Media IN ABU DHABI, 25th June, 2019 (WAM) The total foreign currency assets held by the Central Bank of the UAE increased to approximately AED379.3 billion by the end of May 2019, a growth of 16.1 percent from AED326.6 billion on the same month last year, as current account balances …
Read More »An influx of Six million tourists in Abu Dhabi, Dubai in couple of three months
Media IN ABU DHABI, 25th June, 2019 (WAM) Figures by the Central Bank of the UAE showed that a total of 6.04 million international tourists visited Abu Dhabi and Dubai during the first three months of the year, a growth of 1.8 percent on year. Dubai received 4.75 million from January …
Read More »Hamdan bin Mohammed commends Islamic economy’s contribution to Dubai’s GDP growth
Media IN DUBAI, 24th June, 2019 (WAM) H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has said that the growing contribution of the Islamic economy sector in Dubai’s gross domestic product, GDP, reflects the ability of the UAE’s economy …
Read More »New technology facility and defense launched at Tawazun Industrial Park
Media IN ABU DHABI, 24th June, 2019 WAM UAE armed forces and defense industry representatives today attended the opening of a new facility at Tawazun Industrial Park, TIP, for the assembly of unmanned aerial and maritime target systems used in military training, test and evaluation in the UAE. The new …
Read More »Abu Dhabi Airports first to win CIPS procurement award in MENA region
Media IN ABU DHABI, 24th June, 2019 WAM Abu Dhabi Airports has secured a ‘Procurement Excellence Gold Award’ from the Chartered Institute of Procurement and Supply, CIPS, following its completion of a comprehensive award submission. Abu Dhabi Airports is the only airports group in the world to have achieved the …
Read More »Dubai Tourism provides positive industry outlook to key stakeholders and partners
Media IN DUBAI, 24th June, 2019 WAM Dubai’s Department of Tourism and Commerce Marketing, Dubai Tourism, provided a positive outlook of the industry to leading stakeholders and partners. This was its first biannual city briefing event held last week at the InterContinental Dubai Festival City. The city briefing is part …
Read More »DMCC’s Dubai Diamond Conference to commence in September
Media IN DUBAI, 24th June, 2019 (WAM) The Dubai Multi Commodities Centre, DMCC, has announced 26th September 2019 as the dates for the upcoming Dubai Diamond Conference. This is the fourth edition of the conference and will take place at the Almas Conference Centre in Dubai. The one-day event will …
Read More »Ministry of Economy Okays Uber- Careem merger
Media IN ABU DHABI, 24th June, 2019 (WAM) The UAE’s Minister of Economy, has issued a decision approving the upcoming acquisition of Careem by global ride hailing company Uber. Under the Competition Law, companies operating in the UAE are required to submit a request to the Ministry of Economy regarding …
Read More »DEWA launches Simulator and Training Centre for power generation plants
Media IN DUBAI, 24th June, 2019 (WAM) The MD and CEO of Dubai Electricity and Water Authority, DEWA, has inaugurated the Simulator and Training Centre at its Jebel Ali Power Plant and Desalination Complex. The centre, which DEWA built in collaboration with Siemens, is the first-of-its-kind in the Arabian Gulf …
Read More »EGA announces the arrival of bulk cargo ship to ever call at Khalifa Port
Media IN DUBAI, 24th June, 2019 (WAM) Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, today announced the arrival of the first fully-laden Capesize vessel to call at any GCC port at its quay at Khalifa Port in Abu Dhabi, inaugurating the …
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