DCC to share latest trends in e-commerce at Gitex

Dubai / Emirates Business Dubai CommerCity (DCC), first dedicated e-commerce free zone in the Middle East, North Africa and South Asia (Menasa), will participate in the 39th Gitex Technology Week at DWTC. Ms Amna Lootah, Assistant Director General, Dafza said: “E-commerce is one of the fastest growing sectors which is playing a key role in the growth of the local ...

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UAE Armed Forces all set to hold drills in RAK

RAS AL KHAIMAH / WAM The UAE Armed Forces on Saturday warned that loud noises – including those of helicopters, fighter planes, armored personnel carriers and speedboats – are expected in Al Hamra, Ras Al Khaimah as rehearsals for the 6th edition of Union Fortress begin in the emirate. In a statement, the Armed Forces also warned against approaching the ...

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UAE investments constitute 11% of total FDI to Lebanon

ABU DHABI / WAM The UAE has maintained its position as a leading investor in Lebanon with its foreign direct investment (FDI), constituting 11 percent of total FDI inflows to Lebanon, according to a top Emirati diplomat. “The upcoming joint investment forum is a realisation of the vision of the UAE’s leadership for joint Arab action, especially with Lebanon,” Hamad ...

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Emiratis flock to polling stations on election day

ABU DHABI / WAM Voting for Federal National Council (FNC) representatives opened on Saturday in 39 polling centres across the country. The voting process began at 8am and ends at 8pm when voting centres will shut down, the votes counted, and the preliminary list of winners of the FNC 2019 elections announced. Since the start of the voting process – ...

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AED410 million in housing subsidies granted to Emiratis

Abu Dhabi / WAM The Sheikh Zayed Housing Programme has approved 522 housing assistance applications for Emirati citizens valued at AED410 million. They range from housing loans and grants to government housing. This follows the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, and the follow-up of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President ...

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Khalifa Fund highlights ‘AI Mentor’ initiative at Gitex

Abu Dhabi / WAM The Khalifa Fund for Enterprise Development (KFED), has announced its participation at this year’s edition of Gitex Technology Week, the biggest tech show in the Middle East, North Africa and South Asia (Menasa), which will run from October, 6-10 at the Dubai World Trade Centre (DWTC). During the event, KFED will highlight its ‘AI Mentor’ initiative, an integrated ...

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Session on UAE’s Mars Probe held in London

London / WAM The World Youth Council, in cooperation with the UAE Embassy in the United Kingdom, has organised an interactive session with Sarah bint Yousif Al Amiri, Minister of State for Advanced Sciences, about the Emirates Mars Mission’s Hope Probe and the country’s latest success in space. During her speech at the session, organised at the Science Museum in ...

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UAE Space Agency to raise awareness of space exploration

Abu Dhabi / WAM The UAE Space Agency announced its participation in the World Space Week, which focuses on the role of science and technology for the benefit of humanity. Taking place untill October 10, this year’s theme of the World Space Week will be “The Moon: Gateway to the Stars”. In celebration of the World Space Week, the Agency ...

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Venezuela trims output from biggest oil region as tanks fill

Bloomberg Venezuela’s state oil company has briefly cut output in the Orinoco Belt — which accounts for about half of the nation’s total production — to a maximum of 200,000 barrels a day after swelling inventories forced blending plants to shut. Petroleos de Venezuela SA set a production limit at the extra-heavy crude area of the Orinoco, the country’s main ...

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Mexico’s Amlo halt of oil auctions challenged

Bloomberg Mexico’s Finance Minister Arturo Herrera said the country should debate how to exploit its deep-water hydrocarbon riches, in an apparent challenge to President Andres Manuel Lopez Obrador’s decision to suspend the private oil auctions to explore these deposits. “We need to have a profound discussion about what we are going to do with deep water, because in deep water, ...

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