ABU DHABI / WAM Abu Dhabi Global Market (ADGM), announced its upcoming launch of a new initiative, ‘FinTech 50’, and the third edition of the ‘Innovation Challenge’, as part of the fintech Abu Dhabi Festival 2019. The ADGM Innovation Challenge poses a set of fintech problem statements that represent the various challenges that financial institutions, corporates, and consumers face in ...
Read More »ABU DHABI / WAM Abu Dhabi International Airport (AUH), handled 564,042 passengers during the nine-day-long Eid Al Fitr holiday, the beginning of the summer season. During the holiday period, between May 31 and June 8, AUH welcomed 200,867 origin and destination (O&D) travelers, and a total of 361,764 transit passengers. The top five destinations for passengers departing from AUH were: ...
Read More »ABU DHABI / WAM Khalid Ali Al Bustani, Director-General of the Federal Tax Authority (FTA), revealed that the FTA approved 390 requests to refund housing tax worth AED17.52 million, in implementation of the vision of the UAE’s leadership to create a modern housing system for UAE citizens and provide them with the best living standards. In statements to Emirates News ...
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Abu Dhabi / WAM His Highness Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council, on Wednesday inaugurated one of the world’s largest offshore oil platforms – the Umm Lulu Gas Treatment Plant (ULGTP), in the presence of His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, and His ...
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Dubai / WAM Organisations that adopt smart solutions in their manufacturing and logistics processes achieve measurable benefits and efficiency in their operations, concluded industry decision makers and logistics professionals at the second edition of DI Talks, a series of expert-led discussions hosted by Dubai Industrial City, one of the largest industrial hubs in Dubai and a part of Tecom Group. ...
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Abu Dhabi / WAM The two-day agenda for the upcoming inaugural Abu Dhabi Climate Meeting (ADCM), has been announced, with UN Secretary-General Antonio Guterres set to welcome more than 1,000 of the world’s leading political figures and climate action experts to the UAE capital. Set to run on June 30 and July 1 at Emirates Palace in Abu Dhabi, the ...
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NEW DELHI / WAM More than 200 start-ups across New Delhi and Bengaluru expressed their interest in entering the Dubai market during a roadshow organised recently by the Dubai Startup Hub, an initiative of the Dubai Chamber of Commerce and Industry. A total of 10 shortlisted start-ups in both cities were given the opportunity to pitch their businesses to a ...
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Abu Dhabi / WAM The Board of Management of the UAE’s Federal Authority for Nuclear Regulation (FANR), reviewed its performance report during Q1 of the year, discussing the various planned activities to be undertaken across the year supporting its mission in regulating the nuclear sector in the UAE. The Board learned about latest updates of the FANR ongoing review of ...
Read More »GENEVA / WAM The United Arab Emirates and Barbados have joined forces to co-host major United Nations Conference on Trade and Development (UNCTAD) events in 2020. Barbados will host the 15th UNCTAD quadrennial conference in Bridgetown, while the UAE will host the World Investment Forum and the first eCommerce Week for Asia in Abu Dhabi. The two countries will co-chair ...
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Bloomberg American technology companies have resumed selling certain products to Huawei Technologies Co after concluding there are legal ways to work with the Chinese telecom giant in spite of its inclusion on a Trump Administration blacklist. Micron Technology Inc, the largest US maker of computer memory chips, said that it had started shipping some components to Huawei after its lawyers ...
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