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MAKKAH / WAM The Official UAE Hajj Mission has distributed 153,000 meals to pilgrims of various nationalities at the holy sites during their Hajj, to honour the memory of the late Sheikh Zayed bin Sultan Al Nahyan. Dr. Mohammed Matar Al Kaabi, Chairman of the General Authority of Islamic Affairs and Endowments and Head of the Official UAE Hajj Mission, ...

Dubai / WAM In his capacity as the Ruler of Dubai, Vice President and Prime Minister, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has issued Law No. 10 of 2017 regarding the Zayed bin Mohammed Family Gathering. Sheikh Mohammed also issued Decree No. 22 of 2017 appointing HRH Princess Haya bint Al Hussein as Chairman of the Board of ...

Dubai / WAM Cases of IT-based frauds are increasing in organisations, raising concern among corporate houses and external key stakeholders on ways to detect and prevent such incidents, as companies have reported significant losses. Companies should hire the “right people with integrity and competency” to detect and prevent fraud, Abdulqader Obaid Ali, President, UAE Internal Audit Association, told CIOMajlis a ...

Dubai / Emirates Business Noor Bank, a leading Shari’a-compliant bank in the UAE, has won the Innovator in Islamic Finance 2017 award in the Process Innovation category from the New York-based Global Finance magazine. The award recognised the bank’s single-risk credit insurance structured finance solution for large corporate relationships. Speaking about the win, Ehsaan Ahmed, Head of GTS and Corporate ...

Dubai / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, Supreme Chairwoman of the Family Development Foundation and President of the Supreme Council for Motherhood and Childhood, launched the Fatima bint Mubarak Volunteering Programme. The programme is the first of its kind and aims to establish the culture of volunteer work and humanitarian giving among women ...

Dubai / WAM School bus trips account for 13 percent of the total volume of traffic during the morning rush hours in Dubai, the Roads and Transport Authority (RTA), revealed on Sunday. Statistics show that the number of students in public and private schools in Dubai in 2016 reached some 295,000 young people. “The school transport centre witnessed a rapid ...

Sharjah / WAM The Sharjah Electricity and Water Authority (SEWA) has announced the installation of 100 solar-powered lamp posts in the Yarmouk District of Khor Fakkan, as part of its plans to replace traditional street lighting with a solar-powered system on all the roads of the emirate. Traditional bulbs will be replaced with energy-saving LED bulbs to protect the environment ...

Abu Dhabi / Emirates Business Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, will work with the Massachusetts Institute of Technology on six new practical research projects at EGA later this year. MIT is the leading research university in the United States. The new projects extend EGA’s partnership with MIT’s David H. ...

­­­­­­­­­­­Bloomberg UK Brexit Secretary David Davis dismissed as “nonsense” published reports that Prime Minister Theresa May is set to approve paying as much as $64.8 billion to leave the European Union. May is ready to agree to the total in a bid to kickstart trade talks, but won’t disclose details until after the Conservative Party conference in October, The Sunday ...

Bloomberg America’s manufacturers are showing signs of fabricating some genuine momentum. Toss in improvement among US builders and miners and the US is undergoing the blue-collar revival that President Donald Trump has been pushing. Gary Cohn, the top economic adviser at the White House, told CNBC that the country is seeing jobs being created in the sectors that need them. ...