Nakheel to construct AED150mn island project

Abu Dhabi / WAM In implementation of the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President, Prime Minister of the UAE and Ruler of Dubai, to start construction works in a series of roads & transit system projects, endorsed by His Highness during a recent visit to the Roads and Transport Authority (RTA), RTA has recently endorsed ...

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Emirati martyr’s body arrives home

Abu Dhabi / WAM The General Command of the UAE Armed Forces on Saturday announced the martyrdom of the serviceman Mohammed Rashid Ali Al Danakhani when the military vehicle he was travelling in overturned Al Danakhani was martyred while participating in the Saudi-led Arab coalition’s ‘Operation Restoring Hope’ in Yemen. The body of martyred serviceman arrived in a UAE Air ...

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DFZ discusses setting up of financial institutions inside Dubai free zones

ABU DHABI / Emirates Business His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Free Zone (DFZ) Council, on Saturday chaired the second council meeting which was held at the Emirates Towers. The discussions revolved around the proposed amendments to the draft statute and the financial resources of the council. The meeting also discussed the work progress of ...

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IA to facelift insurance company sector in UAE

ABU DHABI / WAM The Insurance Authority (IA) is discussing a proposal to establish a major national life insurance company in which all licensed national companies will hold stakes, the insurance regulator said today. The proposal is based on the performance of life insurance market valued at AED8 billion where the share of foreign companies stands at 81 percent leaving ...

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DWTC enhances ICT portfolio with Future Tech Week launch

Dubai / WAM Dubai World Trade Centre ( DWTC ) has enhanced its expansive Information Communications Technology (ICT) portfolio by collecting four specialised industry trade platforms under the collective banner of the all-new Future Technology Week. Future Technology Week, which runs March 29-31 across four halls at DWTC, will collect and showcase various ‘pipeline technologies’ and services featured within Gulf ...

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Syria’s partial truce starts with success still uncertain

Beirut / AP The deadline for a partial Syrian ceasefire negotiated by Russia and the US passed amid uncertainty over whether it would take hold and how to judge its success. The “cessation of hostilities” went into effect at 12:01 a.m Saturday local time, but Syrian regime forces continued to shell rebel areas in the Damascus suburb of Al Marj ...

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Suicide bomber kills 25 in easten Afghanistan

Jalalabad / AFP At least 25 people were killed and over 40 injured in a suicide bombing in Afghanistan’s eastern province of Kunar on Saturday, officials said. “A suicide bomber riding a motorcycle detonated his explosives in a market in Asadabad the provincial capital, 25 people were killed and over 40 were injured,” Ghani Mosamem, spokesman for the provincial governor, ...

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15 Killed as Shabaab bombs hit Somalia hotel

Loomberg At least 15 people were killed in a bomb attack by militants at a park and hotel near the presidential compound in Somalia’s capital, a police official said. A suicide car bomber rammed into the SYL hotel in Mogadishu and gunmen stormed the building, said Sharmarke Idow by phone on Friday. Another blast occurred nearby outside the gate of ...

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60 percent turnout reported in Iran elections as vote counted

Tehran / AFP Around 60 percent of voters cast ballots in Iran’s elections after polling stations were kept open to allow millions of latecomers to participate, Tehran’s interior ministry said on Saturday. Coming just a month after sanctions were lifted under Iran’s nuclear deal with world powers, the outcome of Friday’s vote is being seen as a de-facto referendum on ...

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