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UAE, Saudi send 540,000 tonnes of wheat to Sudan

ABU DHABI / WAM The UAE and Saudi Arabia allocated 540,000 tonnes of wheat to the Sudanese people, meeting the population’s ba-sic food requirements for thr-ee months, announced Abu Dhabi Fund for Development (ADFD) on Wednesday. ADFD Director-General Mohammed Saif Al Suwaidi said, “The food security support provided to the Sudanese people is in line with the wise directives of ...

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7 more Emiratis join UAE’s nuclear sector

ABU DHABI / WAM The third batch of Emirati engineers and physicists completed their one-year intensive nuclear regulatory development progam at the UAE’s Federal Authority for Nuclear Regulation (FANR). The graduates, comprising sev-en young Emiratis, will begin their nuclear career at the authority. During the year, developees gained fundamental training to underst-and technical concepts applicable to nuclear engineering, radiation safety ...

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18 national banks report AED24.5bn profit in H1

ABU DHABI / WAM The combined net profits of 18 national banks listed on the country’s financial markets rose to AED24.5 billion in the first half of 2019, compared to AED21 billion in the same period of 2018, an increase of 16.6 percent. These statistics reflect the solidity of the UAE’s banking sector, despite the slowdown faced by its counterparts ...

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