WashingtonI / AFP The IMF on Tuesday left its global economic forecasts unchanged into 2017 but called governments to take action against the threats of low growth and protectionism. Global output is expected to grow this year at a rate of 3.1 percent before rising to 3.4 percent next year, estimates that are unchanged from July, according to the International …

  DUBAI / WAM The Awqaf and Minors Affairs Foundation, AMAF, is set to participate in the upcoming third edition of the Global Islamic Economy Summit, GIES. Under the patronage of Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, the event will take place on October 11 and 12 …

  MONTREAL / WAM The UAE General Civil Aviation Authority (GCAA) has proposed a single set of units of measurement for all air and ground operations to make flying safer. These measurements would prevent pilots and crew members from incorrectly converting values relating to distance, height and speed especially under strenuous circumstances such as adverse weather, unfamiliar airports, and emergency …

  Dubai / WAM Masdar, Abu Dhabi’s renewable energy company, is on track to achieve double-digit annual growth in its clean energy portfolio between now and 2020, in line with industry demand, with a pipeline of ambitious projects underway in both solar and wind, the company said on Tuesday. Masdar will showcase how it is leading the adoption and commercialisation …

  ABU DHABI / WAM ZonesCorp has signed a Memorandum of Understanding (MoU) with the Telecommunications Regulatory Authority, whereby the TRA, acting through the UAE Computer Emergency Response Team, aeCERT, will provide a number of advisory services to ZonesCorp relating to cybersecurity. The MoU implies that ZonesCorp has a highly robust system in place to identify and effectively protect against …

  Dubai / AFP The 18th Water, Energy, Technology, and Environment Exhibition (WETEX) 2016, opened on Tuesday at the Dubai International Convention and Exhibition Centre, under the directives of Vice President and Prime Minister of UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, and patronage of H.H. Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler …

  Dubai / Emirates Business The Smart Dubai Office, the Smart Dubai Government Establishment and the Department of Economic Development (DED), in collaboration with IBM, have launched the city’s first cognitive computing service to facilitate business licensing and registration in Dubai. The service, which was unveiled in a press conference at the Business Village Tuesday morning, delivers on the directive …

Dubai / WAM “The challenges, opportunities, implications and considerations of Brexit are becoming gradually clearer to all,” said Chief Legal Officer of Dubai International Financial Centre (DIFC) Authority Jacques Visser during a debate. “It is important though that conversations around Brexit take place in as broad a context as possible and take into consideration all the factors of a changing world. …

  Dubai / WAM The volume of trade between the UAE and Belarus is expected to increase in the near future up from US$28 million in 2015, driven by the common desire of both countries for better economic relations, Under-Secretary for Economic Affairs at the UAE Ministry of Economy, Mohammed Ahmed Al Shehhi, said on Tuesday. The UAE-Belarus Joint Economic Commission, …

  Abu Dhabi / WAM The Department of Municipal Affairs and Transport (DMAT) has signed a memorandum of understanding (MoU) with Toyota Tsusho Asia Pacific and Inrix for providing transport and navigation data to vehicles under the Transport Information and Navigation System project, the department announced. According to the MoU, the companies will be provided with traffic information about the road …