DUBAI / Emirates Business Schneider Electric, the leader in digital transformation of energy management and automation, announced that energy efficiency innovations are enabling the UAE’s $72 billion worth of energy investments during the recent Innovation Day Dubai. Boosted by the UAE Energy Strategy, which aims to generate 50 percent of its energy from clean energy, and the Dubai Clean Energy ...
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Sheikh Sultan Al Qasimi inaugurates 37th SIBF
SHARJAH / WAM His Highness Dr. Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, inaugurated the 37th edition of the Sharjah International Book Fair (SIBF), on Wednesday. HH Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, and HH Sheikha Jawaher bint Mohammed Al Qasimi, wife of HH the ...
Read More »UAE and China discuss economic cooperation
DUBAI / WAM Juma Mohammed Al Kait, Assistant Under-Secretary for Foreign Trade Affairs at the Ministry of Economy, discussed, with a delegation from the Ningxia region of China, headed by Xiang Chigang, Mayor of Yinchuan, ways of promoting their commercial and economic cooperation. During the meeting, which was held at the ministry’s headquarters in Dubai, both sides highlighted the importance ...
Read More »FDI law represents quantum leap in business environment
ABU DHABI / WAM Sultan bin Saeed Al Mansouri, Minister of Economy, has said that the issuance of Law No.19 of 2018 on Foreign Direct Investment (FDI), represents a quantum leap in the business environment in the country, strengthening its attractiveness to FDI and supporting its efforts at attracting qualitative investments in sectors such as knowledge, innovation and advanced technology, ...
Read More »DP World, NIIF to build $78mn ‘warehousing zone’ at Mumbai port
DUBAI / WAM Hindustan Infralog Private Limited (HIPL), a joint venture between DP World (65%) and the National Investment and Infrastructure Fund (NIIF), (35%), has won the bid to develop and operate the Free Trade Warehousing Zone at India’s largest container gateway – Jawaharlal Nehru Port Trust (JNPT), for $78 million. Hindustan Infralog Private is the recently created investment vehicle ...
Read More »UAE reinforces its presence in world of digital media
ABU DHABI / WAM The UAE has reinforced its presence in the world of digital media, through innovative strategies that have helped to convey its message locally and internationally. The UAE’s digital media is being supported by many senior officials. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, declared ...
Read More »GIES: Adopt new technologies to advance Islamic economy
Dubai / WAM The Global Islamic Economy Summit 2018 in Dubai concluded on Wednesday with a call for halal industries to embrace innovative technologies in order to ensure their sustainable growth. The high-level summit, the largest event dedicated to all aspects of the Islamic economy, was held on October 30-31, and attended by over 3,000 visitors, including HH Sheikh Hamdan ...
Read More »Flag Day carries message of pride in our leadership, says Nahyan bin Zayed
Abu Dhabi / WAM His Highness Sheikh Nahyan bin Zayed Al Nahyan, Chairman of the Board of Trustees of Zayed bin Sultan Al Nahyan Charitable and Humanitarian Foundation, said that celebrating UAE Flag Day is of great significance to the nation’s citizens and residents. “It reflects the immense pride in our visionary leadership of President His Highness Sheikh Khalifa bin ...
Read More »ERC distributes food aid in Tarim, Yemen
Tarim / WAM The Emirates Red Crescent (ERC), has distributed food aid in Tarim in the Hadramout Governorate of Yemen, as part of ongoing efforts to improve living conditions and alleviate the suffering of Yemeni people. The ERC distributed 250 food baskets to 1,250 families who lauded the UAE’s continuous support of Yemen and its people in the face of ...
Read More »UAE contributes $4.5mn to green development
Dubai / WAM Dr Thani bin Ahmed Al-Zeyoudi, Minister of Climate Change and Environment, on Wednesday announced that the UAE will contribute $1.5 million annually for the period 2019 to 2021, cumulatively amounting to $4.5 million, to fund the projects carried out by the Global Green Growth Institute (GGGI). The announcement was made at the GGGI’s Assembly and Council, held ...
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