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UAE calls for international political will to improve living conditions of disaster-stricken countries
Maktoum bin Mohammed receives Lord Mayor of London
Lord Mayor seeks further links with UAE
Khalifa Foundation dispatches 200 tonnes of assistance to Haiti
Emirates World Humanitarian Mobile Hospital continues providing medical services in Haiti
Mohammed bin Rashid orders to set up Common Trade Protection and Control Establishment in Dubai
UAE Minister Al-Shamsi underscored UAE, German support to women
Central Bank issues commemorative coin on SCA's 10 anniversary
Dubai Financial Market welcomes high-level financial delegation from London
RAKBANK achieves solid growth in 2009 profits
UAE's DPG becomes member of UN Global Compact
Dubai Department of Economic Development issued 11,635 licences in 2009
Inflation in UAE hits nine-year low
etisalat debuts Collect Call service in the UAE
Abu Dhabi plans tender for US$2bn power plant
Abu Dhabi Aviation lifts earnings
UAE issues worker's rights and duties booklet
Abu Dhabi to get new street signs
Abu Dhabi launches waste disposal system

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Todays News Headlines

UAE calls for international political will to improve living conditions of disaster-stricken countries
posted on 08/02/2010

New York - The United Arab Emirates has called for the International Political Will to promote the concept of social inclusion and improve the living conditions of families and individuals in poor countries affected by natural disasters and armed conflicts. Naji Al Hai Mubarak, Executive Director of Social Development in the Ministry of Social Affairs, who heads the UAE delegation participating in the 48th session of the United Nations Commission for Social Development, currently being held at ...  >>MORE


Maktoum bin Mohammed receives Lord Mayor of London
posted on 08/02/2010

Deputy Ruler of Dubai and Chairman of the Dubai International Financial Centre H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum received yesterday Lord Mayor of London Nick Anstee. They discussed global financial and economic situation and the positive developments that have led to easing of the global financial downturn. They also reviewed means to strengthen cooperation between the DIFC and London's finance and business centre. - Emirates News Agency, WAM ...  >>MORE


Lord Mayor seeks further links with UAE
posted on 08/02/2010

The Lord Mayor of the City of London Nick Anstee is leading a major business delegation to the United Arab Emirates (7-9 February 2010) as part of a longer visit to the Gulf region. While on the visit Mr. Anstee will underline the UK's commitment to the UAE and the Gulf and highlight investment opportunities between both regions, the City of London said in a press release. Lord Mayor Nick Anstee said: "London remains a leading financial centre and although events over the past year have ...  >>MORE


Khalifa Foundation dispatches 200 tonnes of assistance to Haiti
posted on 08/02/2010

Santo Domingo - The Khalifa bin Zayed Al Nahyan Charity Foundation sent yesterday a convoy of humanitarian assistance as part of its aid programme targeting quake victims in Haiti. A Foundation press release said the 7 truck convoy, which carries 200 tonnes of relief, food and medical supplies, is part of the second phase of the Foundation's relief programme instructed by UAE President H.H. Sheikh Khalifa bin Zayed Al Nahyan. The UAE president ordered delivery of urgent humanitarian ...  >>MORE


Emirates World Humanitarian Mobile Hospital continues providing medical services in Haiti
posted on 08/02/2010

Port-au-Prince - The Emergency Response Unit at the Emirates World Humanitarian Mobile Hospital has given medical and health services to over 100 sick and wounded people on the second day of its launch in Haitian capital, Port-au-Prince. The mobile hospital has attracted a lot of patients who came from various areas of the capital for treatment and free health care after the devastating earthquake that hit their country recently. The hospital has supplemented the role played by UAE Red ...  >>MORE


Mohammed bin Rashid orders to set up Common Trade Protection and Control Establishment in Dubai
posted on 08/02/2010

Vice President and Prime Minister of UAE and Ruler of Dubai HH Sheikh Mohammed bin Rashid Al Maktoum has ordered to set up an establishment for the protection and control of common trade in Dubai. The order was issued during an inspectional field visit paid by Sheikh Mohammed to the headquarters of the Dubai Department of Economic Development yesterday. Sheikh Mohammed tasked the Executive Council of Dubai to take necessary measures to implement the order for setting up establishment. Once ...  >>MORE


UAE Minister Al-Shamsi underscored UAE, German support to women
posted on 08/02/2010

Berlin - Germany's University of Osnabruk hosted UAE Minister of State Maitha Al-Shamsi as a speaker at the ProfessionElle 2010, a specialised meeting on women and professions aimed at supporting women in the field of science and technology. In her speech, the minister conveyed the goodwill messages from our President, His Highness Sheikh Khalifa bin Zayed Al-Nahayan and His Highness the Vice President and Prime Minister and the Ruler of Dubai, Sheikh Mohammed bin Rashid Al-Maktoum, who have ...  >>MORE


Central Bank issues commemorative coin on SCA's 10 anniversary
posted on 08/02/2010

The Central Bank of the UAE issued a commemorative silver coin on the occasion of the 10th anniversary of Emirates Securities and Commodities Authority (SCA). "With an alloy of 92.5 % silver and 7.5% cooper, the face of the 40 mm diameter and 40 weight gm depicts the portrait of UAE President H.H. Sheikh Khalifa bin Zayed Al Nahyan and the denomination while the back depicts the logo of the occasion,' a bank press release said. The issue size is 2000 coins, according to the release. - ...  >>MORE


Dubai Financial Market welcomes high-level financial delegation from London
posted on 08/02/2010

