News

Abu Dhabi / WAM Held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the 28th edition of Abu Dhabi International Book Fair (ADIBF), was officially inaugurated on Wednesday by His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and ...

DUBAI / WAM Dubai’s tourism sector rallied strongly, steadily picking up pace through the first three months of 2018 in light of growing currency pressures as it continued to retain and grow share across global markets. Welcoming 4.7 million international overnight tourists from January-March 2018, the emirate posted a stable 2 percent increase in traffic versus the same period last ...

New York / WAM The UAE has urged United Nations’ agencies and Member States to take collective action to identify countries that support and finance terrorism and hold them accountable. This call was made at the UN High-Level Meeting on Peacebuilding and Sustainable Peace by Zaki Nusseibeh, Minister of State and Head of the UAE delegation to the meeting. “An ...

Dubai / WAM The Dubai Business Women Council (DBWC) in cooperation with the American University in Dubai, has organised a workshop at the Dubai Chamber of Commerce and Industry on blockchain technology and cryptocurrencies. The workshop is part of the council’s efforts to enhance the knowledge of its members on the latest topics and issues related to business and entrepreneurship. ...

Dubai / WAM The UAE and Kenya have signed a Memorandum of Understanding (MoU), which aims to promote cooperation in the area of domestic employment. The MoU, which is complemented by a cooperation agreement on domestic workers, was signed by Nasser bin Thani Al Hamli, Minister of Human Resources and Emiratisation, and Ukur Yatani Kanacho, Minister of Labour and Social ...

Dubai / WAM The UAE is the leading nationality in the MENA region, occupying the 46th position of out 167 nationalities, according to the 3rd edition of the Henley and Partners – Kochenov Quality of Nationality Index (QNI), which was launched in London on Wednesday. In the latest edition of QNI, the UAE nationality has significantly outperformed to become the ...

Abu Dhabi / WAM Abu Dhabi’s Smart Solutions and Services Authority (ADSSSA), signed 14 service level agreements to govern the digital data exchange process and streamline work between digital data providers and users. Aiming to further develop AD CONNECT — a comprehensive work system to enable governmental entities in Abu Dhabi to digitally exchange government documents — the agreements aim ...

Bloomberg For generations of investors, Exxon Mobil Corp. has been a cornerstone of fund managers’ portfolios alongside the biggest names in corporate America. Not so much any more. From leading the S&P 500 Index a decade ago, the company has dropped to the ninth-largest in a top 10 now dominated by technology giants. Its rivals Royal Dutch Shell Plc and ...

Bloomberg Saudi Arabian Oil Co. and Total SA are weighing jointly buying businesses such as Tas’helat Marketing Co to gain access to networks of retail fuel stations in the Gulf kingdom, according to people with knowledge of the matter. The state-owned company, known as Aramco, and the French oil giant are also looking at a range of options from consolidating ...

Bloomberg Are Berlin’s close energy ties with Moscow paying off? Data from Russia’s Federal Customs Service shows they might be after Germany paid less for natural gas from the world’s largest exporter than most other buyers. Only the UK, which produces most of its own gas, had lower import costs among the biggest offtakers, according to the figures obtained by ...