DUBAI / WAM Enoc group announced the signing of an agreement with Japan’s Idemitsu for the supply and distribution of lubricants in the UAE and neighbouring countries. The agreement enables Enoc to produce lubricants for Idemitsu and its customers such as the original equipment manufacturer (OEM), for Toyota, in addition to managing the supply and distribution of lubricants. Ensuring a ...

Bloomberg Oil extended declines to the lowest in a year on fears the fast-spreading coronavirus will take a major toll on the global economy. Futures in New York fell 1.4% after plummeting more than 7% over the previous three sessions. Top US health officials warned of a domestic outbreak of the infection, triggering another sell-off on Wall Street and in ...

Abu Dhabi / WAM Sultan bin Saeed Al Mansoori, UAE Minister of Economy, discussed ways to further develop economic cooperation frameworks with Mexico during a number of bilateral meetings held with Mexican ministers and other government officials, in connection with UAE delegation’s participation in the “Mexico-UAE Business and Trade Forum” hosted by Mexico. During Al Mansoori’s meeting with Miguel Torruco ...

Dubai / WAM The Ministry of State for Federal National Council Affairs, (MFNCA) has organised the ‘Elections Lab’ initiative at the YouthxHub in Dubai on Wednesday, in collaboration with the Federal Youth Authority. The initiative seeks to explore innovative solutions to develop the electoral process, in line with the Ministry’s commitment to embracing innovation as a means to promote political ...

ABU DHABI / WAM A delegation from the Khalifa bin Zayed Al Nahyan Foundation began providing humanitarian aid to around 32,000 families in Madagascar. The aid is in implementation of the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, and the support of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and ...

ABU DHABI / WAM Under the Patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the 4th edition of UMEX and SimTEX concluded at the Abu Dhabi National Exhibitions Centre, facilitating a huge number of trade deals valued at approximately AED749,081,718 during the three-day event. ...

Dubai / Emirates Business Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (Measa) region, has reaffirmed DIFC’s commitment to Asian FinTech partnerships and advancing the centre’s FinTech ecosystem. DIFC has signed a Memorandum of Understanding (MoU) with Tribe Accelerator, the first Singapore government supported Blockchain accelerator, to collaborate on knowledge ...

Ajman / Emirates Business In support of Ajman Free Zone’s (AFZ) vision to provide an efficient business ecosystem, AFZ signed a Memorandum of Understanding (MoU) with the Dubai International Financial Centre (DIFC) Courts to promote the public wills service provided by the UAE’s first English-language common law court. The agreement was signed by Sheikh Ahmed bin Humaid Al Nuaimi, Chairman of ...

DUBAI / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, said that data is a key pillar in the strategy to realise the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to transform ...

DUBAI / WAM The Charity Sector at the Islamic Affairs and Charitable Activities Department in Dubai (IACAD) has announced that the charitable donations by the Department worth AED72,641,580.05 in 2019. The donations reached over 177,000 beneficiaries over the past year included education, health, housing, food and others. The annual report issued by the Charity Sector at IACAD indicated that the ...