News

UAE to maintain output until oil markets stabilise

Bloomberg The United Arab Emirates will continue to adjust its oil production until the market rebalances, the Opec member’s energy minister said. “We will continue to deliver on the Opec & non-Opec commitment for voluntary production adjustments, until the global market is re-balanced,” Suhail Al Mazrouei said on Twitter. “UAE compliance for the month of February 2019 will meet, if ...

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VP, Mohamed open Qasr Al Watan in Abu Dhabi

Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, led the opening ceremony of Qasr Al Watan – the nation’s newest cultural landmark housed ...

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Airport Trade Exhibition offers a key platform for international companies

Dubai / WAM Considerable investment in airport infrastructure expansion in the Middle East, North Africa and South Asia (Menasa), is attracting companies from across the world to further consolidate their business through participating in Dubai’s Airport Trade Exhibition. The world’s largest annual airport exhibition will return for its 19th year in Dubai this April, with a record 375 exhibitors from ...

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Sakina Shbib all set to retail her collection from top stores in UAE

DUBAI / Emirates Business French based high fashion label Sakina Shbib is all set for major expansion in the Middle East and Indian market. After gaining comfortable foothold in the French market she has forayed into the Middle East. It can be seen that a large part of the multibillion dollar Middle East fashion market is dominated by the international ...

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Nama vows to connect 3,500 youths to job opportunities

Dubai / WAM Nama Women Advancement Establishment (NAMA), announced its support to Education For Employment (EFE), efforts to train 3,500 Jordanian, Palestinian and Egyptian youth – 50 percent of them young women – and link them to job opportunities. This came as part of a partnership signed between the two sides at the Education For Employment Summit held in Dubai. This ...

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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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