The UAE banks provided in 2020 AED3.9 billion in industrial sector credit facilities for non-residents, according to figures revealed by the Central Bank of the United Arab Emirates. This brings to around AED20.8 bn the cumulative balance of this type of loans by the end of December 2020, a growth …
Read More »UAE-GCC states trade exchange at AED229 bn in 2019
The trade exchanges between the UAE and GCC states amounted to around AED229 bn in 2019, a 4 percent growth on 2018, according to Younis Haji Al Khouri, Under-Secretary of the Ministry of Finance (MoF) In statements to the Emirates News Agency (WAM), Al Khouri noted that cooperation with its …
Read More »UAE Team Emirates’ Tadej Pogacar wins stage 4 at Tirreno-Adriatico
Tadej Pogacar of the UAE-Team Emirates won stage 4 at Tirreno-Adriatico and took overall lead for the General Classification in Italy. On the uphill arrival of Prati di Tivo (14.7km at 7 percent gradient), an attack at 7.5km from the finish and another dig at 6km allowed Pogacar to hold …
Read More »Dubai Customs foils smuggling of 3 million Captagon pills
Dubai Customs seized nearly three million captagon pills, which is the largest so far this year and foiled a major attempt to smuggle them into the country. Inspection officers of the Sea Customs Centre Management at Jebel Ali Port thwarted the illegal shipment thanks to coordination between different sections coupled …
Read More »Ammar Al Nuaimi inaugurates Mohamed bin Zayed Field Hospital in Ajman
H.H. Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Ajman Executive Council, stated that the strategies and plans of the UAE’s leadership aimed at addressing the coronavirus (COVID-19) pandemic and curbing its spread have achieved positive results, noting that citizens and residents have access …
Read More »NCM records 5.1 magnitude earthquake in southern Iran
A 5.1 Magnitude Earthquake on Richter scale is recorded in Southern Iran at 16:54, 14/03/2021 “UAE time” According to the NCM “National Seismic Network”.
Read More »Mohammed bin Rashid issues Decree dissolving the Special Tribunal for the Settlement of Cheque Disputes Relating to Real Estate Transactions
In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE HH Sheikh Mohammed bin Rashid al Maktoum issued Decree No. (11) of 2021 dissolving the Special Tribunal for the Settlement of Cheque Disputes Relating to Real Estate Transactions formed pursuant to Decree No. (56) of …
Read More »Two sports establishments ordered shut, six others fined for failure to adhere to COVID-19 guidelines
Inspection teams from Dubai Sports Council and Dubai Economy, alongside Dubai Municipality, served closure orders on two sports establishments and fined six others at the weekend for their failure to adhere to COVID-19 precautionary measures and guidelines. The sports establishments were fined for their failure to maintain the mandatory safe …
Read More »UAE to celebrate Emirati Children’s Day
The United Arab Emirates will celebrate, tomorrow, the annual “Emirati Children’s Day,” a national occasion celebrated on 15th March that aims to raise the community’s awareness about children’s rights. The UAE has progressed from the stage of caring for children and protecting their basic rights to the stage of empowering …
Read More »Mohamed bin Rashid receives Prime Minister of Kazakhstan
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, received this afternoon at Qasr Al Watan in Abu Dhabi Askar Mamin, Prime Minister of the Republic of Kazakhstan, and his accompanying delegation. Also present during the meeting was H.H. Sheikh Mansour bin Zayed …
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