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 ...
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Khaled bin Mohamed bin Zayed sets R&D priorities for Abu Dhabi
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 ...
Read More »ADIO, ADQ join forces to boost Abu Dhabi’s start-up ecosystem
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 ...
Read More »Dubai Customs handles 10m bags at Dubai airports in H1
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 ...
Read More »UAE extends amnesty for people with expired visas till November 17
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 ...
Read More »Enoc partners with Dynamic Fuels to distribute marine lubricants in Spain
Dubai / WAM Enoc group announced a partnership with Dynamic Fuels to become the official distributor of Enoc’s marine lubricants in Spain. The agreement comes as part of the group’s plans to bolster its international presence to cater to the needs of its international customers. Under the agreement, Dynamic Fuels will market and distribute Enoc group’s wide range of marine ...
Read More »Etihad expands air-rail alliance with AccesRail in Europe
ABU DHABI / WAM Etihad Airways has announced the expansion of its partnership with AccesRail, the world’s leading provider of air-rail intermodal solutions. The partnership allows Etihad to use AccesRail’s expertise to enable its customers to book train and coach tickets in Europe in conjunction with their air fare using airline’s online booking platform, or via their travel agency, the ...
Read More »Global FDI in developing nations to plunge by up to 50% in 2020
HANNOVER / WAM Global foreign direct investment (FDI) in developing countries in Africa, Asia, and Latin America is projected to plunge by 25 percent to 50 percent in 2020 due to the coronavirus (Covid-19) pandemic, according to the experts. “This will threaten the world’s ability to achieve the 2030 Agenda for Sustainable Development,” leading experts from United Nations Industrial Development ...
Read More »Adnoc invests $3.5b to upgrade Ruwais refining capabilities
ABu Dhabi / WAM The Abu Dhabi National Oil Company (Adnoc) announced significant progress made on its “Crude Flexibility Project” (CFP) with 73% project delivery of Adnoc’s ongoing upgrade of refining capabilities in Ruwais and strengthening the role of Ruwais as a critical driver for industrial growth for Abu Dhabi and UAE. For more than 40 years, Adnoc has predominantly ...
Read More »UAE condemns attacks by Houthi militia on Saudi
Abu Dhabi / WAM The United Arab Emirates has condemned the Iranian-backed Houthi terrorist militia’s attempts to target civilian areas in the Kingdom of Saudi Arabia, the latest of which were the attacks which targeted the southern region in the Kingdom and which were all intercepted by the coalition forces. In a statement released on Monday by the Ministry of ...
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