King Hamad of Bahrain receives UAE Ambassador, congratulates UAE on National Day
MANAMA, His Majesty King Hamad bin Isa Al Khalifa of Bahrain received at his palace Sheikh Sultan bin Hamdan bin Zayed Al Nahyan, UAE Ambassador to Bahrain, and congratulated him on the UAE’s 48th National Day.King Hamad expressed his admiration at the…
RAK Ruler exempts 197 commercial establishments from fees, violation fines
RAS AL KHAIMAH, H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, ordered the exemption of 197 commercial establishments from renewal fees and any resulting fines due to local departments and authorities, ranging …
Waha Capital records AED40 million gain following divestment of remaining stake in AerCap Holdings
ABU DHABI, Waha Capital has recorded a net gain of AED40 million through the divestment of its remaining stake in New York-listed AerCap Holdings NV, according to a press statement issued by the company on Wednesday.Waha Capital, which has been a share…
OPEC daily basket price stands at $62.57 a barrel Tuesday
VIENNA, The price of OPEC basket of fourteen crudes stood at US$62.57 a barrel on Tuesday, 3rd December, compared with US$62.50 the previous day, according to OPEC Secretariat calculations.The OPEC Reference Basket of Crudes is made up of the following…
Dubai Economy directs traders to withdraw vacuum flasks containing asbestos
Dubai, The Commercial Compliance and Consumer Protection (CCCP) sector in Dubai Economy, along with the Emirates Authority for Standardisation and Metrology (ESMA), has directed all shops in the emirate to withdraw vacuum flasks that may contain asbe…
Dubai Economy and Visa team up to promote cashless transactions
Dubai, Dubai Economy has signed a memorandum of understanding (MoU) with global digital payments leader, Visa, to promote cashless payments and business growth through leveraging Visa’s loyalty and merchant support assets. The two entities will co-oper…
Asian Infrastructure Investment Bank delegation visits UAE to discuss further cooperation
ABU DHABI, A delegation from the Asian Infrastructure Investment Bank, led by Sir Danny Alexander, Vice President and Corporate Secretary at AIIB, has visited the UAE to strengthen ties between the UAE and AIIB.Speaking on the occasion, Dr Sultan bin A…
Al Dhafra Festival kicks off December 9
BU DHABI, Inspired by Emirati culture and local heritage, the 13th edition of Al Dhafra Festival 2019 will kick off on December 9th under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Com…