Breaking News and Latest News of UAE
DUBAI, Rashid Abdulla Al Qaseer, Deputy Director of MoFAIC’s Dubai Office, met with Kenan Zaher Al Deen, Consul-General of the Syrian Arab Republic, in Dubai and received his credentials.
Al Qaseer welcomed the Syrian Consul-General and hailed the political, economic, commercial and investment relations that bind the two friendly countries, wishing him success in his duties.
Source: Emirates News Agency
DUBAI, Dubai Cares, part of Mohammed Bin Rashid Al Maktoum Global Initiatives, is welcoming visitors from around the world to explore, experience and embrace the message that “The Future is Human”.
Powered by LG Electronics, the two-level Dubai Cares Pavilion located within the Opportunity District, takes visitors of all ages including children, youth and adults on an immersive journey through its various zones.
In addition to highlighting Dubai and the UAE’s journey before, during, and after education, each activity within these zones delivers a message about the importance of various stages of learning for children and culminates with an exciting glimpse into the future of education, skilling and work for youth and adults.
During October, the pavilion welcomed nearly 16,000 visitors from around the world.
Dr. Tariq Al Gurg, Commissioner General for the Dubai Cares Pavilion at Expo 2020 Dubai and CEO of Dubai Cares, said, “The Dubai Cares Pavilion has exceeded all expectations and is proving to be a magnificent showcase of what makes the UAE one of the most generous nations in the world. Following a couple of years of preparation and close cooperation with Expo 2020 Dubai as well as the amazing support we have received from our sponsors and partners, we are now excited to welcome the world to discover this story and take them on an enriching journey into the future of education, skilling and work.”
He added that every activity at the pavilion has been carefully designed to appeal to visitors of all ages in a fun-filled manner while also giving them a sneak peek into what lies ahead in the future.
Every visitor to the pavilion will discover the power of education in shaping Dubai Cares’ future as they engage in a series of enlightening experiences developed in partnership with industry-leading education experts from around the world. “Through it all, they will come to realise that while disruption is here to stay and transform our lives, the future is human and will always be,” Dr. Al Gurg added.
The ground level experience will leave visitors of all ages engaged in fun-based learning. Right from their arrival itself, guests will be treated to an enriching experience in “The Awakening” zone as they go on the UAE’s deeply inspiring journey into education. They will develop a deeper sense of admiration for the huge emphasis the country’s Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, placed on education as a building block for the nation’s sustainable growth and development throughout history.
In the “Dubai Cares Achievements” zone, visitors will then have the opportunity to learn more about the impact of the Dubai Cares movement and how it represents the people of the UAE who are known for their cultural, intellectual and social diversity, their shared values of respect, care and compassion and their collective commitment to transforming education globally.
Source: Emirates News Agency
DUBAI, Dubai Airshow 2021 will welcome members of the general public, including families and children to witness the daily flying display between 14th and 18th of November from the purpose-built Skyview Grandstand, at Dubai World Central, Al Maktoum International Airport.
Timothy Hawes, Managing Director at Tarsus Middle East said, “We are looking forward to welcoming members of the general public to watch and enjoy the spectacular flying display at the Airshow. The Skyview Grandstand guarantees a perfect view from right beside the runway and for aviation photographers – the perfect picture.”
The flying teams include Al Fursan, the United Arab Emirates Air Force aerobatic display team; Russian Knights by the Russian Air Force; Surya Kiran, the aerobatics demonstration team of the Indian Air Force; and the Saudi Falcons, a BAE Hawk-equipped Royal Saudi Air Force aerobatic team.
Visiting the Skyview Grandstand will be an exciting opportunity to some of the world’s most impressive military fighter jets and large commercial aircraft, reserved usually for people in the aviation industry.
Source: Emirates News Agency
DUBAI, Emirates will showcase its four-class configured A380 at Dubai Airshow 2021, which will run from 14th to 18th November.
The aircraft on display will feature the airline’s recently introduced Premium Economy Class cabin, in addition to refreshed interiors and enhancements across all cabins onboard its newest A380 aircraft.
Always a popular draw for aviation enthusiasts and trade visitors, Emirates’ latest generation Airbus A380 will be decorated with the unique ‘United Arab Emirates 50’ livery, celebrating the Golden Jubilee of the UAE.
