News

ABU DHABI/ WAM In his capacity as Ruler of Abu Dhabi, President HH Sheikh Khalifa bin Zayed Al Nahyan, issued a law establishing the Creative Media Authority as part of the Department of Culture and Tourism – Abu Dhabi. The authority aims to enhance growth of emirate’s creative sector and will act as a regulatory and supervisory body, ensuring hard ...

ABU DHABI / WAM The number of Israeli companies operating in the UAE is expected to grow 100 percent by 2022, the President of the UAE-Israel Business Council (UIBC) told Emirates News Agency (WAM). “With bilateral trade expected to exceed $1 billion in 2021, $3 billion in three years, and over 500 Israeli companies (currently) importing, exporting and operating in ...

ABU DHABI / WAM Mohamed Helal Al Mheiri, Director-General of the Abu Dhabi Chamber of Commerce and Industry, has said the UAE is steadily advancing towards a prosperous future in various sectors, most notably the economic sectors, in line with its leading international stature, through launching major projects for the next 50 years. In an interview with the Emirates News ...

Bloomberg India’s government is seeking a valuation of between 8 trillion rupees ($109 billion) to 10 trillion rupees for Life Insurance Corporation (LIC), in what’s slated to be the nation’s biggest initial public offering (IPO). The possible valuation is based on preliminary talks and may change after detailed discussions, due diligence and an official valuation report. The government is considering ...

Dubai / WAM National Bonds in conjunction with Dubai Quality Group have united to boost the savings culture in the United Arab Emirates by launching the first savings club of the nation; ‘The Global Savings Club’. The collaboration between National Bonds and Dubai Quality Group will enable members of the public and private sectors to pursue their dreams, fulfill their ...

Dubai / Emirates Business Emirates has announced it has resumed scheduled passenger services to Manila, Clark and Cebu. With the lifting of the ban on travellers from the UAE by the Philippines authorities, which took effect on September 6, the airline has resumed seven weekly services to and from Manila, while five weekly flights to Clark and twice weekly flights ...

DUBAI / WAM The Informatics and Smart Health Department at the Dubai Health Authority (DHA) has launched the first Artificial Intelligence Policy for healthcare in Dubai. The policy is in line with the vision of the UAE Strategy for Artificial Intelligence that intends to achieve the UAE Centennial 2071 objectives, boost government performance, and invest in AI adoption. The AI ...

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 311,171 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. As ...

Paris / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, discussed, with Emmanuel Macron, President of France, the friendship and strategic partnership between the UAE and France, as well as promising opportunities for developing them, in addition to several issues of mutual concern. The discussion ...

Abu Dhabi / WAM Abu Dhabi Fund for Development (ADFD) has signed a Memorandum of Understanding with the Government of Mauritania to finance a major refurbishment and modernisation project valued at around AED24 million ($6.5 million) for the Tanit Fishing Port. This is an artisanal fishing port that through this renovation and development of an ice factory will better enable ...