News

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

DUBAI / Emirates Business The first edition of the ‘First Arab Land Conference’, which is organised by Dubai Land Department (DLD), will launch on Monday and will run for three days until February 28. The ‘First Arab Land Conference’ is aligned with the ‘UAE Innovation Month 2018’ and held in partnership with the World Bank, Global Land Tool Network (GLTN), ...

ABU DHABI / WAM Abu Dhabi Global Market (ADGM), has announced it is accepting applications for the third cohort of its Regulatory Laboratory (Reglab), until May 10, with a theme focusing on enhancing access to financial services for small and medium-sized enterprises (SME). The international financial centre based in Abu Dhabi says the SME sector is a fundamental part of ...