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UAE inflation eases in Feb
Abu Dhabi / Reuters Inflation in the United Arab Emirates eased slightly in February after jumping to a multi-year high in January when the government introduced a 5 percent value-added tax, official...
View ArticleMashreq Bank receives ‘best call centre’ award
DUBAI / WAM Mashreq Bank received the Service Olympian Award for ‘Best Call Centre 2018’. The award celebrates excellence in customer service delivery. Sumit Bhatia, Head of Direct Business Channel at...
View ArticleAbu Dhabi utility folded into new energy department
ABU DHABI / reuters Abu Dhabi has folded utility Abu Dhabi Water & Electricity Authority (Adwea) into the emirate’s newly established department of energy as part of a consolidation of state-owned...
View ArticleDubai, South Korea trade surges 8% to AED27.4bn
ABU DHABI / WAM Dubai non-oil external trade with South Korea grew eight percent in 2017 to reach AED27.43 billion, of which AED22.1 billion were in imports, AED 4.47 billion in exports and AED866...
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DP World wins 30-year Congo port concession
DUBAI / WAM DP World has won a 30-year concession with an option of a further 20-year extension for the management and development of a greenfield multi-purpose port project at Banana, Democratic...
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DLD receives international certification for BCMS
Dubai / Emirates Business Dubai Land Department (DLD) and its affiliates on Monday announced that they have received the ISO 22301:2012 International Standard for Business Continuity Management System...
View ArticleUBF approves key initiatives, priorities for current year
Dubai / Emirates Business The Board of Directors of the UAE Banks Federation (UBF) held its first meeting of the year on Monday, in Dubai, to discuss and review current initiatives and priorities for...
View ArticleUAE, S Korea sign MoU on microelectronics and semiconductors
Dubai / WAM The Ministry of Education has signed a Memorandum of Understanding (MoU), with the Ministry of Commerce, Industry and Energy of South Korea, with the aim of promoting mutual academic...
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Mohamed, Moon Jae-in declare completion of Barakah Unit 1
Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and President Moon Jae-in of South Korea visited the...
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UAE Central Bank assets surge to AED398.6bn
Abu Dhabi / WAM The total assets of UAE Central Bank rose to AED398.6 billion in twelve months until February 2018, up by more than AED33.78 billion. The assets were AED 364.82 billion in the same...
View ArticleAbraaj mulls sale of investment management business stake
DUBAI / Reuters Private equity firm Abraaj Group is considering selling part of its investment management business as it seeks to stem the fallout from a dispute with investors in one of its funds,...
View ArticleAbu Dhabi, S Korea’s KITA ink cooperation agreement
ABU DHABI / WAM The Abu Dhabi Chamber of Commerce and Industry and the Korean International Trade Alliance (KITA) on Monday signed a Memorandum of Understanding (MoU). The MoU was signed by Mohammed...
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Adnoc awards $3.5bn deals to Samsung Engineering
ABU DHABI / WAM On the occasion of visit of South Korean President Moon Jae-in the UAE, Abu Dhabi National Oil Company (Adnoc) announced signing of two major contracts between Adnoc Refining and...
View ArticleUAE, Italy discuss mutual cooperation
ABU DHABI / WAM Lt General Hamad Mohammed Thani Al Rumaithi, Chief of Staff of the Ar-med Forces, on Monday received Admiral Valter Girardelli, Chief of the Italian Navy, who is currently visiting the...
View Article‘UAE will be global centre of AI by ’30’
Abu Dhabi / WAM The Ministry of Economy said that the economic impact of the country’s investment in the technologies of the “Fourth Generation of the Industrial Revolution,” most notably artificial...
View Article22 violators served notice for illegal satellite dishes
Abu Dhabi / WAM The Abu Dhabi City Municipality (ADM), has carried out an inspection and an awareness campaign through the City Centre Municipality, aimed at removing outlawed satellite dishes on the...
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UAE, Denmark to boost sustainability ties
Abu Dhabi / WAM There are great potentials to increase cooperation between the UAE and Denmark in areas of sustainability, climate change, green energy and environment protection, Esben Larsen,...
View ArticleATA to hire more talented Emiratis
Abu Dhabi / WAM The ADNOC Technical Academy (ATA), has taken an active role in this year’s National Service Career Fair as it seeks to recruit talented UAE nationals for its 2018 intake. The ATA offers...
View ArticleUAE hosts conference on countering IEDs
Abu Dhabi / WAM The UAE on Tuesday hosted the first ‘Lessons Learned Countering Improvised Explosives Devices (C-IED), conference in Abu Dhabi, to discuss ways and share expertise to defeat the growing...
View ArticleSharjah Ruler to open IGCF2018 today
Sharjah / WAM His Highness Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, will open the seventh International Government Communication Forum (IGCF), at the...
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