News

‘Political solution only way to stop bloodshed in Syria’

Geneva / WAM The UAE has reiterated its firm belief that a political solution is the only way to stop the bloodshed, restore security and stability, and end the conflict in Syria, during the Human Rights Council session in Geneva. The statement was delivered by Fatma Ahmed Al Muhairi, Third Secretary at the UAE Diplomatic Mission in Geneva, as part ...

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Sharia-compliant Noor Bank gets FCI membership

Dubai / Emirates Business Noor Bank, a leading Shari’a compliant bank in the UAE, is the first Islamic bank to have successfully obtained associate membership of FCI, a global representative of the factoring and receivables finance industry. This significant membership will enable Noor Bank to leverage the FCI network in more than 90 countries to offer export and import factoring ...

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DEWA plans world’s 1st automated renewable energy digital utility

Dubai / WAM The world’s first automated, artificial-intelligence-powered renewable energy digital utility is set to be established in Dubai. The utility is proposed by the Dubai Electricity and Water Authority (DEWA), for the Dubai 10X Initiative, an ambitious venture overseen by the Dubai Future Foundation (DFF). The “Digital DEWA” project – the Authority’s digital arm – re-imagines operational procedures for ...

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Dubai issued 1,646 new business licences in Feb

Dubai / WAM The Department of Economic Development (DED), has issued 1,646 new business licences during February 2018 and completed 23,407 business registration and licencing transactions, as Dubai maintained its ability to attract businesses looking to grow competitively and sustainably. Of the total, 11,300 transactions were related to renewals while 2,060 Initial Approvals were given and 3,029 trade names reserved ...

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SEWA, GE discuss potential projects

SHARJAH / WAM Sharjah Water and Electricity Authority (SEWA), hosted on Wednesday a high-level delegation from General Electric Power (GE Power), to discuss potential projects to strengthen Sharjah’s power sector in line with the SEWA’s Vision 2020 and the UAE Energy Plan 2050 aimed at driving a culture of innovation, sustainability, cutting carbon dioxide emissions, increasing clean energy and strengthen ...

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Mashreq named ‘best local bank in UAE’

Dubai / WAM Mashreq Bank has announced that it received two awards at the 2017 EMEA Finance Middle East Banking Awards. The Bank was presented with the ‘Best Local Bank in United Arab Emirates’ and the ‘Best Product Launch in Middle East’ for its card-less cash withdrawal for corporates, which is one of an extensive line of products and solutions ...

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FNC approves draft product safety law

Abu Dhabi / WAM The Federal National Council (FNC), has approved, during the 12th session of the third ordinary session of its 16th legislative chapter that was held on Wednesday, which was headed by Marwan bin Ghalita, First Deputy Speaker of the FNC, a draft federal law on product safety, after adding to and amending some of its articles. The ...

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DFWAC helped 822 children so far

Dubai / WAM The Dubai Foundation for Women and Children (DFWAC), announced that it helped 822 children of child abuse since its establishment in 2007 until the beginning of the year 2018. Accommodation services were provided for 492 children, while 330 children were provided with external care and rehabilitation services. This came as a part of the special report issued ...

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NMC’s ‘Pen Print’ initiative to promote reading

ABU DHABI / WAM The National Media Council (NMC), has launched the ‘Pen Print’ initiative to encourage members of the community to make a habit of visiting book stores located in malls and commercial centres. The initiative – part of the NMC’s efforts to support the Month of Reading in March 2018 – also supports Emirati writers, promotes their publications ...

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