News

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, launched the ‘Food Tech Valley’ a new initiative that seeks to triple the UAE’s food production. The launch was attended by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The ...

Dubai / WAM Since its inception in May 2017, Area 2071, the innovation ecosystem of Dubai Future Foundation (DFF), hosted more than 780 physical and over 80 virtual events, including conferences, forums, workshops and interactive sessions, attracting more than 26,000 participants from around the world. The ecosystem has also organised many innovation programmes, including ones from TechStars and Microsoft, and ...

Abu Dhabi / WAM The UAE sent an aid plane containing 51 metric tons of food aid to the Republic of Bosnia and Herzegovina as part of its humanitarian initiatives during the Holy Month of Ramadan. “The UAE and Bosnia and Herzegovina share close historical ties and have engaged in joint action in many areas as part of the keenness ...

ABU DHABI / WAM Within the framework of enhancing and developing future cooperation between the United Arab Emirates and Israel, and for strengthening the cultural relations in the interest of the two friendly countries, the UAE National Archives and the Israeli National Library signed a Memorandum of Understanding (MoU). It aimed for supporting shared goals, boosting programs and activities of ...

DUBAI / WAM The distribution of food has begun in three African countries namely Ghana, Angola and Uganda targeted under the ‘100 Million Meals’ campaign, which aims to provide food aid for disadvantaged communities in 30 countries. The campaign’s organiser, Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI), is collaborating with local food banks and charities in the beneficiary countries ...

Bloomberg Saudi Arabia is in talks to sell a 1% stake in state oil giant Saudi Aramco to a “leading global energy company” as he forecast an economic rebound after the coronavirus pandemic. The kingdom is looking at the potential sale — which could be worth about $19 billion, based on the company’s market value — as a way to ...

Dubai / WAM Etihad Credit Insurance (ECI), the UAE International Investor Council (UAEIIC), Dubai Exports, the Italian Trade Agency (ITA) and Confindustria, the largest Italian industrial confederation, discussed cooperation in various fields, including increasing exports, Foreign Direct Investment (FDI) and trade finance support between the UAE and Italy. The high-level discussion is in line with Italy’s objective of promoting ‘Made ...

ABU DHABI / WAM The Ministry of Tolerance and Coexistence will host on Saturday, the virtual forum, entitled, “Zayed: A Source of Human Values,” under the patronage of Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence. The forum will be held as part of the ministry’s celebration of the memory of the late Sheikh Zayed bin Sultan ...

VIENNA / WAM The 16th Opec and non-Opec ministerial meeting of the declaration of cooperation (DoC) announced that the overall conformity to the production adjustments was 115 percent in March 2021, reinforcing the trend of high conformity by the participating countries. The meeting reviewed the monthly report prepared by the Joint Ministerial Monitoring Committee (JMMC), including the crude oil production ...

Sharjah / WAM The Sharjah Airport International Free Zone (Saif Zone) has further enhanced and secured its position as a prominent hub for global investors after signing an investment deal with the Indian Forpack Industries, a leading manufacturer of recycled Kraft Board & Coreboard Paper. Under the terms of the deal, Forpack Industries is set to establish its first headquarters ...