March, 2019

• 26 March

  Emirates NBD joins forces with DIFC to launch API Sandbox Programme

  

  Abu Dhabi / WAM Emirates NBD, together with FinTech Hive announced a new programme where they are certifying FinTechs that collaborate, co-create and innovate using Emirates NBD’s API (Application Programming Interface) Sandbox. API Sandbox is an important milestone in the bank’s AED1 billion digital transformation programme. The platform, which has been opened up to developers and FinTech firms, consists of ...

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• 26 March

  ‘WAM Majlis’ highlights UAE’s future vision

  Abu Dhabi / WAM The Emirates News Agency (WAM), on Tuesday launched a forum titled, ‘WAM Majlis’, which will engage with UAE officials on national developments. The ‘WAM Majlis’ will take place on a monthly basis, hosting ministers and senior officials to share updates on key projects and agendas that their institutions are undertaking, while highlighting progress made towards attaining the ...

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• 26 March

  UAE citizens exempted from pre-entry visas to Uzbekistan

  

  Abu Dhabi / WAM Uzbekistan has exempted UAE citizens who hold diplomatic and ordinary passports from obtaining pre-entry visas. The decision by Uzbekistan’s government came into force on March 20, enabling UAE citizens to visit Uzbekistan for 30 days without a pre-entry visa. Badr Al Awadhi, Director of the Consular Services Administration at the Ministry of Foreign Affairs and International ...

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• 26 March

  VP, Uzbek president discuss ties

  

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, met President Shavkat Mirziyoyev of Uzbekistan on Tuesday. During the meeting, the two sides reviewed bilateral ties between the two countries, particularly in the tourism, energy, and investment sectors. HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, ...

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• 26 March

  Khalifa Fund, Adnoc sign deal to enhance entrepreneurship

  

  ABU DHABI / WAM The Khalifa Fund for Enterprise Development (KFED), signed a Memorandum of Understanding with the Abu Dhabi National Oil Company (Adnoc), where Khalifa Fund will provide a range of training programmes and entrepreneurship workshops for Adnoc’s employees and retirees who are looking to enhance their skills and knowledge in the SME sector. The signing of agreement was held ...

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• 26 March

  DP World report finds 90% of firms in UAE align with UNSDGs

  

  DUBAI / WAM The first ever global report on employee volunteering projects has found that there is substantial potential amongst private companies in the UAE for participation in employee voluntary projects that could contribute significantly to the achievement of United Nations Sustainable Development Goals (UNSDGs). “Investing for the Future: The Practice and Potential of Employee Volunteering in the UAE”, was ...

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• 26 March

  FANR board reviews progress at Barakah

  

  Abu Dhabi / WAM The Federal Authority for Nuclear Regulation (FANR), management board reviewed the 2020 Operational Plan blueprint that details key activities supporting the Authority’s mission to regulate the nuclear industry in the UAE. The Board learned about latest updates of the FANR ongoing review of the Operating License Application for Units 1 and 2 at the Barakah Nuclear ...

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• 26 March

  SoftBank to invest in robot startup

  

  Bloomberg SoftBank Vision Fund is joining a $300 million investment in Cloudminds, helping the Chinese robotics and artificial intelligence startup ramp up production capacity with the goal of tripling its revenue this year. Cloudminds, which last raised money in 2017 at a $440 million valuation, aims to sell half a million of its robots this year to Chinese customers from ...

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• 26 March

  Alibaba Group seeking cheapest ever dollar loan

  Bloomberg Alibaba Group Holding Ltd may get its cheapest dollar-denominated syndicated loan ever as it negotiates with banks to amend terms of its existing $4 billion borrowing. The Chinese Internet giant wants to cut the interest margin of the facility that it signed in May 2016 by 25 basis points to 85 basis points over Libor, said people familiar with ...

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• 26 March

  China ex-internet regulator jailed

  

  Bloomberg China’s former top internet regulator was sentenced to 14 years in prison for corruption, completing the downfall of a once-high-flying official who mingled with executives from Apple Inc and Facebook Inc. Lu Wei was found guilty of taking bribes on Tuesday by the Ningbo People’s Intermediate Court in the eastern province of Zhejiang, according to the official Xinhua News ...

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