News

Dubai / WAM The Youth Council at EY Mena launched an initiative to develop the Federal Youth Authority’s (FYA) ‘Youth Councils Manual’, which provides an overview of the opportunities and benefits Youth Councils offer their members. The manual additionally outlines the extensive network of Youth Councils in the UAE, which are supervised by the Federal Youth Authority, in addition to ...

Abu Dhabi / WAM The Emirates Red Crescent (ERC) is implementing a new initiative aimed at treating and rehabilitating the victims of the Beirut explosion, coinciding with World Humanitarian Day. The initiative, which is being implemented upon the directives of HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, President of the Supreme Council for Motherhood and Childhood, ...

Bloomberg Oil jumped to a five-month high alongside a surge in US equities as optimism that an economic recovery may be on the horizon lifted hopes for improving fuel demand to follow. Equities in the US, Europe and Asia strengthened, with the S&P 500 Index approaching the highest in months, bolstered by fresh stimulus out of China’s central bank. A ...

Dubai / WAM Dubai International Financial Centre (DIFC) announced the launch of a new license for startups, entrepreneurs and technology firms. The new “Innovation License” will attract new types of businesses to the centre and is a key initiative for the Dubai Future District, which was announced in January, said a DIFC press release. The new license will support innovation, ...

Abu Dhabi / WAM The Integrated Transport Centre (ITC) of the Department of Municipalities and Transport announced that 140 new public buses will be operated in the emirate of Abu Dhabi aimed at improving the quality of services offered to the public transport sector users. In Abu Dhabi City, 112 buses will be operated and 28 buses will be operated ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, said that the top priority of the UAE’s economy is to be fastest recovering economy in the world, and to be the most stable and diversified economy on the long term. HH Sheikh Mohammed also said that the ...

Abu Dhabi / WAM His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council, Chairman of Abu Dhabi Executive Office, and Chairman of the Board of Abu Dhabi’s Advanced Technology Research Council (ATRC) led the first board meeting for ATRC, to set the R&D priorities for the emirate. ATRC is mandated to guide ...

Abu Dhabi / WAM The Abu Dhabi Investment Office (ADIO) and ADQ on Tuesday announced a new collaboration to further strengthen Abu Dhabi’s digital economy and start-up ecosystem, including transferring the Ventures Fund, a flagship Ghadan 21 initiative, to ADQ. As part of their collaboration, ADQ and ADIO will also create winning propositions for companies using a combination of equity ...

Dubai / WAM Dubai Customs Passenger Operations Department revealed that it has handled 10.2 million pieces of baggage for five million passengers through 44,358 Dubai-bound flights during the first half of this year. Thanks to the vigilance of customs officers with support from the sophisticated scanning equipment, as many as 472 seizure reports were issued during the same period, including ...

Abu Dhabi / WAM The Federal Authority for Identity and Citizenship (ICA) issued a decision to extend the amnesty granted by the President His Highness Sheikh Khalifa bin Zayed Al Nahyan, for violators of the Law on the Entry and Residency of Foreigners for three months effective August 18 through November 17 to enable them to leave the country and ...