DUBAI / WAM The United Arab Emirates and the Kingdom of Saudi Arabia strengthen their economic partnership to enhance the trade, diversify and create opportunities for the businesses and people in both the countries. Etihad Credit Insurance (ECI), the UAE Federal export credit company has partnered with the Saudi Fund for Development (SFD), for financing and providing credit insurance to ...
Read More »News
Coronavirus is another reason to boost fiscal stimulus: OECD
Bloomberg The coronavirus outbreak presents another reason for nations with fiscal surpluses to boost their spending and support the global economy, the head of the Organisation for Economic Cooperation and Development (OECD) said. “It’s a call to arms,†Angel Gurria, secretary general of the OECD, said in an interview with Bloomberg TV in Saudi Arabia. “Look at what’s going on. ...
Read More »Fourth edition of Umex, SimTEX exhibition opens
ABU DHABI / WAM The fourth edition of the Umex and SimTEX exhibition has kicked-off on Sunday, under the theme ‘Manned-Unmanned Teaming in the Age of Smart Systems’, at the Abu Dhabi National Exhibition Centre. Held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE ...
Read More »UAE unveils first locally-made drone ‘Garmousha’ at Umex
ABU DHABI / WAM Adasi, the regional leader in autonomous systems and services, on Sunday launched the first UAE-made high-performance “Garmousha” vertical take-off and landing drone, in an agreement with the General Headquarters of the UAE Armed Forces. His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, unveiled the new unmanned system at ...
Read More »Etihad Engineering records robust growth
Abu Dhabi / Emirates Business Ahead of its participation at the upcoming MRO Middle East event at the Dubai World Trade Centre, Etihad Engineering announced its performance indicators for 2019 revealing that the leading maintenance, repair and overhaul (MRO) provider has signed off yet another year with a very positive record and continues to demonstrate strong potential for sustained growth ...
Read More »Sharjah Islamic Bank proposes 10% dividend
SHARJAH / WAM During the 44th General Assembly of the Sharjah Islamic Bank (SIB), 10 percent of the profits were distributed to shareholders, including five percent in cash and five percent of bonus shares, approved after the bank reported a net profit of AED545.5 million last year, an increase of seven percent compared to 2018, when profits reached AED510.4 million. ...
Read More »UAE preserves global heritage from destruction, negligence
Abu Dhabi / WAM Ten world historical landmarks are witness to the UAE’s efforts to conserve and protect global heritage sites at risk of loss as a result of human conflict, natural disasters and climate change, urbanisation and negligence. The landmarks restored by Emirati support include the Dome of the Rock; Umar ibn al-Khattab Mosque; Church of the Nativity in ...
Read More »Online interactive platform for People of Determination soon
ABU DHABI / WAM People of Determination in the UAE will soon have a first-of-its-kind social media platform to be launched by Inclusive, a platform that enables supporters of inclusion in local communities to connect, collaborate with each other and promote the inclusion of People of Determination into the community. Inclusive links People of Determination with individuals, special centres, policymakers, ...
Read More »Al Rahba hospital to undergo renovation and upgrade
ABU DHABI / WAM Seha, the Abu Dhabi Health Services Company and the UAE’s largest healthcare network, on Sunday announced that Al Rahba Hospital will undergo a strategic upgrade programme, aligned with Seha’s ongoing efforts to improve facilities, ensuring they meet and exceed international best practices and benchmarks. This is in line with the Department of Health – Abu Dhabi’s ...
Read More »Abu Dhabi attracts 11.35mn international visitors in 2019
ABU DHABI / WAM Figures collated by the Department of Culture and Tourism – Abu Dhabi (DCT) Abu Dhabi, revealed that the number of international visitors coming to the UAE capital in 2019 is estimated to have reached 11.35 million, including 2.83 million overnight and 8.53 million same-day visitors, and is a 10.5 percent increase over 2018. The final figures ...
Read More »