Tag Archives: UAE

The UAE is one of the happiest country in the world, according to a new report compiled by Boston Global Consulting Group (BCG), titled ‘Towards A Broader View of National Performance’, prepared in collaboration with the 2019 World Government Summit, The report includes an assessment of income and happiness dynamics. …

Director-General of the International Atomic Energy Agency, IAEA, Yukiya Amano highlighted the good progress made in the delivery of technical cooperation projects with the Member States, and encouraged the “development of more focused technical projects in which Member States, the IAEA and other partners can work together to help countries …

The UAE and France have re-affirmed their determination to further consolidate their strategic partnership and doubled on their keenness to ensure close coordination and continued consultations at a time the region is witnessing increased volatility and instability. This came in a joint statement issued by the two countries following the …

The United Arab Emirates signaled on Friday that a British academic jailed for life on spying charges could be freed after his family appealed for clemency. Matthew Hedges was sentenced on Wednesday on charges of spying for the British government, in a move described as deeply disappointing by Prime Minister …

His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has emphasised that the UAE and France are partners in the fight against extremism and terrorism, support values of tolerance, promote dialogue, interaction and coexistence among peoples, civilisations …

A UAE court sentenced British academic Matthew Hedges to life in prison on charges of spying for the British government on Wednesday, his family and a state-run newspaper said, in a move described as deeply disappointing by Prime Minister Theresa May. The hearing lasted less than five minutes and his …

The United Arab Emirates’ Federal Authority for Nuclear Regulation is not ready to give the company that will run the country’s first nuclear plant a license to operate, a senior official said on Wednesday. The $24.4 billion Barakah power plant is the world’s largest nuclear project under construction and will …

There is an initial agreement within OPEC to cut production in the coming meeting in Vienna on December 6, but the amount has not been decided yet, UAE OPEC Governor Ahmed al-Kaabi said on Tuesday. He said that OPEC will very likely reduce production, adding that the (JMMC) technical committee …

The United Arab Emirates is fully complying with sanctions imposed this month by the United States on Iran even though it will mean a further drop in trade with Tehran, a UAE economy ministry official told Reuters on Tuesday. Abu Dhabi, the political capital of the UAE federation, has taken …

A high-level delegation from Abu Dhabi Fund for Development, ADFD, today attended the inaugural ceremony of the US$2.3 billion landmark infrastructure project of a high-speed train service connecting the cities of Tangier and Casablanca in Morocco. Inaugurated by King Mohammed VI of Morocco, the opening ceremony was also attended by …

UAE Ministry of Foreign Affairs and International Cooperation and the Ministry of Foreign Affairs of Republic of Sudan, have signed a Memorandum of Understanding, MoU, on enhancing bilateral relations. The MoU was signed by Ahmed Abdul Rahman Al Jarman, Assistant Minister for Human Rights and International Law at the ministry …

H.H. Dr. Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, on Thursday, presided over a meeting of the management of the Sharjah Research, Technology and Innovation Park (SRTIP) at the University City. Sheikh Sultan reviewed the developments in the SRTIP, the infrastructure projects, the main …

The Abu Dhabi National Oil Company (ADNOC) today announced that its In-Country Value (ICV) spend for the year 2018 will be over AED18 billion. This represents a significant year-on-year increase and is attributed to the company’s new ICV programme, which was launched in January 2018. The amount that ADNOC, and …

His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Giuseppe Conte, Prime Minister of Italy, have discussed the friendship and cooperation between the UAE and Italy. They also discussed the possibility of developing their relations in …

The United Arab Emirates has welcomed the UN Security Council’s decision to lift sanctions imposed on Eritrea. In a statement, the Ministry of Foreign Affairs and International Cooperation today welcomed the news, saying the decision will promote a historic reconciliation in the Horn of Africa. The UAE expressed its conviction …

Refined product stocks at the Middle Eastern hub of Fujairah sank by 7.1% to 20.027 million barrels in the week to Monday as middle distillate inventories fell to a three-month low, according to the Fujairah Energy Data Committee. Middle distillate stocks saw the sharpest decline, losing 24.8% to 3.05 million …

