Recent Posts

DP World Logistics opens new high-end warehouse at Jafza

Dubai / WAM DP World Logistics opened a new 6,000 square metre high-end warehouse at container freight station 2 (CFS 2), offering new storage solutions for customers at the Jebel Ali Free Zone (Jafza). The company’s CFS 2 warehouse offers a total of 12,500 pallet positions using very narrow aisle (VNA) racking systems, storing cargo up to 18 metres high. ...

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Somalia praises UAE relief to those affected by drought

  Cairo / WAM Abdul Rahman Abdul Shakour, Special Envoy of the Somali President for Humanitarian Affairs and Drought, praised the support provided by the UAE under the leadership of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, to those affected by the drought in Somalia. He commended the UAE’s continuous provision of supplies to various Somali states, including ...

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UAE central bank fines exchange house $524m

  Abu Dhabi / WAM The central bank of the UAE (CBUAE) imposed a financial sanction on an exchange house operating in the UAE, pursuant to Article 14 of the Federal Decree Law No. (20) of 2018 on Anti-Money Laundering and Combating the Financing of Terrorism and Financing of Illegal Organisations, and Article 137 of the Decretal Federal Law No. ...

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