The majority of the group’s profit came from banking and financial services, oil and gas, and aluminium production while transportation reduced its losses despite ongoing Covid-19 travel restrictions.
Business1 hour ago
In remarks during a meeting with natives of the Western Region here yesterday Shaikh Khalifa assured his audience that new projects encompassing the sectors of real-estate, tourism and services would be executed in the Western Region in accordance with new concepts of development.
These projects, he said, would be implemented in a manner that would add value to the national economy.
“The projects would bring new investment opportunities to citizens of the area”, he said.
After listening to the needs of the citizens, Shaikh Khalifa stressed the need to train the youth of the area so as to cope with the nature of projects that are being implemented.
With adequate training and skills, he said, the young men and women of the Western Region would be able to make creative initiatives in taking up opportunities availed by the new projects.
“Nowadays, it is not only cities that are attracting larger populations. New areas are also attracting investments, thanks to their competitive edge. The government would encourage any initiatives by the private sector to invest in these areas”, the President said.
For their part, the citizens of the Western Region expressed their happiness to have met with Shaikh Khalifa.
They hailed the opportunity given to them as quintessential of Shaikh Khalifa, whose leadership, they said, knows no barrier with the citizens.
They also hailed the fact that Shaikh Khalifa’s visit coincided with the launch of new projects in the Western Region.
The meeting was attended by General Shaikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, Shaikh Hazza bin Zayed Al Nahyan, National Security Adviser, and Lt-General Shaikh Saif bin Zayed Al Nahyan, Minister of Interior.
A number of other shaikhs and senior officials were also present.
Business1 hour ago
Parag Agrawal is an Indian-American technology executive who has served as Twitter's chief technical officer
Tech1 hour ago
Dua and his late wife had been admitted to a hospital in May after testing positive for Covid-19
Asia2 hours ago
This will be applicable to those who are vaccinated with Saudi-approved vaccines
Gulf2 hours ago
Stocks jumped more than 10 per cent at the opening bell
Markets2 hours ago
Countries around the world have imposed travel restrictions in an attempt to slow the spread of the virus
coronavirus2 hours ago
The 50 per cent discount offer is valid on all gold and selected diamond jewellery available across all the Joyalukkas UAE showrooms only
Business2 hours ago