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ABU DHABI / WAM Abu Dhabi Exports Office (Adex), the export-financing arm of Abu Dhabi Fund for Development (ADFD), signed a $30 million (AED110.19 million) line-of-credit agreement with the Eastern and Southern African Trade and Development Bank (TDB) to bolster trade between the UAE and the Bank’s Member States. The first of its kind to be signed by Adex with ...

Bloomberg Chile’s right-wing government coalition likely secured fewer than a third of the seats on the Constitutional Assembly in this weekend’s historic elections, making it more difficult to block major changes and leaving independent and the opposition left-wing parties with more sway to rewrite the new charter. Contenders from the government coalition’s main list obtained 21% of votes with more ...

Abu Dhabi / WAM Etihad Airways has announced it will give away 10,000 prizes this week during Arabian Travel Market (ATM) taking place live in the UAE. The prizes form part of the airline’s commitment to giving away 50,000 prizes throughout the year in celebration of the UAE’s 50th Anniversary. Everyone signed up to the airline’s UAE 50 campaign will ...

DUBAI / WAM Hessa Bint Essa Buhumaid, Minister of Community Development, revealed that the number of Emirati young would-be spouses benefiting from marriage grants increased by nearly 100 percent from January to the end of April, compared to the same period in 2020. There were 1,080 beneficiaries in the first four months of 2021, compared to 526 during the same ...

SHARJAH / WAM The 31st Sharjah Ramadan Festival, organised by the Sharjah Chamber of Commerce and Industry (SCCI), came to an end after reaching more than AED 700 million in sales. The final raffle draw was held on Saturday evening at City Centre Al Zahia. Expressing his pleasure with the success of the 31st edition of the festival in achieving ...

DUBAI / WAM The EV Green Charger initiative, launched by Dubai Electricity and Water Authority (Dewa), provides a network of electric vehicle chargers across Dubai. This initiative supports Dubai’s efforts to provide innovative and sustainable transport solutions as part of the Dubai Green Mobility Strategy 2030, thus contributing towards carbon emission reduction in the transportation sector, said a Dewa press ...

Bloomberg Brussels should stop “point-scoring” and work with the UK to implement the Brexit trade deal, according to David Frost, the British minister in charge of relations with the European Union. Writing in the Mail on Sunday newspaper, he called on EU officials to cooperate over problems arising from the so-called Northern Irish protocol, which draws a trade border in ...

ABU DHABI / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has expressed the UAE’s grave concern over the escalating spiral of violence in Israel and Palestine and offered condolences to all victims of the recent fighting In a statement, HH Sheikh Abdullah bin Zayed said, “The UAE is alarmed by the escalating ...

Abu Dhabi / WAM The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) will participate at this year’s edition of the Arabian Travel Market (ATM), the largest in-person travel and tourism event to physically take place in over a year. Now in its 28th year, ATM 2021 will be delivered in a hybrid format, with an on-ground ...

Dubai / WAM HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Supreme Council of Energy (DSCE), has issued Directive No. 3 of 2021 on the regulation of Liquefied Petroleum Gas (LPG) trading, in order to protect the environment and society, by implementing the highest standards of safety and security. This includes the transportation, storage, and distribution of LPG, ...