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Tag Archives: UAE

UAE preparing unified customs strategy

The UAE will on Sunday, 4th November 2018, launch the Unified Customs Strategy, announced Ali Al Kaabi, Customs Commissioner and Head of the Federal Customs Authority. Al Kaabi said the strategy aims to support the country’s security and customs systems, maintain community security and stability and improve the UAE’s rankings …

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Islamic finance crosses threshold of $100 billion on Nasdaq Dubai Murabaha Platform

Transactions on the Nasdaq Dubai Murabaha Platform for Islamic financing have exceeded a total of US$100 billion, reflecting its popularity with corporate and individual users. Established jointly by Nasdaq Dubai and Emirates Islamic, the platform meets needs ranging from funding for corporate growth and expansion to personal finance for retail customers. Transactions …

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Plenipotentiary Conference 2018 to be headed by Majed Sultan Al Mesmar

Majed Sultan Al Mesmar, Deputy Director­ General for the Telecommunications Sector at the Telecommunications Regulatory Authority, TRA, has been elected Chairman of the International Telecommunication Union, ITU, Plenipotentiary Conference, which is being held in Dubai. Assuming the position, Al Mesmar called for a more cooperative and consensus among the members of the ITU, in …

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UAE’s KhalifaSat safely in orbit

Marking a new milestone that adds to the UAE’s achievements and a new phase in the development of the national space sector, the Mohammed bin Rashid Space Centre, MBRSC, announced the successful launch of the Emirati satellite KhalifaSat into orbit. KhalifaSat is the first Emirati satellite to be 100 percent …

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Hamdan Smart University Prepared for China-UAE Islamic Banking conference

The Hamdan bin Mohammed Smart University, HBMSU, announced the completion of preparations for the launch of the China-UAE Conference on Islamic Banking and Finance, CUCIBF III, for the third consecutive year under the theme, ‘The potential for participative economy and financial system: growth, development, integration, and cooperation.’ The conference, set …

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UAE Defence Ministry participates in Manama Dialogue

A delegation of the Ministry of Defence participated in the Manama Dialogue 2018, running in the Bahraini capital on October 2628. The annual event brings together scores of eminent security, military and political figures and intellectuals from Asia, North & Latin America, and Europe to exchange insights into global security challenges and …

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UAE-Mauritius Business Forum hailed

Foreign Affairs, Regional Integration and International Trade Minister of Mauritius, Seetanah Lutchmeenaraidoo, has hailed the outcome of the UAE – Mauritius Business Forum which was held in the capital Port Louis on Thursday. The minister made the statements while receiving Dr. Rashid Al-Afari, Charge d’Affaires at the UAE Embassy in …

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UAE ranks Number One in Islamic economics

The UAE has been ranked first globally in five Islamic economic sectors, according to the latest results of the “Global Islamic Economy Report 2018-2019.” The Dubai Islamic Economy Development Centre, DIEDC, today published the results of the report, entitled “An Inclusive Ethical Economy.” The sixth report in the series was …

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ADGM, Industrial Development Bureau pledges support of Abu Dhabi industrial sector

The Registration Authority of Abu Dhabi Global Market, ADGM, has signed a Memorandum of Understanding, MoU, with the Industrial Development Bureau, IDB, of the Abu Dhabi Department of Economic Development, DED, to support strategic industrial projects, expands the region’s industrial sector, and promote economic diversification. The agreement was signed by …

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Green economy report released at summit

A new State of the Green Economy Report 2018 released on the last of the two-day World Green Economy Summit on Wednesday will help guide the UAE and other countries to a new economic structure growing around the world, said organisers. The 204-page booklet, containing environmental updates and forward-looking pieces …

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Terror accused gets 15 years in jail in UAE

The Abu Dhabi Court of Appeals on Wednesday sentenced an Arab national to 15 years in prison, followed by deportation after serving his term. The court convicted him of joining Daesh, the terrorist organisation in Syria, and also ordered him to bear all the judicial expenses. The accused, M.D.M.A., whose …

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Flydubai inaugural flight lands in Helsinki

Flydubai has inaugurated its new daily service to Helsinki, Finland, becoming the first national carrier for the UAE to offer direct flights from Dubai. Dubai-based carrier offers year-round direct flights to Finland. The new route is code-shared with Emirates and gives passengers access to more than 200 destinations worldwide on …

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