The Abu Dhabi National Oil Company (ADNOC) today announced an AED5.1 billion (US$1.4 billion) investment to upgrade and expand its Bu Hasa field that will increase crude oil production capacity to 650,000 barrels per day (bpd). This is an important step towards delivery of ADNOC’s 2030 smart growth strategy that …

Pottery is one of the oldest handicrafts practiced in the UAE, dating back some 2,500 years. The history of pottery in the UAE goes back – according to archaeological evidence found in the Umm Al Nar area – to 2500 BC, with tombs found in the area containing a vast …

The UAE is set to host the first session of the Interfaith Alliance for Safer Communities: Child Dignity in the Digital Age Forum on 19th and 20th November. Held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander …

Christian G. Lenoble, ExxonMobil President and UAE Lead Country Manager, has said that 50 Emiratis have had development assignments at the company’s  offices around the world over the past 10 years. ExxonMobil, headquartered in Texas, is considered one of the largest publicly traded international oil and gas company, using technology …

The UAE economy is projected to grow at 2.9 percent in 2018 and 3.7 percent in 2019 against and estimated growth of 0.8 percent, reported Gulf News in an article in the paper today, quoting the latest regional economic outlook report of the International Monetary Fund (IMF). “Growth projections are …

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, on Sunday ordered an emergency airlift of humanitarian aid to help those affected by the devastating floods in Jordan. A 747 jumbo jet and a C130 Hercules transport carrier took off from Dubai during …

Mubadala Petroleum has announced that it has agreed with Eni to purchase a 20 percent participating interest from Eni’s share in the Nour North Sinai Offshore Area ‘Nour’ concession, an offshore exploration block in Egypt. Eni is the operator of the concession through its subsidiary, IEOC. In the concession, which …

The global oil and gas will be a critical enabler of economic growth in the 4th Industrial Age, according to Dr. Sultan bin Ahmad Al Jaber, Minister of State and Group CEO of the Abu Dhabi National Oil Company (ADNOC). Delivering the opening keynote address, today at the Abu Dhabi …

Aldar Properties today announced appointment of Al Rakha Contracting and General Transport LLC as the main contractor for infrastructure buildings and early works package for the first neighbourhood in the second phase of Alghadeer – a AED10 billion mega development, situated close to the border of Abu Dhabi and Dubai. …

His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, Prime Minister and Ruler of Dubai, said that being proactive in creating a better tomorrow is a priority for the UAE government. This approach guides the development of strategies and services for positively impacting people’s lives. “Advanced technologies and …

On behalf of the Abu Dhabi government, the Abu Dhabi National Oil Company (ADNOC) has signed an agreement with French oil and gas major Total, granting it a 40% stake in the Ruwais Diyab Unconventional Gas Concession. Under the terms of the agreement, Total will explore, appraise and develop the …

Al Ain City signed a twin city agreement with Wuxi, in the southern Jiangsu province, China, for cooperation in urban planning, education, sports, tourism, culture and arts, as well as trade and investment. The signing occurred during a visit by an Al Ain City delegation that toured the Chinese city …

Abu Dhabi Crown Prince Sheikh Mohammed Bin Zayed said in a tweet on Sunday he discussed with Total CEO Patrick Pouyanne “potential bio-energy cooperation” between the company and the institutions of the United Arab Emirates. Abu Dhabi’s oil producer ADNOC earlier on Sunday announced an agreement granting the French company …

Businesses in Dubai displayed a brighter outlook for the months ahead with stronger sales and revenues expected due to new projects and seasonal increase in tourist arrivals. The quarterly business survey of the Department of Economic Development (DED) also showed that more than 88% of the businesses foresee stronger or …

The UAE Embassy in Pretoria has provided support to the ‘1 Million School Shoes’ campaign, which targets disadvantaged pupils in schools across Limpopo, a northernmost province of South Africa. While meeting Onicca Moloi, the campaign director, Fatima Al Suwaidi, First Secretary at the Embassy, said such humanitarian initiatives echo the …