Dubai Financial Market (DFM) welcomed yesterday a high-level financial delegation from London. The visit is aimed at strengthening financial and investment relations, and is part of an orientation tour that will also take the delegation to Abu Dhabi and Doha. The delegation was received by Hassan Al Serkal, Chief Operating Officer, Dubai Financial Market and Jeff Singer, Chief Executive Officer, Nasdaq Dubai, in addition to top management representatives from Dubai Financial Market and Nasdaq ...  >>MORE


RAKBANK achieves solid growth in 2009 profits
posted on 08/02/2010

RAKBANK has reported a net profit of Dh726.15 million for 2009 reflecting a 14.2% growth in profits compared to the previous year. The Bank achieved this strong level of growth despite adverse market conditions with the Personal Banking portfolio growing in line with the Bank's targeted expansion. "The operating environment in 2009 was probably the most difficult the Bank has ever faced" said Graham Honeybill, General Manager. "Liquidity issues which materialised at the end of 2008 continued ...  >>MORE


UAE's DPG becomes member of UN Global Compact
posted on 08/02/2010

Dubai Properties Group (DPG), a member of Dubai Holding, yesterday announced it has become a member of the United Nations Global Compact (UNGC), an initiative that encourages businesses worldwide to adopt sustainable and socially responsible policies. With the UNGC membership, Dubai Properties Group joins an elite list of over 5,500 business participants and other stakeholders from more than 130 countries. Launched in July 2000, the UN Global Compact acts as a policy platform and a practical ...  >>MORE


Dubai Department of Economic Development issued 11,635 licences in 2009
posted on 08/02/2010

The Dubai Department of Economic Development (DED) announced that the Dubai's economic activities in 2009 continued to surge, highlighting the investors' trust in the economic opportunities available in the emirate and the UAE. The DED issued 11,635 licences for various businesses in 2009. The majority of these were issued in the commercial sector recording a 76 per cent increase, followed by the professional sector (22 per cent), industrial (one per cent) and tourism (one per cent). The DED ...  >>MORE


Inflation in UAE hits nine-year low
posted on 08/02/2010

The UAE inflation hit a nine-year low of 1.5 per cent in 2009, in line with forecasts, as prices returned to a downward path in December due to a fall in the household category, preliminary data showed yesterday. The global financial crisis ended an oil- and real estate-fuelled boom in the Gulf, depressing consumer prices from record peaks set in 2008, with some countries such as the UAE experiencing temporary deflation in 2009. The UAE's consumer prices fell 0.4 per cent on an annual basis in ...  >>MORE


etisalat debuts Collect Call service in the UAE
posted on 08/02/2010

etisalat customers and telephone users in the UAE can now enjoy etisalat's newly introduced and innovative 'Collect Call' service, conveniently designed to make it easier for customers to connect with friends and family with calls charged to the call receiver. etisalat Collect Call service can be used when it is simply preferable for the receiver to pay for the call. The Collect Call Service has been designed so that callers can make direct voice contact with etisalat customers anywhere in ...  >>MORE


Abu Dhabi plans tender for US$2bn power plant
posted on 08/02/2010

Abu Dhabi plans to invite firms in March to submit proposals to build a 1,600 megawatt power plant worth about US$2 billion (Dh7.34bn), a government official said yesterday, as the emirate looks to meet tripling demand by 2020. Water and electricity demand in Abu Dhabi is expected to rise seven to eight per cent a year over the next five years. Demand is growing quickly as the world's third-largest oil exporter builds infrastructure and industry to diversify away from dependence on ...  >>MORE


Abu Dhabi Aviation lifts earnings
posted on 08/02/2010

Abu Dhabi Aviation rebounded strongly from last year's loss of a key local helicopter contract as it reported a 20.8 per cent jump in its annual earnings on higher-margin foreign leases of aircraft. The company, which is the largest helicopter operator in the Middle East and holds stakes in other aviation firms, underwent a restructuring programme, including making redundant 140 staff – or 15 per cent of its workforce – last year after Abu Dhabi Marine Operating Company took a large part of ...  >>MORE


UAE issues worker's rights and duties booklet
posted on 08/02/2010

A multilingual booklet "The Worker: Rights and Duties” was released by the Office of the Deputy Prime Minister and Minister of Interior. Lt. Colonel Salah Al Gul, Director of Office of Culture of Respect for Law, the first worker's pocket book will be issued in six languages: Arabic, English, Filipino (Tagalog), Persian, Chinese and Urdu, and would be distributed to all federal government departments, concerned NGOs, labour accommodations, and media outlets. He indicated that the booklet ...  >>MORE


Abu Dhabi to get new street signs
posted on 08/02/2010

New, clear and consistent street signs are being planned by the Department of Municipal Affairs, the three municipalities and selected government entities. The project team met to frame guidelines for creating a street signage manual that will empower the three municipalities to implement their respective Addressing System Projects. Efficient "Finalising the addressing system and street signage standards is the key step in achieving a unified addressing system across the emirate of Abu Dhabi. ...  >>MORE


Abu Dhabi launches waste disposal system
posted on 08/02/2010

The second phase of the electro-hydraulic underground waste collection system was launched by the Centre of Waste Management — Abu Dhabi in Al Khalidiya on Sunday. Replacing the existing bins, the system will eliminate odours, scavengers and litter around collection points, thus improving the aesthetics and ensuring a cleaner environment for residents, said Majid Al Mansouri, the centre's Managing Director. The new 20 cubic metre containers have a larger capacity which will reduce the number ...  >>MORE


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