ABU DHABI / WAM The Ministry of Interior (MoI), announced that it is increasing the fine concerning drivers that do not give way to emergency vehicles, such as ambulances, police cars and official parade vehicles, as mentioned in Federal Traffic Law, to AED3,000. Offending vehicles can also be seized for 30 days and drivers will be penalised six traffic points, ...

DUBAI / WAM Thuraya Telecommunications Company, the mobile satellite services subsidiary of the Al Yah Satellite Communications Company (Yahsat), on Monday announced the unveiling of its newest smart solutions for the fast-growing APAC market at CommunicAsia 2019 in Singapore. By combining the power of L-band with the dexterity of GSM and the global reach of Ku-band, Thuraya provides users unrivalled ...

DUBAI / WAM DMCC, the free zone for commodities trade and enterprise, has launched an exclusive offer on company set up for residents in the Jumeirah Lakes Towers, JLT, community. From June 2019, JLT residents qualify for a 40 percent reduced rate when registering a new company. “Flexibility is key when starting a business and by launching this exclusive offer, ...

ABU DHABI / WAM SALT – a global thought leadership forum fostering collaboration at the intersection of finance, technology, and geopolitics – has announced that it will bring the global thought leadership forum to Abu Dhabi later this year in strategic partnership with Abu Dhabi Global Market (ADGM). SALT Abu Dhabi, set to take place from November 19-21, will gather ...

Dubai / WAM The Business Registration and Licensing (BRL), sector in the Department of Economic Development (DED, Dubai), issued 2,599 new licences during May 2019, a growth of 50 percent compared to May 2018 (1,736). The new licences created 8,348 jobs in the labour market. Among those issued, 54.7% were professional, 42.7% were commercial, 1.8% related to tourism and 0.8% ...

Dubai / WAM Dubai’s Department of Tourism and Commerce Marketing, Dubai Tourism, reported a steady incline in tourism volumes from Romania, welcoming 29,670 overnight visitors in the first three months of 2019. Underscoring a 24 percent year-on-year increase when compared to the same period in 2018, the emirate has experienced sustained interest and a steady uplift in the number of ...

Abu Dhabi / WAM Emirates Foundation announced on Monday the launch of the fourth edition of the Emirates Award for the Arabian Gulf Youth (EAAGY). The award aims to unleash young individual’s social entrepreneurship potential and to establish leading social enterprises, which are capable of addressing and tackling collective challenges and achieving sustainable outcomes. It is one of the Emirates’ ...

Abu Dhabi / WAM The Abu Dhabi National Oil Company (Adnoc) on Monday announced a new strategic partnership with OCI N.V, which is a global producer and distributor of natural gas-based fertilisers and industrial chemicals, headquartered in the Netherlands. The partnership will see Adnoc combine its fertiliser business, Adnoc Fertilisers, into OCI’s Middle East and North Africa (Mena) nitrogen fertiliser ...

MOCHA / WAM With the support of the UAE, a project to increase water production capacity was launched in Mocha, on Yemen’s Red Sea Coast. It will serve more than 30,000 residents of the city and neighbouring areas. Mohammed Al Junaibi, Director of Humanitarian Affairs for the Emirates Red Crescent, ERC, in Yemen, said that the project will involve the ...

Bloomberg Iran warned European nations on Monday that it would breach in 10 days the landmark 2015 nuclear agreement unless they take action to alleviate the pressure of tightening US sanctions in the coming weeks. The spokesman for Iran’s atomic energy agency, Behrouz Kamalvandi, said the country would exceed a cap on stockpiles of low-grade uranium on June 27 and ...