Recent Posts

London Mayor for ‘Brexit’

London / Bloomberg Mayor Boris Johnson said the UK would have a “great future” if it votes to leave the 28-member European Union in a referendum planned for this June. “This is a once-in-a-lifetime thing,” Johnson said. “It is not going to come round again. If we don’t do it now this thing is just going to grind on and ...

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RTA OKs AED150mn Deira island project

ABU DHABI / WAM In implementation of the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President, Prime Minister of the UAE and Ruler of Dubai, to start construction works in a series of roads & transit system projects, endorsed by His Highness during a recent visit to the Roads and Transport Authority (RTA), RTA has recently endorsed ...

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Proposal for major national life insurance company discussed

ABU DHABI / WAM The Insurance Authority is discussing a proposal to establish a major national life insurance company in which all licensed national companies will hold stakes, the insurance regulator said on Saturday. The proposal is based on the performance of life insurance market valued at AED8 billion where the share of foreign companies stands at 81 percent leaving ...

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