ABU DHABI / WAM The UAE, represented by the Ministry of Finance (MoF), will participate in the Joint Annual Meeting of the Arab Financial Institutions, which will be held in Bahrain on April 5-6. Obaid Humaid Al Tayer, Minister of State for Financial Affairs, will head the UAE delegation, which includes Mubarak Rashid Khamis Al Mansouri, UAE Central Bank Governor, ...
Read More »ADM’s new law to regulate real estate
Abu Dhabi / Emirates Business The Abu Dhabi City Municipality (ADM) recently held an induction workshop about the implementation of the new Real Estate Law No. 3 of 2015 regulating the real estate sector, and providing a clear ground and flexible processes aimed at securing the public interest, and safeguarding the rights of real estate customers. The event targeted a ...
Read More »Etisalat introduces new business ultimate plan
ABU DHABI / WAM Etisalat announced the launch of its New Business Ultimate mobile plan, offering small and medium business customers (SMBs) wider data allowances and options to meet their connectivity needs. The new monthly plan also offer the latest smartphones and devices as an add-on at zero upfront charge. Digitisation and digital adoption is on the rise. The usage ...
Read More »Vicenzaoro Dubai to open new chapter in global jewellery industry
DUBAI / Emirates Business Vicenzaoro Dubai (VOD), the definitive global jewellery show, gets under way next month, with a series of new events that are set to see it become the international networking platform for those involved in jewellery, gold, precious stones and diamonds. Now in its second year, the event is designed for the jewellery business community and will ...
Read More »ADFD finances half a billion dirham projects in B’desh
ABU DHABI / WAM Abu Dhabi Fund for Development (ADFD) financed seven development projects in Bangladesh with a total project outlay of nearly half a billion dirhams over the past four decades, with the majority of these projects serving strategically important sectors including industry, energy and infrastructure. Energy and irrigation projects account for about 65% of the total development assistance ...
Read More »MBRSC, AUS join hands to develop space tech sector
DUBAI / emirates business Within the context of strengthening cooperation with educational institutions in the UAE and developing an organizational framework to develop such cooperation, the Mohammed bin Rashid Space Centre (MBRSC) has signed a Memorandum of Understanding (MoU) with American University of Sharjah (AUS) to develop Emirati human resources qualified to work in the fields of space science and ...
Read More »Fighting ID frauds in UAE with hi-tech verification solutions
RITIKA SHARMA / Emirates Business When Karen A (32) got a call from a bank that she had a loan of AED29,000 to repay in next two months, she could not understand what went wrong. After taking a sip of water and talking to her husband she found out she was a victim of ‘identity fraud’. Soon she recalled submitting ...
Read More »Elantra named best in class at MECOTY
ABU DHABI / Emirates Business Hyundai models have gained popularity in all their segments in several Middle East markets. Hyundai Elantra, has been awarded the best Small Sedan at the prestigious Middle East Car of the Year (MECOTY) awards for 2016 awards at the Abu Dhabi National Exhibition Centre (ADNEC). The 3rd edition, the MECOTY is the biggest, most coveted ...
Read More »Brussels Airport reopens with three flights, tighter security
Belgium / AFP Brussels Airport reopened on Sunday with three “symbolic” flights and strict additional checks for passengers, marking a new high-security era for air travel in Belgium after attacks by IS suicide bombers. The key travel hub has been closed since two men blew themselves up in the departure hall on March 22 in coordinated blasts that also struck ...
Read More »6.9 scale earthquake hits off Vanuatu
Sydney / aFp A powerful 6.9-magnitude earthquake struck off Vanuatu, but a tsunami threat passed with no immediate reports of major damage along the coasts of the Pacific archipelago. The quake, initially reported as 7.2 magnitude, struck at a depth of 35 kilometres (22 miles), 81 kilometres north-northwest of the town of Port Olry on Espiritu Santo island in Vanuatu ...
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