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UAE ranked first globally in 50 development indices

DUBAI / WAM According to the Global Competitiveness Report 2017-2018, the UAE has ranked first globally in 50 indices related to many vital community, services and development sectors. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said, “in 2007, after launching our first federal strategy, we took on ...

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Envoys briefed on Expo 2020

DUBAI / WAM UAE ambassadors and heads of the country’s missions abroad have praised the progress made in preparing for the Expo 2020 Dubai during a visit to the project site in Dubai. The visit was held on the sidelines of 12th UAE Ambassadors and Mission Heads Forum held in Abu Dhabi from February 18-22. The ambassadors were received by ...

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UAE denounces Djibouti’s cancellation of DP world pact

Bloomberg The United Arab Emirates denounced Djibouti’s cancellation of DP World Ltd.’s contract to run the Doraleh Container Terminal, calling it an “arbitrary” flouting of a signed agreement. “Djibouti government’s seizure of the Doraleh port is regrettable,’’ Minister of State for Foreign Affairs Anwar Gargash wrote on Twitter, in the UAE’s first official response to the cancellation of the Dubai ...

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FAB okays record AED7.6bn dividend

ABU DHABI / WAM First Abu Dhabi Bank (FAB) has successfully concluded its annual General Assembly Meeting on Sunday at FAB’s head office in Abu Dhabi. During the meeting, the distribution of 70 percent cash dividends — AED0.70 per share — for registered, entitled shareholders for the financial year ended December 31, 2017 were approved. Owners of FAB shares registered ...

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UAE reaffirms its commitment to back G5 Sahel Joint Force

BRUSSELS / WAM The UAE has reiterated its commitment to support the G5 Sahel Joint Force, comprising Mali, Chad, Niger, Burkina Faso and Mauritania, to promote development, stability and combat terrorism and extremism. This announcement was made during the participation of a UAE delegation, led by Reem bint Ibrahim Al Hashimy, Minister of State for International Cooperation, Minister of State ...

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Costa Rica, DP World set to discuss better and faster freight routes

Abu Dhabi / WAM Manuel A. Gonzalez Sanz, Minister of Foreign Affairs and Worship of Costa Rica, will begin his seventh visit to the UAE, invited as a key speaker at the 2nd Dubai Chamber Latin America Business Forum in Dubai, which will be held on February 27 and 28 at Dubai’s Atlantis Hotel, with connectivity, trade and investments in ...

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SZBA launches translation initiative

Abu Dhabi / WAM The Sheikh Zayed Book Award (SZBA) announced the launch of a translation initiative, in co-operation with the Frankfurt Book Fair New York branch, to provide support to publishing houses in translating the award’s winning titles into English, French and German. The initiative comes as part of the action plan in response to recommendations from the Translators’ Seminar ...

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DCCI launches Innovation Index portal

Dubai / WAM The Dubai Chamber of Commerce and Industry (DCCI) launched the Dubai Innovation Index Portal, an interactive online portal showcasing the rankings and findings of the 3rd Dubai Innovation Index. The interactive platform was unveiled as part of the Chamber’s activities and efforts organised for UAE Innovation Month. The portal provides access to valuable insights and analysis on a ...

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ADNEC hosts 3rd UMEX, SimTEX

ABU DHABI / WAM 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 3rd edition of the Unmanned Systems Exhibition and Conference (UMEX), and the Simulation Exhibition and Conference (SimTEX), were opened on Sunday by His Highness Lt. General Sheikh Saif bin ...

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AED42mn Al Falah infra project 65% complete

ABU DHABI / Emirates Business Abu Dhabi General Services Company (Musanada) has revealed that 65 per cent of the internal roads and infrastructure development project at Al Falah area has so far been completed and that work is progressing as scheduled to be eventually handed over during this year to the strategic partners. The project is aligned to the Department ...

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