News

DFM achieves 98% compliance in Q1

  Dubai / WAM Dubai Financial Market (DFM) on Tuesday announced that its UAE listed companies have showed a 98% compliance to disclose their Q1- 2016 results within the deadline of 45 days from the end of the first quarter. Forty-Six UAE public joint stock companies listed on DFM successfully disclosed their quarterly results, while one company only, Gulf General ...

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UAE, Mexico seek to boost agriculture ties

  Abu Dhabi / WAM Mohammed Ahmed bin Abdul Aziz Al Shehhi, Undersecretary of the Ministry of Economy for Economic Affairs, met Jose Calzada Rovirosa, Minister of Agriculture, Livestock, Rural Development, Fisheries and Food of Mexico, at the UAE Ministry’s headquarters in Dubai to explore possible agreements between the two countries, particularly in trade and agriculture. Joining the UAE Undersecretary ...

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DEC hosts EXIM Bank chairman, prez

  Dubai / WAM Under the patronage of HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority and Chairman of Emirates Group, Dubai Economic Council (DEC) organised a luncheon in honour of Fred P. Hochberg, Chairman and President of the Export-Import Bank of the United States (EXIM Bank) at the Intercontinental Festival City Hotel. The luncheon ...

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UAE SME delegation participates in SMIDEX 2016

  KUALA LUMPUR / WAM Abdullah Al Saleh, Under-Secretary of the Ministry of Economy for Foreign Trade and Industry Affairs, on Tuesday led an official delegation to a meeting with Dr Hafsah Hashim, CEO of the SME Corporation in Malaysia, the premier organisation for the development of progressive SMEs to enhance wealth creation and social well-being in Malaysia. The meeting ...

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Arab League lauds UAE’s policy towards low oil prices

  SHARJAH / WAM The Arab League has commended measures taken by the United Arab Emirates (UAE) in response to the impact of the decline in world oil prices. ”There are promising signs emerging from the project implemented by the UAE to diversify sources of national income,” Arab League’s Secretary-General Dr Nabil Al Araby said in a keynote address at ...

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Beijing to host conference on Islamic Banking

  Dubai / WAM In line with Dubai’s ‘Capital of Islamic Economy’ initiative, and as the first-of-its-kind endeavour on the Asian and regional level to promote the mutual growth of Islamic economies in the UAE and China, the Dubai Centre for Islamic Banking and Finance (DCIBF) at Hamdan bin Mohammed Smart University (HBMSU) and Dubai Islamic Economy Development Centre (DIEDC) in ...

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Etihad ESCO, DIFC sign deal to cut 72% energy use

  Dubai / WAM Saeed Mohammed Al Tayer, Vice-Chairman of the Dubai Supreme Council of Energy and Chairman of Etihad Energy Service Company (ESCO), signed an Energy Performance Contract with Essa Kazim, Governor of Dubai International Financial Centre (DIFC), to replace 28,500 of DIFC’s traditional light bulbs with LED lights. This supports the UAE Vision 2021 to make the UAE one ...

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MBRF to launch Arab Knowledge Index in Algeria

  Dubai / WAM Mohammed Bin Rashid Al Maktoum Foundation (MBRF) a member of the Mohammed Bin Rashid Al Maktoum Global Initiatives, organised a workshop in cooperation with the United Nations Development Programme (UNDP) in Algeria to launch the Arab Knowledge Index in the country. The workshop was part of a series of workshops planned by MBRF and the UNDP in ...

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RTA, Dubai Municipality to streamline coop on future projects

  Dubai / WAM Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA), held a meeting with Hussain Nasser Lootah, Director General of Dubai Municipality, during which they discussed means of streamlining cooperation on their future projects. Al Tayer started the meeting with thanking the Dubai Municipality for the huge cooperation and ...

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UAE-PPF accomplishes Masdar energy projects

  Abu Dhabi / Emirates Business The recent inauguration of a 600kW solar photovoltaic plant in the Federated States of Micronesia marks the successful completion of Cycle 2 of US$50 million UAE-Pacific Partnership Fund. Through the UAE-PPF’s two cycles of financing provided by the Abu Dhabi Fund for Development, renewable energy projects have been delivered to 11 Pacific Island nations ...

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