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US, China signal progress towards initial trade deal

Bloomberg China is reviewing locations in the US where President Xi Jinping would be willing to meet with Donald Trump to sign the first phase of a trade deal between the world’s two largest economies, people familiar with the plans said. Officials in Beijing had hoped that if president Xi travelled to the US to sign stage one of the ...

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India exits China-backed trade pact

Bloomberg India pulled out of a trade pact covering much of Asia, paving the way for 15 other countries to sign the China-backed regional trade deal next year. India conveyed its decision to exit the Regional Comprehensive Economic Partnership (RCEP), foreign ministry official Vijay Thakur Singh told reporters in Bangkok on Monday. Prime Minister Narendra Modi highlighted that he was ...

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RAK, India trade up 17% in 2018

RAS AL KHAIMAH / WAM Vipul, Indian Consul-General in Dubai, said that the trade between Ras Al Khaimah and India increased significantly last year by 17 percent, and the value of the emirate’s exports to India exceeded AED860 million. Ras Al Khaimah is a positive model of economic success and plays a leading regional role, through its efforts to achieve ...

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ECI-Kizad deal to benefit UAE investors, exporters

DUBAI / WAM Etihad Credit Insurance (ECI), the UAE Federal Export Credit Company, signed a MoU with Khalifa Industrial Zone Abu Dhabi (Kizad), the integrated trade, logistics, industrial and free zone owned by Abu Dhabi Ports, to support UAE businesses and increase exports by providing export insurance solutions that meet their growth plans. The pact will help UAE-based firms to ...

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Etihad, Emirates Islamic launch branded credit card

Abu Dhabi / Emirates Business Etihad Guest, the award-winning loyalty programme of Etihad Airways, and Emirates Islamic, one of the leading Islamic financial institutions in the country, have signed a Memorandum of Understanding (MoU) to partner in launching a new jointly branded credit card. Yasser Al Yousuf, Vice President Commercial Partnerships, Etihad Airways said: “We are proud to expand our ...

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Forum discusses future of Arabic language

ABU DHABI / WAM The Ministry of Culture and Knowledge Development hosted an inaugural forum at Manara Al Saadiyat, which gathered academics, researchers, writers and students from across the UAE to discuss the Status Report and Future of the Arabic Language. The report, which was launched last year under the directive of His Highness Sheikh Mohammed bin Rashid Al Maktoum, ...

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UAE, Azerbaijan to boost bilateral ties

Abu Dhabi / WAM The UAE and Azerbaijan have discussed means to enhance cooperation and bilateral relations to achieve joint interests at the second UAE- Azerbaijan Political Consultative Committee meeting. The meeting, which kicked off in Abu Dhabi, touched upon various issues of common interest. Co-chaired by Khalifa Shaheen Al Marar, Assistant Minister of Foreign Affairs and International Cooperation for ...

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Abu Dhabi announces major increase in oil, gas reserves

Abu Dhabi / WAM Abu Dhabi’s Supreme Petroleum Council (SPC), launched, on Monday, a new pricing mechanism for the Abu Dhabi National Oil Company’s (Adnoc), flagship onshore crude oil, Murban, and announced a significant increase in oil and gas reserves and new discoveries in the emirate of Abu Dhabi, at its meeting held at Adnoc’s headquarters. The SPC meeting was ...

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Dubai unveils world’s largest rehab centre for people of determination

Dubai / WAM The Sustainable City in Dubai revealed ‘Sanad Village’, the world’s first and largest rehabilitation and education centre for People of Determination (people with disabilities). Details about the Sanad Village will be announced during the Sustainable City’s participation in the AccessAbilities Expo, held from November 5-7 at the Dubai International Convention and Exhibition Centre. The AccessAbilities Expo aims ...

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UK approved 99% of visa applications to Emiratis

ABU DHABI / WAM The United Kingdom approved approximately 99 percent of regular visa applications submitted by Emiratis from July 2017 to June 2018, a top UK official told the Emirates News Agency (WAM). The UK issued 5,940 visas in total to Emiratis during that 12-month period, which meant each visa was issued in an average of three working days, ...

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