News

  DUBAI / WAM S.S. Lootah International has signed an AED184 million agreement with Oromia International Bank SC of Ethiopia to provide assistance in the coffee, agriculture and livestock sectors. The agreement was signed during the Dubai Chamber of Commerce and Industry-led trade mission to Addis Ababa. The agreement covers financing requirements for exports of production, export financing, warehousing and ...

DUBAI / WAM Jebel Ali Free Zone (Jafza) has organised a roadshow in Seattle, WA, USA, to reinforce Dubai’s position as a global business hub serving more than two billion consumers around the world. Jafza also signed an MoU with the Trade Development Alliance of Greater Seattle to encourage trade relations between the two cities and organisations.  

  DUBAI / WAM A delegation from the Dubai Investment Development Agency has recently discussed new opportunities and changing business landscape in the emirate with select investor groups, law firms and consultants in the United Kingdom. Officials from Dubai FDI, an agency of the Department of Economic Development in Dubai, along with partners specialising in company formation, interacted with senior ...

  ABU DHABI / WAM Abu Dhabi Commercial Bank, ADCB, has announced that it has been awarded the “Best Cash Manager” in the UAE (Non-FI category) in 2016 by the Euromoney Cash Management Survey. In addition to being the number one “Cash Management Bank” in the UAE, ADCB was ranked 3rd place in the Middle East and 16th place globally. ...

  Abu Dhabi / EMIRATES BUSINESS Etihad Airways has teamed up with Abu Dhabi Sports Council (ADSC) to become a collective driving force behind attracting global sporting events to the emirate. The national airline of the UAE has entered a three year deal with ADSC to support sports activities and major sporting events in Abu Dhabi. The strategic initiative replaces ...

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister and Ruler of Dubai, received the credentials of new ambassadors to the UAE at Al Mushrif Palace in Abu Dhabi on Sunday. Sheikh Mohammed welcomed Ambassador Goetz Lingenthal of the Federal Republic of Germany, Ambassador Andreas Liebmann of the Republic of Austria, Ambassador Robert ...

  Dubai / Emirates Business HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), received the prestigious Lord of Matterhorn Award from Peter Harradine, President of the Swiss Business Council, Dubai & Northern Emirates. The ceremony at Fairmont Palm Hotel and Resort, Dubai witnessed the attendance of HE Maya Tissafi, Swiss Ambassador to the ...

  Paris / WAM UAE and UNESCO officials met in Paris to discuss developing countries, with a focus on health, education, social services, and the safeguarding of world cultural heritages. Irina Bokova, Director-General of the United Nations Educational, Scientific and Cultural Organisation (UNESCO), met Dr. Amal Abdullah Al Qubaisi, Speaker of the Federal National Council (FNC), who is paying a working ...

  Dubai / WAM A Geneva-based human rights official has praised the UAE for its latest initiatives in promoting tolerance and human rights. Dr Hanif Al Qasim, Chairman of the Geneva Centre for Human Rights Advancement and Global Dialogue, said on Sunday that the Sheikh Mohammed bin Rashid Award for Tolerance and the International Institute for Tolerance, launched on Saturday by ...

  Abu Dhabi / Emirates Business Al Masaood Automobiles (AMA), the exclusive distributor of Nissan vehicles in Abu Dhabi and Al Ain, announced in a press conference the launch of the UAE exclusive ‘Gannas’ edition and the Nissan’s 2017 Patrol V6 as part of the distributor’s annual participation in The International Hunting & Equestrian Exhibition in Abu Dhabi. Literally translated ...