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Panel discusses initiatives to support economic sectors

Abu Dhabi / WAM The temporary committee to handle impacts of Covid-19 held its fourth virtual meeting, chaired by Sultan bin Saeed Al Mansouri, Minister of Economy, to discuss national efforts to support economy and the best ways of limiting the effects of the pandemic on business sector. Al Mansouri highlighted importance of national efforts and role of committee in ...

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Adex, SCCI hold joint webinar to help strengthen UAE exports

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) organised a joint webinar with the Abu Dhabi Exports Office (Adex), of the Abu Dhabi Fund for Development, themed “Financial Services and Solutions for the Development of the UAE export companies”. The event was part of the bilateral Memorandum of Understanding (MoU) which aims to enhance joint cooperation and ...

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Oil spill taints Kremlin plan to sell $4bn of green bonds

Bloomberg Russia’s state development bank wants to start turning the world’s biggest energy exporter into a hub for green finance days after a 20,000-ton diesel spill in the nation’s far north. VEB.RF, which has been used in the past to help finance President Vladimir Putin’s infrastructure projects, plans to set up guidelines for green bonds by the end of the ...

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Etihad flies goodwill flight to Costa Rica

ABU DHABI / WAM Etihad Airways operated its first ever flight from Abu Dhabi to San Jose, capital of Costa Rica. The goodwill flight transported Costa Rican citizens returning home, and humanitarian aid from the Government of the UAE, to help Costa Rica in its fight against Covid-19. The Boeing 787-9 was also carrying Dominican nationals returning from the UAE, ...

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Ministry launches first phase of Accrual Accounting Programme

DUBAI / WAM The Ministry of Finance (MoF) announced on Sunday the successful launch of the first phase of government entities to transition to accrual accounting. The process all took place during the work-from-home period, and demonstrates the creativity and flexibility afforded by the ministry, through the various remotely applied tech-solutions to ensure the development of the federal government financial ...

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RTA completes 80 digital, 4th industrial revolution projects

Dubai / WAM Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA) praised the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to launch the e-Government initiative 20 years ago. He pointed out that the subsequent ...

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Midday break for outdoor workers in UAE begins

ABU DHABI / WAM As of Monday, the Ministry of Human Resources and Emiratisation (MoHRE) will begin implementing the ban on works performed under the sun and in open places from 12:30 pm to 3:00 pm until September 15. The annual decision, issued by Minister of Human Resources and Emiratisation, requires a worker not to stay in workplace after 12:30 ...

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Etihad Airways operates goodwill flight to Costa Rica

ABU DHABI / WAM Etihad Airways operated its first ever flight from Abu Dhabi to San Jose, capital of Costa Rica. The goodwill flight transported Costa Rican citizens returning home, and humanitarian aid from the Government of the United Arab Emirates, to help Costa Rica in its fight against Covid-19. The Boeing 787-9 was also carrying Dominican nationals returning from ...

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Dafza inks deal with Arab-Brazilian Chamber of Commerce

Dubai / WAM Dubai Airport Freezone Authority (Dafza), has signed a Memorandum of Understanding (MoU) with the Arab-Brazilian Chamber of Commerce (CCAB) to on board the Chamber as a Halal Trade and Marketing Centre (HTMC) service partner, during a webinar held by CCAB. The MoU signing ceremony was attended by Ms. Amna Lootah, Dafza’s Assistant Director-General, and Rubens Hannun, CCAB ...

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SCCI: 10th industrial zone project 15% complete

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) announced the completion of 15% of the infrastructure development project for the 10th industrial zone. The project is under the patronage of HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, and in collaboration with the Sharjah Department of Town Planning and Survey, ...

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