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Arab Future Cities Summit opens

Dubai / WAM Dr. Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development and Chairman of the Board of Directors of the Sheikh Zayed Housing Programme, on Monday launched the 5th Arab Future Cities Summit 2018 in Dubai. The two-day summit was organised by the Ministry of Infrastructure Development and the Sheikh Zayed Housing Programme, in cooperation with “Expotrade ...

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National Bank of Fujairah launches Mudaraba products

Fujairah / WAM National Bank of Fujairah (NBF), announced the expansion of its NBF Islamic portfolio by launching a suite of savings products based on the Islamic principle of Mudaraba. By doing this, the bank complements the existing Sharia’-compliant Murabaha and Wakala deposits by adding savings accounts, fixed-term and dream deposits. Mudaraba is one of the most credible Islamic products ...

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Sheikh Nahyan inaugurates pharma event in Abu Dhabi

Abu Dhabi / Emirates Business HE Sheikh Nahyan bin Mubarak al Nahyan, Minister of Tolerance, on Monday officially inaugurated CPhI Middle East & Africa 2018, the region’s leading platform for the pharmaceutical industry, followed by a tour of the exhibition. This year’s show is making its regional debut in the UAE, taking place at the Abu Dhabi National Exhibition Centre ...

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TRA holds forum on UN e-government survey

Dubai / WAM The Telecommunications Regulatory Authority (TRA), has held a workshop on “Developments and best practices in the UN E-Government Survey 2018”, at the InterContinental Dubai – Festival City. The forum was divided into two workshops, one focused on e-participation, while the second discussed open and big data and their impact in enhancing digital government orientation. The forum also ...

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UAE a partner country of 15th ‘China International SME Fair’

Abu Dhabi / WAM The UAE will participate in the 15th “China International Small and Medium-Sized Enterprise, (SME), Fair,” which will be held in Guangzhou, the capital of Guangdong Province, China, from October 10-13, through a major commercial delegation. The delegation is being organised by the “SME Council,” through its executive arm, the “National SME Programme,” which operates under the ...

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Stocks mixed on global-trade fears; pound drops on Brexit

Bloomberg Stocks were steady in Europe on Monday while US futures climbed and emerging market shares dropped as investors assessed the complex outlook for international trade. The pound fell as the UK’s flagship Brexit proposal came under attack. Gains in energy shares were offset by declines in automakers and construction firms in thin trading on the Stoxx Europe 600 Index, ...

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Stock rally faces hurdles in India

Bloomberg Another thousand-point milestone is within reach for India’s benchmark equity index. Following the drubbing earlier this year, the S&P BSE Sensex is nearing the 39,000 level, the gauge’s third round-number mark since surpassing its life-time peak two months ago — a rally that’s helped the gauge cement the tag of Asia’s best performer this year. While there’s optimism that ...

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UAE announces names of its first astronauts to go to space

ABU DHABI / WAM In a new Arab achievement, the UAE has announced the selection of the first two Emirati astronauts, Hazza Ali Abdan Al Mansouri and Sultan Saif Hamad Al Neyadi, in cooperation with the Russian space agency, Roscosmos State Corporation for Space Activities, among the 4,000 young men and women who have been tested for the UAE Astronaut ...

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‘UAE’s achievements reach space sector’

ABU DHABI / WAM The UAE’s ongoing achievements that are taking place have succeeded in transforming ideas into reality, with the support of the wise leadership, who on Monday declared a new Arab achievement related to space, by announcing the names of the first two Emirati astronauts who will travel to the International Space Station. This achievement highlights the UAE’s ...

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