News

Abu Dhabi / WAM ADNOC Downstream Investment Forum which will start in Abu Dhabi next week, is a step forward in ADNOC’s innovative initiatives that have been launched over the past two years aimed at providing added value to key companies, subsidiaries and the national economy in general. Ministers and other participants of the forum told the Emirates News Agency ...

YEMEN / WAM Thirty members of the Iranian-backed Houthi militias were killed in a series of airstrikes by Arab Coalition Fighter jets led by Saudi Arabia. The militias were confronted by the Yemeni National Resistance Forces and the Al-Amalaqah Brigade in the city of Al-Barah west of Taiz, leading to heavy losses for the Houthis, both in equipment and lives. ...

Ras Al Khaimah / Emirates Business Ras Al Khaimah Economic Zone (RAKEZ), one of the fastest growing economic zones in the Middle East, has received two prestigious wins at Transform MENA Awards 2018, taking home silver awards for both ‘Best Corporate Rebrand Following a Merger or Acquisition’ and ‘Best Internal Communication during a Brand Development Project’ categories. Now in its ...

Sharjah / Emirates Business The Sharjah FDI Office (Invest in Sharjah) and senior officials from business departments in Sharjah have met top Dutch investors and national commercial entities at the ‘Sharjah–Netherlands Business Seminar’ in Rotterdam on Wednesday, sharing latest insights about Sharjah’s rapidly transforming economic experience, which has seen a given rise to lucrative business opportunities in a diversity of ...

Dubai / WAM The Dubai Chamber of Commerce and Industry on Wednesday hosted the UAE-Moldova Business Forum at its premises, which was attended by a high-level Moldovan delegation led by Chiril Gaburici, the country’s Minister of Economy and Infrastructure. The forum, organised in cooperation with Moldova Investment and Export Promotion Organisation, MIEPO, highlighted attractive trade and investment opportunities in Moldova, ...

Cairo / WAM Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State, Chairman of the Board of Director of National Media Council (NMC), stated that the vision and directives of the UAE’s wise leadership emphasise moderation and tolerance while highlighting the importance of the role of the Arab media in raising awareness about all forms of hatred, extremism and ...

DUBAI / WAM Air Traffic Control is the cornerstone of the aviation sector and Dubai has implemented the most advanced procedure, keeping the safety of passengers and their timely travel as their ultimate priority and goal, Abdulla Al Hashmi, Executive Vice President for Operations at Dubai Air Navigation Services (dans). In his keynote address at the ATC Forum, a new ...

Dubai / WAM Nasdaq Dubai on Wednesday welcomed the listing of $500 million Sukuk by the Sharjah Islamic Bank (SIB). The listing supports the continuing expansion of SIB’s Sharia’a-compliant financial activities through its networks across the country including personal and corporate banking as well as investment banking and international services, on behalf of individual and institutional clients. Commenting on the ...

SEOUL / WAM Abu Dhabi Investment Forum was launched on Wednesday in Seoul, South Korea. The Forum is organised by Abu Dhabi Investment Office of the Department of Economic Development (DED) in Abu Dhabi in collaboration with the UAE Embassy in South Korea as part of the ADIO’s annual programme aimed at attracting FDI to the Emirate of Abu Dhabi. ...

Dubai / Emirates Business Bank of London and The Middle East (BLME), announced the opening of a branch in the Dubai International Financial Centre (DIFC). BLME is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Bank of London and The Middle East plc DIFC Branch is regulated by the Dubai ...