Abu Dhabi / Emirates Business The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), as part of the Cruise Arabia delegation, is to attend SeaTrade Cruise Med, a high-level event which will take place from September 19-20 in Lisbon, Portugal. Abu Dhabi’s participation in this international event is just one in a series of initiatives aimed at ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has honoured the winners of the first edition of the UAE Emiratisation Award, during a ceremony that took place in Abu Dhabi. The ceremony was attended by HH Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy ...

Abu Dhabi / Emirates Business Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, on Monday announced an initiative to launch a FinTech digital sandbox. The digital sandbox allows financial institutions (FIs) and FinTech innovators to come together to experiment on products and solutions in a digital platform environment, supported by regulatory standards developed by the Financial ...

Abu Dhabi / WAM Abu Dhabi Global Market (ADGM), on Monday successfully launched its second edition of fintech Abu Dhabi Summit, held under the patronage of HH Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council, at the Fairmont Bab Al Bahr, Abu Dhabi. The two-day event, was well-attended by about 1,000 participants comprising senior government ...

ABU DHABI / WAM Plug & Play, a global innovation platform, bringing together the best startups and the world’s largest corporations, will start deploy capital in the UAE by Q1 2019 “to invest in the local startup scene more proactively,” Omeed Mehrinfar, Managing Director Fintech, at Plug and Play told the Emirates News Agency (WAM). “Actually we could have started ...

DUBAI / WAM The Dubai Land Department (DLD), and the Dubai Creative Clusters Authority (DCCA), signed two Memoranda of Understanding (MoUs), in line with the interests of the two parties to structure and develop their relationship. The first MoU covers the integration of electronic systems and the exchange of both information and technical expertise, while the second revolves around the ...

DUBAI / WAM The Dubai Science Park, a science-focused business community, hosted a panel discussion in partnership with CPhI Middle East and Africa, the region’s most comprehensive pharma gathering, to discuss the importance of attracting manufacturing activities to the local pharmaceuticals and medical equipment sector and decrease dependency on medical imports. Themed ‘Dubai Industrial Strategy 2030: Advancing the UAE pharmaceutical ...

Bloomberg Saudi Arabia brokered a new peace agreement between Ethiopia and Eritrea aimed at stabilising the Horn of Africa region, Foreign Minister Adel Al-Jubeir said. Ethiopian Prime Minister Abiy Ahmed and Eritrean President Isaias Afwerki signed the so-called Jeddah Peace Accord on Sunday in the presence of King Salman bin Abdulaziz and United Nations Secretary-General Antonio Guterres. It’s the second ...

Bloomberg US stocks started the week lower, while Asian equities slumped and European shares gained, as investors grappled with the latest American threats to expand tariffs on Chinese goods. The dollar slipped and emerging-market currencies declined. The S&P 500 Index was pulled down on Monday by technology companies including Amazon.com Inc., Apple Inc. and Microsoft Corp. Semiconductor stocks also slumped, ...

Bloomberg China’s benchmark equity gauge fell to its lowest close since 2014, before the market’s boom and subsequent bust, while Hong Kong stocks also declined as the US trade dispute and a severe typhoon hurt sentiment. The Shanghai Composite Index fell 1.1 percent to 2,651.79 points, passing its 2016 post-crash low of 2,655.66. The gauge is one of the worst ...