ABU DHABI / WAM Expats’ remittances from the UAE amounted to AED38.41 bn during Q1-2019, according to figures released by the Central Bank of the United Arab Emirates. A total of AED25 bn thereof was transferred through money exchange companies and the rest from the banks operating in the country. India took home the crown as the top-receiving country for ...

Abu Dhabi / WAM The Zayed Sustainability Prize has announced a record 2,373 completed submissions for the 2020 awards. Following its 11th annual awards ceremony held in January, Prize entered a four-month submissions phase, which closed on May 30 with a record 13 percent increase in submissions over the previous year. Of the entries received, the breakdown across the Prize’s ...

YAOUNDE / WAM Fahad Obaid Mohammad Al Taffaq, UAE Ambassador to Nigeria and Non-Resident Ambassador to the Republic of Cameroon, held meetings with a number of officials and businessmen in Cameroon, and discussed ways to strengthen cooperation with the Central African country in all fields. Al Taffaq visited the capital city Yaounde, and toured a number of institutions and bodies ...

ABU DHABI / WAM The UAE has become the first country in the Gulf to launch a new reporting platform developed by the United Nations Office on Drugs and Crime (UNODC), to curb organised crimes. The UAE’s Financial Intelligence Unit (FYU), launched the new anti-money laundering platform ‘goAML’ , which has been open for registration since May, officials of the ...

Dubai / Emirates Business Dubai Science Park (DSP), a science- and healthcare-focused business community, hosted the seventh edition of its Advance Health networking event. Under the theme ‘How 3D Printing Is Transforming Health’, the forum brought together industry experts to explore the potential that 3D printing can create in the healthcare space. Organised in partnership with Synapse Medical Services, a ...

Abu Dhabi / WAM The Telecommunications Regulations Authority (TRA) reported a 43.2% decline in cyberattacks on government, semi-government and private sector entities in UAE during first five months of 2019, as compared to same period last year. A total of 113 cyberattacks were foiled from January to May 2019 against 199 during the corresponding period in 2018. Seven of these ...

Dubai / WAM Dubai has issued 2,599 new licenses during May 2019, a growth of 50 percent compared to May 2018 (1,736). The new licenses created 8,348 jobs in the labour market, the Business Registration and Licensing, BRL, sector in the Department of Economic Development (DED), said on Sunday. Among the new licenses issued, 54.7% were professional, 42.7% commercial, 1.8% ...

Dubai / WAM Etihad Credit Insurance (ECI), the UAE Federal Credit Insurance Company signed a Memorandum of Understanding (MoU), with the Jordan Loan Guarantee Corporation (JLGC), to explore, develop and strengthen the trade relationship between the UAE and Jordan on the basis of equality, mutual benefit, respect and trust. This partnership will enable enhance trade and business activities through the ...

Manama / WAM Sheikh Sultan bin Hamdan bin Zayed Al Nahyan, UAE Ambassador to Bahrain, on Sunday attended signing of an agreement to launch the first phase of the ‘Sheikh Zayed Highway’ development project in Bahrain. The agreement was signed by Issam bin Abdullah Khalaf, Bahrain’s Minister of Works, Municipal Affairs and Urban Planning, and representatives of the Emirati company, ...

ABU DHABI / WAM The ‘Sanad Initiative’, launched by the Higher Colleges of Technology (HCT), in 2017, aims to assist the college’s graduates in obtaining appropriate certificates and entering the labour market, ensuring their readiness to begin their careers, a HCT official noted. Sanad targets graduates looking for work and employs them in various administrative positions for three to six ...