Abu Dhabi / WAM The Ministry of Human Resources and Emiratisation announced the start of mid-day break for labourers at project, construction sites from 12:30 until 15:00 from June 15 to September 15. An administrative fine will be imposed on establishments that violate midday break amounting to AED5,000 for each worker and a maximum of AED50,000 in case multiple ...
Read More »Admin
Sharjah sees AED6bn in realty deals in Q1 2022
Sharjah / WAM Abdulaziz Ahmed Al Shamsi, Director-General of the Sharjah Real Estate Registration Department, said that Sharjah’s real estate sector is seeing considerable growth, thanks to the great support shown by HH Dr Sheikh Sultan bin Muhammed Al Qasimi, Supreme Council Member and Ruler of Sharjah. In his statement to the Emirates News Agency (WAM), Al Shamsi noted ...
Read More »FAB provides registered entities of ADGM preferential banking services
Abu Dhabi / WAM Abu Dhabi Global Market (ADGM) and First Abu Dhabi Bank (FAB) have signed a memorandum of understanding (MoU) to further support the growth needs of the commercial and financial community in Abu Dhabi. The MoU aims to increase collaboration between ADGM and FAB and initiate preferential banking services, such as fast and efficient bank account ...
Read More »Financial access key driver to economic recovery: EDB
Dubai / WAM Ahmed Mohamed Al Naqbi, Chief Executive Officer of Emirates Development Bank (EDB), has called on the local and regional banking community to increase access to corporate finance and accelerate the UAE’s economic recovery. Speaking on the opening day of Bonds, Loans & Sukuk Middle East 2022, Al Naqbi highlighted the role of financial markets in driving ...
Read More »Arada unveils 3rd phase of Masaar project in Sharjah
Sharjah / WAM Arada has launched Robinia, the third phase of its Sharjah woodland community Masaar. The launch of the 565 villas and townhouses in Robinia has been brought forward after the first two residential phases at Masaar both sold out. Valued at AED8 billion and containing 4,000 homes spread over eight gated districts, all linked by a “green ...
Read More »Dewa builds 3 new reservoirs to enhance water security in Dubai
Dubai / WAM Dubai Electricity and Water Authority (Dewa) is increasing the storage capacity of desalinated water in Dubai to enhance water security. Dewa is building three water reservoirs in different parts of Dubai. The water reservoirs will include one in the Nakhali area with a storage capacity of 120 MIG and investments totalling AED287.8 million, one in the ...
Read More »Arada unveils 3rd phase of Masaar project in Sharjah
SHARJAH / WAM Arada has launched Robinia, the third phase of its Sharjah woodland community Masaar. The launch of the 565 villas and townhouses in Robinia has been brought forward after the first two residential phases at Masaar both sold out. Valued at AED8 billion and containing 4,000 homes spread over eight gated districts, all linked by a “green ...
Read More »UAE delegation to explore prospects for enhanced cooperation with Morocco
ABU DHABI / WAM A high-level UAE delegation headed by Abdullah bin Touq Al Marri, Minister of Economy, will be visiting the Kingdom of Morocco on Thursday to explore prospects for enhanced cooperation in the next phase. The meetings will also help explore promising investment opportunities in the markets of the two countries and strengthen them during the next ...
Read More »NHRI, UAEU discuss enhancing cooperation
ABU DHABI / WAM Maqsoud Kruse, Chairperson of the National Human Rights Institution (NHRI), and a delegation from the United Arab Emirates University (UAEU), discussed enhancing cooperation in scientific research, developing curricula and empowering students in the field of human rights. The UAEU delegation was headed by Prof Dr Ahmed Ali Murad, Associate Provost for Research at UAEU. During ...
Read More »Khawla Art and Culture hosts ‘A Vibrant Land’ exhibition
ABU DHABI / WAM Khawla Art and Culture is hosting an exhibition titled “A Vibrant Land”, showcasing the work of professional Emirati photographer and documentary filmmaker Ali bin Thalith. Running until June 16, the exhibition is showcasing the wildlife scenes photographed by Ali bin Thalith. Sheikha Khawla bint Ahmed Khalifa Al Suwaidi, Founder of Khawla Art and Culture and ...
Read More »