News

Bloomberg Oil finished higher for the week after a volatile trading session that pitted gnawing doubts about global demand against supply threats from the Middle East and beyond. Futures gained 0.3 percent in New York and ended the week up 1 percent, reversing from last week’s steep loss. Oil turned higher after Mexico’s state-run oil company said crude output fell ...

ABU DHABI / WAM As of December 2018, a total of 1,088 licences have been issued for the nuclear sector in the UAE, according to Federal Authority for Nuclear Regulation’s 2018 Annual Report. Official statistics showed that as of December 2018, FANR issued 483 new licences, 459 licence renewals, and 146 licence amendments to conduct activities using radiation sources in ...

DUBAI / Emirates Business The deadline for technology start-ups to enter this year’s international AED100,000 Futurism Programme, a zero-equity accelerator initiative of Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism), closes on July 31. The annual Futurism Programme aims to boost technology innovation within the tourism industry ecosystem and further position Dubai as a leading international technology hub for ...

ABU DHABI / WAM The Mohammed bin Rashid Space Centre (MBRSC) revealed the winning logo from the design competition held for the International Astronautical Congress (IAC) 2020. IAC, which will be hosted in Dubai for the first time in the Arab world, is a global event that brings together leading space specialists and decision-makers from around the world. The event ...

SHARJAH / WAM A high-level delegation from British-Swedish multinational pharmaceutical and biopharmaceutical company AstraZeneca visited Al Qassimi Hospital for Women and Children to learn closely about hospital facilities, its specialised departments and the level of the diagnostic and therapeutic services provided there. The delegation was accompanied by Dr Youssif Al Serkal, Assistant Under-Secretary for the Ministry’s Hospitals Sector. The visit ...

DUBAI / Emirates Business Dubai Land Department (DLD), through its regulatory arm Real Estate Regulatory Authority (Rera), launched a first-of-its-kind electronic system titled ‘Mollak’ that incorporates innovations to ensure that justice and transparency are maintained. DLD prioritises customer satisfaction and hap- piness, in line with national strategies, and developed this system to help co-owned property owners and ascertain smooth and ...

DUBAI / WAM Dubai Customs has stepped-up coordination with Federal Authority for Nuclear Regulation (FANR) on procedures applied for detection, inspection and detention or release of controlled materials, while ensuing facilitation of passenger movement and border protection. This cooperation was discussed during a visit of the FANR delegation to Dubai Customs’ Passenger Operations Department. The delegation was headed by Christer ...

DUBAI / WAM The Dubai Diamond Exchange (DDE), a subsidiary of DMCC, the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, announced on Saturday the successful completion of three rough and polished diamond tenders hosted between July 16 and 23. Over 200 companies convened in Almas Tower to analyse and value the stones with ...

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, received in Abu Dhabi on Saturday His Majesty King Abdullah II of Jordan, who is currently visiting the UAE. His Highness Sheikh Mohamed bin Zayed welcomed King Abdullah’s visit, which stems from the keenness ...

ABU DHABI / WAM The UAE is a major contributor to and supporter of the humanitarian and development efforts being made by the government and people of Ethiopia to assist displaced persons and people affected by adverse humanitarian conditions, said Tagesse Chafo, the Speaker of the Ethiopian House of Peoples Representatives. ‘‘The UAE has always been at the forefront in ...