MoF to help Arab nations

Abu Dhabi / WAM The UAE, represented by the Ministry of Finance (MoF), presented a new initiative for developing innovative programmes that support Arab countries with the current economic and financial challenges, and contribute to the overall economic development. This initiative falls in line with the support provided by Arab financial institutions to Arab countries in transition, to help them ...

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‘Renewable energy trend to spur growth across MENA’

New York / WAM “Despite low oil prices, the trend toward lower-cost renewable energy will continue in the Middle East and North Africa (MENA) region as business confidence grows in the sector’s potential and countries adopt increasingly favourable regulations,” said Bader Al Lamki, Executive Director of Masdar Clean Energy. Al Lamki comments came during Masdar’s participation in the Bloomberg New ...

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MoF’s initiative to support Arab countries

Abu Dhabi / WAM The UAE, represented by the Ministry of Finance (MoF), presented a new initiative for developing innovative programmes that support Arab countries with the current economic and financial challenges, and contribute to the overall economic development. This initiative falls in line with the support provided by Arab financial institutions to Arab countries in transition, to help them ...

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Etisalat takes orphans to enjoy ‘Disney Festival’

Abu Dhabi / Emirates Business Etisalat invited 150 orphans from charitable foundations across the country to attend the preview of the ‘Disney Live Mickey Music Festival’ at Dubai World Trade Centre. The interactive show saw 25 well-known characters performing songs from some of the best-known Disney blockbusters from ‘Aladdin’ to ‘The Little Mermaid’ and ‘Toy Story’. The musical featured the ...

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Jewellery show’s growth wows foreign partners

Sharjah / Emirates Business Key partners of Expo Centre Sharjah are in awe of the growth achieved by the MidEast Watch & Jewellery Show and are planning to scale up their participation in the future. The MidEast Watch & Jewellery Show, which is under way at Expo Centre until April 9, is celebrating its landmark 40th edition and has become ...

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Masdar Free Zone drives diversification

New office real estate in the pipeline will address the market demand for space. Offering 16,634 square metres of Gross Floor Area (GFA), a six-floor multi-tenant office block will be delivered by the end of next year within the existing first phase of the development by UAE-based Tristar Real Estate. The Accelerator 1 building, being built by Masdar as part ...

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First Gulf Properties’ marks World Health Day 2016

Abu Dhabi / Emirates Business Tenants encouraged their children to join them in several health activities on a mission to promote public health safety. The activities were part of First Gulf Properties’ (FGP) World Health Day Celebration. The event, which took place at the Al Yassat Compound Health Club helped to raise awareness about the importance of leading a healthy ...

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Probe over Malaysian fund finds billions in murky payments

Malaysia / AFP A Malaysian parliamentary report released on Thursday said a state-owned fund linked to Prime Minister NajibRazak made more than $3 billion in unexplained overseas payments and called for the fund’s former CEO to be investigated. The report presented to parliament by its Public Accounts Committee (PAC), which has examined the affair, marked the first time an official ...

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Zuma’s ex-wife touted as possible S African president

Johannesburg / Bloomberg With South African President Jacob Zuma facing growing calls to resign over a series of corruption scandals, attention is turning to one potential contender to succeed him—his former wife. NkosazanaDlamini-Zuma, 67, is a long-standing heavyweight in the ruling African National Congress (ANC) party, holding several ministerial positions since the end of white-minority rule in 1994. Confirmation last ...

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Turkey won’t implement deal if EU falls short: Erdogan

Ankara / AFP Turkish President RecepTayyipErdogan on Thursday warned the European Union that Ankara would not implement a key deal on reducing the flow of migrants if Brussels failed to fulfil its side of the bargain. “There are precise conditions. If the European Union does not take the necessary steps, then Turkey will not implement the agreement,” Erdogan said in ...

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