H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority, and Chairman and Chief Executive of Emirates Airline and Group, said, “The Dubai Airshow has long been one of the most important events in the aviation and aerospace calendar. This year, all eyes will be on Dubai as the industry bounces back with global aviation and aerospace players reconvening in person to forge new partnerships and engage in strategic dialogue. The event will be seen as a bellwether for the industry’s pace of recovery, and a showcase for technologies that will drive its future progress. As a leading player in commercial aviation, Emirates will be setting the stage with its latest products and services on display, and engaging with its partners on various activities at the show.”
Source: Emirates News Agency
Dubai, Commercial Bank of Dubai (CBD), one of the leading banks in the UAE, has won the “Outstanding Innovation in Trade Finance” Award during the Global Finance’s Digital Banks and Innovators Awards ceremony held recently at Ritz Carlton Hotel – DIFC.
The award was received by Dr. Bernd van Linder, Chief Executive Officer, CBD and Abdul Rahim Al Nimer, General Manager, Corporate Banking.
The Global Finance Innovators awards recognize and celebrate the world’s preeminent Financial Services Organizations that are pioneering unrivalled standards and capabilities in their respective fields. The awards programs are globally acclaimed and co-judged by leading consultancies and reporters who are subject matter experts in Retail Banking, Private Banking, Transaction Banking, Investment Banking, Corporate Banking, Asset Management and Insurance, to ensure full transparency and an impartial assessment.
Upon receiving the award, Dr. Bernd van Linder, Chief Executive Officer of Commercial Bank of Dubai, commented: “We are honored that our innovative products and solutions in trade finance have been recognized by reputable industry experts. CBD has been instrumental in driving digital transformation and utilizing new technology to meet the needs of our clients, helping them enhance efficiency and improve processes. As we continue on our journey towards excellence, awards such as these will motivate us to continue enhancing our services to our customers and providing them with more innovative solutions.”
Ali Imran, Head of Transaction Banking & Wholesale Digital Services at CBD, said: “Innovative financial solutions are critical for corporates nowadays, as they leverage the most advanced banking technologies to provide them convenient and seamless banking experience, enabling them to easily execute banking transaction from the comfort of their offices. We will continue to ride the wave of disruption by providing innovative payment solutions as part of our ‘Default Digital’ strategy”.
CBD’s Trade Finance offering, the first of its kind in Middle East, provides both Buyer and Seller Led Supply Chain Finance solutions through a single portal for corporates. To ensure compliance with local data regulations, the solution has been deployed using Microsoft Azure’s UAE cloud. The platform is also capable of handling clients and their counterparts located anywhere across the globe as the KYC metrics will be customized according to respective country’s regulation requirements.
Source: Emirates News Agency
DUBAI, Within their efforts to develop cooperation and coordination with the foreign business groups in the country, Dubai Customs participated in a panel organised by the Italian Business Council on the future trends of exports and imports in the GCC.
Rashid Al Muhairi, Head of Customs Procedures Section at the Tariff and Origin Department, Dubai Customs delivered a presentation on the development of Dubai trade with Italy, which grew 81.7 percent in ten years to AED26.68 billion in 2020 from AED14.68 billion in 2010.
In the first half of 2021, trade with Italy grew 68.6 percent to AED15.84 billion from AED9.4 billion in the corresponding period in 2020.
Imports touched AED11.33 billion, exports recorded AED3.65 billion and re-exports totaled AED862 million.
Direct trade amounted to AED12.954 billion, whereas free zone trade totaled AED2.839 billion, and customs warehouse trade stood at AED46.683 million.
Airborne trade accounted for AED9.12 billion. Sea trade reached AED4.99 billion, while land trade weighed in at AED1.72 billion.
The initiatives that Dubai Customs developed in e-commerce were presented in the session. The Government Department has recently launched its Cross Border e-Commerce project.
The innovative platform utilises block chain technology to integrate and automate operations between Customs, Free Zones, logistics, and courier companies. It is the first of its kind in the region, and it aims to help the emirate become a global hub for e-commerce, and encourage e-commerce companies set their businesses in Dubai.
A number of specialists and experts in industry, export, financing exports and logistic services took part in the discussion panel.
Source: Emirates News Agency