News

Musanada delivers $62mn road projects

Abu Dhabi / WAM Abu Dhabi General Services Company (Musanada), delivered two AED229.7 million ($62mn) internal road and infrastructure projects over an area of 1.2 million square metres at Mohammed Bin Zayed city in collaboration with Abu Dhabi City Municipality and Abu Dhabi Housing Authority. The company revealed that the work is 100 percent complete of the first project related ...

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Registration opens for 18th Arab Media Forum

DUBAI / WAM Dubai Press Club (DPC), organiser of the 18th edition of the Arab Media Forum (AMF), announced that registration to attend the Forum is now open. The two-day event is being held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, from March ...

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ECI-Rakbank deal to support global expansion of SMEs

DUBAI / WAM Etihad Credit Insurance (ECI), inked a Memorandum of Understanding (MoU) with the National Bank of Ras Al Khaimah (Rakbank), to assist local SMEs in accessing international markets via a number of financial services and educational tools. Under the agreement, UAE-based businesses will gain access to a portfolio of financial services and solutions such as trade credit insurance ...

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Abu Dhabi Courts introduce writ of summons in Chinese

ABU DHABI / WAM The Abu Dhabi Judicial Department (ADJD), adopted an interactive writ of summons in Arabic and Chinese, after adopting writs in other languages, including English and the Indian language, which will enable foreigners to learn about local litigation procedures. Yousef Saeed Al Abry, Under-Secretary at the ADJD, stated that the department’s efforts, upon the directives of HH ...

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Renewable energy portfolio grows by 33%, says Masdar

Abu Dhabi / WAM Masdar, Abu Dhabi Future Energy Company, has announced that its renewable energy portfolio has grown by 33 percent over the past year, reaching four gigawatts (GW), of clean energy in operation and under development across 25 countries. Speaking at the Intersolar Middle East 2019 conference, Yousif Al Ali, Director of Business Growth, Masdar Clean Energy, highlighted ...

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‘UAE a pioneering model in empowering people of determination’

Abu Dhabi / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation, has affirmed that the UAE – under the leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan – is one of the pioneering countries in the ...

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Etihad to put Dreamliners on Rome, Frankfurt route

Abu Dhabi / WAM Etihad Airways will introduce a new two-class Boeing 787-10 Dreamliner, the largest variant of the technologically advanced aircraft, on its scheduled daily morning service from Abu Dhabi to Rome, complementing the second overnight 777-300ER departure. On July 1, the airline will introduce the Boeing 787-9 Dreamliner on its two daily services to Frankfurt. The two-class 787-9 ...

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Abu Dhabi first in region to host World Road Congress

Abu Dhabi / WAM Thousands of the world’s foremost experts in road infrastructure, transport and technology will gather in Abu Dhabi this October for the first ever World Road Congress to be held in the Middle East. Held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of ...

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US, China reach consensus on many vital issues, Yi says

Bloomberg China and the US have reached consensus on many “crucial” issues and have discussed the need to observe the “autonomy” of each other’s monetary policy, People’s Bank of China (PBOC) Governor Yi Gang said. “The two sides discussed issues surrounding the yuan including the need to abide by previous commitments made by Group of 20 nations not to engage ...

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Pakistan set to receive $2bn UAE loan soon

Bloomberg Pakistan will soon get a $2 billion loan from the United Arab Emirates (UAE) as part of a package that will help boost its dwindling finances. The South Asian nation already received $1 billion in January in the first tranche of a $3 billion agreement between the Abu Dhabi Fund for Development (ADFD) and the State Bank of Pakistan, ...

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