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FANR Board reviews first-quarter performance

  ABU DHABI / WAM The UAE’s Federal Authority for Nuclear Regulation (FANR) Board of Management held its second meeting of 2016 on Tuesday to assess FANR’s performance so far this year and to provide guidance for upcoming FANR projects and activities. Led by Board Chairman Abdulla Nasser Al Suwaidi, the Board meeting discussed FANR’s accomplishments in the first quarter ...

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Dubai Parks and Resorts to raise AED2.67bn for theme park

  DUBAI / WAM Dubai Parks and Resorts is seeking to raise a total of AED2.67bn in additional financing, of which Dh1.68bn is being raised through the Rights Issue with the remaining AED 993 million through debt financing secured from Abu Dhabi Commercial Bank, Dubai Islamic Bank and Sharjah Islamic Bank. In a statement, Dubai Parks and Resorts confirmed that ...

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UAE ranks first in Arab foreign trade: WTO

  DUBAI / WAM The United Arab Emirates remains one of the world’s top trading economies, ranking 20th globally and first in the Middle East and Africa in commodity exports. It also placed 19th internationally in commodity imports and led the MENA region in overall commodity trade, with regional exports totalling USD 265 billion to account for 1.6 percent of ...

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