The UAE-Saudi Coordinating Council in charge of following up the joint US$1 billion financial contribution to Yemen Humanitarian Response Plan (YHRP) held their third meeting at the premises of the Ministry of Foreign Affairs and International Cooperation in the UAE capital. The meeting, held in the presence of representatives of …

Mohammed Ahmed bin Abdul Aziz Al Shehhi, Undersecretary for Economic Affairs in the Ministry of Economy, has discussed with Viljar Lubi Deputy Secretary-General for Economic Development at the Estonian Ministry of Economic Affairs and Communications, means of boosting economic relations between the two countries. During the meeting, which took place …

Dubai Electricity and Water Authority, DEWA, has awarded a contract worth AED288 million to construct two rectangular, reinforced, concrete 60-million-gallon reservoirs in Al Nakhali. This will hold 120 million gallons of desalinated water to increase Dubai’s storage capacity to 1,010 million gallons. Commenting on the project, Saeed Mohammed Al Tayer, …

Kuwait’s prosecutors have asked Dubai to release $500 million in funds belonging to a Kuwaiti private equity fund that were frozen as part of a money laundering investigation, according to a letter seen by Reuters. The funds, held at a Dubai-based bank, were frozen at the behest of the United …

A UAE relief plane laden with 100 tonnes of aid has landed at the Khartoum International Airport in response to the torrential rains and flash floods that hit some Sudanese provinces recently. The US$600,000 aid, provided by the Emirates Red Crescent, ERC, includes clothes, food stuff and household utensils, and …

Dubai Investments, DI, is showcasing its expertise and capabilities in the construction sector through five of its specialist subsidiaries at ‘The Big 5 Construct East Africa’, in Nairobi, Kenya, from 7th to 9th November, 2018. Emirates Building Systems, Emirates Extruded Polystyrene, Dubai Cranes, Labtec and Emirates Extrusion Factory are participating …

Emirates Global Aluminum today announced the arrival of two SD40-2 shunting-locomotives that will be used on its under-construction bauxite mining project in the West African country of Guinea. EGA’s subsidiary Guinea Alumina Corporation is building a bauxite mine and associated export facilities in Guinea in the largest greenfield investment in …

Mariam Hareb Almheiri, Minister of State for Food Security, has discussed ways to boost cooperation relations with representatives of the agricultural sector in Poland through the exchange of expertise and modern technologies and ways to promote sustainable development. During her visit to the Polish company Swedeponic Polska, Almheiri pointed out …

The National Media Council, NMC, has accredited five entities in its “Content Self-Monitoring Programme” in an effort to assist operations at bookshops and publishing houses and to promote writing, publishing and reading in the UAE. The programme allows publishers, distributors and bookshops to evaluate the content of books by themselves, …

The Ministry of Climate Change and Environment, MoCCAE, today highlighted the role of artificial intelligence in developing its processes through compiling and analysing highly accurate real-time data at a media briefing at the Ministry’s headquarters in Dubai. Headlined by Dr. Thani bin Ahmed Al-Zeyoudi, Minister of Climate Change and Environment, …

The UAE Peaceful Nuclear Energy Programme has been recognised for its unique achievements and coordinated development during the 23rd Nuclear Inter Jura Congress. Held for the first time in the Middle East and hosted in Abu Dhabi by the Emirates Nuclear Energy Corporation, ENEC, the congress was organised by the …

Dr. Abdulhamid Alkhalifa has assumed office as Director-General and Chief Executive Officer of the OPEC Fund for International Development, OFID, at the institution’s Vienna headquarters. Prior to his appointment, Dr. Alkhalifa was Deputy Secretary-General of the Saudi Arabian Public Investment Fund since 2014, and advisor to the Secretary General from …

Shamma bint Suhail Faris Al Mazrui, UAE Minister of State for Youth Affairs and Chairwoman of the Board of Directors of the Federal Youth Authority, highlighted the UAE’s experience in empowering the youth and supporting them through the “National Agenda for the UAE’s Youth 2021,” which aims to invest in …