ABU DHABI / WAM Abu Dhabi Global Market (ADGM) and UAE Exchange have entered into partnership, to support, develop and promote the FinTech ecosystem in Abu Dhabi and the UAE. An MoU was signed by Promoth Manghat, Chief Executive Officer of UAE Exchange Group, and Richard Teng, Chief Executive Officer of the Financial Services Regulatory Authority, FSRA, of ADGM. The ...

DUBAI / WAM Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), has reviewed the progress of the M-Station expansion project, the newest and largest electricity generation and water desalination plant in the UAE. Since 2015, DEWA has been working with Siemens on the Jebel Ali M-Station expansion, with the total cost for its construction ...

Abu Dhabi / WAM Dr Amal Abdullah Al Qubaisi, Speaker of the Federal National Council, FNC, has received Fayhan Al Fayez Shalhoub, Ambassador of the Republic of Colombia to the UAE. Ahmed Shabib Al Dhaheri, FNC Secretary-General, and a number of officials also attended the meeting. During the meeting, the two sides reviewed the bilateral relations between the UAE and ...

Dubai / WAM In H1 of 2017, Dubai Customs conducted 133 seizures of goods worth up to AED72.584 million that were found to have infringed intellectual property rights. Dubai Customs firmly acted against IPR infringements to protect society and the economy from counterfeit goods, and to support a compe- titive investment environment in Dubai by enabling producers to avoid losses ...

DUBAI / WAM Vice President and Prime Minister of UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum approved the new strategy for Building Permit Procedures Development in Dubai. The strategy will ensure speeding up the process of acquiring building permits from concerned government entities to assist investors in the real estate sector. The new strategy, ...

ABU DHABI / WAM The UAE youth have made a difference and come a long way, thanks to the trust and support given to them by President His Highness Sheikh Khalifa bin Zayed Al Nahyan; Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum; and His Highness Sheikh Mohamed bin ...

DUBAI / WAM On the announcement of the biannual results, His Excellency Ali Bin Harmel Al Dhaheri, Chairman of the Board of Directors of National Takaful Company (Watania), emphasized that in the year 2016, the company’s performance received support and reinforcement. Watania stopped some of its operations that caused it to incur loss in some sectors, and also developed a ...

DUBAI / WAM The Telecommunications Regulatory Authority (TRA) announced the completion the Federal Network (FEDNet) security systems upgrade in a step aimed at protecting more than 35 federal entities against ‘advanced persistent threats’ in their various forms, whether through e-mail or internet browsing. This step comes in line with TRA’s efforts to enhance protection against cyber-breaches, as well as protecting ...

DUBAI / WAM The Board of Executive Directors of Roads and Transport Authority (RTA), chaired by Mattar Al Tayer, Director-General and Chairman of the Board, has endorsed the awarding of a contract for procuring 125 new school buses. The new buses will add to the fleet of the Dubai Taxi Corporation (DTC) to cope with the growing school transport activity. ...

Dubai / Emirates Business Dhofar Global, a leading supplier of hygiene products in the Middle East, announced that it has signed an agreement with AccorHotels, the world’s leading travel & lifestyle group. Through the agreement, Dhofar Global will supply world-class cleaning and hygiene products for the hotels the Group operates in the UAE, Oman, Bahrain and the Seychelles. The deal ...