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DUBAI / Reuters The United Arab Emirates is asking Washington to exempt it from new US tariffs on aluminium and steel and believes it has a strong case, a senior government official said on Tuesday. US President Donald Trump is pressing ahead with imposing import tariffs of 25 percent on steel and 10 percent on aluminium, but has already exempted ...

Abu Dhabi / WAM Saif Mohammed Al Hajeri, the Chairman of the Department of Economic Development — Abu Dhabi, and Park Kang-Ho, Ambassador of South Korea to the UAE, discussed with him ways to create more investment opportunities in a number of economic sectors related to advanced knowledge and technology. During the meeting, they hashed out the development of economic ...

ABU DHABI / WAM The financial facilities offered by national banks to the government and public and private sectors stood at AED11.8 billion in January, boosted by increasing dynamic economic performance and activities, according to figures released by Central Bank. Figures showed accumulated balance of financing by national banks reached AED1.3 trillion. A preliminary reading of the facilities flow index ...

DUBAI / WAM Mashreq Bank on Tuesday announced its partnership with Alipay, an online and mobile payment platform operated by Ant Financial Services Group. The first-of-its-kind association with Alipay, enables Chinese customers carry out payments at merchant outlets using their Alipay digital wallets. The move reaffirms Mashreq’s position as a leader in digital payments and innovation in the UAE. Alipay ...

Abu Dhabi / WAM The Department of Culture and Tourism — Abu Dhabi has announced that it will embark on a four-city roadshow to India along with partners and stakeholders to help promote the emirate and entice even more Indianvisitors to explore and discover Abu Dhabi. The delegation, which includes representatives from Rotana Hotels, Yas Experience, Royal Arabian Destination Management, ...

Dubai / Emirates Business In line with the Dubai Blockchain Strategy, announced by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council, which mandates that Dubai becomes the world’s first-ever government to execute all applicable transactions using blockchain technology by 2020, the first official Dubai government-hosted event, the inaugural ...

Dubai / WAM Ireland will promote its focus on innovation to a global audience of millions after confirming its participation at the UAE’s celebration of ingenuity, Expo 2020 Dubai. The country’s participation was confirmed in a letter from Ireland’s Prime Minister, Leo Varadkar, which was delivered by Paul Kavanagh, Ambassador of Ireland to the UAE, to HH Sheikh Ahmed bin ...

Abu Dhabi / WAM On the occasion of Mother’s Day, which is marked in the UAE on March 21, HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation, said that Emirati mothers have demonstrated their strength and resilience, becoming a role ...

Abu Dhabi / WAM Sultan bin Saeed Al Mansouri, Minister of Economy, said on Tuesday that relationships between the UAE and Tunisia are growing considerably across areas of economic activities. The minister also stressed the important role played by the private sector in boosting trade and investment ties between the two countries. The non-oil trade between the UAE and Tunisia ...

Abu Dhabi / WAM First Abu Dhabi Bank (FAB), has secured a licence from the Saudi Arabia Monetary Authority (SAMA), to establish a commercial banking business in Saudi Arabia as part of its organic growth strategy. The current licence allows FAB to operate up to three branches across the Kingdom, and follows the recent approval from the Capital Market Authority ...