February, 2020

• 11 February

  FTA bans waterpipes, e-cig without digital tax stamp

  

  ABU DHABI / WAM Importing any type of waterpipe tobacco or electrically heated cigarette plugs that are not marked with ‘Digital Tax Stamps’ will be prohibited across UAE as of March 1, asserted Federal Tax Authority (FTA). The ban is in keeping with the timeline set for launching phase two of ‘Marking Tobacco and Tobacco Products Scheme’, the FTA explained, ...

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• 11 February

  Adnic’s net profit increases 20.7% to AED284.3m in 2019

  

  ABU DHABi / WAM The Abu Dhabi National Insurance Company (Adnic) on Tuesday reported its full year financial results for the year ended December 31, 2019, announcing a net profit up 20.7 percent year-on-year to AED284.3 million. According to Adnic’s press release, gross written premium increased by 29 percent year-on-year to AED3.76 billion and net technical profit increased by 1.6 ...

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• 11 February

  UAE ministry offers family consultation via Instagram

  

  DUBAI / WAM The Ministry of Community Development launched the “Taaluf Live” service during the UAE Innovation Month of February 2020, a social sustainable development channel that provides family consultations for the first time through the ministry’s Instagram account (mocduae), including regular weekly episodes aimed at promoting communication and direct interaction with the members of the community. The service is ...

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• 11 February

  Fujairah unveils AED1.9b Mohamed bin Zayed City

  

  ABU DHABI / WAM The Follow-Up Committee of the Initiatives of the UAE President has completed the construction of the AED1.9 billion Mohamed bin Zayed City housing project in Fujairah. The city has been set up in line with the vision of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, under the directives of His Highness Sheikh Mohamed bin ...

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• 11 February

  Al Jalila Hospital launches ‘patients rating system’

  DUBAI / WAM Al Jalila Children’s Speciality Hospital, the first and only children’s hospital in the UAE, announced the launch of a new innovative and transparent rating system for all its working outpatient clinics, to allow its customers and patients to give their honest opinion about its services through a questionnaire, whilst publishing the ratings on its website. The hospital ...

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• 11 February

  FTA bans e-cigs without digital tax stamp

  ABU DHABI / WAM Importing any type of waterpipe tobacco (known in Arabic as ‘Mu’assel’) or electrically heated cigarette plugs that are not marked with ‘Digital Tax Stamps’ will be prohibited across the UAE as of 1st March 2020, asserted the Federal Tax Authority (FTA). The ban is in keeping with the timeline set for launching phase two of the ...

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• 11 February

  Abu Dhabi inks Cities4All compact to make cities more inclusive

  

  ABU DHABI / WAM The Department of Community Development – Abu Dhabi (DCD) signed the Global Compact on Inclusive & Accessible Cities “Cities4All (C4All)” during the World Urban Forum Stakeholders Roundtable on Persons with Disabilities. DCD signed the compact with the Mayor’s offices of Barcelona and Helsinki, the International Union of Architects, Special Olympics Saudi Arabia, along with local civil ...

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• 11 February

  Dubai, Sao Paulo reaffirm commitment to boost trade ties

  

  DUBAI / WAM Businesses in Dubai and Sao Paulo explored the untapped trade and investment potential in key sectors and areas of mutual interest including agri-business, technology, innovation, transport and logistics, according to officials speaking earlier on Tuesday at the Dubai-Sao Paulo Business Forum. The forum, held at the Dubai Chamber of Commerce and Industry’s premises, was attended by a ...

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• 11 February

  DWC passenger numbers rise 81.5% in 2019

  

  DUBAI / WAM Dubai World Central (DWC), registered a surge of 81.5 percent in customer numbers in 2019 with annual traffic exceeding 1.6 million. According to a DWC press statement, the sharp increase in customer numbers was attributed to the relocation of operations by various international carriers during the 45-day closure of Dubai International’s (DXB), southern runway during April and ...

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• 11 February

  ADFD, US agency ink deal on private sector investments

  

  ABU DHABI / WAM The Abu Dhabi Fund for Development (ADFD), on Tuesday signed a Memorandum of Understanding with the United States International Development Finance Corporation (DFC), an independent agency of the US Government. The areas of collaboration outlined by the MoU include the exchange of knowledge and expertise between the two parties especially in the field of financing private ...

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