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Aluminium industry generated AED20bn for national economy

Abu Dhabi / WAM Emirates Global Aluminium (EGA), and the aluminium sector which has grown around it, have generated economic activity accounting for 1.4 percent of the entire UAE economy, according to an expert study. The sector also supported 60,950 UAE jobs in 2017. One in every 100 people working in the UAE is employed in the aluminium sector, its ...

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Houthi militias break ceasefire ‘within hours’

HODEIDAH / WAM The Houthi militias broke the ceasefire agreed in Sweden under United Nations auspices hours after it came into force, according to a source in the Yemeni resistance. The source said that the Houthis had shelled the May 22 hospital and several factories with mortars and rockets. The source added that the attack by the militias had caused ...

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ADFD’s $50mn to help Chad in its national development plan

Abu Dhabi / Emirates Business Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, today allocated a government grant worth $50 million (AED184 million) to support the Chadian government in achieving its development goals. The funding will contribute to driving financial stability in the Central African country and fuel the growth of key sectors. The funding ...

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