Abu Dhabi, 18th June, 2020 (WAM) The Abu Dhabi Department of Economic Development, ADDED, recently issued a circular on the reopening of restaurants, cafeterias, and coffee shops operating outside shopping malls in Abu Dhabi along with the precautionary measures that must be taken before resuming their commercial activities. The move, …
Read More »UAE banks availed TESS liquidity facility, with 17 banks drawing down 100%: CBUAE
ABU DHABI, 18th June, 2020 (WAM) The Board of Directors of the Central Bank of the UAE (CBUAE) held its 6th meeting this year via video conference on Tuesday, June 16, 2020. The meeting took place under the chairmanship of Hareb Masood Al Darmaki, the Chairman of the Board. The …
Read More »UAE, Colombia discuss ways of promoting private sector cooperation
DUBAI, 16th June, 2020 (WAM) Humaid Mohammed bin Salem, Secretary-General of the Federation of UAE Chambers of Commerce and Industry, discussed, with Flavia Santoro Trujillo, President of the Exports, Tourism and Investment Country Brand, ProColombia, ways of enhancing the cooperation between the private sectors of the UAE and Colombia. During …
Read More »Insider trading in UAE capital markets banned effective Tuesday, June 16
ABU DHABI, 16th June, 2020 (WAM) The insider trading at public shareholding companies listed in the UAE capital markets takes effect on Tuesday, June 16th, in compliance with the applicable regulations and rules issued by the Securities and Commodities Authority. The Abu Dhabi Securities Exchange and Dubai Financial Market have …
Read More »Mansour bin Zayed issues new regulations to contribute in development of agricultural sector in Abu Dhabi
ABU DHABI, 8th June, 2020 (WAM) H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs and Chairman of Abu Dhabi Agriculture and Food Safety Authority, ADAFSA, has issued eight new regulations targeting organising the practices of farms and food facilities in the emirate of Abu …
Read More »ADDED issues new circular prohibiting industries in Abu Dhabi from exporting iron scrap, waste paper and cardboards
Abu Dhabi, 2nd June, 2020 (WAM) The Abu Dhabi Department of Economic Development, ADDED, has recently issued a circular temporarily prohibiting all concerned and registered facilities in Abu Dhabi from exporting iron scrap and waste paper and cardboards. The decision is applicable for a period of four months starting May …
Read More »Abu Dhabi Ports launches ‘SAFEEN FEEDERS’ shipping service in response to growing regional and global trade
Abu Dhabi, 2nd June, 2020 (WAM) As part of its strategy to facilitate growing trade demands within the Gulf region, Abu Dhabi Ports today announced the establishment of a new feeder services company, “SAFEEN FEEDERS”. With long- term growth trends of regional manufacturing and trade volumes, SAFEEN FEEDERS will serve …
Read More »Hamdan bin Mohammed announces gradual reopening of business activities in Dubai from fourth day of Eid
DUBAI, 25th May, 2020 (WAM) Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, Crown Prince of Dubai and Chairman of the Executive Council His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum announced the gradual reopening of …
Read More »Emirates Airlines sets industry-leading safety standard for customers travelling as it resumes operations
DUBAI, 21st May 2020 (WAM) Emirates has unveiled multi-faceted measures for employee and customer care at every step of the travel journey, redefining safety and hygiene standards on board and on the ground. The new measures took effect today, with the resumption of regularly scheduled passenger flights to nine destinations. …
Read More »UAE banks invest AED16.6 billion in April 2020
ABU DHABI, 20th May, 2020 (WAM) In April, the UAE’s banking system invested a total of AED16.6 billion, reflecting a high level of baking activity. Emirati banks are utilising their excess liquidity in investment instruments that will improve their profits, increasing the accumulative balance of the banking sector’s investments to …
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