News

  ASHGABAT / WAM Sheikh Sultan bin Tahnoun Al Nahyan, Member of the Abu Dhabi Executive Council, has led the UAE delegation to 1st Global Sustainable Transport Conference being held from November 26-27 in Ashgabat, Turkmenistan in cooperation with the United Nations. The conference was opened by President of Turkmenistan Gurbanguly Berdimuhamedow with participation of UN Secretary-General Ban Ki-Moon, heads of ...

  Dubai / Emirates Business Kicking off the first knowledge exchange programme with the International Telecommunications Union (ITU), UAE telecommunications provider du has sent Sarah Saifaei from Wholesale Products to Geneva as the first participant in the initiative. She joined the team at ITU on October 9 for a 6 weeks exchange programme during which she will learn about the ...

  Dubai / Emirates Business To further broaden awareness on the identity of the local maritime sector, the Dubai Maritime City Authority (DMCA) has announced that it will be cooperating with the Dubai Chamber of Commerce and Industry in supporting and globally promoting the ‘Maritime Dubai’ initiative. The partnership aims to spur leadership in the development of a renewable, safe ...

  Abu Dhabi / WAM The UAE will begin implementing the standards of joint disclosures and the exchange of information for tax purposes set out by the G20 and Organisation for Economic Cooperation and Development (OECD), in accordance with the Foreign Account Tax Compliance Act (FATCA), from 2018. This follows the UAE Cabinet’s decision for the Ministry of Finance (MoF) to ...

  Ajman / Emirates Business Ajman (ARRA), the state-run institution mandated with regulating the real estate activities and developments in Ajman, on Saturday held a press briefing to announce the upcoming ‘Ajman Real Estate Conference 1’ scheduled for December 14, that will showcase the real estate project pipeline in the Emirate and its envisioned future. To be held under the ...

  Dubai / Emirates Business Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, announced on Saturday the launch of its credit card in partnership with Dubai-based flydubai. The credit card will enable customers to enrol in OPEN, a newly launched rewards programme from flydubai. By joining the programme, customers will earn OPEN reward points every time they ...

  Dubai / Emirates Business Dubai Road and Transport Authority (RTA) has been announced as a Host Partner for PayExpo MENA, and will welcome global experts coming to Dubai to discuss the revolutionary changes in smart transport ticketing. Transport Ticketing MENA forms part of PayExpo MENA, which will bring together over 1000 senior decision makers to discuss innovations across the ...

  Abu Dhabi / Emirates Business The Ministry of Climate Change and Environment (MoCCAE) in collaboration with the Ministry of Education and the Environment Agency- Abu Dhabi, on Saturday has launched the “Our Generations” initiative and the “Sustainable Schools” initiative as its execution arm. The launch was announced at a press conference in Festival Arena, Dubai in the presence of ...

  AFP Kuwaitis went to the polls on Saturday for the first election contested by the opposition in nearly four years amid fresh disputes over cuts in subsidies due to falling oil revenues. Turnout was high at many of the 100 polling stations with some centres reporting 70 percent of eligible voters had cast their ballots with two hours to ...

  Bloomberg Libya’s UN-backed government is under mounting pressure to devalue its currency, joining other energy producers from Nigeria to Kazakhstan that have buckled in the face of tumbling revenue and domestic turmoil. The dinar has been steadily weakening on the black market over the past year as the nation’s political rifts thwarted a recovery in oil output. It hit ...