Bloomberg The European Central Bank (ECB) and the lenders it oversees are running out of time in their push for rules to foster cross-border mergers. European Union regulations need to change so consolidation makes financial sense, the ECB and firms say. But their shared urgency has been stymied by politicians from Germany and smaller states who want to make sure ...

ABU DHABI / WAM The UAE participated in “World Maritime Day,” which was held in Szczecin, Poland, under the slogan, “our legacy to achieve better maritime transportation for better shipping.” The event was organised by the Ministry of Maritime Economy and Internal Navigation of Poland, in cooperation with the International Maritime Organisation (IMO). The UAE delegation was led by Dr ...

Dubai / WAM Will we be living in cities built by robots in the caves of Mars? Could mushrooms be the key to delicious meals off planet? These and other questions will be explored by some of the world’s best scientists, who recently won the MBR space settlement challenge. The Dubai Future Foundation’s new think tank, the Mohammed Bin Rashid ...

Abu Dhabi / WAM The Federal Tax Authority (FTA) has developed its e-Services to include new features allowing Taxable Persons to link their accounts with an accredited Tax Agency, authorising it to carry out registration procedures, submit tax returns, and complete tax transactions on behalf of the Taxable Person, who is kept posted with real-time updates. In a press statement ...

Dubai / Emirates Business Emirates launched a new daily service from Dubai to Auckland via Bali, reflecting increased interest in the attractive Indonesian island destination and improving connectivity to New Zealand. The new service offers global travellers a total of three daily services to New Zealand, complementing Emirates’ existing non-stop daily A380 service between Dubai and Auckland and its current ...

Abu Dhabi / WAM The UAE participated in “World Maritime Day,” which was held in Szczecin, Poland, under the slogan, “Our Legacy to Achieve Better Maritime Transportation for Better Shipping.” The event was organised by the Ministry of Maritime Economy and Internal Navigation of Poland, in cooperation with the International Maritime Organisation, IMO. The UAE delegation was led by Dr. ...

Abu Dhabi / WAM More than 1.2 million people came from different parts of the world to the Sheikh Zayed Grand Mosque in the capital during the holy month of Ramadan. Dozens of large portable air conditioning systems and large red and gold carpets were placed into the mosque’s central courtyard as the organisers spared no effort to welcome the ...

DUBAI / WAM Dubai FDI, the investment development agency of Dubai Economy, is organising one of the largest economic delegations from Dubai in recent years for an official mission to Australia as part of its continuing efforts to strengthen existing economic cooperation and attract investments into the emirate. The mission, which will take place from June 25 to June 29, ...

DUBAI / WAM The Board of Executive Directors of the Roads and Transport Authority (RTA) in Dubai, chaired by Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors, awarded a contract for procuring 900 new vehicles to consolidate the Dubai Taxi fleet. The new lot includes 370 environment-friendly hybrid vehicles fitted with dual fuel-electric power motors. “The ...

ABU DHABI / WAM The Sawab Center, a joint UAE-US digital communications hub to combat violent extremist ideologies online and promote positive alternatives, announced the launch of a new campaign on its social media platforms. Under the hashtag of #AboutAFather, the five-day campaign will run from June 17 – 21 in Arabic and English on Sawab’s Twitter, Facebook, Instagram, and ...