SHARJAH / WAM United Arab Bank (UAB) reported net profits for the first six months of 2018 at AED81 million, representing an uplift of 46 percent compared with the same period last year, primarily driven by growth in ‘core’ income and reduction in provision charges following a transition to a lower risk business model. Total income reached AED341 million, with ...
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Abu Dhabi launches 13 new digital services
ABU DHABI / WAM The Urban Planning and Municipalities Department has laun-ched 13 new digital services as part of its efforts to participate in the digitalisation drive and the modern vision of our leaders, who are keen to improve the quality of services and bringing happiness to community members. The move also responds to the needs of sustainable development and ...
Read More »Dubai FDI deepens ties with Egypt
Dubai / WAM Dubai FDI, the investment development agency of Dubai Economy Department (DED) has moved to strengthen Dubai’s business and investment ties with Egypt, following its meeting with high-level Egyptian delegates from the General Authority for Investment and Free Zones. During discussions held in Dubai, both parties tackled volume of foreign investments coming into the city as a result ...
Read More »Mohammed inspects passenger amenities at Dubai airport
Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, on Sunday carried out an inspection at Dubai International Airport to review the flow of passenger traffic and examine the passenger facilities. His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, and His Highness ...
Read More »ADGM, S Africa’s CIPC to enhance cooperation in field of registries
Abu Dhabi / WAM The Registration Authority of Abu Dhabi Global Market (ADGM), signed a Memorandum of Understanding (MoU), with the Companies and Intellectual Property Commission (CIPC), of South Africa. As part of the MoU, ADGM will work collaboratively with CIPC on issues of mutual interest in the registries sector by incorporating each organisation’s appropriate resources and technical capacity. The MoU ...
Read More »$5.6mn work on Abu Dhabi ‘wildlife centre’ complete
Abu Dhabi / WAM The Abu Dhabi General Services Company (Musanada), has completed AED20.58 million ($5.6 million) construction and maintenance project of the facilities at the Delaija Wildlife Management Centre, for the Environment Agency – Abu Dhabi (EAD). The project stretches over a gross area of 520,000 square metres. Commenting on the announcement, Razan Khalifa Al Mubarak, EAD Secretary-General, said, “Managed ...
Read More »Zayed University signs agreement with Oliv
Dubai / WAM Zayed University (ZU), signed a Memorandum of Understanding (MoU), with Oliv Development and Training Company to provide students and fresh graduates the right training and guidance opportunities for easier job picks. The MoU was signed by Dr Marilyn Roberts, University Provost, and Jean-Michel Gauthier, CEO of Oliv, at the university campus in Dubai Based on the MoU, ...
Read More »Adnoc showcases its sustainable cultivation of dates
Abu Dhabi / WAM Building on its role as a pillar of the Emirati community, the Abu Dhabi National Oil Company (Adnoc), is showcasing its sustainable cultivation of dates at the Liwa Date Festival, which will be held until July 28. Held under the patronage of HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential ...
Read More »UAE ministry, Masdar agree to promote sustainable practices
ABU DHABI / WAM The Ministry of Infrastructure Development and the Abu Dhabi Future Energy Company (Masdar), have signed a cooperation agreement to support the application of sustainability best practices. The agreement was signed by Hassan Mohammed Jumaa Al Mansouri, Under-Secretary of the Ministry of Infrastructure Development, and Mohamed Jameel Al Ramahi, CEO of Masdar, in the presence of Abdullah ...
Read More »Khalifa bin Zayed hospital opens in Turkmenistan
ABU DHABI / WAM The Khalifa bin Zayed Al Nahyan Foundation has opened the Sheikh Khalifa bin Zayed Al Nahyan paediatric hospital in Mary province, Turkmenistan, at a cost of AED110 million ($30 million). Construction of the hospital is in line with the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, and His Highness Sheikh Mohamed bin ...
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