News

Montreal / AFP The UN aviation agency called on Tuesday for regulations on space travel to be enacted within five years in order to bolster a burgeoning space tourism and transportation sector. The International Civil Aviation Organization (ICAO) “recognises that sub-orbital and outer space flights will foster new tourism and transport markets, and that investments in related research and development ...

ABU DHABI / WAM HH Sheikh Hamed bin Zayed Al Nahyan, Chief of the Abu Dhabi Crown Prince’s Court, on Monday inaugurated the Microcredit Summit, which is being held under the patronage of HH Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council. Organised jointly by Khalifa Fund for Enterprise Development, the Arab Gulf Programme for ...

ABU DHABI / WAM Tawazun Holding announced it will inaugurate the launch of two new companies; Advanced Pyrotechnics, ATP, and Al Hosn Armored Systems, during its participation in the 7th edition of the International Exhibition for Security and National Resilience, ISNR Abu Dhabi 2016. The two new companies will be present on Tawazun’s stand at ISNR 2016, along with a ...

FUJAIRAH / WAM National Bank of Fujairah (NBF) on Monday announced that it has won four awards at the 2016 Banker Middle East (BME) Product Awards, “Best Customer Service – Corporate and Investment Banking”, “Best Cash Management”, “Best Treasury Management” and “Best Corporate Advisory Service” for NBF Capital Limited. This is the fifth consecutive year that NBF has maintained a ...

SHARJAH / WAM Following the conclusion of its Annual General Meeting, the Board of Directors of Air Arabia has announced that the assembly has approved the distribution of a 9 percent cash dividend of the company’s share capital for the year 2015. During the meeting, the General Assembly approved the auditor’s report for the financial year ending on the 31st ...

ABU DHABI / WAM The UAE has put a strong focus on ensuring that the country is well prepared for any emergency or crisis that may occur, government officials said at the Crisis and Emergency Management Conference held in the capital. Organised by the National Emergency Crisis and Disasters Management Authority(NCEMA) the two-day event is aimed at bringing experts together ...

ABU DHABI / WAM Abu Dhabi Tourism and Culture Authority, TCA Abu Dhabi, has launched a new, improved version of its Visit Abu Dhabi mobile application. The latest Visit Abu Dhabi app, which allows users to gain instant access to all that’s new in the emirate via their mobile phones, is now live and features several upgrades and enhancements as ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister and Ruler of Dubai, received Houlin Zhao, Secretary-General of the International Telecommunication Union, ITU, based in Geneva. During the meeting, which was held in the presence of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, and HH Sheikh Maktoum ...

Dubai / WAM Emirates Institute for Banking and Financial Studies(EIBFS), a regional leader in banking and finance education and training, has hosted an interactive workshop on Basel III implementation strategies and associated challenges for more than 70 senior-level attendees from the UAE’s banking sector. The institute welcomed Basel III experts and specialists from prominent local and global financial establishments, including ...

ABU DHABI / WAM The Board of Directors of the UAE Banks Federation (UBF) held its first meeting of the year, headed by the Chairman of UBF, AbdulAziz Al Ghurair, to discuss progress on a number of high priority topics for the federation this year. The topics included progress on the Mobile Wallet project, and the creation of a Higher ...