Abu Dhabi / WAM Maqta Gateway, an Abu Dhabi Ports subsidiary, is the first Abu Dhabi entity to develop and launch its own blockchain technology, named Silsal. It will combine blockchain technology and unique digital user identities to provide a seamless and secure link between stakeholders across the trade community. Blockchain technology acts as an open digital ledger that can ...
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New business licences in Ajman Free Zone up 28%
AJMAN / WAM The strategic and dynamic location of the Ajman Free Zone (AFZ) plays a significant role in driving the commercial and industrial sectors in the emirate, in particular, and in the UAE, in general, with the AFZ management stepping up efforts to maintain its investment-conducive environment as a leading business hub in the region. The number of companies ...
Read More »DME sets open interest record of 69.2mn barrels of crude oil
DUBAI / WAM Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the Middle East, reported a new exchange-wide open interest record of 69,183 lots on May 31. This total is equivalent to almost 69.2 million barrels of crude oil. The latest figure surpasses the previous open interest record of 68,470 lots, which was set on ...
Read More »Logistics District launches e-system to reduce transit time of goods, vehicles
DUBAI / WAM The Logistics District at Dubai South has launched Masary, a new smart electronic system that reduces the transit time of goods and vehicles. The new system is considered the first of its kind in the region and will positively impact the traffic of goods and vehicles that move through the district. The Masary system is part of ...
Read More »UAE and Canada explore increasing direct flights
OTTAWA / WAM The UAE Minister of Economy, Sultan bin Saeed Al Mansouri, has met with the Canadian Minister of Transport, Marc Garneau, and discussed ways to develop joint cooperation in the air transport field and reviewed the offer made by the Canadian side to increase the number of direct flights between the two countries. During the meeting, Al Mansouri ...
Read More »UAE continued humanitarian efforts in Yemen during May
ABU DHABI / WAM The Emirates Red Crescent (ERC), rescue teams in Yemen were among the first on the ground to help in the aftermath of Cyclone Mekunu, which hit the Yemeni island of Socotra in May, by initiating immediate recovery work and providing food and relief assistance, as well as reconstructing and reopening roads and restoring power supply networks. ...
Read More »ERC provides iftar, suhoor meals to Yemeni people
HADRAMAUT / WAM The Emirates Red Crescent (ERC), continued to implement its Ramadan programmes and provide ‘iftar’ and ‘suhoor’ meals to thousands of fasting people in a number of districts of Hadramout Governorate, Yemen. The ERC teams distributed meals to patients and their families in a number of hospitals in the area. New distribution sites have been added to reach ...
Read More »KF director visits Yemenis affected by Cyclone Mekunu
Abu Dhabi / WAM In a gesture to boost their morale, Mohammed Haji Al Khouri, Director-General of the Khalifa bin Zayed Al Nahyan Foundation (KF), visited the injured Yemenis who are receiving treatment in the UAE hospitals after being evacuated from the Socotra Island following cyclone Mekunu. The Khalifa Foundation is paying the treatment expenses of those injured who were ...
Read More »Sheikha Fatima campaign offers treatment to Rohingyas
DHAKA / WAM The Sheikha Fatima Global Humanitarian Campaign has provided health care to thousands of patients including women and children among Rohingya refugees in Cox’s Bazar in Bangladesh by providing diagnostic, therapeutic and preventive services under the supervision of a number of Emirati doctors. The initiative is part of Sheikha Fatima bint Mubarak Volunteer Programme, and is operating across ...
Read More »DIRC receives ISO certification
DUBAI / WAM Dubai Investments PJSC DFM: DIC, the leading, diversified investments company listed on the Dubai Financial Market (DFM), announced that its wholly owned real estate subsidiary, Dubai Investments Real Estate Company (DIRC), won the prestigious ISO 9001:2015 certification for its quality management system. The ISO certification, received from the Russian Register and IQ Net international certification network, is ...
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