News

DUBAI / WAM The UAE’s economy stands on the verge of a new era. One that will be marked with a dynamic industrial growth spurred by a raft of new local and foreign investments. This, thanks to the launch of “Operation 300bn”, the new strategy from the Ministry of Industry and Advanced Technology (MoIAT) which seeks to fortify the nation’s ...

Bloomberg Oil falls alongside a strengthening dollar as near-term risks to the demand recovery emerged ahead of a Opec+ meeting this week to decide on output policy. Futures in New York fall as much as 2.6%, with the Bloomberg Dollar Spot Index rising to the highest since November, thereby reducing the appeal of commodities priced in the currency. Weaker US ...

DUBAI / WAM Khalifa Fund for Enterprise Development and the Etihad Credit Insurance (ECI), the UAE federal export credit company partnered to shore up the export capabilities of the country’s small and medium enterprises (SMEs). A Memorandum of Understanding (MoU) was signed by Mouza Obaid Al Nasri, Acting CEO of Khalifa Fund and Massimo Falcioni, CEO of the ECI. The ...

Sharjah / WAM A new partnership between the Sharjah Entrepreneurship Centre (Sheraa) and Sharjah FDI Office (Invest in Sharjah) is poised to take Sharjah’s ecosystem offerings to the next level. The entities signed a Memorandum of Understanding, which paves the way for a series of strategic moves they will be jointly making to accelerate UAE’s post-Covid recovery. The core objective ...

Dubai / WAM Dubai Future Foundation (DFF) on Tuesday signed a Memorandum of Understanding (MoU) with Emirates, Dubai’s award-winning international airline, to develop innovative solutions and enhance the future-readiness of the UAE’s aviation sector. The DFF’s Dubai Future Labs, an applied research lab that designs, develops, and tests cutting-edge robotics and automation technologies, launched in June 2020 by His Highness ...

DUBAI / WAM Emirates airline announced that it will resume four-weekly services to Orlando from June 2, further expanding its US network, and offering customers worldwide more travel choices and enhanced connectivity via Dubai. With addition of Orlando, Emirates will be serving over 60 weekly services to and from 11 US destinations including Boston, New York (JFK), Los Angeles, Chicago, ...

Dubai / WAM Khalifa Fund for Enterprise Development and the Etihad Credit Insurance (ECI), the UAE federal export credit company partnered to shore up the export capabilities of the country’s small and medium enterprises (SMEs). A Memorandum of Understanding (MoU) was signed by Mouza Obaid Al Nasri, Acting CEO of Khalifa Fund and Massimo Falcioni, CEO of the ECI. The ...

ABU DHABI / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation, on Tuesday launched the UAE National Action Plan for the implementation of UN Security Council Resolution 1325 on Women, Peace and Security. The landmark launch is the first ...

Sharjah / WAM Arada announced the completion of a new tranche of apartment blocks at Aljada, the AED24 billion megaproject in Sharjah. The handover process for the first four Areej Apartments buildings, amounting to 255 units in total, has now begun as the Sharjah developer continues its aggressive delivery plan for 2021. Located in the first phase of the Aljada ...

Dubai / WAM Reed Exhibitions Middle East, organisers of the Airport Show, the world’s leading airport industry B2B platform, has rescheduled the event’s 20th edition in Dubai for three days from May 24 at the Dubai World Trade Centre (DWTC). The 2021 show is planned to be held across 11,000 square metres of exhibition space with exhibitors and participants from ...