News

Bloomberg Tanzania is open to discussions with investors on the $10 billion Bagamoyo Port project, but will prioritise the interests of the East African nation, the Daily News newspaper reported, citing Tanzania Ports Authority Director General Deusdedit Kakoko. Talks on the proposed port have stalled because investors’ conditions were likely to prevent Tanzania from reaping the maximum benefit from the ...

Washington / WAM The global economy is projected to grow by about 3 percent this year, but the pace has continued to weaken since April,according to the International Monetary and Financial Committee (IMFC). ”Growth is projected to pick up next year, but the outlook is highly uncertain and subject to elevated downside risks. These include trade tensions, policy uncertainty, and ...

Abu Dhabi / WAM His Highness Sheikh Hazza bin Zayed Al Nahyan, Vice Chairman of Abu Dhabi Executive Council, has inaugurated the Al Hayer residential project in Al Ain City. The AED687 million project includes 300 residential villas were built with typologies of Emirati housing in mind and designed around an ‘Emirati neighbourhood’ concept that meets the needs of Emirati ...

Abu Dhabi / WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance, has signed the ‘Covenant for Million Tolerant’, launched by the Zayed House for Islamic Culture (ZHIC), last April, at the ministry in Abu Dhabi. Signing on the document is seen in the framework of the ministry’s support to all voluntary efforts and initiatives conducted by individuals, local, ...

Dubai / WAM The Dubai Electricity and Water Authority (Dewa), announced the participation of the largest German energy and water companies in the 21st Water, Energy, Technology and Environment Exhibition (Wetex 2019). The exhibition coincides with the 4th Dubai Solar Show, under the umbrella of the sixth Green Week. The exhibition is organised by Dewa from October, 21-23 at the Dubai ...

Dubai / WAM The Director-General of the Government of Dubai’s Department of Finance (DoF), Abdulrahman Saleh Al Saleh, has said that the continuous improvement in the performance of Dubai’s public budget over the last five years has been driven by Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum’s ...

Abu Dhabi / Emirates Business Abu Dhabi Maritime Academy, an Abu Dhabi Ports company, signed a Memorandum of Understanding (MoU) with Abu Dhabi National Oil Company’s marine and logistics subsidiary, Adnoc Logistics & Services (Adnoc L&S), to offer cadetships to Emirati students, enrolled at the Academy, with invaluable first-hand experience on-board of Adnoc’s vessels. The MoU, signed by senior representatives ...

FRANKFURT / WAM The Department of Culture and Tourism – Abu Dhabi has revealed that Germany will be the Guest of Honour for the 31st edition of the Abu Dhabi International Book Fair (ADIBF), in 2021. The announcement was made as a Memorandum of Understanding (MoU), was signed by Saif Saeed Ghobash, Under-Secretary of DCT Abu Dhabi, and Juergen Boos, ...

SHARJAH / WAM Polling centres for the Sharjah Consultative Council (SCC), elections will open their doors from Sunday, to receive candidates wishing to enter the elections. Registrations will run from October 20-22 across the municipalities of Sharjah City, Al Dhaid, Khorfakkan, Kalba, Dibba Al Hisn, Al Madam, Mleiha, Al Hamriyah and Al Batayeh. The polling stations will open from 08:00 ...

RAS AL KHAIMAH / WAM Chinese tech giant Huawei will donate equipment to the American University of Ras Al Khaimah (Aurak), to set up the first Huawei ICT Academy in the UAE. Representatives of Huawei visited the Aurak campus to initial the agreement and met the university’s President, Professor Hassan Hamdan Al Alkim. Aurak is the first educational institution in ...