ABU DHABI / WAM The Ministry of Foreign Affairs and International Cooperation (MoFAIC) revealed the value of UAE foreign aid to Yemen during the period April 2015 to November 2017, amounting to AED9.4 billion ($2.56 billion). In a report, MoFAIC said that the humanitarian aid covered a number of vital sectors, reflecting the UAE’s keenness to reduce the suffering of ...

ABU DHABI / Emirates Business The UAE’s successful bid for Category B Membership under the International Maritime Organization (IMO) Council is a historic achievement and an important milestone in the country’s efforts to become one of the wo-rld’s leading maritime centers. Today, the world’s eyes are on the UAE, which has successfully outshone other major candidates to become the first ...

DUBAI / WAM Businesses in Dubai are more upbeat about the final quarter of 2017 compared to the previous quarter, driven by increased demand during winter months. The quarterly survey of Dubai Economy showed the composite Business Confidence Index (BCI) in Q3 increasing by 10.8 points and reaching 121.4 points, from 110.6 points in Q2 2017. The structural reforms and ...