DUBAI / WAM The Ministry of Industry and Advanced Technology has signed a Memorandum of Understanding (MoU) with the Emirates Development Bank (EDB) to advance sustainable growth. The MoU aims at promoting sustainable growth in sectors vital to the national economy via offering financial solutions and banking services on terms that ensure sustainable growth for all stakeholders, in addition to ...

ABU DHABI / WAM The Emirates News Agency (WAM) has launched a new news service in Hebrew. With the launch of the service, WAM now offers news services in 19 languages for millions of people around the world. The new service will provide comprehensive media content in Hebrew, including news and written and audio-visual reports on the agency’s official website ...

Dubai / WAM The Commercial Compliance & Consumer Protection (CCCP) Sector in Dubai Economy closed down 11 shops, issued fines to 252 and warned 61 during the month of March after they were found to have violated the precautionary guidelines in place to limit the spread of Covid-19. The violations, found during inspections conducted across open markets and shopping centres ...

Abu Dhabi / WAM Abu Dhabi has topped a list of the world’s 25 leading cities for their response to the Covid-19 pandemic, issued by renowned London-based analytics consortium, Deep Knowledge Group (DKG). The ranking, based on 50 parameters across five categories, including healthcare and the economy, demonstrates the wide-ranging impact of the emirate’s response to the pandemic. Abu Dhabi ...

Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (Enec) announced on Tuesday that the Unit 1 of Barakah Nuclear Energy Plant has started commercial operations. His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, applauded this achievement, describing it as a significant milestone in the UAE’s long-term ...

GROZNY / WAM Ramzan Kadyrov, President of Chechnya, inaugurated a major street in the Chechen capital, Grozny, named after His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. During the inauguration, which was attended by Dr Mohammed Ahmed Al Jaber, UAE Ambassador to Russia, President Kadyrov highlighted ...

SHARJAH / WAM Sharjah-based low-cost carrier Air Arabia has announced the resumption of direct flights between Sharjah and Sarajevo, capital of Bosnia and Herzegovina, starting May 7. Customers can now book their direct flights between Sharjah and Sarajevo by visiting Air Arabia’s website, by calling the call centre or through travel agencies. Ensuring the highest standards of safety at every ...

UMM AL QAIWAIN / WAM Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, accompanied by Mohammed Mohammed Saleh, Director-General of the Federal Electricity and Water Authority (FEWA), and several officials, visited the new water desalination plant project in Umm Al Qaiwain, which is the largest of its kind in the region. The new plant covers an area of ...

ABU DHABI / WAM Dr Ahmad Belhoul Al Falasi, Minister of State for Entrepreneurship and Small and Medium Enterprises, Deputy Chairman of the Board of Directors at Emirates Development Bank (EDB), asserted that the bank’s new strategy firmly positions it as a driving force in the UAE’s development. Commenting on the launch of the Emirates Development Bank Strategy, Dr Al ...

LG Electronics Inc may have been a pioneer, but the end of its smartphone business shows that being first-mover is rarely an advantage. Instead, its exit will open the way for Chinese brands to take a greater share of the US even as the two nations go deeper into a tech cold war. It was a slow gradual decline for ...