News

UAE, Cameroon non-oil trade up 33% in ten years

  Abu Dhabi / WAM Non-oil trade exchange between the UAE and Cameroon grew by 33.5 percent between 2012 and 2021, reaching AED1.92 billion by the end of last year, compared to AED1.43 billion in 2012. The total non-oil trade exchange between 2012 and 2021 stood at AED18.2 billion, according to figures of the Federal Competitiveness and Statistics Centre. Non-oil ...

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DMCC inks deal to create new business opportunities between UAE, Poland

  Dubai / WAM Dubai Multi Commodities Centre (DMCC), the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, has signed a Memorandum of Understanding (MoU) with the Katowice Special Economic Zone (KSEZ), aimed at creating new business opportunities and expanding upon the UAE-Poland strong economic relations. The agreement will see DMCC and KSEZ work ...

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Dubai records AED4.8b in weeklong realty deals

  Dubai / WAM A total of 1,600 real estate transactions worth over AED4.8 billion were conducted during the week ending November 30, according to figures released by the Dubai Land Department (DLD). The DLD report revealed that Dubai saw the sale of 176 plots for AED998.19 million, as well as 1,052 apartments and villas for AED 2.32 billion. Jabal ...

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Dubai’s Moro Hub signs deal with Saimos

  Dubai / WAM Moro Hub, a subsidiary of Digital Dewa, the digital arm of Dubai Electricity and Water Authority (PJSC), inked a definitive agreement with Saimos (Situational Awareness, Infrastructure Management & Operations Security), a leader in geographic information systems (GIS), AI-based video analytics as well as custom developments targeting security, safety and critical infrastructure. The partnership complements Moro Hub’s ...

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Cameroon has great potential for investment in vital sectors

YAOUNDÉ, Cameroon / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, has stated that the UAE is one of the most significant investors in Africa, especially in sectors that will have great future worldwide over the next twenty years, such as infrastructure, food security, renewable energies, communications and other prospective sectors. In an interview with ...

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UAE National Day: Abu Dhabi announces free parking

  Abu Dhabi / WAM Surface parkings will be free of charge in Abu Dhabi during the holiday starting from Thursday, December 1 until 7:59 AM on Monday, December 5. Darb toll gate system will be free of charge during the holiday starting from Thursday, December 1, and will be reactivated on Monday, December 5 during the regular peak hours ...

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Free entry to Sharjah museums on Dec 1-2

  Sharjah / WAM Sharjah Museums Authority (SMA) has announced free entry to its museums in celebration of the UAE’s 51st National Day and Commemoration Day on December 1-2. Additionally, SMA will be hosting an array of entertaining and educational activities for members of the public from all age groups. Activities marking the occasions, that are presented in Arabic and ...

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Moro Hub inks deal with Saimos to bolster its video analytics platform

  Dubai / WAM Moro Hub, a subsidiary of Digital Dewa, the digital arm of Dubai Electricity and Water Authority (PJSC), inked a definitive agreement with Saimos (Situational Awareness, Infrastructure Management & Operations Security), a leader in Geographic Information Systems (GIS), AI-based Video Analytics as well as custom developments targeting Security, Safety and Critical Infrastructure. The partnership complements Moro Hub’s ...

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UAE reaffirms support for greater cooperation among OIC members

  Abu Dhabi / WAM Abdullah bin Touq Al Marri, Minister of Economy, led the UAE delegation to the meetings of the 38th Ministerial Session of the Standing Committee for Economic and Commercial Cooperation of the Organisation of Islamic Cooperation (Comcec), held in Istanbul at the level of ministers and high-ranking officials. “The UAE, under the leadership of President His ...

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India’s economic growth slows on higher prices, interest rates

Bloomberg India’s economy probably expanded at a slower pace last quarter as price pressures, rising interest rates and sluggish trade tempered demand in Asia’s third largest economy. Gross domestic product is estimated to have risen 6.2% in the three months to September from a year ago, according to a Bloomberg survey of economists, cooling from a 13.51% growth reported in ...

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