News

Abu Dhabi / WAM The Mena region’s largest event focussed on innovation in financial services, the FinTech Abu Dhabi Festival (FinTech AD), kicked off on Tuesday and will run until November 26. Held under the patronage of HH Sheikh Hazza bin Zayed Al Nahyan, Vice President of the Abu Dhabi Executive Council, and co-hosted by the Central Bank of the ...

ABU DHABI / WAM The Department of Culture and Tourism (DCT) Abu Dhabi has relaunched its ground-breaking programme for selecting and hiring Emirati talent into the workplace. The programme, called Emirati Talents, was officially launched in November 2019 with a series of innovative events that engaged interested candidates in activities and challenges to assess the next generation of Emirati talent. ...

ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued a decree overhauling foreign ownership rules of commercial companies, as part of the government’s ongoing efforts to ensure a conducive legislative environment and open up economy to all nationalities. The decree, which introduces significant amendments to the UAE Federal Law No. 2 of 2015 on ...

ABU DHABI / WAM In line with its deep rooted commitment to extend a helping hand to support the needy people around the world, especially the refugees, and its efforts to mitigate their suffering by all means possible, the United Arab Emirates announced allocating AED18.4 million ($5.0 million) in support of the recently arrived Ethiopian Refugees in Sudan. HH Sheikh ...

Abu Dhabi / WAM The UAE community will unite in harmony as they lend their voices to a unique performance of the UAE National Anthem for the 49th UAE National Day. The Organising Committee of the Official 49th National Day Celebration is seeking to bring people together by inviting them to record their own vocal performances of the anthem, in ...

Bloomberg Oil touched its strongest level since early September as signs that Covid-19 vaccinations in the US could be underway within three weeks improved the demand outlook. Markets broadly rallied after AstraZeneca Plc became the latest company to report a vaccine that protects most people from coronavirus. Vaccinations will “hopefully” start as soon as December 11 or December 12, Moncef ...

SHARJAH / WAM The Sharjah International Airport Free Zone(SAIF Zone), together with Hamriyah Free Zone Authority (HFZA), signed a Memorandum of Understanding (MoU), with the Sharjah Municipality (SM), to support their digital transformation vision, enhance cooperation and upgrade work mechanisms. The MoU is expected to save investors’ time, facilitate, quicken and simplify procedures for completing transactions. It will also ensure ...

Dubai/ WAM AquaChemie Middle East – a leading chemical sales and services company and part of the UAE-based AquaChemie Group – on MOnday broke ground on its strategic, world-class petrochemical terminal in DP World’s flagship, Jebel Ali Port, Dubai. The AED150 million ($40 million) project will serve as a vital gateway, facilitating and boosting the growing petrochemical trade between manufacturers ...

ABU DHABI / WAM Statistics Centre – Abu Dhabi (SCAD) initiated the Labour Force Survey fieldwork in Abu Dhabi emirate under the slogan “The future of jobs begins with you”. This national project is part of Abu Dhabi’s statistical plan to provide holistic and accurate data for developing programmes that support the national and non-national workforce in the labour market. ...

Dubai / Emirates Business AquaChemie Middle East — a leading chemical sales and services company and part of the UAE-based AquaChemie Group — on Monday broke ground on its strategic,world-class petrochemical terminal in DP World’s flagship, Jebel Ali Port, Dubai. The AED 150mn ($40 million) project will serve as a vital gateway, facilitating and boosting the growing petrochemical trade between ...