Dubai / WAM Dubai Police have launched an initiative that will entitle drivers to a 100 percent reduction on existing fines, under the condition that drivers do not commit any violations for a full calendar year starting from February 2019. Under the new initiative, drivers who do not commit any traffic violations for three months will be eligible for a ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Wednesday attended part of the Third Forum of UAE’s Ambassadors and Representatives of Diplomatic Missions, which started on February 2 and will wrap up on Thursday. His Highness Sheikh Mohamed attended panel sessions ...

Abu Dhabi / WAM The Federal National Council (FNC), during its session on Wednesday at its headquarters in Abu Dhabi headed by its Speaker, Dr. Amal Abdullah Al Qubaisi, approved a draft federal law regulating practising the medical profession. Its provisions apply to all those who practice or request to practice the profession inside the country including the free zones. The ...

Dubai / WAM Dubai Islamic Bank (DIB), rang the market-opening bell on Wednesday to celebrate the listing of a $750 million Sukuk on Nasdaq Dubai. The Sukuk was 4.9 times oversubscribed with a profit rate of 6.25 per cent per annum, with nearly 40% of investor interest coming from outside the Middle East. As a perpetual non-call 6-year Sukuk, it was ...

Abu Dhabi / WAM Hussain Jasim Al Nowais, Chairman of Khalifa Fund for Enterprise Development, and Saadou Sidou, Nigerien Minister of Trade and Private Sector Development, have signed a $25 million (AED92 million) agreement aimed at providing support for micro, Small and Medium-sized Enterprises (SMEs), in Niger, where the amount will be distributed in equal instalments. This came during a ...

Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (Enec) and its subsidiaries, the Nawah Energy Company and Barakah One Company, hosted an Innovation Majlis, a hackathon, and youth events as part of its UAE Innovation Month activities. The initiatives were designed to foster and sustain a culture of innovation, future planning and adoption of smart solutions across all of Enec’s ...

Dubai / WAM The total number of operational restaurants and cafes in the emirate of Dubai reached 11,813 at the end of 2018, according to a report issued by the Business Registration & Licensing (BRL) sector in the Department of Economic Development (DED), Dubai. This increase was driven by Dubai’s sophisticated infrastructure and its conducive environment for doing business. The ...

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Wednesday received Isaias Afwerki, President of Eritrea, who is currently visiting the country. His Highness Sheikh Mohamed and President Afwerki discussed fostering the bonds of friendship and cooperation between the two friendly countries ...

DUBAI / WAM Dubai SME, an agency of the Department of Economic Development in Dubai that helps develop the Small and Medium-sized Enterprise (SME), sector, and Jumbo 3D Manufacturing, part of the Jumbo Group, signed a Memorandum of Understanding (MoU), to drive awareness about 3D manufacturing technology. Abdul Baset Al Janahi, CEO, Dubai SME and Arvind Agrawal, CEO, Jumbo Group, ...

Abu Dhabi / WAM Emirates Foundation, in partnership with the Ministry of Education and Abu Dhabi Department of Education and Knowledge, announced the expansion of its Think Science Platform with the launch of ‘Think Science Fairs’ to take place across the UAE starting with UAE Innovation month. Held under the patronage of HH Sheikh Abdullah bin Zayed Al Nahyan, Minister ...