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Khalifa Foundation launches first food outlet market in Dubai

Dubai / WAM The Khalifa bin Zayed Al Nahyan Foundation has launched, in cooperation with the Abu Dhabi Co-operative Society, Abu Dhabi COOP, the first food outlet market that sells food supplies to UAE nationals and residents, with the exception of rice and flour, which are only available to UAE nationals, at cheap prices. The launch of the market, which ...

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Maqta Gateway, ADGM launch fintech innovators platform

ABU DHABI / WAM­­­­­ Maqta Gateway, an Abu Dhabi Ports subsidiary, and Abu Dhabi Global Market (ADGM), signed a Memorandum of Understanding (MoU) to collaborate on innovation projects, technologies and knowledge transfer. The signing took place on the side-lines of the FinTech Abu Dhabi 2018. The agreement aims to spur economic growth, creative thinking and entrepreneurism through setting up a ...

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SEC reviews Sharjah’s facilities for investors

SHARJAH / WAM His Highness Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince, Deputy Ruler of Sharjah and Chairman of the Sharjah Executive Council (SEC), chaired a meeting of the Council on Tuesday, at the Ruler’s Office in Sharjah, in the presence of His Highness Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of Sharjah and ...

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UAE to put focus on its nuclear energy programme at IAEA conference

VIENNA / WAM The United Arab Emirates is taking part in the Annual week-long General Conference of the International Atomic Energy Agency (IAEA), at the organisation’s headquarters in Vienna, Austria. The UAE delegation, led by Hamad Ali Al-Ka’abi, Permanent Representative of the UAE to the IAEA, includes various national stakeholders in nuclear industry such as the UAE’s Federal Authority for ...

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ERC distributes food aid to 330 Yemeni families

MUKALLA / WAM The Emirates Red Crescent (ERC), distributed a fresh consignment of food aid to 330 needy families in Al Rahba, Al Qariyah, Qaher, Al Quoz areas in Tarim district of the Hadramaut governorate, within the framework of its humanitarian project to support suffering families. The aid that was received by 1,650 persons from needy families included basic food ...

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Dubai to host inaugural Mena Cinema Forum

DUBAI / WAM Investment of more than $3.54 billion in cinema screens across the Gulf is expected to help the region’s cinema industry expand manifold following Saudi Arabia’s historic decision to open up the sector 35 years after cinemas were banned in the kingdom. The expansion of the region’s box offices and the industry’s evolution provides massive opportunities as well ...

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Over 100 experts to attend Arab Media Leaders forum

SHARJAH / WAM The Sharjah Press Club of the Sharjah Government Media Bureau will host the fifth edition of the Arab Media Leaders Forum, an initiative by the Arab Media Forum Authority, on September 26 and 27, featuring more than a hundred leading journalists, media professionals, senior management and owners etc. The forum will open with the session titled, ‘The ...

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Enbridge to buy units for $7.1bn

Bloomberg Enbridge Inc. agreed to acquire the shares it doesn’t already own in three North American units for about $7.1 billion as the Canadian pipeline giant moves to simplify its corporate structure. The rollup of the so-called master limited partnerships will bring all of Enbridge’s core liquids and natural gas assets under the umbrella of a single publicly traded entity ...

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Duke restores power

Bloomberg Almost 80 percent of the 1.5 million customers who lost power in Hurricane Florence have had their electricity restored by Duke Energy Corp. It’s the remaining few hundred thousand that could be the test. “The first ones are the easiest ones,” Kit Konolige, a New York-based analyst for Bloomberg Intelligence, said.

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Russia lashes out at Israel after plane downed in Syria attack

Bloomberg Russia warned angrily it may respond to “hostile” actions by Israel after one of its military reconnaissance planes was downed mistakenly by Syrian forces fighting off an attack by Israeli warplanes. The spike in tensions came a day after Russia called off a campaign against the last major opposition-held area in Syria, preventing for now an escalation in the ...

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