News

Sharjah / WAM The Sharjah Age Friendly city programme is 86 percent completed, since work began in 2017. Aisha Hashem, the supervisor of the Sharjah Age Friendly programme, explained that there are 189 standards to measure the extent of adherence to the concept of the Age Friendly programme, and 24 government agencies in the emirate have participated in the application ...

Abu Dhabi / WAM The Ministry for Cultural and Youth announced the agenda of the fourth week of its summer camp, with a discussion session chaired by Noura bint Mohammed Al Kaabi, Minister of Culture and Youth, entitled, “Content Creation: The Message and Influence.” The session was held with the participation of Sheikh Dr Majid Al Qasimi, Co-Founder and Director ...

ABU DHABI / WAM The Abu Dhabi Police (ADP) has warned drivers about the risks of running a red light when not paying attention and called it a dangerous violation. The ADP cited three reasons for running a red light, which are speeding on crossroads, not paying attention and using mobile phones while driving. It urged drivers to be aware ...

DUBAI / WAM Union Properties on Monday announced that it has successfully reached an agreement with Emirates NBD for the full restructuring of its outstanding AED946 million debt with the bank along with payment of the initial amount as per the new terms. This agreement with Emirates NBD, as the main creditor of Union Properties, will substantially improve the debt ...

Ajman / WAM Ajman’s Department of Economic Development (DED) received four new ISO certificates, namely ISO 22301 for Business Continuity, ISO 45001 – Occupational Health & Safety, ISO 14001 – Environmental Management System and PAS 99 Integrated Management Systems. On this occasion, Ali Eissa Al Nuaimi, Director-General of DED, said in a statement that DED seeks to develop working systems, ...

Dubai / WAM Nasdaq and Dubai Gold & Commodities Exchange (DGCX) on Monday announced a major market technology agreement for Nasdaq to provide DGCX with a full suite of integrated marketplace solutions. The marketplace solutions, delivered via the Nasdaq Financial Framework, include multi-asset trading and real time clearing capabilities, pre-trade risk management, as well as market intelligence, market surveillance and ...

ABU DHABI / WAM The new support initiatives launched by the Ministry of Economy, organised by a committee chaired by Abdullah bin Touq Al Marri, Minister of Economy, with the participation of relevant authorities, are key additions to the series of incentives adopted by the UAE to support its economic sectors, and were recently described by the foreign media as ...

Bloomberg Saudi Arabia’s oil giant pressed ahead with a plan to pay $75 billion in dividends this year. Saudi Aramco said net income in the three months ending in June was $6.6 billion, according to a statement. Aramco will pay a dividend of $18.75 billion for the quarter. “Strong headwinds from reduced demand and lower oil prices are reflected in ...

DUBAI / WAM Dubai Trade DP World, UAE region’s single window platform for cross-border trade has announced the launch of Zadi, a unified food import platform aimed at facilitating the import and re-export of food shipments throughout Dubai ports. The first-of-its-kind platform in the Middle East is part of Dubai Trade’s plan to be the leading integrated platform in all ...

Bloomberg India will stop importing more than 100 items used by its armed forces in a bid to boost local manufacturing. The ban will be implemented gradually, starting with products like sniper rifles and light-combat helicopters in December 2020 and long range land-attack cruise missiles in December 2025, the Ministry of Defense said in a statement on Sunday. Similar items ...