April, 2018

• 9 April

  UAE ranked world’s largest aid donor for fifth straight year

  ABU DHABI / WAM The UAE has been named the world’s largest donor of development assistance in proportion to its gross national income for the fifth year running, according to the Development Assistance Committee of the Organisation of Economic Cooperation and Development. The UAE exceeded the United Nations’ target of 0.7 percent official development assistance in proportion to its GNI ...

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• 9 April

  Mubadala Petroleum inks gas contracts with Indonesia

  ABU DHABI / WAM Mubadala Petroleum on Monday announced that it has signed the Production Sharing Contract (PSC) for Andaman I, as awarded by the Government of Indonesia in the 2017 Indonesian Licence Round. Mubadala Petroleum is the operator of the Andaman I PSC and a partner in the Andaman II PSC, operated by Premier Oil, which was also signed ...

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• 9 April

  UAE labour market adds 5mn jobs

  CAIRO / WAM The UAE labour market is one of the most flexible markets at the regional and global scale, securing jobs to more than five million people from different nationalities in 2017 and receiving 1.35 million highly skilled workers for the private sector, stated Nasser bin Thani Al Hamli, UAE Minister of Human Resources and Emiratisation. According to the ...

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• 9 April

  Badea aid to Africa reaches $5.9bn

  KHARTOUM / WAM Since it began operations in March 1975, the Arab Bank for Economic Development of Africa (Badea) provided over $5.8 billion in development finance for sub-Saharan African countries, according to a statement on its website. At the end of March, after just over 13 years of operations, BADEA had made commitments of $5,824.77 million, covering finance for 653 ...

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• 9 April

  Avail exclusive deals at Mideast’s biggest property sales platform

  

  Dubai / Emirates Business The highly-anticipated 14th edition of the International Property Show (IPS), the Middle East’s biggest property sales platform for local, regional and international real estate markets, kicked off on Monday and will run until April 11 at the Dubai International Convention and Exhibition Centre (DICEC). The improved IPS 2018 programme was developed in partnership with Dubai Land ...

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• 9 April

  Zayed Giving: Largest series of mobile clinics launched

  ABU DHABI / WAM The Zayed Giving Initiative has launched the largest series of mobile clinics and field hospitals in the world, which comprise 20 advanced medical units, with the aim of providing free diagnostic, treatment and prevention services for underprivileged people. The campaign, which is being supervised by senior volunteer doctors, is a strategic partnership with the Dar Al ...

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• 9 April

  UAE, Bahrain discuss telecom cooperation

  DUBAI / WAM The General Authority for Regulating the Telecommunications Sector (TRA), received a delegation from the Telecommunications Regulatory Authority in Bahrain, headed by Sheikh Mohammed bin Salman Al Khalifa, Director of Finance, Information Technology and Human Resources, to discuss cooperation. The visit is aimed at reviewing the most prominent practices and strategies related to the management of regulatory and ...

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• 9 April

  RTA launches Naqel service

  

  DUBAI / WAM The Roads and Transport Authority (RTA), in Dubai launched Naqel Service allowing buses owned by authorised passenger transport companies in the UAE to re-take Dubai passengers back to their emirates. The step is part of RTA’s endeavours to realise its third strategic goal ‘People Happiness’, curb traffic congestion, and avoid returning buses without riders or obliging companies ...

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• 9 April

  Dubai SME expands partnership agreement with Beehive

  

  DUBAI / WAM The Mohammed bin Rashid Fund (MBRF) for SME – the financial arm of Dubai SME, has expanded the partnership agreement with Beehive, the MENA region’s first regulated peer-to-peer lending platform, which will cross the $50 million mark of total funding for SMEs across the platform this month. Following a successful initial launch, MBRF and Beehive have broadened ...

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• 9 April

  VP lauds government departments for efficient customer transactions

  

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, accompanied by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council, on Monday visited the Dubai International Government Achievements Exhibition (DIGAE). The exhibition is organised by ...

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