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UAE banks lead Gulf peers with $748bn assets in H1 - Dotemirates

UAE banks lead Gulf peers with $748bn assets in H1

Abu Dhabi / WAM The UAE banking sector has continued to top other GCC counterparts in terms of assets value during H1 2018, with a total value of AED2.7 trillion ($748 billion), a growth of2 percent compared to the end of 2017.According to industry experts, the UAE banking sector’s leading edge corroborates the robust financial solvency it enjoys given the open financial and economic policy being adopted by the country, which resulted in encouraging many international financial institutions to invest in this sector.The Saudi banking sector came second with a total asset value of $617 billion in H1 2018 followed...


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UAE News

UAE Ambassador attends international exhibition 'Education and Sports in the Epoch of Power and Happiness'.

11/14/2018​Hassan Abdullah Al Adhab, UAE Ambassador to Turkmenistan, has attended the international exhibition and conference 'Education and Sports in the Epoch of Power and Happiness'.In attendance also were a number of Turkmen officials and heads of foreign diplomatic missions
1 hour 41 minute

UAE developing government work, improving nation’s capabilities: UAQ Ruler

UMM AL QAIWAIN, 14th November, 2018 (WAM) -- H.H. Sheikh Saud bin Rashid Al Mu'alla, Supreme Council Member and Ruler of Umm Al Qaiwain, stated that the UAE is developing its government work and improving the nation’s capabilities. ''These efforts aim to serve the community, prepare for the future, and achieve comprehensive sustainable development, to ensure that the country reaches an advanced stage of development, achieve a leading quality of life, and make it one of the world’s leading countries,'' he added. He made this statement during a meeting, with the attendance of H.H. Sheikh Rashid bin Saud bin Rashid...
1 hour 41 minute

UAE presents its conservation model at Paris Peace Forum

PARIS, 14th November, 2018 (WAM) -- Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance, has participated in the Paris Peace Forum, which concluded on Wednesday and attended by heads of state and government as well as other representatives of international organizations from 72 countries. An initiative of French President Emmanuel Macron, the three-day event is a new annual platform based international cooperation as a key to tackling global challenges and ensuring durable peace. The UAE pavilion in the event has drawn appreciation from participants for highlighting challenges facing the environment and its impact on global food security. The UAE...

1 hour 45 minute

WAM monitors Houthi destruction of May 22 School in Hodeidah

HODEIDAH, 14th November, 2018 (WAM) -- The Iran-aligned Houthi militia has bombed the 22 May School at Al Jah area in the Bayt al-Faqih District of Hoedidah Governorate in revenge of the civilians, who are totally rejecting their scorched earth policy. Emirates News Agency, WAM, has monitored the complete destruction of the school by the rebels following their repeated defeats at the hands of Yemeni resistance forces. Eye witnesses told WAM that the Houthi rebels had perpetrated this criminal act to deny Yemen's children their right to education. The malicious act, they said, exposed the ugly face of the Houthi...
1 hour 47 minute

Mohamed bin Zayed receives Yemeni Congregation for Reform leaders

ABU DHABI, 14th November, 2018 (WAM) -- His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received today Mohammed Abdullah Al Yadoumi, Chairman of the Higher Committee of the Yemeni Congregation for Reform, and Abdul Wahab Al Ansi, Secretary General of the Congregation. While discussing with the Yemeni politicians the latest developments in Yemen and exchanging views on a host of issues, His Highness Sheikh Mohamed bin Zayed reiterated the UAE's commitment to supporting ongoing efforts aimed at helping the Yemeni people to restore security and stability...
1 hour 49 minute

UAE Ambassador attends international exhibition 'Education and Sports in the Epoch of Power and Happiness'

ASHGABAT, 14th November, 2018 (WAM) -- Hassan Abdullah Al Adhab, UAE Ambassador to Turkmenistan, has attended the international exhibition and conference 'Education and Sports in the Epoch of Power and Happiness'. In attendance also were a number of Turkmen officials and heads of foreign diplomatic missions.