Abu Dhabi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued a Federal Law on the organisation of Holy Quran memorisation centres. Federal Law No. 1 of 2018, which was published in the last issue of the Federal Official Gazette, aims at organising the centres as part of efforts to bring up future generations who are ...
Read More »UAE has become a global investment destination for investors: Abdullah
Cairo / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met UAE investors delegation participating in the UAE-Egypt Economic Committee’s meetings in Cairo. During the meeting, Sheikh Abdullah affirmed the importance of the UAE investors role in developing economic partnership and boosting joint investments between the UAE and Egypt in light of ...
Read More »DIEDC, TFEB ink deal to exchange best practices in Islamic economy
Dubai / Emirates Business The Dubai Islamic Economy Development Centre (DIEDC) signed a Memorandum of Understanding (MoU) with The State Bank for Foreign Economic Affairs of Turkmenistan (TFEB) to exchange knowledge, experience, and best practices in Islamic economy. The signing ceremony took place during an official high-level Turkmen delegation visit tothe UAE, headed by Gurbanguly Berdimuhamedow, President of Turkmenistan. Sultan ...
Read More »â€˜Youth are hope of today’
Cairo / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation, said that the youth are the hope of today and the leaders of the future, and the UAE, under the leadership of President His Highness Sheikh Khalifa bin Zayed ...
Read More »â€˜UAE leadership has made happiness a way of life’
Abu Dhabi / WAM Dr Amal Abdullah Al Qubaisi, Speaker of the Federal National Council (FNC), has said that the happiness of the UAE people has always been and will remain a priority for the wise leadership, who works hard to develop the nation and achieve the well-being of its citizens. She added that the concept of happiness is clear ...
Read More »ADX’s roadshow in New York on March 26
Abu Dhabi / WAM Abu Dhabi Securities Exchange (ADX), is set to launch its first roadshow for the year in New York City accompanied by a number of its listed companies, on the March 26-27. The roadshow comes as part of ADX strategic objectives to increase market cap and product range as well as to attract and activate a wider ...
Read More »SIA showcases its services at MITT
Sharjah / WAM Sharjah International Airport (SIA), under the umbrella of Sharjah Commerce and Tourism Development Authority (SCTDA), has participated at Moscow International Travel and Tourism Exhibition (MITT). Ali Salim Al Midfa, Chairman of Sharjah Airport Authority said, “SIA’s participation in MITT was followed by our successful involvement at the ITB Berlin 2018 fair. It’s part of our plan to ...
Read More »Stocks slide amid technology sell-off; Brexit spurs pound
Bloomberg Stocks declined globally on Monday amid a technology sell-off and as investors braced for a week packed with risk events, from central bank decisions to a G-20 gathering. Government bonds also fell, while the pound jumped on a Brexit breakthrough. US stock slumped as tech companies were roiled by weekend reports of a Facebook Inc. data breach and Apple ...
Read More »Weakening FANG stocks stir overnight volatility in US equity futures
Bloomberg A steady weakening in US equity futures snowballed into one of the biggest drops in a month for Nasdaq 100 contracts, as pre-market trading revealed losses of around 1.5 percent in Apple Inc., Facebook Inc., Alphabet and Amazon.com. Facebook was in the spotlight as government officials in the US and Europe were demanding answers from the company after reports ...
Read More »UAE ministry implements part-time contract system
Abu Dhabi / WAM The Ministry of Human Resources and Emiratisation has begun implementing a new system that will allow establishments to hire employees from both inside and outside the country on part-time contracts. The system will allow employees, both UAE nationals and foreign workers, to work in first and second level skilled jobs for more than one employer, after ...
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