab authors and literature easily available online. ...
Read More »Abu Dhabi Ports aims to explore partnerships in global markets
Abu Dhabi / WAM Mohamed Juma Al Shamisi, Group CEO of Abu Dhabi Ports, has said that the group aims to explore opportunities and partnerships in regional and international markets by signing international partnership agreements. In his statement to the Emirates News Agency (WAM), Al Shamsi said the group’s investments will help improve the emirate’s stature as a key ...
Read More »Dubai launches ‘one-stop-shop’ for timeshare operators
DUBAI / WAM In a move that further contributes to realising the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to make Dubai the world’s best city to live, work and visit, Dubai’s Department of Economy and Tourism (DET) has launched an online portal that ...
Read More »US consumer prices rise 5.7% in November, fastest in 39 years
Bloomberg US consumers took a breather in November a month after an early holiday spending surge, but that pause risks becoming more lasting if Americans pull back when faced with both the fastest inflation in decades and the omicron variant. Purchases of goods and services, after adjusting for higher prices, were little changed following a solid 0.7% gain in ...
Read More »Canada plans to join Mexico in complaint on US car-origin rules
Bloomberg Canada plans to formally join Mexico in calling for an arbitration panel to resolve a dispute with the US over how to interpret rules governing the origin of vehicle parts. The two countries expect to request in the first days of January the creation of a tribunal of experts to rule on the matter as allowed under the ...
Read More »Sunak unveils $1.3 billion for firms hit by Omicron fallout
Bloomberg Rishi Sunak announced a billion pounds ($1.3 billion) of support for UK hospitality businesses struggling with slumping demand triggered by a record wave of Covid-19 infections, as he declined to rule out further curbs to tackle the fast-spreading omicron variant. Restaurants and other eligible hospitality and leisure businesses will be able to claim cash grants worth up to ...
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