DUBAI / WAM Dubai FDI, the investment development agency of Dubai Economy, has announced the signing of a Memorandum of Understanding with Standard Chartered Bank, to facilitate consultation, cooperation and exchange of information in areas of mutual interest and objectives. In line with Dubai FDI’s efforts to consolidate the emirate’s position as a preferred global Foreign Direct Investment (FDI), destination, this ...
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Etihad Airways signs pact to promote travel to Malaysia
London / Emirates Business Etihad Airways, the national airline of the United Arab Emirates, on Tuesday announced a partnership with Tourism Malaysia to attract visitors from Europe and the Middle East to Malaysia, via the airline’s Abu Dhabi hub. The agreement was signed at the World Travel Market in London, attended by representatives from both organisations and trade partners. The ...
Read More »Commercial banks’ assets up by $47bn in 9 months
Abu Dhabi / WAM The total assets of UAE-based commercial banks increased to circa AED2.457 trillion by the end September, AED173 billion ($47.1 billion) of which were recorded over the past nine months only, accounting for 81.3 percent of the UAE banks’ total assets, statistics by the Central Bank of the UAE showed on Tuesday. Up to 19.7 percent of ...
Read More »UAE seen as unique model of tolerance, peaceful coexistence
DUBAI / WAM The key initiatives launched by the UAE since the start of the year reflect the country’s vision to combat extremism and promote openness with other cultures, making it a leading regional and international centre of spreading these values, through hosting major conferences and forums attended by influential intellectuals and scholars. Specialist events and initiatives organised monthly by ...
Read More »Yemen government, separatists sign ‘Riyadh agreement’
RIYADH / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Prince Mohammed bin Salman bin Abdul Aziz, Saudi Crown Prince, Deputy Prime Minister and Minister of Defence, on Tuesday attended the signing of the Riyadh Agreement between the Yemeni Government and the Southern Transitional ...
Read More »DMCC registers record 202 companies in October
Dubai / WAM DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – announced on Tuesday that it registered 202 new companies in the month of October – the highest figure in a single month for nearly two years. The sharp increase signals investor confidence in Dubai, and both the appeal of ...
Read More »Aldar completes two Saadiyat Island projects
ABU DHABI / WAM Aldar Properties announced on Tuesday that it has achieved a significant milestone in the delivery of two of its flagship developments on Saadiyat Island, having started phased handovers of Mamsha Al Saadiyat and Jawaher. Mamsha Al Saadiyat is an exclusive mixed-use development located in the Saadiyat Cultural District offering beachfront residences with access to diverse retail, ...
Read More »UAE, Tajikistan keen to boost ties in key sectors
Abu Dhabi / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, received on Tuesday at Al Bateen Palace, the First Deputy Prime Minister of the Republic of Tajikistan, Davlatali Said, and his accompanying delegation. During the meeting, Sheikh Mansour and Said discussed ways to boost bilateral relations between the two countries ...
Read More »Mohamed highlights UAE’s keenness to adopt latest tech
Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, highlighted the UAE’s keenness to adopt the latest technologies and the Artificial Intelligence (AI), under the framework of its development approach and its ambitious vision. While participating in the launch of the EDGE advanced technology ...
Read More »Saif bin Zayed briefed on five-year cultural strategy of Abu Dhabi
Abu Dhabi / WAM HH Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, has been briefed by representatives of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), on the Culture achievements to date and planned milestones of Abu Dhabi’s five-year Culture Sector Strategy. HH Sheikh Saif bin Zayed ...
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