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Dubai DoF, Deloitte sign deal to implement IPSAS

DUBAI / WAM The Department of Finance (DoF) of the Government of Dubai announced a strategic partnership agreement with Deloitte to enable the Government of Dubai to implement International Public Sector Accounting Standards (IPSAS). DoF signed the agreement with Deloitte, the world’s largest professional services firm, as part of its continuous improvement of financial reporting across the Government of Dubai, ...

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ADFD allocates $17 million for two renewable projects in Seychelles

ABU DHABI / Emirates Business Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, on Monday announced an allocation of AED64.2 million ($17.4 million) for the development of two projects in the Republic of Seychelles that will enhance the country’s capacity to produce renewable energy from sustainable resources. Confirming the Fund’s support, His Excellency Mohammed Saif ...

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Fujairah is a jewel that needs polishing, says CP

FUJAIRAH / WAM “The whole of Fujairah is a jewel,” according to the Emirate’s Crown Prince, His Highness Sheikh Mohammed bin Hamad Al Sharqi. “We need to polish it, so that it will shine.” He was talking to the Emirates News Agency (WAM), about the work currently under way on completing Fujairah’s Master Plan. “The Port of Fujairah and the ...

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