The Central Bank of the UAE (CBUAE) and the Dubai Courts have signed a Memorandum of Understanding (MoU) aimed at linking electronic services related to the execution of judgments, orders, and decisions issued by the Dubai Courts through the Central Bank's court cases management system.
Author: UAEPress_Admin
Post
Post
Gross banks’ assets saw AED418 billion YoY increase in May 2024: CBUAE
Gross banks’ assets, including bankers’ acceptances, rose by over 10.8 percent year-on-year (YoY), equivalent to AED418.1 billion, reaching AED4.287 trillion, compared to AED3.869 trillion in May 2023, according to the May figures issued by the Central Bank of the UAE (CBUAE).
Post
Vertiv, Gulf Data Hub partner to deploy 16MW data centre in Dubai Silicon Oasis
Vertiv, a global provider of critical digital infrastructure and continuity solutions, and Gulf Data Hub (GDH), a leader in colocation services and data centre solutions, announced details surrounding their transformational multi-year data centre collaboration project at a facility dedicated to advancing biotechnological research and renewable energy generation in Dubai, UAE.
Post
Under directives of UAE President, UAE dispatches aid plane to Philippines in response to Typhoon Carina
Following the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan and as part of the UAE’s continuous humanitarian efforts to support all countries during times of need, the UAE has dispatched a plane carrying relief aid to the Philippines in response to landslides and floods caused by Typhoon Carina, which resulted in loss of life and severe damage to property.
Post
Zayed Higher Organisation to establish food collection and distribution centres, employ People of Determination
The Zayed Higher Organisation for People of Determination has signed a Memorandum of Understanding (MoU) with Fresh on Table to create centres for collecting, storing, and distributing fruits, vegetables, fish, poultry, dairy products, honey, and other animal products.
Post
Ajman DED concludes ‘Future Trader’ programme
The Department of Economic Development in Ajman (Ajman DED) has concluded the activities of the "Future Trader" programme, which involved 20 young students.
Post
Digital Dubai approves measures to implement strategic vision for AI-powered data centre economy
Digital Dubai, in cooperation with its partners in the government and private sectors, has begun taking practical measures to implement the Strategic Vision for the Data Centre Economy in Dubai.
Post
Fatima bint Mubarak Ladies Sports Academy signs agreement with Abu Dhabi Racket Club
The Fatima bint Mubarak Ladies Sports Academy has signed an agreement with the Abu Dhabi Racket Club to boost community collaboration and align efforts towards mutual objectives.
This partnership aims to share expertise in racket sports, enhance the organisation and development of these sports within the community, and encourage broader community participation.
The agreement will strengthen cooperation and support existing strategic partnerships, combining efforts in sports and health for a positive social impact. Both parties are committed to ongoing collaboration based on legal foundations, defining mutual goals and areas of focus.
In his statement, Talal Mustafa Al Hashemi, Board Member of the Fatima bint Mubarak Ladies Sports Academy, said that the initiative aims to foster sports excellence and offer Emirati women the environment to develop, compete, and gain valuable experience. This vision aligns with the guidance of H.H. Sheikha Fatima bint Mubarak, Chairwoman of the General Women's Union, President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation.
Post
ECI, IDB sign cooperation agreement to support ‘Xport Xponential’ initiative
Etihad Credit Insurance (ECI), the UAE Federal export credit company, signed a cooperation agreement with the International Development Bank (IDB), the largest banking network in Iraq, to support the ‘Xport Xponential’ initiative.
Post
June air cargo demand surges 14.1%: IATA
The International Air Transport Association (IATA) released data for June 2024 global air cargo markets showing a 14 percent year-on-year (YoY) growth in total demand, measured in cargo tonne-kilometres (CTKs).