News

  Vienna / AFP Natural disasters have caused more than $7 trillion (6.2 trillion euros) in economic damage worldwide since 1900, with floods and storms accounting for nearly 60 percent of the total, researchers said. The death toll from such natural calamities — which also include earthquakes, volcanoes, droughts, heatwaves and wildfires — topped eight million from 1900 to 2015, ...

  SHARJAH / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan sent a cable of condolences to President Rafael Correa of Ecuador, and Tsugunomiya Akihito, Emperor of Japan, on the victims of the earthquake that hit both countries leaving many people killed and injured. His Highness Sheikh Khalifa also expressed his condolences and sympathy to the families of ...

  ABU DHABI / WAM Abu Dhabi Ports, the master developer, operator and manager of ports and Khalifa Industrial Zone in the Emirate, and Khalifa University in Abu Dhabi, signed a Memorandum of Understanding (MoU) that will pave the way for knowledge sharing, joint research projects, and job opportunities for students. Abdullah Humaid Al Hameli, Acting Executive Vice President – ...

  DUBAI / WAM The Roads and Transport Authority (RTA) announced the introduction of a new app for smart phones to facilitate the job of parking inspectors, and ease the processing of parking permits in the Emirate of Dubai. The step is part of RTA’s relentless efforts to equip inspectors with top-notch devices, and ensure the speedy processing of parking ...

  PARIS / WAM Emirates Central Cooling Systems Corporation, Empower, awarded a contract that will boost the company’s production by 30,000 Refrigeration Tonnes (RT), according to Ahmad bin Shafar, Chief Executive Officer. “Being the world’s largest district cooling services provider in terms of capacity, we continuously work on increasing our operations to cater to the needs of our rapidly increasing client-base ...

  Dubai / Emirates Business Abu Dhabi Commercial Bank (ADCB) on Monday announced its participation for the sixth year in a row in Bonds, Loans & Sukuk Middle East 2016 as a Gold Sponsor. The conference, which brings together issuers, borrowers, investors and bankers to discuss the developments of local and international bond, syndicated loan and sukuk markets, is being ...

  Emirates Business The 11th annual edition of two-day ‘Middle East Retail Banking Forum and Expo’ kicked off on a high note in Dubai on Monday. Over 200 delegates from across the region are attending the high-profile event to hear what more than 30 experts in the field have to say about latest trends ushering in the ecosystem of retail ...

  DUBAI / WAM du has been awarded the Best Satellite Services Innovation of the Year award at the 12th annual Digital Studio Awards held recently at Conrad Dubai. Last year, the UAE telecommunications company integrated its broadcast and telecom assets to create a world-class media platform and support the growth of the industry throughout the Middle East. du’s media ...

  Abu Dhabi / WAM Dr. Amal Abdullah Al Qubaisi, Speaker of the Federal National Council (FNC), received Abdul Qader Rasqwa, Ethiopian Ambassador to the UAE, at the FNC headquarters. Rasqwa congratulated Dr. Al Qubaisi on her election to chair the FNC as the first woman to head an Arab parliamentary institution in the Middle East and at the Arab level. ...

Dubai / WAM The UAE International Investors Council received tens of thousands of visitors from countries in the region and around the world during the three days of its participation in the Annual Investment Meeting 2016, which was held at the Dubai World Trade Centre from April 11-13. The forum represents the most important and contemporary investment and commercial demonstration in ...