News

  Abu Dhabi / WAM In line with the launch of the Abu Dhabi Chamber of Commerce and Industry’s (ADCCI) new strategy for the next three years, the chamber has signed three memoranda of understanding (MoUs) with the Federal Tax Authority (FTA), the Statistics Centre – Abu Dhabi (Scad), and eBay, to support the private sector in the Emirate of ...

  Ajman / WAM The Ajman Chamber of Commerce and Industry (ACCI) has signed a joint cooperation agreement with the Emirates Vision Media Network, with the aim of launching the “Spotlight” initiative, which intended to provide promotional and marketing support for local products related to national projects in Ajman. The agreement was signed by Jamila Kajour, Director of the Ajman ...

  Abu Dhabi / WAM In line with the vision of HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Presidential Court, and Chairman of the central bank of the UAE’s (CBUAE) Board of Directors, the CBUAE on Sunday launched its Financial Infrastructure Transformation Programme (FIT programme) to accelerate the digital transformation in the financial ...

  New York / WAM The Permanent Mission of the United Arab Emirates to the UN hosted the UN Department of Political and Peacebuilding Affairs (UN DPPA) training on Women, Peace and Security (WPS). The programme is an annual event for UN DPPA staff that aims to raise participants’ understanding of the gendered impacts of conflict and to equip them ...

Dubai / WAM Figures released by Dubai Customs showed that Hatta Customs Centre has completed 87.4 thousand transactions and made 538 seizures in 2022. The centre dealt with 78.6 thousand cargo trucks and 587 thousand vehicles last year. During his morning tour to the Hatta Border Crossing, Ahmed Mahboob Musabih, Director-General of Dubai Customs, CEO of Ports, Customs and Free ...

Abu Dhabi / Gulf Time The loader “Nimran”, owned by Al Nokhatha Majed Ahmed Abdullah Al Marzouqi, was crowned champion of Adnoc 22-foot sailing race, organised by Abu Dhabi Marine Sports Club on Saturday. The race witnessed the remarkable participation of sailing loaders from various emirates. The champion loader won 30 thousand dirhams as first place prize. The race, which ...

Bloomberg India proposed a lower-than-expected market borrowing program, as part of a plan that sought to bridge its budget deficit by boosting reliance on the nation’s small savings pool. The decision triggered the biggest drop in the benchmark 10-year bond yields in over two months. Bonds have since pared their gains, with the budget math increasingly looking daunting as commercial ...

  Bloomberg Advanced Info Service Pcl (AIS), Thailand’s biggest telecommunications group, is considering options for its tower business including a stake sale, according to people familiar with the matter. The Bangkok-listed company has held talks with potential advisers for a strategic review for the assets, the people said, asking not to be identified because the matter is private. Another option ...

  Bloomberg The UK expects to reach a free trade deal with India and to enter the Trans-Pacific Partnership agreement in 2023, Business and Trade Secretary Kemi Badenoch said. Badenoch visited India in December in an effort to move forward with the deal, which aims to cut tariffs and open opportunities for UK services to operate in India. The UK ...

  Bloomberg Moody’s Investors Service cut its outlook for Adani Green Energy Ltd and three other companies backed by Indian tycoon Gautam Adani, citing the plunge in the conglomerate’s stock market value in the wake of criticisms in a short-seller report. Referring to factors such as concern over the impact of any big jump in funding costs, the agency lowered ...