News

Abu Dhabi / WAM The UAE Cabinet has adopted a decision to extend the visa of the widowed or divorced women residing in the UAE and their children for one year from the date of the divorce or the death of the spouse, as part of the latest legislative facilitations approved by the Cabinet. The decision grants widows and divorced ...

Abu Dhabi / WAM Dr Jamal Mohammed Al Hosny, Director-General of the National Crisis and Emergency Management Authority (Ncema), said that the UAE is a humanitarian model among leading countries of establishing bridges of rescue and supporting people affected by disasters and wars. In his statement on the approval of the UAE Cabinet of a decision to grant one-year residency ...

Abu Dhabi / WAM HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the Emirates Red Crescent (ERC), affirmed the UAE’s commitment to support refugees, highlight their humanitarian situation and help them overcome their conditions. In his statement for the annual International Day of Refugees on June 20, he said that the UAE, ...

Abu Dhabi / WAM The UAE Central Bank (CBUAE), announced that it has published an Amendment to ‘Annexure 2’ of the ‘Regulations Regarding Bank Loans and Services Offered to Individual Customers (2011)’. The amendment sets out the new maximum limits or ‘fee caps’ for fees or commissions charged on retail customer service. The fee caps apply to banking consumer related ...

Dubai / WAM Dr Hanif Hassan Al Qasim, Chairman of the Geneva Centre for Human Rights Advancement and Global Dialogue, praised the decision of the UAE Cabinet, led by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, to grant one-year residency permits to the citizens of countries facing wars and ...

Abu Dhabi / WAM A delegation led by the Abu Dhabi Convention Bureau (ADCB), will attend The Meetings Show – the premier event for the inbound and outbound meetings and the event industry in the UK in London on June 27-28, to raise awareness of the emirate as a world-class event, incentive and exhibition hub. The Abu Dhabi delegation will ...

Bloomberg ZTE Corp. dived 27 percent after American lawmakers passed a bill to restore severe penalties on China’s second-largest telecoms gear-maker, potentially up-ending a deal struck with President Donald Trump to allow it to get back in business. The company has lost $7.2 billion of market capitalisation in the past week, as its Hong Kong shares slid to their lowest ...

Bloomberg Vietnam boasts one of the world’s fastest-growing economies, optimistic citizens and a stable government. But below the surface of positive data points lies discontent that spilled over during recent protests across the country. Hundreds of anti-riot police blanketed central Ho Chi Minh City on June 17, the nation’s thriving commercial centre, to prevent demonstrations after thousands of Vietnamese took ...

Bloomberg Saudi Arabia’s crude exports jumped in the first half of June, before the world’s largest oil exporter meets with other producer states to thrash out a collective production policy. Observed shipments from the country’s Persian Gulf and Red Sea ports averaged 7.388 million barrels a day during the first 15 days of June, compared with 7.145 million barrels a ...

Bloomberg For the first time ever, Moody’s Investors Service cut its outlook for US utilities to negative, warning that the sector’s debt levels have reached their highest since the financial crisis and may remain there for months. The sector’s consolidated debt-to-equity ratio has hit the highest level since 2008 as companies finance mergers, acquisitions and other investments in renewable energy ...