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Fujairah Crown Prince opens ‘FUJCON 2019’

FUJAIRAH / WAM His Highness Sheikh Mohammed bin Hamad bin Mohammed Al Sharqi, Crown Prince of Fujairah, highlighted the importance of preserving the maritime environment and maritime resources to achieving sustainable development, in line with international environmental conventions, most of which were ratified by the UAE. He also noted the directives of HH Sheikh Hamad bin Mohammed Al Sharqi, Supreme ...

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Stocks climb as Treasury rally takes breather; dollar rises

Bloomberg US stocks rallied and Treasuries fell as investor concern over an economic downturn showed signs of easing. The dollar edged higher. Every industry in the S&P 500 Index advanced, with technology and consumer shares leading gains. The yield on benchmark US debt rose after closing below 2.4 percent though the spread between three-month and 10-year rates remained in negative ...

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Pound advances as top Brexiteer revives hopes for PM’s deal

Bloomberg The pound climbed as Brexiteer Jacob Rees-Mogg signalled he could back the UK Prime Minister’s deal to leave the European Union, as he kept alive the possibility that her plan might pass through parliament, which did not. Sterling reversed earlier declines to lead gains across the Group-of-10 currencies as Rees-Mogg said Theresa May’s deal was “better than not leaving ...

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A360 Summit spotlights global industry trends

Dubai / WAM The Abundance 360 Summit (A360), being held for the first time in Dubai highlighted, during its first day, the latest global industry trends and challenges that are presented by the evolvement of technology. Delegates representing top financial institutions, unicorn tech companies, representatives of some of the region’s most renowned family offices and senior management of Fortune 500 ...

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Emirates NBD joins forces with DIFC to launch API Sandbox Programme

Abu Dhabi / WAM Emirates NBD, together with FinTech Hive announced a new programme where they are certifying FinTechs that collaborate, co-create and innovate using Emirates NBD’s API (Application Programming Interface) Sandbox. API Sandbox is an important milestone in the bank’s AED1 billion digital transformation programme. The platform, which has been opened up to developers and FinTech firms, consists of ...

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‘WAM Majlis’ highlights UAE’s future vision

Abu Dhabi / WAM The Emirates News Agency (WAM), on Tuesday launched a forum titled, ‘WAM Majlis’, which will engage with UAE officials on national developments. The ‘WAM Majlis’ will take place on a monthly basis, hosting ministers and senior officials to share updates on key projects and agendas that their institutions are undertaking, while highlighting progress made towards attaining the ...

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UAE citizens exempted from pre-entry visas to Uzbekistan

Abu Dhabi / WAM Uzbekistan has exempted UAE citizens who hold diplomatic and ordinary passports from obtaining pre-entry visas. The decision by Uzbekistan’s government came into force on March 20, enabling UAE citizens to visit Uzbekistan for 30 days without a pre-entry visa. Badr Al Awadhi, Director of the Consular Services Administration at the Ministry of Foreign Affairs and International ...

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VP, Uzbek president discuss ties

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, met President Shavkat Mirziyoyev of Uzbekistan on Tuesday. During the meeting, the two sides reviewed bilateral ties between the two countries, particularly in the tourism, energy, and investment sectors. HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, ...

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Khalifa Fund, Adnoc sign deal to enhance entrepreneurship

ABU DHABI / WAM The Khalifa Fund for Enterprise Development (KFED), signed a Memorandum of Understanding with the Abu Dhabi National Oil Company (Adnoc), where Khalifa Fund will provide a range of training programmes and entrepreneurship workshops for Adnoc’s employees and retirees who are looking to enhance their skills and knowledge in the SME sector. The signing of agreement was held ...

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