Abu Dhabi / WAM The UAE and Estonia can work together to help other countries in entering the digital revolution, Estonian President Kersti Kaljulaid told Emirates News Agency (WAM), in an exclusive interview. President Kaljulaid is currently visiting the UAE along with a business delegation taking part in the 24th World Energy Congress in Abu Dhabi. “Between governments, we can work ...
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September, 2019
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10 September
ADCB agrees to exit operations in India
ABU DHABI / WAM Abu Dhabi Commercial Bank (ADCB), agreed to sell the majority of its India banking portfolio to DCB Bank and will exit its operations in India subsequent to the transaction, subject to regulatory approvals. In a statement posted on the Abu Dhabi Securities Exchange website, the bank said that this decision will have no impact on the ...
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10 September
Region’s first-ever Body Worlds exhibition opens at Khalifa varsity
Abu Dhabi / WAM The region’s first-ever Body Worlds Exhibition — a traveling exposition of dissected and ‘plastinated’ human bodies — on Tuesday opened at the main campus of Khalifa University. His Highness Sheikh Hamed bin Zayed Al Nahyan, Chief of the Abu Dhabi Crown Prince’s Court and Chairman of the Board of Trustees of Khalifa University, attended the museum’s ...
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10 September
UAE, Mauritania review defence cooperation
Abu Dhabi / WAM Matar Salim Ali Al Dhaheri, Under-Secretary of the Ministry of Defence, received at his office on Tuesday Lieutenant-General Mohamed Cheikh Ould Mohamed Lemine, Mauritanian Army Chief-of-Staff, and his accompanying delegation, where they discussed ways to enhance cooperation in the defence field. The two sides also discussed bilateral relations and ways of strengthening them, exchanged views on ...
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10 September
Musanada begins work on AED1bn school projects
Abu Dhabi / WAM The Abu Dhabi General Services Company (Musanada), revealed that it has, in collaboration with the Department of Education and Knowledge (Adek), begun the construction of six schools through projects across Bani Yas, Al Rahba, Al Riyadh, Al Dhaher, Al Bahia and Shiab Al Ashkhar at the total cost of more than AED1 billion. The execution of ...
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10 September
Process VAT claims only via FTA’s website
Abu Dhabi / WAM In response to reports that some bank customers have been receiving emails from unidentified sources impersonating banks and financial institutions requesting personal data in the promise of helping them claim their Value Added Tax’s, the Federal Tax Authority (FTA) reaffirmed that tax refunds are processed only through the Authority’s official website. In a press statement is, ued ...
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10 September
Poland wins bid to restrict Russian access to gas link
Bloomberg Poland won a European Union court ruling that limits Russia’s control of a key natural gas link. The eastern European nation successfully challenged a European Commission decision from 2016 that allowed Gazprom PJSC to use most of the capacity on the Opal pipeline in Germany. That link in turn carries fuel from the Baltic Sea Nord Stream pipeline, a ...
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10 September
Uganda needs $3.5bn to expand electric network
Bloomberg Uganda is seeking $3.5 billion in private investment to expand its power-transmission network in attempt to curb spending without slowing its economic growth. Liberalising transmission will provide additional resources needed to transmit power from new generation projects including the 600-megawatt Karuma hydropower plant scheduled to start output in December, according to the electricity regulator. The capital injection, above the ...
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10 September
Mercedes unveils electric sibling for flagship S-Class
Bloomberg Mercedes-Benz gave car buyers a glimpse of the top-end of its electric model plans, showing off a sleek silver battery-powered concept version to complement the flagship S-Class sedan. So far luxury cruisers have remained a mainstay for traditional combustion-era heroes, with only plug-in hybrids available for the likes of BMW 7-Series or the recently revamped Audi A8. Mercedes-maker Daimler ...
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10 September
Huawei, Samsung’s new 5G chips a threat to Qualcomm
Bloomberg Samsung Electronics Co and Huawei Technologies Co took turns announcing new mobile processors at the IFA technology show in Berlin, and the big thing the new chips have in common is an integrated 5G modem. In a market dominated by US rival Qualcomm Inc, the world’s two biggest smartphone manufacturers asserted a lead in delivering one of the keys ...
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