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UAE envoy meets Pakistan's defence minister
Zayed Charity delegation arrives in Tanzania to conduct free heart surgeries
UAE's efforts to diversify national income underway
UAE takes part in WHO subcommittee meetings in Cairo
Saqr Ghobash hails holding of GCC Days in Madrid
Banks in UAE enjoy strong financial position - UAE Central Bank
New legal edict on patent protection in UAE
Pollution control plan for UAE on cards
TRA allows operators to drop prices
Abu Dhabi's media free zone opens on Sunday
Industrialists, developers and investors praise "Emirates Industrial City"
Foreign investors purchased Dh 2.215 billion worth of shares on DFM last week, sold Dh 2.786 billion
Dubai's Zabeel Investments eyes Charlton Athletic football club
Quarry neighbours relocated
Schools will teach pre-teens martial arts
MEIFF 2008 rolls out the red carpet
Abu Dhabi teams with National Geographic on films
Detailed design phase of art museum begins

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UAE envoy meets Pakistan's defence minister
posted on 12/10/2008

Ali Saif Sultan Al Awani, UAE Ambassador To Pakistan, met in Islamabad yesterday with Chowdhary Mukhtar Ahmed, Pakistani Defence Minister and conveyed to him greetings of Vice President and Prime Minister of UAE and Ruler of Dubai H.H. Sheikh Mohammed bin Rashid Al Maktoum and General H.H. Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. The meeting also discussed bilateral relations and ways to enhance them. Chowdhary said his ...  >>MORE


Zayed Charity delegation arrives in Tanzania to conduct free heart surgeries
posted on 12/10/2008

A charity delegation consisting of cardiac surgeons from UAE and other countries has arrived in the Tanzanian capital of Dar es Salam to conduct free heart surgeries for hundreds of patients here. The delegation sent by the Zayed Charity Initiative will perform open-heart surgeries for those who are not able to incur the expenses of it due to poverty. There are several men, women and children in Tanzania who silently suffer the fatal disease due to lack of resources to treat it. Zayed Charity ...  >>MORE


UAE's efforts to diversify national income underway
posted on 12/10/2008

The UAE is making efforts to further diversify its income sources and avoid being fully dependant to maintain sustainable economic and social development, according to a statement by the UAE delegation to the United Nations General Assembly Second Committee. "The UAE views sustainable development as the best way to provide stability and security for all peoples of the world ... and is urging for the adoption and implementation of all relative international resolutions and recommendations", said ...  >>MORE


UAE takes part in WHO subcommittee meetings in Cairo
posted on 12/10/2008

UAE Health Minister HE Humaid Al Qatami, has said the UAE delegation is presenting papers on the national health achievements, including eradication of polio, flaccid paralysis and malaria at the activities of the Regional Committee of the East Mediterranean countries of the World Health Organisation (WHO) in Cairo. The Committee is discussing a number of health issues in the Mediterranean basin, on top reviewing health reports on new epidemics threatening the world. He added that the UAE has ...  >>MORE


Saqr Ghobash hails holding of GCC Days in Madrid
posted on 12/10/2008

Labour Minister and Chairman of National Media Council (NMC) HE Saqr Ghobash, has stressed significance of the UAE participation with high level, including officials and experts, in the Gulf Cooperation Council (GCC) days in Spanish capital Madrid, from Oct. 13-15. He told Emirates News Agency (WAM) in a statement that the step taken by the external media department at the NMC to coordinate the participation of the UAE in the event, "is an important step towards boosting cultural, economic and ...  >>MORE


Banks in UAE enjoy strong financial position - UAE Central Bank
posted on 12/10/2008

The Governor of the UAE Central Bank HE Sultan Bin Nasser Al Suwaidi asserted that the national and foreign banks in UAE enjoy a strong financial position. In press statement, the Central Bank said that the ownership of deposits is distributed in such a way that the citizens own 75pc of the depostis, while the Arab nationals and the other nationalities own 8pc and 17pc respectively. Also banks financing from the European Commercial Paper issues (ECP) and Medium-Term Notes (MTN) to the total ...  >>MORE


New legal edict on patent protection in UAE
posted on 12/10/2008

The legal period of protection valid for a patent will be ten years in UAE, the Legislation and Legal edicts directorate has resolved. Giving its opinion on an issue raised by a government authority, the Directorate affiliated to the Ministry of Justice said that the Law No. 17 (Year 2002) nullified the previous Federal Law No.44 (Year 1992), which stipulated a validity period of five years on protected patents. The Directorate also resolved that if an application for patent protection was ...  >>MORE


Pollution control plan for UAE on cards
posted on 12/10/2008

A pollution control plan is on the anvil and will be submitted to the Federal National Council for approval before the end of the year, according to Minister of Environment and Water Dr Ahmed bin Fahad. "Under the plan, modern equipment and systems for controlling oil pollution and monitoring beaches, seaports and regional waters will be made available,'' he said. The minister made these remarks during a visit to the Fujairah Municipality where he was received by its director Mohammed Saif Al ...  >>MORE


