March, 2018

• 25 March

  Dubai, South Korea trade surges 8% to AED27.4bn

  ABU DHABI / WAM Dubai non-oil external trade with South Korea grew eight percent in 2017 to reach AED27.43 billion, of which AED22.1 billion were in imports, AED 4.47 billion in exports and AED866 million in re-exports, compared to 2016. South Korea is Dubai’s eighth biggest trade partner in imports and ninth in exports. Ahmed Abdul Salam Kazim, Director of ...

  Read More »
• 25 March

  Abu Dhabi utility folded into new energy department

  ABU DHABI / reuters Abu Dhabi has folded utility Abu Dhabi Water & Electricity Authority (Adwea) into the emirate’s newly established department of energy as part of a consolidation of state-owned entities, a spokesman for the department said on Sunday. The Regulation & Supervision Bureau (RSB), which oversees water, waste water and electricity in Abu Dhabi, will also become part ...

  Read More »
• 25 March

  Mashreq Bank receives ‘best call centre’ award

  DUBAI / WAM Mashreq Bank received the Service Olympian Award for ‘Best Call Centre 2018’. The award celebrates excellence in customer service delivery. Sumit Bhatia, Head of Direct Business Channel at Mashreq Bank, said, “We are pleased to have been recognised as the Best Call Centre by the Service Olympian Awards. This is a testament to the hard work of ...

  Read More »
• 25 March

  UAE inflation eases in Feb

  

  Abu Dhabi / Reuters Inflation in the United Arab Emirates eased slightly in February after jumping to a multi-year high in January when the government introduced a 5 percent value-added tax, official data showed on Sunday. The annual inflation rate came down to 4.5 percent last month from 4.8 percent in January, which was the highest level since 2015. Month-on-month, ...

  Read More »
• 25 March

  UAE Food Bank’s sponsorship strategy okayed

  DUBAI / WAM The UAE Food Bank’s Board of Trustees recently approved its strategy of sponsorship privileges. The strategy emphasises the need to allow for the participation of all sectors of society in different categories of sponsorship of thefood bank, especially as the UAE is one of the leading countries in the field of charitable work. Khalid Mohammed Sharif Al ...

  Read More »
• 25 March

  Seoul keen to boost its strategic relations with UAE: Moon Jae-in

  

  Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, said that the warm ties between the UAE and the Republic of South Korea were an outstanding example of how two countries could base their relationship on trust, common interests and mutual understanding on ...

  Read More »
• 25 March

  Coalition has brought us hope: Yemeni minister

  Abu Dhabi / WAM Abdulraqeeb Fatah, Yemen’s Minister of Local Administration and Chairman of the Higher Commission for Relief, has described relief efforts for Yemeni citizens, directly supported by the UAE and Saudi Arabia, represent progress and development for the country’s liberated areas. He added that the projects launched by the UAE and Saudi Arabia, through the ERC and the ...

  Read More »
• 25 March

  Danish minister to promote green energy, sustainability

  Abu Dhabi / WAM Denmark’s Environment and Food Minister, Esben Larsen, is due to arrive in the UAE on Monday to start a three-day visit designed to promote collaboration on green energy and sustainability. The northern European country, according to information provided by its embassy, “has a particularly strong profile and a long history of producing green technology and green ...

  Read More »
• 25 March

  UAE, South Korea sign number of trade pacts

  

  Abu Dhabi / WAM The UAE and South Korea signed a number of Memoranda of Understanding (MoUs), to enhance partnerships and cooperation between the two countries. His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and South Korean President Moon Jae-in, attended the signing ceremony at the ...

  Read More »
• 25 March

  EGA launches first electric car charging station in Jebel Ali

  

  Dubai / WAM Emirates Global Aluminium (EGA), has opened its first electric car charging station at its site in Jebel Ali, in support of the Dubai Green Mobility Initiative. The opening was attended by EGA executives, as well as representatives from the Dubai Electricity and Water Authority. Four EGA employees, who already own Tesla vehicles, also attended and will be ...

  Read More »