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UAE
Dubai Customs seizes narcotics destined for Canada
Dubai Customs have aided Canadian authorities with the seizure of more than 547 kilograms of drugs destined for the country, Emirates News Agency reported on Sunday.
The narcotics were found in shipping containers originating from an…
UAE assumes Security Council presidency with vow to tackle ‘deep divisions, polarization’
The UAE will continue to play a constructive role in creating space for agreement and consensus on the many important issues facing the Security Council, the Gulf country’s UN ambassador pledged as she assumed the presidency of the…
UAE’s mandatory midday work break starts June 15
The UAE’s mandatory midday break for all outdoor workers will start on June 15, the 19th consecutive year the ban has been enforced to protect employees from the intense summer heat.
Working in open spaces and under direct sunlight is…
UAE’s in-country value projects driving billions to local firms
More than $27.23 billion has been redirected to the local economy since the UAE Ministry of Industry and Advanced Technology (MoIAT) and ADNOC launched major in-country value programs to support domestic industries.
Speaking at the Make…
Dubai ruler approves futuristic masterplan for Palm Jebel Ali
Sheikh Mohammed bin Rashid, UAE vice president and prime minister and ruler of Dubai, has approved a new futuristic development masterplan for Palm Jebel Ali, state news agency WAM reported on Wednesday.
Part of the Dubai 2040 Urban…
UAE’s Mirfa 2 RO plant achieves financial closure, raises $620m
Abu-Dhabi-based Mirfa 2 water desalination project has secured funding of 2.3 billion dirhams ($620 million), achieving financial closure of what will become the UAE’s third-largest reverse osmosis plant.
Abu Dhabi National Energy Co.,…
UAE launches AI-powered chatbot for government services
The UAE has launched the U-Ask platform, a unified AI-powered chatbot for government services, the Emirates News Agency reported on Tuesday.
The platform, which employs generative AI technology, enables users to access information about…
UAE banks’ profits surge 35% to $4.98bn in Q1: report
The UAE’s banking sector recorded a 35 percent growth in net profits to 18.3 billion dirhams ($4.98 billion) during the first quarter of 2023, reported global professional services firm Alvarez & Marsal.
This boost in profitability…
DP World launches partnership to get African business moving
Dubai-based DP World has teamed up with the largest bank in Africa by assets to offer new trade finance solutions, Emirates News Agency reported on Monday.
African businesses seeking trade finance will now be able to receive working…
UAE’s Dana Gas raises its foreign ownership limit to 100%
The UAE’s vision of strengthening its capital markets has become one step closer to reality as Sharjah-based energy company Dana Gas plans to raise its foreign ownership limit to 100 percent.
Listed on the Abu Dhabi market, the firm…