Bloomberg France and Germany announced a plan to strengthen their rail links as a way to offer greener travel between the two countries. The nations “support the deployment of the high-speed train route between Paris and Berlin, as well as the night train service, both announced for 2024,†according to a joint declaration released after a meeting in Paris ...
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Londoners escape worst of inflation crisis with big pay hikes
Bloomberg London residents are weathering the cost-of-living crunch better than people in the rest of the UK, one research group concluded. Residents of the capital saw their real wages adjusted for inflation slip by £9 ($11.13) a week compared to a year ago during the fourth quarter of 2022, research from the Centre for Economics and Business Research indicates. ...
Read More »UAE distributes AED200 million in marriage grants to Emiratis
Dubai / WAM Hessa bint Essa Buhumaid, Minister of Community Development, revealed that the total amounts disbursed for marriage grants last year reached AED199,080,000, reaching 2,844 beneficiaries across the UAE compared to 2,727 beneficiaries during 2021. Buhumaid said that the marriage grants by the Ministry of Community Development (MoCD) align with the leadership’s keenness and government support to Emirati youth ...
Read More »UNA condemns burning of copy of Holy Quran in Stockholm
Abu Dhabi / WAM The Union of OIC News Agencies (UNA) has condemned the burning of the Holy Quran by extremists, which took place on in front of the Turkish embassy in Stockholm, Sweden. UNA urged the Swedish authorities to take necessary measures against the perpetrators of this hate crime and called for increased international efforts to prevent the ...
Read More »Inaugural edition of Mena IPO summit starts in Dubai
Dubai / WAM HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, and Chairman of the Higher Committee for the Development of Financial Markets and Exchanges in Dubai, on Sunday said that the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of ...
Read More »Dubai wins 232 bids for business events in 2022, twice as many as ’21
Dubai / WAM Business events are poised to make a vital contribution to Dubai’s economic development and tourism growth, with another exceptional year of successful bids for international conferences, congresses, meetings and incentive travel programmes. Dubai Business Events (DBE), the city’s official convention bureau, part of the Department of Economy and Tourism, said it won 232 bids for business events ...
Read More »RTA inaugurates Sheikh Zayed bin Hamdan Street
Dubai / WAM Dubai’s Roads and Transport Authority (RTA) opened on Sunday, Sheikh Zayed bin Hamdan Al Nahyan Street Improvement Project extending 3 km from the intersection with the Dubai-Al Ain Road up to the Academic City Roundabout. RTA also opened two 120-metre bridges at the intersection of Dubai Silicon Oasis, comprised four lanes in each direction. These improvements ...
Read More »Mubadala-subsidiary Strata reports record-breaking year
Abu Dhabi / WAM 2022 was another stellar year for Strata, the advanced manufacturing and aerospace manufacturing firm based in their state-of-the-art facility in Al Ain, throughout which the Mubadala company established itself as a transformative company capable of shaping the future of manufacturing in the UAE. Reaching the significant milestone of thirty production lines in 2022 was merely the ...
Read More »Dubai wins 232 bids for business events in 2022
Dubai / WAM Business events are poised to make a vital contribution to Dubai’s economic development and tourism growth, with another exceptional year of successful bids for international conferences, congresses, meetings and incentive travel programmes. Dubai Business Events (DBE), the city’s official convention bureau, part of the Department of Economy and Tourism, said it won 232 bids for business ...
Read More »UAE, Egypt to enhance ties in banking sector
Abu Dhabi / WAM The central bank of the UAE (CBUAE) and the Egyptian Banking Institute (EBI) which is under the central bank of Egypt, discussed ways to promote cooperation in the field of training and building human capital capabilities relevant to the financial sector. This came during a meeting between Ehab Alameri, Chief Human Resources Officer at the CBUAE, ...
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