TRA allows operators to drop prices
posted on 12/10/2008

The Telecommunications Regulatory Authority has announced that telecom operators in the country will now be able to drop prices for competition. TRA Director-General Mohamed Nasser Al Ghanim said: "The TRA has made several improvements to its Price Control Regulatory Policy and Procedure. Now, the service providers can request a fast track review of certain prices to enable them to react to rapidly changing market demands. "Bringing new prices to the market faster facilitates telecommunication ...  >>MORE


Abu Dhabi's media free zone opens on Sunday
posted on 12/10/2008

A mega media park will be launched today to "create content by Arabs for Arabs," according to a senior executive. "Abu Dhabi has the opportunity of becoming a creative hub for the media as well as arts and culture," Tony Orsten, CEO of the Abu Dhabi Media Park, told Gulf News. He said in five to 10 years, there will be a broad media industry in the UAE capital. "Production companies, editing and content will be made here not because it is cheaper than Cairo or Beirut, but because the quality ...  >>MORE


Industrialists, developers and investors praise "Emirates Industrial City"
posted on 12/10/2008

Emirates Industrial Cities Company has attracted a large audience to its leading project, Emirates Industrial City, at Cityscape Dubai 2008, which is currently being held at Dubai International Exhibition and Convention Center. Various investors and economic experts expressed their admiration and appreciation for the high standards the project is showing towards establishing fully integrated and specialized economical cities in the UAE. According to Sheik Abdullah bin Fahid Al Shakrah, Chairman ...  >>MORE


Foreign investors purchased Dh 2.215 billion worth of shares on DFM last week, sold Dh 2.786 billion
posted on 12/10/2008

Dubai Financial Market announced yesterday that the value of shares bought by foreign investors, or non-UAE nationals, during last week (October 5 - 9) reached Dh 2.215 billion comprising 41.2 per cent of the total value of stocks traded during the period. The value of stocks sold by foreign investors during the same period reached Dh 2.786 billion comprising 51.8 per cent of the total value of stocks traded during the period. Net foreign investment on the market reached Dh 571.6 million during ...  >>MORE


Dubai's Zabeel Investments eyes Charlton Athletic football club
posted on 12/10/2008

Dubai's Zabeel Investments has offered to acquire prestigious English football club Charlton Athletic. Zabeel had been looking at an opportunity to invest in a leading English football club and had been monitoring the situation at Charlton Athletic closely, the club said on its website on Friday. The board of Charlton Athletic said the indicative cash offer is subject to a number of preconditions however "it is at a level at which, should the offer be made formally to shareholders, the board ...  >>MORE


Quarry neighbours relocated
posted on 12/10/2008

People living close to dust-emitting quarries in Fujairah are being moved away and compensated for the loss of land and stock as officials vigorously implement new federal environmental regulations. Authorities in Fujairah have twice shut down all the emirate's quarries and rock crushers recently to counter heavy accumulations of dust during periods of severe heat and humidity. Sheikh Mohammed bin Hamad, the Crown Prince of Fujairah, visited six quarries and cement plants this week and said ...  >>MORE


Schools will teach pre-teens martial arts
posted on 12/10/2008

Compulsory jiu-jitsu lessons for more than 3,000 children aged nine to 12 begin today in public schools as part of a Government initiative to find future international champions. Two 50-minute lessons of Brazilian jiu-jitsu per week will become part of the curriculum at 14 public schools. The number of participating schools is expected to double next year. Children who show exceptional talent will be selected for training to turn them into world-class fighters. Sixteen coaches have been hired ...  >>MORE


MEIFF 2008 rolls out the red carpet
posted on 12/10/2008

The second edition of the Middle East International Film Festival (MEIFF) was officially opened on Friday at the Emirates Palace in Abu Dhabi with a multicultural star-studded red carpet affair and Opening Night gala presentation of The Brothers Bloom by director Rian Johnson. "Abu Dhabi shone in the spotlight at MEIFF's official opening last night, and it's our aim to continue this focus on the nation's capital as the centre stage of the region's film industry," said MEIFF's Vice Chairman and ...  >>MORE


Abu Dhabi teams with National Geographic on films
posted on 12/10/2008

A film production arm recently set up by the government of Abu Dhabi said on Saturday it is teaming with National Geographic to make movies. National Geographic Entertainment and Imagenation Abu Dhabi said they will spend US$100 million to produce 10 to 15 films over the next five years. Each film will have a budget of between US$5 million and US$60 million. The aim, the companies said, is to make movies "that focus on people's relationship to the world, their environment and each other." "At ...  >>MORE


Detailed design phase of art museum begins
posted on 12/10/2008

The concept design of the new Museum of Middle East Modern Art is now getting into the detailed design phase, according to Injaz. "The project is on the fast track for completion but no official dates have been announced," said Rashid Al Awadhi, Director, Injaz. The project mandate came from His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of UAE and Ruler of Dubai, who wanted a regional hub for art, he said. "Due to the major developments in region, there ...  >>MORE


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