News

Bloomberg China has tapped Saudi Arabia for a record volume of crude as the world’s biggest exporter plugs a shortage from sanctions-hit Iran. Asia’s biggest buyer shipped 7.72 million metric tonnes of crude, or 1.89 million barrels a day, from Saudi Arabia last month, according to data from China’s General Administration of Customs. Shipments from the Opec producer made up ...

BEIJING / WAM Dr Ali Obaid Al Dhaheri, Ambassador of the UAE to China has said that the visit of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, to China, has achieved many political, economic and cultural successes. In an exclusive interview with the Emirates News ...

ABU DHABI / WAM The Ministry of Economy said that the two proposals by the United States of America to the World Trade Organisation (WTO) related to developing member countries and the benefits granted to countries with the special status will not affect the UAE’s current obligations to the organisation. It also noted that the UAE will not oppose related ...

ABU DHABI / WAM Etihad Airways is to boost its services from Abu Dhabi to London Heathrow by adding a fourth year-round daily service between the two capitals, launching on October 27. The new service introduces a convenient mid-morning departure from Abu Dhabi and a late evening departure from London Heathrow and follows the introduction of additional seasonal services this ...

DUBAI / WAM The Cityscape Global Conference 2019 will reflect PropTech’s high sector profile with its theme: ‘Adapting to Change: Charting a Course in an Era of Transformation.’ PropTech – the technology that is transforming the real estate and development eco-system – is being prioritised by the upcoming Cityscape Global exhibition in Dubai and its content platforms with exhibitors saying ...

DUBAI / WAM Dubai Economy has unveiled a platform initiative to facilitate research and development (R&D) collaboration between the different ecosystem operators in the emirate, which is expected to accelerate innovation in Dubai. It is also aimed at consequently supporting the mission and strategy of Dubai Economy to promote the competitiveness and sustainable growth of the local economy. Khalid Al ...

ABU DHABI / WAM Abu Dhabi Fund for Development (ADFD) received the ISO 31000 – Risk Management certification from the British Standards Institute (BSI). As the first financial institution in Abu Dhabi to obtain the accreditation, the ISO 31000 — Risk Management framework will help ADFD accelerate its efforts to achieve wider strategic objectives, and identify opportunities and threats well ...

DUBAI / WAM As part of its strategy for the optimal use of resources and energy, Roads and Transport Authority (RTA) has carried out 74 initiatives encompassing prominent projects in the field of green economy, environmental sustainability, and power efficiency. The ultimate objective of this drive is to use sustainable options and respond to the UAE Green Growth Strategy launched ...

DUBAI / Emirates Business Reiterating its commitment to serving as a responsible corporate citizen, du, from Emirates Integrated Telecommunications Company (EITC), has announced the release of its 2018 annual sustainability report. Raising the bar for sustainability benchmarks in the UAE, du’s three core pillars reflect the company’s desire to deve-lop strategies that make its business more innovative and responsible. Prepared ...

ABU DHABI / WAM Abu Dhabi Global Market (ADGM) has been named ‘Best International Financial Centre (EMEA) 2019’ by London-based Capital Finance International (CFI.co) in recognition of its role in the advancement of capital markets and financial ecosystem across Europe, the Middle East and Africa region. The judging panel commended ADGM for its comprehensive vision and its efforts in transforming ...