Abu Dhabi / WAM The Abu Dhabi energy sector plays a pivotal role in driving the government’s smart transformation with an integrated plan to digitise all services it provides to customers, making them accessible from authorised digital platforms across the emirate. The energy sector boasts a solid digital infrastructure that enabled it to transfer most services to digital platforms, as ...
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UAE launches smart anti-money laundering system ‘Fawri Tick’
Abu Dhabi / WAM In its continuous efforts to eliminate risks of financial crimes in the UAE, the National Committee for Combating Money Laundering and the Financing of Terrorism and Illegal Organisations announced in its sixth meeting, the launch of ‘Fawri Tick ’, a smart system developed by the Federal Authority for Nuclear Regulation (FANR). “‘Fawri Tick’ is under the ...
Read More »Souq Al Haraj sees 99% continued occupancy rate
SHARJAH / WAM The management of Souq Al Haraj for Cars has announced that their occupancy rate has remained at 99 percent, despite the circumstances experienced by the global pandemic. This reflects the strength of Sharjah’s investment landscape and underlines the success of Sharjah Asset Management – which oversees its management- in developing the various procedures, services and facilities offered ...
Read More »RTA, Trakhees ink deal to strengthen cooperation
DUBAI / WAM Dubai’s Roads and Transport Authority (RTA) and the Department of Planning and Development – Trakhees at the Ports, Customs and Free Zone Corporation announced the signing of a Memorandum of Understanding (MoU) to streamline the process of issuing permits of lands impacted by the Rail Protection Zone of Route 2020. CEO of Rail Agency Abdul Mohsen Ibrahim ...
Read More »Dubai and Canada discuss post-Covid economic recovery
Dubai / WAM The Dubai Chamber of Commerce and Industry and the Consulate-General of Canada in Dubai discussed opportunities in areas such as digitalisation, logistics, e-commerce, life sciences and sustainable technologies, via videoconference. The meeting, which was chaired by President and CEO of Dubai Chamber of Commerce and Industry Hamad Buamim and Consul-General of Canada in Dubai Jean-Philippe Linteau, highlighted ...
Read More »Jebel Ali Port welcomes one of world’s largest container ships on maiden visit
DUBAI / WAM DP World’s flagship Jebel Ali Port has welcomed HMM GDANSK, one of the world’s largest container vessels, which is now on the return leg of her maiden international voyage between the Far East and Europe. Jebel Ali is the only port in the Arabian Gulf region connected to the arterial FE3 (Far East 3) loop with the ...
Read More »DIFC’s Gate Avenue gets LEED Gold certification
Dubai / WAM The Dubai International Financial Centre’s (DIFC) Gate Avenue has been awarded the prestigious LEED (Leadership in Energy and Environmental Design) Gold accreditation from the US Green Building Council and Green Building Certification Inc. Gate Avenue was awarded the LEED certification for successfully fulfilling the prerequisites and credits across nine measurements for building excellence from integrative design to ...
Read More »Egypt in talks to sell extra power
Bloomberg Egypt has begun talks over plans to sell electricity to Europe and Africa, pressing its advantage as a producer of cheap renewable energy in a bid to become a regional export hub, the head of its sovereign wealth fund said. The nation, which has a surplus of electricity, sees unspecified “power-hungry†countries to the north as possible customers, according ...
Read More »Actis eyes Africa power projects after $1b funding
Bloomberg London-based private-equity firm Actis is looking at African energy projects to add to the $1 billion it has already invested in the sector on the continent. “We’re seeing some new opportunities that we’ve not yet approved,†Neil Brown, a partner and head of the Investor Development Group at Actis, said in an interview. Investments will probably be spread across ...
Read More »China’s dam-building is harming Mekong river
Bloomberg The Mekong is one of Asia’s most important rivers, supporting 60 million people in Southeast Asia. But for the second consecutive year, the lower Mekong basin has hit a record low water flow, affecting irrigation, rice production and fisheries, all vital to the region’s food security. The drought has also damaged habitats for turtles, reptiles and other critically endangered ...
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