ADDIS ABABA / WAM The Khalifa Fund for Enterprise Development (KFED) has signed a strategic partnership agreement with the Ethiopian Ministry of Finance aimed at providing over $100 million (AED368 million) to help promote a culture of innovation and finance prominent projects in the Federal Democratic Republic of Ethiopia. The agreement, which was signed by Hussain Jasim Al Nowais, Chairman ...
Read More »Sharjah, Uganda keen to boost economic, investment relations
SHARJAH / WAM Sharjah and Uganda have discussed prospects of cooperation and ways to further boost their bilateral relations in the economic and investment sector. While receiving a high-ranking Ugandan delegation led by Amongi Betty Ongom, Cabinet Minister of Lands, Housing and Urban Development, Republic of Uganda, at its headquarters, the Sharjah Chamber of Commerce and Industry (SCCI) reiterated its ...
Read More »Dubai to host GIAS summit in Jan 2020
DUBAI / WAM The UAE General Civil Aviation Authority (GCAA) has announced that the second edition of Global Investment in Aviation Summit (GIAS) 2020, themed ‘Enabling Global Aviation Growth through Fund Raising and Key Partnerships’ will be held in Dubai, starting from January 27- 29. Over 200 investors and 1,200 delegates, besides selected government officials, aviation organisations, finance and insurance ...
Read More »Dewa launches peak load reduction campaign
DUBAI / WAM The Dubai Electricity and Water Authority, Dewa, has launched its annual “Let’s Make This Summer Green†campaign to encourage members of the society to adopt practices to protect the environment and reduce their carbon footprint. “The annual campaign is part of our efforts to engage customers and members of the society in concerted efforts to protect the ...
Read More »Sustainable City plans to cut single-use plastic usage by 90%
DUBAI / WAM The Sustainable City, the Middle East’s first fully operational sustainable community, has announced its plan to reduce the consumption of single-use plastic (SUP) within the community by 90 percent as early as next year. The Sustainable City’s phase-out of single-use plastic — a significant environmental polluter with a lasting ecological footprint —will target plastic bags, straws, balloons, ...
Read More »Expo 2020 Dubai launches ‘World’s Greatest Show’ tour
DUBAI / WAM Expo 2020 Dubai is inviting anyone in the UAE, no matter their age or nationality, to be part of ‘The World’s Greatest Show in the Making’ tour – a free sneak preview of the 4.38 sqkm Expo site as it nears completion. Passing through those gates for the next 173 days will be a procession of artists ...
Read More »UAE, Gambia ink deal on protection of investments
ABU DHABI / WAM The UAE, represented by the Ministry of Finance, MoF, recently signed an agreement to encourage and protect mutual investments with the Gambia at the ministry’s headquarters in Abu Dhabi. Obaid Humaid Al Tayer, UAE’s Minister of State for Financial Affairs, and Mamboury Njie, Gambia’s Minister of Finance and Economic Affairs, signed the agreement in the presence ...
Read More »UAE astronauts train at NASA’s Lyndon B Johnson Space Centre
HOUSTON / WAM Emirati astronauts, Hazzaa Al Mansoori and Sultan Al Neyadi began a training programme at NASA’s Lyndon B. Johnson Space Centre, JSC, as part of the preparations for the first Emirati astronaut to travel to the International Space Station (ISS), in approximately 10 weeks from now, aboard the Russian Soyuz-MS 15. The two-week programme includes training on various ...
Read More »UAE occupies first, second places in 47 global indices
ABU DHABI / WAM In 2018, the UAE occupied the first and second positions internationally in 47competitiveness indexes covering around 13 development sectors, reflecting its efforts to achieve comprehensive development and the UAE 2021 Vision. The UAE’s accomplishments were documented by several leading international organisations. In the labour sector, the UAE occupied the first position in the “Ease of Employment ...
Read More »AED453m infra works in Al Rahba complete
ABU DHABI / WAM Abu Dhabi General Services Company, Musanada, has handed over two internal roads and infrastructure projects at Al Rahba City in Abu Dhabi at a total cost of AED453 million over approximately three million square metres. According to Musanada, execution of these projects, in collaboration with Abu Dhabi City Municipality, formed part of its efforts to realise ...
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