News

Dubai-Spain trade hits AED3.4bn in first half

  DUBAI / WAM The total trade between Dubai and Spain reached AED3.4 billion during the first half of this year, Dubai Customs revealed. ‘‘Imports, exports and re-exports stood at AED2.77 bn, AED389 million exports, and AED271 mn respectively,’’ said Ahmed Abdul Salam Kazim, Director of Strategy and Corporate Excellence at Dubai Customs, as he briefed a visiting Spanish delegation ...

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FNC approves UAE federal budget for 2017

  DUBAI / WAM The Federal National Council (FNC) on Tuesday endorsed the UAE federal budget for 2017, set in late October by the Cabinet at AED48.7 billion, with a prime focus on education, social development and health. The approval came at a third session of the FNC’s 16th legislative chapter, presided over by Dr. Amal Abdullah Al Qubaisi, Speaker ...

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Dubai launches fourth phase of Smart Fiscal Planning programme

  DUBAI / Emirates Business Dubai’s Department of Finance (DOF) launched the fourth stage of the Smart Fiscal Planning programme (SFP) in a ceremony that witnessed a wide representation of 35 government entities. Launching the new phase followed the DOF’s remarkable progress in implementing the previous phases. Meanwhile, efforts are still being made in order to complete the comprehensive system ...

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Azizi Developments to launch 50 new projects in 2017

  DUBAI / Emirates Business Azizi Developments – a leading UAE-based real estate developer with global reach into international markets – announced an unprecedented launch of 50 new developments, which will comprise of residential, commercial and retail space in 2017. The announcement of such a high number of projects, ahead of the festive season and the New Year, demonstrates the ...

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Central bank OKs banks, financial institutions’ expansion activities

  Abu Dhabi / WAM The Board of Directors of the Central Bank of the UAE has approved a number of applications of banks and other financial institutions working in the UAE to expand their activities and open new branches. The decision was taken during the board’s 11th meeting at the Central Bank office in Abu Dhabi, under the chairmanship of ...

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UAE opens world’s first Arab falconry, desert physiognomy school

  AL AIN / WAM Mohammed bin Zayed Falconry and Desert Physiognomy School, the first institution in the world to teach original Arab falconry traditions, rules and ethics, was officially inaugurated on Tuesday in Al Ain City. Named after His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, ...

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Govt’s new standards to offer highest police services

  Abu Dhabi / WAM The government is putting in place new standards for providing police services, in a bid to carry out the Government’s vision to make the UAE one of the safest countries in the world. The Ministry of Interior has introduced the first international administrative specification for the UAE in the field of benchmarking, under the name ...

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80,000 traffic violations registerd in Dubai in 11 months

  Dubai / WAM A total of 80,710 traffic violations were booked by We are All Police, a community-driven police initiative, between January and November this year, official figures showed. According to Brigadier Saif Al Mazrouie, Director, General Directorate of Traffic, Dubai Police, 28,180 violations were caught by camera, 52,280 violations were registered by military personnel and 38,163 were registered by ...

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Abu Dhabi’s TS&S Aerospace to service SriLankan Airlines’ engines

  Abu Dhabi / WAM TS&S Aerospace, a maintenance, repair and overhaul (MRO) provider for aircraft engines, wholly-owned by Abu Dhabi’s Mubadala Development Company, has been selected by SriLankan Airlines to service the Rolls-Royce Trent 700 engine. TS&S Aerospace is the first independent aviation provider to overhaul a Trent 700 engine, offering SriLankan Airlines a bespoke shop visit structure minimising expense ...

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Nawah updates FANR on emergency preparedness at Barakah

  Abu Dhabi / WAM The Federal Authority for Nuclear Regulation’s (FANR) Board of Management and Director-General, Christer Viktorsson, recently visited Barakah Nuclear Energy Plant and related facilities located in the nearby town of Ruwais. The visit was hosted by Nawah Energy Company’s Acting CEO, Mohammed Sahoo AlSuwaidi and senior management from Emirates Nuclear Energy Corporation, ENEC, and Nawah. The visiting ...

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