Recent Posts

UAE commits $5m to UN Emergency Response Fund

New York / WAM The United Arab Emirates has announced a contribution of $ five million to the UN Central Emergency Response Fund (CERF), during its annual high-level annual pledging event. Saud AlShamsi, Deputy Permanent Representative of the UAE to the UN, reaffirmed the UAE’s commitment to CERF and welcomed its leadership on anticipatory finance – releasing funds in advance ...

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AED1.13b Umm Lafina project 60% complete

Abu Dhabi / WAM The Integrated Transport Centre (ICT), and Abu Dhabi General Services Company, Musanada, announced that work is progressing according to the agreed construction plan and in line with the set delivery schedule in the Sheikh Zayed bin Sultan Road extension project at Umm Lafina and Al Reem Islands at a total cost of approximately AED1.131 billion. Envisaged to ...

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US, China reach ‘phase-one’ deal

Bloomberg The US and China agreed to the first phase of a broader trade agreement that will see the US reduce tariffs, and at least temporarily calm fears of an escalating trade war between the world’s two largest economies. The deal announced hinges on China increasing purchases of American farm goods such as soybeans, and making new commitments on intellectual ...

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