News

Abu Dhabi prioritises social development, invests in people

ABU DHABI / WAM Abu Dhabi’s Department of Community Development is to launch its second survey to explore the needs of the community and assess the challenges facing the emirate’s development process. This is part of the department’s commitment to ensure the social welfare of the Abu Dhabi community, carrying on the legacy of the Founding Father, Sheikh Zayed bin ...

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Trade war threatens to derail emerging market bond rally

Bloomberg The best returns in a decade for emerging-market bonds just got a further boost as central banks move towards more easing. Now fund managers must navigate trade tensions and geopolitics that could derail the rally. Investors are optimistic after the Federal Reserve signalled it was ready to cut interest rates and the European Central Bank indicated more stimulus may ...

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Abu Dhabi, Dubai receive 6mn tourists in 3 months

ABU DHABI / WAM A total of 6.04 million foreign tourists visited Abu Dhabi and Dubai during the first three months of the year, a growth of 1.8 percent on year, figures by the Central Bank of the UAE showed. Dubai received 4.75 million from January to March against 4.65 million in the comparable period last year, with tourist arrivals ...

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New defence facility opens at Tawazun Industrial Park

ABU DHABI / WAM UAE armed forces and defence industry representatives attended the opening of a new facility at Tawazun Industrial Park (TIP) for the assembly of unmanned aerial and maritime target systems used in military training, test and evaluation in the UAE. The new venture, established by Houbara Defence and Security LLC, is a partnership between Middle East General ...

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Major Twitter initiative for youth launched in UAE

Dubai / WAM Twitter CEO Jack Dorsey visited the UAE for the first time on Monday, launching a major philanthropic initiative, #YouthForGood, together with the UAE’s Youth Hub and Shamma bint Suhail Faris Al Mazrui, Minister of State for Youth Affairs. HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, ...

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Mohamed, Brazilian minister discuss ties

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, on Monday received at Qasr Al Bahr Majlis Marcos Pontes, the Brazilian Minister of Science, Technology, Innovation and Communications, and reviewed prospects for fostering bilateral relations. The meeting explored ways of advancing bilateral investments ...

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TRA rolls out new strategy to combat cybercrimes in UAE

DUBAI / WAM The Telecommunications Regulatory Authority (TRA), on Monday announced the launch of the ‘UAE National Cybersecurity Strategy’ during a press conference held at TRA offices in Abu Dhabi and Dubai. The new strategy aims to create safe and resilient cyber infrastructure in the UAE that enables citizens to fulfil their aspirations and empowers businesses to thrive. Hamad Obaid ...

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Hamdan lauds Islamic economy contribution to Dubai’s GDP growth

DUBAI / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has said that the growing contribution of the Islamic economy sector in Dubai’s gross domestic product (GDP), reflects the ability of the UAE’s economy in achieving growth and highlights the success of economic diversification plan. This is ...

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Abu Dhabi Airports wins CIPS procurement award

ABU DHABI / WAM Abu Dhabi Airports secured a ‘Procurement Excellence Gold Award’ from the Chartered Institute of Procurement and Supply (CIPS), following its completion of a comprehensive award submission. Abu Dhabi Airports is the only airports group in the world to have achieved the CIPS Advanced Level, and the first in the Mena region to have successfully been certified ...

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Castrol launches initiative to support workshops in UAE

Dubai / Emirates Business Castrol, the world leading manufacturer, distributor and marketer of premium lubricating oils, greases and related services to automotive, industrial, marine, aviation, oil exploration and production customers, has launched a new initiative to support workshops around the UAE. A newly introduced fleet of dedicated delivery vehicles serving the whole of the UAE has been put in place ...

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