News

DUBAI / WAM DMCC, the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, partnered with Dubai FDI to host a forum on Wednesday under the theme, ‘Advancing the Dubai-China Relationship Through Trade’, as part of the fifth edition of the Dubai Investment Week 2019. The event was held under the patronage of HH Sheikh ...

Bloomberg Oil steadied after sliding for six days in a row as signs of tighter supply in the US and Opec jostled with ongoing concern that a fragile global economy is eroding fuel demand. Futures held near $54 a barrel in New York after falling 8.6% since September 23. The American Petroleum Institute reported that US crude inventories fell by ...

Dubai / WAM Dubai FDI, the investment development agency of Dubai Economy, and the Dubai Future Foundation held the ‘Impact FDI Forum’ at Emirates Towers. The forum was part of a programme of the Hamdan Centre for the Future of Investment, focused on helping stakeholders transform the targets of the Sustainable Development Goals into attractive opportunities for investors and entrepreneurs ...

Abu Dhabi / WAM The UAE Ministry of Education, the Abu Dhabi National Oil Company (Adnoc), and Bloomberg L.P. signed on Wednesday a Memorandum of Understanding (MoU), to implement a training and development programme — called the Adnoc-Bloomberg Education Initiative. The initiative is designed to equip a new generation of students with the specialised financial skills needed to excel in a ...

Abu Dhabi / WAM Emirates Global Aluminium (EGA), and the Dubai Natural Gas Company (Dugas), signed a landmark tolling agreement under which EGA will generate the electricity required for industrial operations at the Dugas using natural gas sourced by Dugas from the Dubai Supply Authority. The agreement is the first one wherein EGA will supply another company with all its power requirements, ...

MONTREAL / WAM The United Arab Emirates has been elected for the fifth consecutive time to the International Civil Aviation Organisation (ICAO), Council. The UAE will serve its fifth term aboard the international organisation after successfully winning its re-election campaign on Tuesday, garnering 152 votes at the meetings of the ICAO’s 40th Session, running in Montreal, Canada from September 24 through ...

WASHINGTON, DC / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, UAE Minister of Foreign Affairs and International Cooperation, met US Secretary of State Mike Pompeo, US National Security Adviser Robert O’Brien in Washington DC, and other senior US officials. In separate meetings, Sheikh Abdullah and the officials discussed bilateral cooperation between the UAE and the US to ensure security ...

DUBAI / WAM The 10th edition of the Annual Investment Meeting, AIM, is set to take place from March 24-26, 2020, at the Dubai World Trade Centre. The event will offer delegates from around 150 countries a platform to keep abreast of the latest trends and best practices in investments around the world. Themed ‘Investing for the Future: Shaping Global ...

Dubai / Emirates Business Dubai Land Department (DLD) participated as ‘City Partner’ in the International Real Estate Expo (IREX) 2019 hosted by the Indian capital New Delhi over two days. This comes as part of DLD’s keenness to register a distinguished presence in major international events to promote Dubai’s real estate market and highlight the unique opportunities this sector offers ...

GENEVA / WAM The UAE Ministry of Economy and the Korean Intellectual Property Office (KIPO), signed a Memorandum of Understanding (MoU) to utilise artificial intelligence (AI) technologies in intellectual property titles such as patents, trademarks, industrial designs, and copyright. The MoU was signed in Geneva on the sidelines of the 59th Series of Meetings of the Assemblies of the Member ...