News

  Bloomberg Benchmark 10-year Treasury yields may tumble to a never-before-seen 1.25 percent as investors seek alternatives to lower interest rates around the world, according to Prudential Financial Inc. “We’re going to be low and range bound,” said Robert Tipp, the head of global bonds and foreign exchange for fixed-income division of the second-largest U.S. life insurer. “This is an ...

  REUTERS On a stretch of barren coast 550 km south of the capital Muscat, workers at a ship repair yard swarm over cargo vessels from around the world, labour that will help to determine Oman’s fate in an era of cheap oil. The yard, owned by the government’s Oman Drydock Co and operated by South Korea’s Daewoo Shipbuilding & ...

ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan received an invitation from HRH Prince Khalid Al-Faisal, Chairman of the Arab Thought Foundation (ATF), to extend his kind patronage of and presence at the annual FIKR conference (FIKR 15) which will be held in Abu Dhabi next November under the theme Arab Integration: GCC; UAE: A ...

  DUBAI / WAM HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Expo 2020 Dubai Higher Committee, Chairman of Dubai Civil Aviation Authority and Chairman of Emirates Group met with Maya Tissafi, Ambassador of Switzerland to the UAE, where Switzerland confirmed officially its intent to participate in Expo 2020 Dubai. Sheikh Ahmed said, “Expo 2020 Dubai will be ...

  GENEVA / WAM Obaid Salem Saeed Al Za’abi, UAE Permanent Representative to the United Nations Office in Geneva, delivered the ratification instrument of the United Arab Emirates on the Trade Facilitation Agreement (TFA) to Roberto Azevedo, Director-General of the World Trade Organisation(WTO). The Director-General of the WTO expressed his thanks and gratitude to the UAE for being the first ...

  ABU DHABI / WAM Abu Dhabi Fund for Development, (ADFD) signed a new cooperation and support agreement with the Abu Dhabi-based International Renewable Energy Agency, IRENA, to ensure the effective allocation of the US$350 million of funds pledged by ADFD for renewable energy projects in developing countries around the world. The Project Facility has already allocated $144m worth of ...

  ABU DHABI / WAM Miral and Warner Bros officially announced that a Warner Bros themed destination is set to open in Abu Dhabi on Yas Island, which is one of the world’s leading business, leisure and entertainment destinations. The development will include the only Warner Bros branded hotel alongside the immersive theme park. The first phase of the project, ...

  ABU DHABI / WAM Abu Dhabi has been selected to host the International Diabetes Federation (IDF) World Diabetes Congress, the biennial international health congress which provides a unique forum for sharing best practices and the latest achievements in diabetes research worldwide. The event will be held at Abu Dhabi National Exhibition Centre, the capital’s premier event venue, in December 2017. ...

  DUBAI / WAM Dr Sultan bin Saeed Al Mansouri, Minister of Economy and Chairman of the Board of Directors of Small and Medium-sized Enterprises(SMEs) confirmed the UAE’s keenness to be briefed on the best practices of business based on leadership, innovation and knowledge in the world, to select the most appropriate tools and mechanisms that will support its vision to ...

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, accompanied by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, honoured the winners of the 19th edition of Dubai Government Excellence Programme (DGEP) Awards, during a ceremony which took place on Tuesday at the ...