April, 2016

• 3 April

  A hi-tech tool to fight ID frauds

  

  RITIKA SHARMA / EMIRATES BUSINESS ID frauds—one of the fastest growing crimes – adversely impacts the private sector and causes enormous losses. Around 54 percent of data breaches in 2014 were related to identity thefts, where 17 percent aimed at financial access and 11 percent sought account access, indicates a recent survey. In order to subdue the number of ID ...

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• 3 April

  DIAC pushes China services

  DUBAI / WAM As part of their efforts to promote commercial arbitration in settling trade disputes, the Dubai International Arbitration Centre (DIAC) in cooperation with the UAE Consulate in Shanghai, organised an introductory session to highlight the benefits and services offered by the Centre to Chinese contracting parties.

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• 3 April

  UAE at ‘Bahrain meet’

  ABU DHABI / WAM The UAE, represented by the Ministry of Finance (MoF), will participate in the Joint Annual Meeting of the Arab Financial Institutions, which will be held in Bahrain on 5-6 April, 2016. Obaid Humaid Al Tayer, Minister of State for Financial Affairs, will head the UAE delegation, which includes Mubarak Rashid Khamis Al Mansouri, UAE Central Bank ...

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• 3 April

  Workshop on real estate law

  ABU DHABI / WAM The Abu Dhabi City Municipality recently held an induction workshop about the implementation of the new Real Estate Law No 3 of 2015 regulating the real estate sector, and providing a clear ground and flexible processes aimed at securing the public interest, and safeguarding the rights of real estate customers. The event targeted a number of ...

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• 3 April

  ADIB releases outlook on regional and global investment climate

  

  Abu Dhabi / WAM Abu Dhabi Islamic Bank (ADIB) presented its outlook on the regional and global investment climate to its top private banking clients at a number of events in Abu Dhabi, Dubai and Al Ain. Senior ADIB executives from ADIB’s Private Banking arm explained to clients how to manage wealth effectively in times of economic and political volatility. ...

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• 3 April

  UAE, New Zealand discuss regional, international issues

  

  Abu Dhabi / WAM Dr. Anwar bin Mohammed Gargash, Minister of State for Foreign Affairs, received here on Sunday Minister of Foreign Affairs of New Zealand, Murray McCully. The meeting discussed bilateral relations and ways to enhance them, the outcome of the recent visit of H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation to ...

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• 3 April

  Zakat Fund provides over AED44mn medical aid

  Abu Dhabi / WAM The Zakat Fund announced that it has spent AED 44.46 million in medical assistance under its ‘‘Reward and Recovery Initiative.’’ Abdullah bin Aqueeda Al Muhairi, Secretary-General of the Fund, said the health aid was given through the Zakat channel distribution category meant for the poor and the needy. “The Fund is ready to support poor patients ...

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• 3 April

  Dubai Int’l Arbitration Centre promotes its services in China

  

  Dubai / WAM As part of their efforts to promote commercial arbitration in settling trade disputes, and to exchange experiences and knowledge in the area of alternative dispute resolution, the Dubai International Arbitration Centre (DIAC), an initiative of Dubai Chamber of Commerce and Industry, in cooperation with the UAE Consulate in Shanghai, organised an introductory session to highlight the benefits ...

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• 3 April

  DAFZA explores halal investment in Malaysia

  

  Dubai / Emirates Business Dr. Mohammed Al Zarooni, Director General of Dubai Airport Freezone (DAFZA), met Dato’ Sri Mustapa Mohamed, Malaysia’s Minister of Trade and Industry at the Ministry’s headquarters to discuss ways to develop and strengthen economic and trade ties between Malaysia and the Freezone. They also talked about DAFZA’s exceptional investment advantages for foreign companies, including Malaysian entrepreneurs ...

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• 3 April

  UAE, Russia to launch devp projects in free, economic zones

  

  ABU DHABI / WAM The current slump in the world oil prices poses a real challenge to oil exporting countries but did not have any impact on the UAE’s economy, thanks to the economic diversification policy adopted by the country, Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy, affirmed on Sunday. “Low oil prices should create investment opportunities ...

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