ABU DHABI, The drivers of the UAE’s economy in 2021 included five key pillars, which are the launch of an industrial strategy worth AED300 billion, the start of trading in Murban crude oil, the launch of the first projects of the “Projects of the 50”,…
Category: Domestic Affairs
Dubai Chamber announces shift to 4.5-day working week
DUBAI, Dubai Chamber has announced that it will shift to a 4.5-day working week starting 3rd January, 2022, in a move that falls in line with a newly approved work week for UAE federal government employees.The official working hours will be 9 working …
Warba Bank celebrates listing of US$250 million Tier-1 Sukuk on Nasdaq Dubai
DUBAI, Shaheen H. Al-Ghanem, CEO of Warba Bank, a leading Kuwaiti Islamic Bank, Tuesday rang the market-opening bell to celebrate the listing of the Bank’s US$250 million perpetual Tier-1 Sukuk on Nasdaq Dubai, in the presence of Hamed Ali, CEO of Nas…
EDB’S Business Banking App enables access to 500 UAE companies in 3 months
ABU DHABI, The Emirates Development Bank (EDB) has announced that its Business Banking App has supported more than 500 UAE-based SMEs and start-ups by opening accounts for them in less than 48 hours over the past three months, reinforcing its growing …
Dubai Investments ‘Young Investors Competition’ winners announced
DUBAI, Dubai Investments has announced the winners of its “Young Investors Competition”. Aimed at generating long-term value and supporting rewarding opportunities for youth, the competition aimed at strengthening financial and stock market investment…
From Usain Bolt to the Harlem Globetrotters, Expo 2020 welcomes world’s biggest sports stars
At Expo 2020 Dubai, the visitors never know whom they might run into. Sports fans in particular have been in for a treat as the mega-event reaches its half-way point, with visits so far from some of the world’s biggest stars and a brand new sports ven…
Etihad Airways, Henan Province Airport Group sign MoSC for strengthening Sino-Arab cargo ties
Etihad Airways, the national airline of the United Arab Emirates, and Henan Province Airport Group, the parent company of the Zhengzhou Xinzheng Airport (CGO) an important domestic aviation hub and the gateway to the central region of China aim to esta…
Khaled bin Mohamed bin Zayed inaugurates Abdul Rahman Makhlouf Street, adjacent to Abu Dhabi Municipality building
Under the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Chairman of the Abu Dhabi Executive Council, H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan…
Al Bithnah Nature and Heritage Trail inaugurated in Fujairah
Etihad Rail, Emirates Nature-WWF, Fujairah Municipality, the Fujairah Environment Authority and Fujairah Adventures Centre, supported by Fujairah Tourism and Antiquities Authority, inaugurated the historic Al Bithnah Nature and Heritage Trail in the Em…
RTA announces new office, service hours as of Monday, 3rd Jan 2022
Dubai’s Roads and Transport Authority (RTA) has announced new working hours at offices and service-providing centres across the Emirate in line with the Dubai Government’s resolution to change the work timing to bring it in line with the Federal Gover…
Ajman Bank, Emirates Development Bank sign MoU on credit guarantee for SMEs
Ajman Bank has signed a memorandum of understanding (MoU) with the Emirates Development Bank (EDB) to offer credit guarantee and co-lending for small and medium-sized enterprises (SMEs) in the UAE.The MoU falls within the scope of EDB’s commitment to b…
Suhail Al Mazrouei visits Saudi pavilion at Expo 2020 Dubai
Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, has visited the Saudi Arabia pavilion at Expo 2020 Dubai.The Saudi pavilion is characterised by its innovative and sustainable design, enabling it to acquire a Leadership in Energy…