News

UAE’s EDGE ranks among world’s top 25 military firms

ABU DHABI / WAM Marking its first year, EDGE, the UAE’s advanced technology group for defence and beyond, was ranked among the top 25 military suppliers in the world by the Stockholm International Peace Research Institute (SIPRI), a think tank that specialises in data analysis of military expenditure and arms trade among other peace and security related matters. With this ...

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Louvre Abu Dhabi inks pact with Accenture

Abu Dhabi / WAM Louvre Abu Dhabi has signed a one-year agreement with Accenture to help deliver its ambitious digital programme. The global professional services company with leading capabilities across more than 40 industries, including major international museums, will support Louvre Abu Dhabi in the transformation and integration of the museum’s digital ecosystem. This includes the development and implementation of ...

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Abu Dhabi to resume all activities within two weeks

Abu Dhabi / WAM The Abu Dhabi Emergency, Crisis and Disasters Committee for the Covid-19 Pandemic has announced that it has started working with all concerned and relevant authorities to fully resume economic, tourism, cultural and entertainment activities in the emirate within two weeks. This decision comes after the success of efforts made to maintain a low percentage of confirmed ...

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Global Knowledge Index launched

DUBAI / WAM The United Nations Development Programme (UNDP) and the Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF) unveiled the 2020 results of the Global Knowledge Index (GKI) during the press conference that took place in Dubai and streamed globally. The UAE’s results in the Global Knowledge Index 2020 reflect the determination and efforts of experts, decision makers, and ...

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Central Bank of UAE marks 40 years of achievement

ABU DHABI / WAM December 10 marks the 40th anniversary of the Central Bank of UAE’s (CBUAE) establishment, replacing the UAE Currency Board, as per the Union Law No (10) of 1980. The UAE’s economic and financial journey spans more than 47 years, starting in 1973 when the UAE Currency Board was established and mandated with issuing the UAE dirham, ...

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UAE among top 5 most connected countries globally

DUBAI / WAM The UAE has emerged as one of the top five most globally connected countries in the world according to the DHL Global Connectedness Index 2020 released on Wednesday. Now in its seventh edition, the report compiled in collaboration with DHL and the NYU Stern School of Business provides a comprehensive assessment of globalisation during the Covid-19 pandemic. ...

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Innovation will be at the heart of new era in aviation: ICAO

MONTREAL / WAM Salvatore Sciacchitano, President of the International Civil Aviation Organisation (ICAO) Council, said that innovation will play a key role in the aviation sector’s recovery strategies. “Looking forward to a post-pandemic world, innovation will be at the very heart of the new era in aviation which is now dawning,” said Sciacchitano in a statement on the International Civil ...

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Adnoc’s new unit commences trading of refined products

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) has officially launched its second trading arm, Adnoc Global Trading (AGT), a joint venture between Adnoc (65 percent), Eni (20 percent) and OMV (15 percent) which focuses on the trading of refined products globally. The AGT virtual launch event brought together leaders from Adnoc, Eni and OMV, as well ...

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E-commerce sales to rise to AED100bn by 2022

DUBAI / WAM Dubai Customs expects e-commerce sales to rise 23 percent to $27 billion (AED100 billion), in 2022. Dubai Customs plays a major role in supporting the strategy which sees Dubai as the world’s capital of the new economy. This is done through reinforcing the companies of the future economy such as the e-commerce companies by facilitating trade and ...

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Two-day World Space Forum begins today

ABU DHABI / WAM The two-day World Space Forum, which will begin on Wednesday, is a key global forum that aims to achieve the United Nations (UN) Sustainable Development Goals and ensure the ideal global utilisation of space discoveries and science technologies. Theme “Space for Our Future”, the event brings together experts and policymakers from regional, national and local institutions ...

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