Fri 09-06-2023 21:32 PM ABU DHABI, 9th June, 2023 (WAM) — Credit financing provided by the UAE national banks to the trade and industry sectors grew 6.1% YoY, or AED42.5 bn in the first three months of 2023, according to recent data issued by the Central Bank of the UAE (CBUAE). The statistics showed that...
Tag: UAE
Visit visa holders sponsored by UAE residents can extend their visas for 90 days
Did you know that if you’re visiting the UAE on a visa sponsored by a family member or friend who is a UAE resident, you can extend your visa for up to 90 days? It’s true! There are different options available for extending your visa, but the duration of the extension will depend on the...
UAE participates in 49th meeting of UNWTO Regional Commission for Middle East in Jordan
DEAD SEA (Jordan), 9th June, 2023 (WAM) — The UAE, represented by Abdulla bin Touq Al Marri, Minister of Economy, has been chosen as the World Tourism Organisation’s (UNWTO) Vice President for the Middle East for the 25th edition of the UNWTO meeting, which will be held in Samarkand, Uzbekistan, in October. UNWTO is the...
UAE Fund Transfer System processed transactions worth AED 3.89 trillion in Q1 2023
Thu 08-06-2023 23:51 PM ABU DHABI, 8th June, 2023 (WAM) – The gross value of interbank fund transfers through UAE Fund Transfer System (UAEFTS) rose to more than AED 3.89 trillion in the first quarter of 2023, a YoY increase of 35.2 percent over the corresponding period in 2022, according to statistics released by the...
UAE participates in the Astana International Forum
ASTANA, 8th June, 2023 (WAM) – Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy and Industry, is leading the UAE’s delegation participating in the Astana International Forum, which got underway here today under the patronage of President Kassym-Jomart Tokayev of Kazakhstan and attendance of more than 1000 participants including heads of state. The...
UAE and Cambodia sign CEPA to double non-oil trade
PHNOM PENH, 8th June, 2023 (WAM) — The UAE and the Kingdom of Cambodia have signed a Comprehensive Economic Partnership Agreement (CEPA) that is expected to more than double non-oil bilateral trade from US$407 million in 2022 to US$1 billion within five years. Witnessed by Cambodia’s Prime Minister Hun Sen, the agreement was signed in...
UAE to host K-Business Day in Middle Eat 2023 to facilitate partnerships between startups in UAE and Korea
Thu 08-06-2023 19:09 PM DUBAI, 8th June, 2023 (WAM) — K-Business Day in Middle Eat 2023 is set to take place at the Dubai World Trade Centre on 12th and 13th June, with the participation of Abdullah bin Touq Al Marri, Minister of Economy; and Lee Young, South Korean Minister of SMEs and Startups. The...
Three key roads in the UAE have new maximum and minimum speed limits
Those travelling by car in the United Arab Emirates should be aware that new speed limits have been implemented on major routes around the nation as a result of statements made by police officials in Abu Dhabi, Dubai, and Sharjah. While the majority of roads now have a maximum speed limit, there is one important...
UAE Independent Climate Change Accelerators launches UAE Carbon Alliance
ABU DHABI, 7th June, 2023 (WAM) — The UAE Independent Climate Change Accelerators (UICCA), today launched the UAE Carbon Alliance, a new coalition of partners dedicated to advance the development of a carbon market ecosystem. The UICCA, an Abu Dhabi Global Market (ADGM) registered non-governmental organisation, is a think tank and accelerator supporting the nation’s...
Keolis Pledges To Reduce Carbon Emissions In Support Of UAE Net Zero 2050 Strategic Initiative – Construction Business News Middle East
Share Tweet Share Whatsapp Email Keolis, a global leader in public transportation services, has proudly announced a significant commitment to supporting the UAE in reducing its carbon emissions and embracing sustainable practices. The ground-breaking announcement was made at the prestigious 10th National Climate Ambition Dialogue, which was recently held under the patronage of Her Excellency Mariam...