ABU DHABI / WAM In collaboration with the local customs administrations, the Federal Customs Authority initiated the executive procedures to unify customs system across the UAE. The move is meant to authorise common customs electro-nic system within all local customs administrations as well as border zones in order to contribute to cementing the security scheme, facilitate trade, simplify clearing procedures, ...
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ADX bolsters ties with Shanghai exchange
Abu Dhabi / Emirates Business A delegation from the Abu Dhabi Securities Exchange (ADX), headed by HE Khalifa Salem Al Mansouri, Acting Chief Executive of ADX, visited the Shanghai Stock Exchange. The visit comes as part of the framework of strengthening the comprehensive strategic partnership between the financial markets and exploring and enhancing the partnership and cooperation opportunities for investors ...
Read More »Over 30 nations to participate in RAK SME expo
RAS AL KHAIMAH / WAM So far 33 countries have confirmed their participation in the first and largest international exhibition for small and medium-sized enterprises, SMEs, which Ras Al Khaimah will host next November, the organisers said. Mohamed Musabbeh Al Nuaimi, Chairman of the RAK Chamber of Commerce and Industry, which is organising the event, said that the event, which ...
Read More »Pound seen hitting 34-year low if Johnson drags UK to no-deal
Bloomberg The pound will tumble to the lowest level since 1985 if the UK leaves the European Union without a deal, a prospect that looks more likely now than six months ago, according to a Bloomberg survey of analysts. There is now a 30 percent chance that Britain will exit the bloc in October without a divorce agreement, the poll ...
Read More »UAE ministry completes first phase of aerial mapping of agriculture areas using drones
Abu Dhabi / WAM The Ministry of Climate Change and Environment (MOCCAE), on Saturday announced the completion of Phase I of its research project to map agricultural areas across the UAE’s northern emirates using drones. Spanning 550 sq kilometres of agricultural lands across Dubai, Sharjah, Ajman, and Umm Al Qaiwain, the first phase mapped as many as 41 categories of ...
Read More »Dennemeyer: The whole new world of intellectual property
DUBAI / Sarah Mahmoud The Dennemeyer Group has 57 years of experience in the provision of international services in the field of intellectual property, such as the payment of annual fees for patents, the renewal of trademarks, filing of Recordals, the strategic consultancy in the field of IP, and advanced software solutions for the effective management of intellectual property as ...
Read More »Hub71 welcomes seven new startups from six sectors
Abu Dhabi / Emirates Business Hub71 announced that seven new startups will bring a significant part of their operations and presence to the Abu-Dhabi based tech hub. The seven startups are specialised in fintech, health tech, travel tech, artificial intelligence (AI), blockchain and social impact. Spanning across many industries, the startups include two Emirati founders who have decided to build ...
Read More »33 countries to participate in RAK SME expo
RAS AL KHAIMAH / WAM So far 33 countries have confirmed their participation in the first and largest international exhibition for small and medium-sized enterprises, SMEs, which Ras Al Khaimah will host next November, organisers said. Mohamed Musabbeh Al Nuaimi, Chairman of the RAK Chamber of Commerce and Industry, which is organising the event, said that the event, which will ...
Read More »18.1 million people used Dubai Metro in H1 2019
DUBAI / WAM As many as 296.22 million riders used public, shared transport and taxis in the first half of this year in Dubai, according to the H1 report issued by the Roads and Transport Authority (RTA). The number reflects a healthy 6.5 percent growth rate from the figure recorded in the same period last year, which was 277.91 million ...
Read More »Ties with ICBC set to streamline ease of doing business in Kizad
Abu Dhabi / WAM Abu Dhabi Ports and Jiangsu Overseas Cooperation Investment Co. Ltd. (JOCIC), have signed a five-year agreement with Industrial and Commercial Bank of China (ICBC), to make it easier and quicker for Chinese companies to do business at Khalifa Industrial Zone (Kizad), Abu Dhabi’s integrated trade, logistics, industrial and free zone. Abu Dhabi Ports, the operator and ...
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