News

ABU DHABI / WAM Sultan bin Saeed Al Mansouri, UAE Minister of Economy, said that the tourism sector is an important part of the national economy and a core pillar of economic diversification policy of the state. In an interview with the Emirates News Agency, WAM, the Economy Minister said that the inclusion of the National Council for Tourism in ...

KUALA LUMPUR / WAM Dr Mohammed Al Zarooni, Director General of Dubai Airport Freezone (DAFZA), met with Dato’ Sri Mustapa Mohamed, Malaysia’s Minister of Trade and Industry at the Ministry’s headquarters to discuss ways to develop and strengthen economic and trade ties between Malaysia and the Freezone. They also talked about DAFZA’s exceptional investment advantages for foreign companies, including Malaysian ...

Abu Dhabi / WAM Abu Dhabi Islamic Bank (ADIB) presented its outlook on the regional and global investment climate to its top private banking clients at a number of events in Abu Dhabi, Dubai and Al Ain. Senior ADIB executives from ADIB’s Private Banking arm explained to clients how to manage wealth effectively in times of economic and political volatility. ...

RITIKA SHARMA / EMIRATES BUSINESS ID frauds—one of the fastest growing crimes – adversely impacts the private sector and causes enormous losses. Around 54 percent of data breaches in 2014 were related to identity thefts, where 17 percent aimed at financial access and 11 percent sought account access, indicates a recent survey. In order to subdue the number of ID ...

DUBAI / WAM As part of their efforts to promote commercial arbitration in settling trade disputes, the Dubai International Arbitration Centre (DIAC) in cooperation with the UAE Consulate in Shanghai, organised an introductory session to highlight the benefits and services offered by the Centre to Chinese contracting parties.

ABU DHABI / WAM The UAE, represented by the Ministry of Finance (MoF), will participate in the Joint Annual Meeting of the Arab Financial Institutions, which will be held in Bahrain on 5-6 April, 2016. Obaid Humaid Al Tayer, Minister of State for Financial Affairs, will head the UAE delegation, which includes Mubarak Rashid Khamis Al Mansouri, UAE Central Bank ...

ABU DHABI / WAM The Abu Dhabi City Municipality recently held an induction workshop about the implementation of the new Real Estate Law No 3 of 2015 regulating the real estate sector, and providing a clear ground and flexible processes aimed at securing the public interest, and safeguarding the rights of real estate customers. The event targeted a number of ...

Abu Dhabi / WAM Abu Dhabi Islamic Bank (ADIB) presented its outlook on the regional and global investment climate to its top private banking clients at a number of events in Abu Dhabi, Dubai and Al Ain. Senior ADIB executives from ADIB’s Private Banking arm explained to clients how to manage wealth effectively in times of economic and political volatility. ...

Abu Dhabi / WAM Dr. Anwar bin Mohammed Gargash, Minister of State for Foreign Affairs, received here on Sunday Minister of Foreign Affairs of New Zealand, Murray McCully. The meeting discussed bilateral relations and ways to enhance them, the outcome of the recent visit of H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation to ...

Abu Dhabi / WAM The Zakat Fund announced that it has spent AED 44.46 million in medical assistance under its ‘‘Reward and Recovery Initiative.’’ Abdullah bin Aqueeda Al Muhairi, Secretary-General of the Fund, said the health aid was given through the Zakat channel distribution category meant for the poor and the needy. “The Fund is ready to support poor patients ...