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UAE sends medical aid to Colombia

ABU DHABI / WAM The UAE sent a fourth aid plane carrying 14 metric tonnes of medical supplies and testing kits to Colombia. This aid will assist approximately 14, 000 medical professionals in the fight against Covid-19. “As part of the UAE’s continuous efforts to support and strengthen the capabilities of medical personnel in Colombia as they work to contain ...

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Jafza signs deal to extend its expertise beyond Jebel Ali

Dubai / WAM The Jebel Ali Free Zone (Jafza) agreed to extend its expertise in licensing, visas and other related activities to Gold & Diamond Park, a free zone developed by Emaar Malls Group, a shopping destination developer. The regulatory services will be provided as part of the agreement signed by Mohammed Al Muallem, CEO and Managing Director of DP ...

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Digital cash platform to transform UAE’s financial landscape

Abu Dhabi / WAM Emirates Digital Wallet LLC on Wednesday announced its first major step towards eliminating the use of physical cash, as klip, the UAE’s Digital Cash Platform, enters its final round of testing. The nationwide initiative — jointly set up by 15 of the UAE’s leading national banks — aims to drive digital transformation across the UAE economy ...

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Khalifa Foundation sends urgent relief to flood-hit Pakistan

Abu Dhabi / WAM The Khalifa bin Zayed Al Nahyan Foundation has sent urgent aid to those affected by floods in southern Pakistan. The Khalifa Foundation’s relief team distributed supplies including medicines, tents, blankets and baby formula to some 75,000 people in the southern regions of Sindh. The assistance is in continuation of the Foundation’s relief and development initiatives in ...

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UAE welcomes signing of Juba Peace Agreement in Sudan

ABU DHABI / WAM The UAE welcomed the signing on Tuesday of the Juba Peace Agreement between the Transitional Government of Sudan and armed movements. In a statement, the UAE Ministry of Foreign Affairs and International Cooperation re-affirmed the UAE’s continuous support for all efforts to enhance Sudan’s security, stability and prosperity in a way that realises the aspirations and ...

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Global trade seen recovering faster now than post-Lehman

Bloomberg Global trade is on course to recover more quickly from the coronavirus pandemic than after the 2008 financial crisis, according to Germany’s Kiel Institute for the World Economy. Shipping volumes are already back at levels that took more than a year to reach following the collapse of Lehman Brothers Holdings Inc., hinting at a V-shaped recovery, the institution’s President ...

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Abu Dhabi, Israel set out plan for bilateral investment ties

Abu Dhabi / WAM The Abu Dhabi Investment Office (ADIO) and Invest in Israel have opened discussions following a landmark meeting on Monday. The meeting took place virtually and set out a plan for establishing formal cooperation between the two organisations over the coming months. The organisations will explore mutually beneficial areas of collaboration to unlock investment and partnership opportunities ...

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UAE sends medical aid to Cambodia

Abu Dhabi / WAM The UAE on Tuesday sent an aid plane carrying 5 metric tonnes of medical supplies and testing kits to Cambodia to bolster the country’s efforts to curb the spread of Covid-19. This aid will assist approximately 5,000 medical professionals as they work to contain the virus. Commenting on aid delivery, Saif Abdullah Mohammed Al Shamsi, UAE ...

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Deal signed to boost ease of doing business in Dubai

Dubai / WAM DMCC, the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, has announced an agreement with Emirates NBD to offer existing and new DMCC member companies the opportunity to spread out payments for DMCC services over multiple instalments using their credit cards at a 0% interest rate. The installment plan offers existing ...

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UAE will continue to unswervingly support Palestinians: Abdullah

Abu Dhabi / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has valued the positive role played by the Palestinian community in the UAE’s development drive, reaffirming that the Emirates will continue to embrace and unswervingly support the Palestinians and their cause. This came in a speech delivered by HH Sheikh Abdullah ...

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