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Abu Dhabi upgrades licencing mechanisms for ‘food trucks’

Abu Dhabi / wam Department of Economic Development Abu Dhabi (Added), is currently preparing a study to regulate and develop licencing mechanisms for food-vending mobile vans (Food Trucks) under “Tajer Abu Dhabi License”. The study represents one of the initiatives in support of the Abu Dhabi economy package aiming to facilitate doing businesses and supporting the private sector. The study is ...

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UAE, Morocco to promote financial services sector

abu dhabi / WAM The Registration Authority of Abu Dhabi Global Market (ADGM), and the Casablanca Finance City Authority (CFCA), signed a Memorandum of Understanding (MoU), to foster closer collaboration among the UAE, Morocco and Africa and jointly promote the development of financial services in the respective markets. The MoU was signed by Dhaher bin Dhaher Al Mheiri, CEO of ...

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Sheikha Fatima Global Humanitarian Campaign begins in Pakistan

KARACHI / WAM The “HH Sheikha Fatima Global Humanitarian Campaign” began in Kathor, Las Bela, Balochistan, Pakistan. The campaign aims to treat children, women and elderly people, under the slogan, “We are all Mother Fatima,” as the first specialist initiative of its kind that will provide the best diagnostic, treatment, preventive and surgical services to poor people, under the supervision ...

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Mohamed receives president of UN General Assembly

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, received on Monday at Al Bahr Palace, Maria Fernanda Espinosa, President of the United Nations General Assembly (UNGA), at Al Bahr Palace, on Monday. Espinosa is currently visiting the UAE to take part in ...

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UAE exemplary for emerging economies, says UNCTAD chief

DUBAI / wam The Secretary-General of the United Nations Conference on Trade and Development (UNCTAD), described the UAE economy as “exemplary for emerging economies.” “I am very impressed by the economic diversification efforts made by the UAE and the new and innovative ways adopted by the country to accelerate new and innovative ideas, as well as increase and diversify foreign ...

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ADFD discusses investing in digital economy at WGS

Abu Dhabi / WAM Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, is supporting the seventh edition of the World Government Summit (WGS 2019), as a strategic partner, and participating in several crucial sessions and meetings. At WGS 2019, the fund was recognised by the Global Council for Sustainable Development Goals for its efforts ...

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Drax captures first CO2 in move to reduce emissions

Bloomberg Drax Group Plc has started capturing carbon dioxide at its Yorkshire power plant for the first time in a pilot project to develop the technology. The six-month bioenergy carbon capture and storage test aims to suck up a ton of carbon dioxide a day at its biomass plant, with technology that isolates the pollutant from flue gases released when ...

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China’s holiday spending slows, underlining tough start to 2019

Bloomberg The downward pressure on China’s consumption persisted over the Lunar New Year holiday, the annual festival when people travel, shop, and give gifts or money. People in China spent 1.01 trillion yuan ($149 billion) at restaurants, shopping malls and online outlets over the week-long holiday, according to the Ministry of Commerce. That was 8.5 percent higher than during last ...

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Imran Khan pledges ‘deep’ Pakistan reforms as IMF vows support

Bloomberg Pakistan’s Prime Minister Imran Khan pledged to carry out deep structural reforms of an economy that’s staring at a balance-of-payment crisis, after the International Monetary Fund (IMF) offered to avert it. There was a convergence of views on structural reforms in a meeting with Managing Director Christine Lagarde in Dubai on February 10, Khan said in a twitter post. Pakistan ...

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