Bloomberg Group of Seven (G-7) finance chiefs said they are ready to act to shelter their economies from the spreading coronavirus, though they stopped short of spelling out what specific measures they would put into place. “We, G-7 Finance Ministers and Central Bank Governors, are closely monitoring the spread of the coronavirus disease 2019 (Covid-19) and its impact on markets ...

ABU DHABI / WAM The UAE’s gross domestic product (GDP), in constant prices, is projected to grow to AED1.501 trillion in 2020 from AED1.464 trillion in 2019 and AED1.442 trillion in 2018, said Obaid bin Humaid Al Tayer, Minister of State for Financial Affairs, and Chairman of the Federal Tax Authority. Al Tayer was answering a question from a member of ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, chaired the UAE Cabinet on Tuesday and was briefed on the latest developments and preventive measures taken by all concerned national authorities to protect the community from the new coronavirus (Covid-19). The cabinet reviewed all procedures and ...

DUBAI / WAM His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority, on Tuesday opened the 45th edition of Middle East Energy, previously known as Middle East Electricity, the global energy platform running until March 5 at Dubai World Trade Centre. Touring the exhibition, HH Sheikh Ahmed explored the latest technology breakthroughs and solutions being ...

ABU DHABI / WAM The Khalifa University of Science and Technology has once again validated its status as a pioneering research-intensive higher education institution, driving innovation in new technologies, after winning two top recognitions at the Abu Dhabi Awards for Intellectual Property. It was presented with the ‘Top University with Filed Patents’ award that was received by Dr. Steve Griffiths, ...

ABU DHABI / WAM Mohammed Saif Al Suwaidi, Director-General of Abu Dhabi Fund for Development (ADFD) has welcomed a visiting high-level delegation from Malawi, led by Ralph Pachalo Jooma, Malawi’s Minister of Transport and Public Works, at the Fund’s headquarters in Abu Dhabi. During the meeting, the two sides discussed strengthening synergies and explored joint efforts to further finance development ...

DUBAI / WAM The Mohammed bin Rashid Space Centre (MBRSC) announced on Tuesday that over 3,000 Emirati men and women have applied to become the next UAE astronaut on future space missions. Registration figures for the second batch of the UAE Astronaut were revealed during a press conference by Yousuf Hamad Al Shaibani, Director-General, MBRSC, Salem Al Marri, Head of ...

DUBAI/ WAM The Ministry of Economy during the ‘15th Gulf Consumer Protection Day’ conference revealed a new initiative aimed at reducing the price of 5000 food and consumer goods in various regions of the country, with reduction rates ranging between 25% to more than 60%, starting from March 1 to the end of this month. Dr. Hashim Al Nuaimi, Director ...

AJMAN/ WAM During a promotional trip to the Russian capital, Moscow, the Ajman Media City Free Zone (AMCFZ) presented the key services and investment advantages it provides, as part of its plan to expand to other regions and promote its services. Mahmoud Khalil Al Hashimi, Executive Director of the AMCFZ, said that the trip aims to attract Russian investors, companies, ...

ABU DHABI / WAM The 6th Annual Sustainable Business Leadership Forum 2020 is set to take place on March 18-19 at the Anantara Eastern Mangroves Hotel, Abu Dhabi. To be hosted by Abu Dhabi Sustainability Group (ADSG), the Forum will be held under the theme “Delivering business growth and contributing to societal growth”. It aims to promote and support sustainability ...