News

ABU DHABI / WAM The General Command of the UAE Armed Forces announced the return of its troops from the Aden Governorate in Yemen after having successfully accomplished their role in liberating and stabilising Aden, and transferring its charge to Saudi and Yemeni forces, who will now maintain the security and stability of the Governorate. The UAE troops were received ...

DUBAI / WAM The GCC’s chemical-related investments have exceeded $140 billion in the first 10 months of 2019, led by consolidation, joint venture agreements and an increased number of merger and acquisition deals, according to estimates by the Gulf Petrochemicals and Chemicals Association (GPCA). The multi-billion-dollar investments made both within the region and international markets in the areas of refining, ...

DUBAI / WAM Dubai Financial Market (DFM), on Wednesday announced that rights issue of Emirates NBD is due to be tradable on the exchange between November 3-14. Trading of the rights issue enables existing shareholders of the bank who do not wish to subscribe to the new shares, which the bank plans to issue as part of its capital increase, ...

Bloomberg Saudi Arabia’s Public Investment Fund will invest $10 billion in Brazil and plans to use the country as a gateway to the rest of Latin America, the Brazilian government said. The investment comes after talks between President Jair Bolsonaro and Crown Prince Mohammed Bin Salman, Brazilian Foreign Affairs Minister Ernesto Araujo said. Bolsonaro met Bin Salman in Riyadh, where ...

RIYADH / WAM A senior Russian trade official said that the UAE has demonstrated how a nation can successfully transform its economy, “by expeditiously investing its income from oil.” Speaking on the sidelines of the Future Investment Initiative currently running in Riyadh until October 31, the Head of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev told the Russian state ...

Dubai / WAM The team of the Mohammed Bin Rashid Al Maktoum Global Initiatives in charge of the Madrasa e-learning Platform headed for Dakar, Senegal, in collaboration with the Emirates Red Crescent as part of a mission that will benefit at least 1,000 far-flung villages across the world. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime ...

Abu Dhabi / WAM The Emirates Diplomatic Academy (EDA), UAE’s leading international relations and diplomatic institution, concluded its global communications programme, ‘Your Journey in the UAE’, aimed at familiarising diplomats with the UAE to enable them to convey relevant and comprehensive information about the country to their fellow citizens, in addition to facilitating knowledge and experience-sharing. The five-day programme held in ...

DUBAI / Emirates Business In a proactive effort to bring the industry together to advance open dialogue for a more disability-inclusive air transport system, Emirates will be hosting the International Air Transport Association (IATA) inaugural Global Accessibility Symposium, taking place in Dubai from November 5-6. The IATA Global Accessibility Symposium furthers the commitment of the resolution on passengers with disabilities ...

Emirates Business Maqta Gateway, a subsidiary of Abu Dhabi Ports signed a Memorandum of Understanding (MoU) with Etisalat enabling connectivity and bringing digital innovation across the port facilities. The partnership will help transform the port with technologies like cloud computing, IoT and big data, paving the way for a new era of digital transformation in the maritime sector. Dr Noura ...

Abu Dhabi / WAM The Ministry of State for Federal National Council Affairs (MFNCA), won the GCC Gov HR Team of the Year Award at the GCC Gov HR Awards 2019. The award ceremony was part of the 7th annual GOV HR Summit 2019, which was held in Abu Dhabi. The award is given to government agencies and major private ...