Home / News / United Arab Emirates

United Arab Emirates

ADNOC partners with OCI N.V

The Abu Dhabi National Oil Company (ADNOC) today announced a new strategic partnership with OCI N.V, which is a global producer and distributor of natural gas-based fertilisers and industrial chemicals, headquartered in the Netherlands. The partnership will see ADNOC combine its fertiliser business, ADNOC Fertilisers, into OCI’s Middle East and …

Read More »

UAW water production project in Yemen

With the support of the UAE, a project to increase water production capacity was launched yesterday in Mocha, on Yemen’s Red Sea Coast. It will serve more than 30,000 residents of the city and neighbouring areas. Mohammed Al Junaibi, Director of Humanitarian Affairs for the Emirates Red Crescent, ERC, in …

Read More »

UAE and Ethiopia sign MoU

Dr. Amal Abdullah Al Qubaisi, Speaker of the Federal National Council, FNC, and Keria Ibrahim, Speaker of the House of Federation of Ethiopia, today signed a Memorandum of Understanding, MoU, at the FNC’s headquarters. The MoU, which was signed during a discussion session chaired by Dr. Al Qubaisi and Ibrahim, …

Read More »

Sanad Aerotech working with Rolls-Royce

Abu Dhabi’s Sanad Aerotech today announced the conclusion of a landmark agreement with Rolls-Royce plc to become a Rolls-Royce Trent 700 Authorised Maintenance Centre, AMC. Sanad Aerotech is a maintenance, repair and overhaul, MRO, provider for aero engines and industrial gas turbines that is wholly owned by Mubadala Investment Company …

Read More »

Dubai’s financial roadshow in New York attracts major investor

The Dubai Financial Market, DFM, International Investors Roadshow in New York 2019 has witnessed significant participation from international investment institutions. The roadshow enabled listed companies to hold 81 one-on-one meetings with senior representatives of 35 international institutions, managing approximately US$3.2 trillion in assets. The roadshow was organised last week, in …

Read More »

Interest rate swaps on rise in UAE

Ten-year term interest rate SWAPs maintained an upward movement in 2018, spiking to 4.39 percent in mid-November from 3.7 percent in early January before rebounding to 4.15 percent by the end of the year, statistics by the Central Bank of the United Arab Emirates have shown. Interest rate swaps are …

Read More »

UAE anchor of peace, CICA summit

The United Arab Emirates, since its establishment, has been an anchor for peace and stability in a volatile region that is now in a dire need of immediate solutions to counter extremism and terrorism and promote tolerance and mutual understanding, said a top official of the Ministry of Foreign Affairs …

Read More »

Licences issued on rise in Dubai

Signalling growing investor confidence in Dubai, new business licenses issued in the emirate during the first four months of 2019 increased 35 percent compared to the same period of 2018, according to a report issued by the Department of Economic Development (DED). DED issued 9,489 new licences during January-April 2019 …

Read More »

UAE opposed to hate-speech at UN

Earlier this week, Dr. Sultan Al Remeithi, Secretary General of the Muslim Council of Elders, reaffirmed the UAE’s commitment to combating hate speech across all mediums and safeguarding religious sites in meetings with senior UN officials. “This year, the world witnessed an increase in horrifying terrorist attacks on places of …

Read More »

World Court rejects UAE claims against Qatar

The United Nations’ highest court for inter-state disputes on Friday rejected a United Arab Emirates request for immediate measures against Qatar in a dispute over alleged discrimination between the Arab neighbors. In a 15-1 vote, World Court judges rejected the UAE’s request for immediate action to keep Qatar from blocking …

Read More »

Churches and monasteries open in UAE

The Church and Monastery on Sir Bani Yas Island, the only early Christian site yet discovered in the UAE, has reopened its doors to visitors following the implementation of conservation measures and site enhancements by the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi). The inauguration ceremony …

Read More »

Yemeni PM discusses cooperation with UAE

H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, received on Thursday visiting Yemeni Prime Minister Dr Maeen Abdulmalik, to discuss progress on humanitarian, developmental and economic projects undertaken by the UAE in Yemen. The meeting, which took place at the Presidential Place, also …

Read More »

UAE hands over Malaria drugs to Yemen

The United Arab Emirates has delivered a shipment of medicines to the Yemeni Ministry of Health. The shipment included medicines for treating chronic diseases as well as other medicines to combat the spread of malaria. The move is part of the emergency response campaign launched by the UAE to relief …

Read More »

UAE deposits $3 billion in Pakistan

The UAE’s US$3 billion deposit with the State Bank of Pakistan has contributed to alleviating the country’s financial crisis and easing pressure on foreign exchange reserves, according to Pakistan’s State Minister for Revenues. Hammad Azhar made the remarks today as he presented to the National Assembly Pakistan’s general budget with …

Read More »

High profile UAE visit to Germany begins

The official visit of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, to Germany that started on Tuesday is expected to strengthen joint diplomatic efforts to find solutions to several regional and international issues, according to …

Read More »

New insolvency law slotted for UAE

In his capacity as Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, and Prime Minister, enacted a new DIFC Insolvency Law, Law No. 01 of 2019, the Dubai International Financial Centre, DIFC, the leading international financial hub in the Middle East, Africa and South Asia, …

Read More »

DEWA organising WETEX exhibition

Dubai Electricity and Water Authority, DEWA, is organising the 21st Water, Energy, Technology, and Environment Exhibition, WETEX, which will be held from 21st – 23rd October, 2019, at the Dubai International Convention and Exhibition Centre. The exhibition is held under the patronage of H.H. Sheikh Hamdan bin Rashid Al Maktoum, …

Read More »

Political Empowerment in the UAE forum launched

The UAE Ministry of State for Federal National Council Affairs, MFNCA, and the Higher Colleges of Technology, HCT, launched today the inaugural edition of the ‘Political Empowerment in the UAE’ forum across five emirates, aimed at promoting a culture of political participation among the country’s citizens. Using video conferencing technology, …

Read More »

ENOC wins mega-loan from China

ENOC Group has secured a five-year US$690 million term loan from a Chinese consortium of banks as China’s biggest financial institutions endorse the Group’s operational and financial health. The term loan will finance general corporate purposes as ENOC continues to fuel the local economy through its business divisions in exploration …

Read More »

Ma’an Social Incubator extends deadline

The Authority of Social Contribution, Ma’an, has extended the deadline for its Ma’an Social Incubator, MSI, Programme till 13th July, 2019, due to the growing interest in the MSI from the public and social entrepreneurs in the UAE, the region and the rest of the world. The programme has already …

Read More »