News

DUBAI / WAM Dubai Airport Freezone Authority (Dafza) has won the Dubai Human Development Gold Award at the 26th Business Excellence Awards ceremony organised by the Dubai Economy. The award comes as recognition of Dafza’s efforts within human resources initiatives and applying the best practices in the development of talent. The winners were announced during a ceremony held remotely in ...

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) is set to seize opportunities to further unlock value from its assets and resources as it builds on the momentum of a successful virtual edition of the Abu Dhabi International Petroleum Exhibition Conference (Adipec). Provisional figures show that over 80,000 viewers from around the world tuned into Adipec’s strategic ...

DUBAI / WAM Dubai Islamic Bank (DIB) has successfully priced a $1 billion Perpetual Non-Call 5.5yrs Additional Tier 1 Sukuk with a profit rate of 4.625 percent per annum. This transaction carries the lowest ever yield achieved by any bank globally on an AT1 Sukuk issue and is the only AT1 Sukuk from the GCC in 2020. Despite the turmoil ...

DUBAI / WAM The Ministry of Health and Prevention (MoHAP) has launched the new updated version of the smart patient portal dubbed “Chefaa” to serve the largest segment of patients of all age groups by showcasing treatment services provided by the ministry and other patient-centric services. The new platform will act as the digital communication between patients and service providers, ...

Abu Dhabi / WAM The Federal Authority for Nuclear Regulation (FANR) announced the establishment of its Youth Council to nurture and support its future Emirati nuclear experts in the field of nuclear regulation. The council aims to provide an environment to empower the youth and nurture their ambitions and ideas, paving the way for developing the future generation of Emirati ...

DUBAI / Emirates Business AMAN, the pioneer Takaful Insurance provider in the UAE since 2003, announces its financial results for the nine months period ended on September 30. AMAN recorded AED 9.9 million net profit attributed to Shareholders which is an increase of 14% compared to the same period of 2019 when it has achieved AED 8.7 million. The shareholders ...

DUBAI / WAM The Ministry of Climate Change and Environment(MoCCAE) on Sunday rolled out the Environmental Tolerance Initiative to mark Tolerance Week that runs from November 09-16 and to raise public awareness of eco-friendly behaviours and local environmental protection efforts. Dr Abdullah Belhaif Al Nuaimi, Minister of Climate Change and Environment, said, “Tolerance is a key trait of the UAE ...

NEW YORK / WAM The UAE and the Georgetown Institute for Women, Peace and Security (GIWPS) have launched a new Research Report and a UN Action Plan to advance women’s participation in post-conflict reconstruction, following a year-long series of high-level panel discussions on the subject. Key areas of the discussions were focussed on included post-conflict governance, economic recovery and environmental ...

DUBAI / WAM More than 1,000 ministers, and senior federal and local government officials, held 11 consultative meetings to discuss the path for the economic environment and economic models and sectors for the next 50 years. The meetings were in implementation of directives given by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of ...

Abu Dhabi / WAM The value of the UAE’s non-oil trade reached AED658.3 billion in the first half of 2020, accounting for 41 percent of the total value of the country’s trade in 2019, according to figures released by the Federal Competitiveness and Statistics Centre (FCSC) on Saturday. This signals the continued activity of the economic sectors despite the slowdown ...