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Mariam Al Suwaidi accredited as FATF assessor expert

Abu Dhabi / WAM Financial Action Task Force (FATF) accredited Dr Mariam Butti Al Suwaidi, Deputy CEO of Securities and Commodities Authority, as the first UAE woman to be chosen as an accredited assessor expert in evaluating the systems of combating money laundering and terrorism financing and the effectiveness of these systems using the evaluation methodology issued in 2013 by ...

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Majid Al Futtaim to hire 3,000 Emiratis in response to ‘Nafis’

ABU DHABI / WAM Majid Al Futtaim the leading shopping malls, communities, retail and leisure pioneer across the Middle East, Africa and Asia has announced the expansion of its people development programme that is set to create thousands of career opportunities for Emirati talent across multiple industries in the UAE and beyond in response the UAE government’s federal Nafis programme. ...

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Biden upsets allies like Trump as France recalls ambassadors

Bloomberg President Joe Biden came to office promising to restore competency to US foreign policy after four years of Donald Trump’s diplomatic bomb-throwing. But eight months later, a series of missteps have angered allies, drawn criticism even from supporters and raised concern that Biden isn’t as sure-footed in international affairs as advertised. France even recalled its ambassador, a dramatic escalation ...

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Sheikh Mohamed, Macron discuss bilateral relations

Paris / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, discussed, with Emmanuel Macron, President of France, the friendship and strategic partnership between the UAE and France, as well as promising opportunities for developing them, in addition to several issues of mutual concern. The discussion ...

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ADFD to finance $6.5m upgrade of local Mauritania fishing port

Abu Dhabi / WAM Abu Dhabi Fund for Development (ADFD) has signed a Memorandum of Understanding with the Government of Mauritania to finance a major refurbishment and modernisation project valued at around AED24 million ($6.5 million) for the Tanit Fishing Port. This is an artisanal fishing port that through this renovation and development of an ice factory will better enable ...

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Expo 2020 Dubai: Dewa completes its pavilion in Sustainability District

Dubai / WAM Dubai Electricity and Water Authority (Dewa) has completed the construction of its pavilion in the Sustainability District of Expo 2020 Dubai, which aligns with development and innovation, as reflected in the exterior of its design, and features decorative ribbed façade that mimic onward moving portals consistent with the company’s progressive initiatives. Saeed Mohammed Al Tayer, MD & ...

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Dubai to host World Chambers Competition in November

Dubai / WAM Dubai is attracting innovative and pioneering initiatives from chambers of commerce from around the world as it prepares to host the World Chambers Competition 2021, taking place during the 12th World Chambers Congress (12WCC) on November 23-25. The competition recognises and celebrates the achievements of these chambers, while bringing their stories to a wider audience. ICC and ...

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Biden denies Xi turned down meeting offer

Bloomberg US President Joe Biden suggested the possibility of an in-person meeting with Xi Jinping during a phone call last week, but the Chinese president declined to commit to one as he continues to avoid leaving his country even for major gatherings amid the Covid-19 pandemic. Biden suggested the two leaders meet at some point in the next few months, ...

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Mashreq, Dafza join forces to enhance growth of SMEs

Dubai / WAM Mashreq Bank has signed a Memorandum of Understanding (MoU) with Dubai Airport Freezone Authority (Dafza) to support and grow the ecosystem of services available to small and mid-size enterprises (SMEs) setting up in the zone. The MoU will ensure Dafza businesses have access to a wide variety of initiatives including API integration, as well as banking services ...

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‘100 Million Meals’ drive: UAE distributes 4.5m meals in Mauritania

Dubai / WAM Around 92,000 underprivileged families and individuals in Mauritania received 4.5 million meals as part of the ongoing ‘100 Million Meals’ food distribution campaign, the largest food distribution drive in the region, aims to provide food support across 30 countries in Africa, Asia, Europe, and South America. Beneficiaries, identified by database of local authorities, received parcels of easy-to-store ...

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