News

UAE economy set to grow 3.7% in 2019

ABU DHABI / WAM A number of economic officials and analysts have affirmed that the outlook for the UAE economy is highly positive despite global headwinds. The country’s real gross domestic product (GDP) is expected to grow 3.7 percent this year, higher than the 2.9 percent forecast for 2018 and the 0.8 percent growth achieved in 2017, according to the ...

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UAE harnesses AI to attain sustainable development

Abu Dhabi / WAM The UAE has succeeded in adopting a sustainable strategy for artificial intelligence (AI) through digital technology and youth over the past two decades and has begun early planning to transform to smart and green cities that achieve sustainable development for future generations. The UAE believes that AI is the key pillar on which service sectors and infrastructure ...

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ERC donates 50 laptops to Yemeni university

Al Mukalla / WAM As part of the ‘Year of Tolerance’ celebrations, the Emirates Red Crescent (ERC), has made delivery of 50 laptops to Hadramout University of Science and Technology. The laptops were handed on Saturday to the Dean of Students Affairs at the university, in the presence of Shawgi Al Tamimi, Supervisor of the ERC Projects. Al Tamimi said ...

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India marks Emirati culture at New Delhi book fair 2019

Abu Dhabi / WAM The falling temperatures in New Delhi had no effect on the warmth and hospitality extended to Sharjah, as the guest of honour of the 27th New Delhi World Book Fair (NDWBF 2019), by the fair organisers, National Book Trust (NBT), and other local dignitaries in attendance at the opening ceremony on Saturday. English and Hindi translations of ...

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UAE delivers 371mn polio vaccines to Pakistani kids

Abu Dhabi / WAM The UAE has provided over 371.1 million units of polio vaccines to more than 57 million Pakistani children between 2014 and December 2018, through its anti-polio drive in the country, under the UAE-Pakistan Assistance Programme (UAE-PAP). The UAE-PAP was launched under the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan and His Highness Sheikh ...

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Work begins on 40 UAE PAP-funded projects in Pakistan

Abu Dhabi / WAM Work has started on Phase III of the UAE Pakistan Assistance Programme (UAE PAP), consisting of 40 projects implemented at a total cost of AED736 million ($200 million), funded by the Abu Dhabi Fund for Development (ADFD). The programme is being implemented in line with the directives of President His Highness Sheikh Khalifa bin Zayed Al ...

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Sheikh Mohammed unveils eight principles of Dubai

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, issued a series of tweets on his official Twitter page regarding the eight principles of governance in Dubai. In his tweet, Sheikh Mohammed thanked all those who showed appreciation in the mark of his 50 years of service. ...

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SteelFab 2019 to host 300 companies

Sharjah / WAM SteelFab 2019 will witness the participation of a number of leading countries in the fields of welding and manufacturing of steel and metal. These countries will participate through national pavilions that comprise some of the largest commercial and manufacturing companies in the world. The mega-event will be hosted at Expo Centre Sharjah from January 14-17. SteelFab, which ...

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650,000 VAT returns recorded in first year

ABU DHABI / WAM Khalid Ali Al Bustani, Director General of the Federal Tax Authority (FTA), asserted that in the first year of implementing Value Added Tax (VAT) in the UAE, the Authority registered many successes from deploying easy-to-use, hi-tech electronic systems to ensuring high compliance rates among businesses across the country. The VAT system has been praised by experts ...

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AED460mn Fujairah Business Centre project 20.5% complete

Dubai / Emirates Business Dubai Investments announced that work on the AED 460 million Fujairah Business Centre project, developed by its joint venture entity Al Taif Investment, is 20.5% complete and on track to finish in June 2020, well ahead of its scheduled completion date of Q4 2020. The joint venture between Al Taif Investment and Fujairah Investment Establishment will ...

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