March, 2021

• 30 March

  UAE leaders condole Kuwaiti Emir on death of his sister

  Abu Dhabi / WAM President HH Sheikh Khalifa bin Zayed Al Nahyan sent a message of condolences to Emir Nawaf Al Ahmad Al Jaber Al Sabah of Kuwait, on the death of his sister Sheikha Nouria Ahmad Al Jaber Al Mubarak Al Sabah. HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of ...

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• 30 March

  Adnoc’s Murban crude futures start trading

  

  ABU DHABi / WAM The Abu Dhabi National Oil Company (Adnoc) and Intercontinental Exchange (ICE) on Monday, officially celebrated the start of trading of the United Arab Emirate (UAE) flagship crude oil, Murban, as a Futures contract on the new ICE Futures Abu Dhabi (IFAD) commodities exchange. During a high-profile launch event at Abu Dhabi Global Market (ADGM), attended by ...

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• 30 March

  53% of free zones across world operate normally amid pandemic

  

  Dubai / WAM Free zones across the world are optimistic about their growth performance in coming months as they prepare to become “future ready” in a post-pandemic world, according to latest indicators revealed by the Free Zones World Economic Barometer. About 40 percent of free zone organisations expressed a positive outlook on their performance during the fourth quarter of 2020 ...

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• 30 March

  Dubai, Monaco discuss investment opportunities

  

  DUBAI / WAM Dubai Chamber of Commerce discussed on Monday at its headquarters the bilateral economic ties and investment opportunities with Pierre Dartout, Minister of State in the Principality of Monaco. The dignitary was head of a delegation from the European principality that arrived in Dubai to explore opportunities of mutual benefit and to enhance bilateral relations as the city ...

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• 30 March

  Aldar unveils AED500m plan for Yas Mall

  Abu Dhabi / WAM Aldar Investment on Monday announced an AED 500 million redevelopment plan for Yas Mall to reinforce the asset’s position as the centrepiece of Yas Island, Abu Dhabi’s fast-growing residential and leisure destination. The substantial investment will enhance the customer journey by reimagining the mall’s spaces and introducing new innovative retail concepts. The redevelopment will further enable ...

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• 30 March

  DFSA starts consultation on security tokens regulations

  

  Dubai / WAM The Dubai Financial Services Authority (DFSA) on Monday published its “Framework for Regulating Security Tokens” for public consultation for a period of 30 days. The DFSA is proposing a comprehensive and innovative regulatory framework for regulating Security Tokens, a new and growing area of interest for many industry participants. DFSA is actively engaged with key stakeholders in ...

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• 30 March

  Emirates NBD reports steep rise in contactless payments

  

  Dubai / WAM Emirates NBD has reported that contactless payments now make up 84 percent of all face-to-face card payment transactions, as consumers and merchants have increasingly preferred to use touch-free technologies to stay safe. The bank, a front-runner in digital banking, saw contactless payment transactions which include contactless card and mobile wallet-based payments rise by 59 percent year-on-year in ...

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• 30 March

  Sharjah Heritage Days sees huge turnout on second day

  

  SHARJAH / WAM The 18th edition of the Sharjah Heritage Days (SHD) continues in the city of Khor Fakkan “Heritage Area”, as it witnessed a remarkable turnout of attendees on its second day. In a joyful heritage atmosphere that brought together citizens, residents and heritage lovers in the area of Khor Fakkan, the second day of the 18th edition of ...

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• 30 March

  Zayed University Council discusses new policy on e-learning

  

  ABU DHABI / WAM Led by Noura bint Mohammed Al Kaabi, Minister of Culture and Youth, and President of Zayed University (ZU), members of the Zayed University Council held their second meeting of 2021 to review several topics on the Council’s agenda. Initiating the meeting, Noura Al Kaabi greeted and praised all Council members for their sincere engagement towards enhancing ...

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• 30 March

  AGL starts technology JV with UK energy supplier

  

  Bloomberg AGL Energy Ltd, Australia’s largest electricity retailer, will launch a joint venture with Ovo Energy Ltd. to use the UK utility’s technology platform Kaluza. As part of the agreement, AGL will invest in Ovo Energy Australia to adapt the Kaluza platform for its domestic market. The aim is to digitalize AGL’s services and offer customers smart products as households ...

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