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Arab League lauds UAE’s policy towards low oil prices

  SHARJAH / WAM The Arab League has commended measures taken by the United Arab Emirates (UAE) in response to the impact of the decline in world oil prices. ”There are promising signs emerging from the project implemented by the UAE to diversify sources of national income,” Arab League’s Secretary-General Dr Nabil Al Araby said in a keynote address at ...

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Beijing to host conference on Islamic Banking

  Dubai / WAM In line with Dubai’s ‘Capital of Islamic Economy’ initiative, and as the first-of-its-kind endeavour on the Asian and regional level to promote the mutual growth of Islamic economies in the UAE and China, the Dubai Centre for Islamic Banking and Finance (DCIBF) at Hamdan bin Mohammed Smart University (HBMSU) and Dubai Islamic Economy Development Centre (DIEDC) in ...

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Etihad ESCO, DIFC sign deal to cut 72% energy use

  Dubai / WAM Saeed Mohammed Al Tayer, Vice-Chairman of the Dubai Supreme Council of Energy and Chairman of Etihad Energy Service Company (ESCO), signed an Energy Performance Contract with Essa Kazim, Governor of Dubai International Financial Centre (DIFC), to replace 28,500 of DIFC’s traditional light bulbs with LED lights. This supports the UAE Vision 2021 to make the UAE one ...

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