May, 2019

• 25 May

  Dewa CEO reviews progress on Innovation Centre project

  

  DUBAI / WAM Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority (Dewa), visited the Innovation Centre project, part of the Mohammed bin Rashid Al Maktoum Solar Park, to review the progress of Dewa’s strategic projects. The solar park is the largest single-site solar park in the world based on the Independent Power Producer (IPP), ...

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• 25 May

  Jafza, Dubai Chamber team up to enhance business

  

  Dubai / Emirates Business Jebel Ali Free Zone (Jafza), the Middle East’s leading economic zone, and Dubai Chamber of Commerce and Industry have taken a major step forward in promoting ease of doing business in Dubai by introducing a new system that allows Jafza customers to obtain a Dubai Chamber Membership Certificate through its Dubai Trade portal. The integration of ...

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• 25 May

  FAB launches ‘world’ series debit card for SMEs in UAE

  

  Abu Dhabi / Emirates Business First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, has partnered with Mastercard to launch its ‘World’ series debit card aimed exclusively at Small and Medium Enterprises (SMEs). FAB’s World Business Debit Card is designed to provide a competitive edge to SMEs, who can save ...

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• 25 May

  Abdullah praises charitable, humanitarian bodies in UAE

  

  Abu Dhabi / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, attended a celebration held at the Sheikh Zayed Grand Mosque to mark Zayed Humanitarian Work Day, which falls on 19th of Ramadan every year. The event was sponsored by the Ministry of Presidential Affairs and organised by the General Authority for ...

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• 25 May

  Scientists of today are the makers of tomorrow: VP

  

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, emphasised that the UAE aspires to become the top destination for scientists, researchers and makers of tomorrow to strengthen the UAE’s march towards achieving sustainable economic development. “The UAE is renowned for being an incubator for creative ...

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• 25 May

  UAE raised $9mn on first day of campaign to help Rohingyas

  

  Abu Dhabi / WAM The total contributions to the ‘UAE for Rohingya Women and Children’ campaign reached AED 33 million ($8.98 million) in the first day of the campaign. The campaign, launched on Friday across the UAE, comes in line with the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, His Highness Sheikh Mohammed bin Rashid Al ...

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• 25 May

  UAE central bank holds fourth board of directors meet

  

  ABU DHABI / WAM The Board of Directors of the Central Bank of the UAE (CBUAE), held their fourth meeting for 2019. The meeting hosted at CBUAE Head Office, took place under the chairmanship of Hareb Masood Al Darmaki, the Chairman of the Board, and attended by Abdulrahman Saleh Al Saleh, Deputy Chairman of the Board, Mubarak Rashed Al Mansoori, ...

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• 25 May

  Trump linking Huawei with trade defies security claims

  

  Bloomberg President Donald Trump says he may resolve a dispute over Huawei Technologies Co as part of a trade agreement with China, yet doing so would undercut US assertions the company poses a national security threat. Days after trade talks with Beijing hit an impasse, the US put the Shenzhen-based maker of telecommunications gear on a blacklist over concerns it ...

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• 25 May

  Renault’s Senard says ‘serenity’ needed in Nissan alliance talks

  

  Bloomberg Renault, Nissan Motor and Mitsubishi Motors should take time and discuss the future of their alliance with “serenity,” said Jean-Dominique Senard, chairman of the French car company in the three-way tie-up. “Every company in the world must reflect on its future and the best way to strengthen itself, and in the case of an alliance, how to optimise it,” ...

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• 25 May

  Trade curbs on China are changing commodity flows

  Bloomberg China’s latest trade figures provide a fresh look at how commodity flows to the world’s largest importer are changing amid restrictions affecting farm to energy products. While the April data, released on Saturday, preceded the recent escalation of the US-China trade war, shifts in shipment trends were already underway, given the rising tensions between the Asian nation and some ...

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