News

Bloomberg American workers enjoyed the biggest leap in pay since 2009 as job gains topped forecasts and the unemployment rate held at a 48-year low, a boost for President Donald Trump ahead of midterm elections and reason for the Federal Reserve to keep raising interest rates. Nonfarm payrolls rose 250,000 after a downwardly revised 118,000 gain, a Labour Department report ...

ABU DHABI / WAM The results of macroeconomic and sectoral indexes reflect a positive economic performance in Abu Dhabi, particularly at the level of non-oil activities, during Q2 of 2018, confirming rising levels of investor confidence and business optimism about the emirate’s economic outlook. This is revealed by Q2 economic follow-up report of results of the emirate’s macroeconomic and sectoral ...

ABU DHABI / WAM As part of its continuing commitment to efficiency and the adoption of cutting-edge technologies in its growing network of service stations, Adnoc Distribution, the UAE’s largest fuel and convenience retailer, has signed an agreement with Japan Cooperation Centre Petroleum (JCCP) to supply, install and pilot the use of a photovoltaic (PV) solar power system at one ...

ABU DHABI / WAM The UAE will on November 4, launch the Unified Customs Strategy, announced Ali Al Kaabi, Customs Commissioner and Head of the Federal Customs Authority. Al Kaabi said the strategy aims to support country’s security and customs systems, maintain community security and stability and improve UAE’s rankings in internatio-nal competitiveness indices. He stated the strategy will standardise ...

DUSHANBE / WAM UAE Ambassador to Kazakhstan and Non-resident Ambassador to Tajikstan, Dr Mohamed Ahmed bin Sultan Al Jaber, met Tajik Minister of Agriculture Izatullo Sattori, to explore prospects for joint cooperation in agriculture and food security. The Tajik minister welcomed UAE investment in these areas, expressing his government’s readiness to pr-ovide every possible assistance and facilities in this regard.

ABU DHABI / WAM The Federal Tax Authority (FTA) called on businesses registered for tax purposes not to disclose their financial or tax data to any person or organisation that is not officially authorised to deal with such data. The authority stressed in a statement that it is necessary to remain vigilant about messages received via e-mail or mobile phone ...

DUBAI / WAM Dubai International Financial Centre (DIFC) has strengthened its position as Measa’s number one fintech hub and one of the world’s top 10 FinTech hubs with a series of landmark agreements between FinTech Hive at DIFC and global Fintech accelerators. FinTech Hive at DIFC, the first and largest financial technology accelerator in the Measa region, has signed more ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the 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 UAE Armed Forces, on Saturday received the Emirati engineering team who helped design, build, and launch KhalifaSAT into orbit, ...

Cairo / WAM The UAE Armed Forces is participating in the joint Arab military exercise titled ‘Arab Shield 1’ which is taking place from November 3-16, at the Mohamed Naguib Military Base in Egypt. The major military exercise will involve land, naval and air, special forces and aim to strengthen joint military cooperation between Egypt and other Arab countries in ...

Dubai / WAM The auto-renewal service launched by the Business Registration and Licensing (BRL), sector in the Department of Economic Development (DED), Dubai, has seen a 34 percent increase in the number of total renewed licences (115,700) during the first ten months of 2018. The latest BRL report showed that the percentage of auto-renewal transactions accounted for 46.9 percent during ...