News

Dubai, noon.com partner to support Emirati DED Trader licence holders

DUBAI / WAM Dubai Economy has partnered with noon.com, the region’s leading homegrown digital marketplace, to connect local startups that have a Dubai Economy’s DED Trader licence with customers across the region through its Mahali digital store. The creation of Mahali on noon.com and the partnership with the Dubai Economy reflect the efforts of both entities to further drive digital ...

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‘Future of Construction Tech’ program launched in Dubai

Dubai / WAM Dubai Future Foundation and Dubai Municipality (DM) have announced the launch of the “Future of Construction Tech” programme within Dubai Future Accelerators (DFA). The programme drew the participation of 10 companies from the UAE and across the world with the aim of creating quality and technologically-advanced solutions to enhance supervision and inspection services in buildings either under ...

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ERC inspects life conditions of families of martrys in Mukalla

MUKALLA / WAM The Emirates Red Crescent (ERC) delegation has inspected life conditions of several families of martyrs in the Governorate of Hadramaut, Yemen. The gesture reflects the brotherhood and solidarity feelings and supporting families of martyrs as well as alleviating their sufferings and burdens. During the visit, the ERC team presented humanitarian assistance including food baskets, school bags and ...

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Halal economy estimated to worth $3.2trn by 2024

Dubai / WAM The Halal economy is estimated to be worth $3.2 trillion by 2024, according to the newly launched second edition of the Halal Guidebook titled ‘Dubai – A Global Gateway for Halal Industry: A Step-by-Step Guide.’ The Guidebook unveils key trends that will have a lasting impact on the regional economy and assists in providing a clear picture ...

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Federal budget reports AED9.75b surplus in H1

Abu Dhabi / WAM The total expenditure of the UAE federal government amounted to as much as AED24,997,691,014 by the end of the second quarter of this year (Q2), according to the Budget Execution Report, released by the Ministry of Finance. The report puts the total revenues at AED34,744,272,796, which results in a total surplus of around AED9.75 billion by ...

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UAE, South Korea to boost cooperation in ten sectors

Abu Dhabi / WAM The seventh session of the UAE-South Korea Joint Economic Committee (JEC) was chaired virtually by Abdullah bin Touq Al Marri, Minister of Economy, and Nam-Ki Hong, Korean Deputy Prime Minister and Minister of Economy and Finance, in presence of Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade. During the session, the two ...

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Abu Dhabi energy sector enters era of digital transformation

Abu Dhabi / WAM The Abu Dhabi energy sector plays a pivotal role in driving the government’s smart transformation with an integrated plan to digitise all services it provides to customers, making them accessible from authorised digital platforms across the emirate. The energy sector boasts a solid digital infrastructure that enabled it to transfer most services to digital platforms, as ...

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UAE launches smart anti-money laundering system ‘Fawri Tick’

Abu Dhabi / WAM In its continuous efforts to eliminate risks of financial crimes in the UAE, the National Committee for Combating Money Laundering and the Financing of Terrorism and Illegal Organisations announced in its sixth meeting, the launch of ‘Fawri Tick ’, a smart system developed by the Federal Authority for Nuclear Regulation (FANR). “‘Fawri Tick’ is under the ...

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Souq Al Haraj sees 99% continued occupancy rate

SHARJAH / WAM The management of Souq Al Haraj for Cars has announced that their occupancy rate has remained at 99 percent, despite the circumstances experienced by the global pandemic. This reflects the strength of Sharjah’s investment landscape and underlines the success of Sharjah Asset Management – which oversees its management- in developing the various procedures, services and facilities offered ...

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RTA, Trakhees ink deal to strengthen cooperation

DUBAI / WAM Dubai’s Roads and Transport Authority (RTA) and the Department of Planning and Development – Trakhees at the Ports, Customs and Free Zone Corporation announced the signing of a Memorandum of Understanding (MoU) to streamline the process of issuing permits of lands impacted by the Rail Protection Zone of Route 2020. CEO of Rail Agency Abdul Mohsen Ibrahim ...

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