News

ABU DHABI / WAM Reem bint Abdullah Al Falasi, Secretary-General of the Supreme Council for Motherhood and Childhood (SCMC), met with the Unicef Regional Director for the Middle East and North Africa, Ted Chaiban, to strengthen their partnership and cooperation, to ensure the protection of children’s rights. The virtual meeting was attended by Saji Thomas, Child Protection Chief in the ...

ABU DHABI / WAM The UAE cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, approved the National Agenda for Non-oil Export Development, an integrated framework for efforts to increase UAE’s foreign trade, promote Emirati products and access new markets all over the world. His Highness ...

Dubai / WAM China Export and Credit Insurance Corporation, SINOSURE, has opened it regional office at the Dubai International Financial Centre (DIFC), the first in the Middle East. Sinosure is a state-funded and policy-oriented insurance company established to promote China’s foreign economic, trade development and cooperation on a non-profit basis. It had accumulatively supported more than $5.3 trillion of domestic ...

Dubai / WAM Dubai’s Roads and Transport Authority (RTA) has announced paperless transformation in issuing vehicles services related certificates. RTA will discontinue printing 15 types of service certificates relating to vehicle services from all affiliated service providers and will issue and dispatch them via electronic channels (text messages and e-mails). “We migrated the printing of 15 certificates relating to vehicle ...

Ras Al Khaimah / WAM Ras Al Khaimah Tourism Development Authority (RAK TDA) on Sunday announced a strategic, high-impact investment programme that will position the emirate as one of the most preferred destinations for tourism and investments in affordable luxury. Endorsed by the government of Ras Al Khaimah, the new initiative, SelectRAK, is rolled out in partnership with Arton Capital, ...

ABU DHABI / WAM The UAE participated in the G20 Finance Track’s second Global Partnership for Financial Inclusion (GPFI) meeting, which took place virtually. The meeting discussed the Covid-19 repercussions on remittances, future developments and possible solutions to existing challenges for cross-border payments and remittances, digital financial solutions to promote resilience and financial literacy, and Micro, Small & Medium Enterprises ...

Dubai / WAM Dubai SME, the agency of Dubai Economy mandated to develop the small and medium enterprise (SME) sector, in association with the American University in Dubai (AUD), has added a new business incubator to its expanding network of certified business incubators and accelerators. The new incubator at AUD embodies the vision laid down in the 50 Year Charter ...

ABU DHABI / WAM International Holding Company (IHC) subsidiary, Alpha Dhabi Holding PJSC (Alpha Dhabi), one of the fast-growing investments holding companies in the Middle East, and a leading real estate and construction companies in the UAE, has completed a direct listing of the company on the Abu Dhabi Securities Exchange (ADX). Trading of its shares commenced on Sunday under ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved a new structure of Dubai Chambers’ board, on Sunday, to drive Dubai’s economic transformation and place the city as a global business hub. “We approved the new structure of the three Dubai chambers: Dubai Chamber of ...

Bloomberg The International Monetary Fund (IMF) board gave its unanimous support to a proposal to create a record $650 billion of new reserves for its members, bringing the plan to increase resources for nations struggling with the pandemic one step closer to final approval. All members attending the meeting of the executive board — composed of 24 individuals from IMF ...