Dubai / Emirates Business Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (Measa) region signed a Memorandum of Understanding (MoU) with Etisalat, the leading emerging markets telecommunications provider. The agreement was signed between Arif Amiri, Chief Executive Officer of DIFC Authority and Salvador Anglada, Group Chief Business Officer of Etisalat. ...

Abu Dhabi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has sent a congratulatory message to Indian President Ram Nath Kovind on the occasion of his country’s Independence Day, which is celebrated on August 15. His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President and Prime Minister of the UAE and Ruler of Dubai, and His ...

Abu Dhabi / Emirates Business Watania’s net profit jumps to AED16.6 million during the first six months of 2020 from AED7 million as compared to the same period last year – a growth of 136%, declared Dr Ali Saeed Bin Harmal Al Dhaheri, Chairman of the Board of National Takaful Company. The lockdown imposed on account of the pandemic saw ...

Dubai / Emirates Business Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), the integrated free zone technology park, on Saturday announced the agenda for its upcoming Dubai Technology Entrepreneur Campus (Dtec) Forum. Scheduled to take place virtually on Tuesday, August 18, 2020, the event will explore future opportunities for forward thinking technology start-ups in the ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, visited the Covid-19 Command and Control Centre located at the Mohammed bin Rashid University of Medicine and Health Sciences on Saturday. HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai; HH Sheikh Ahmed ...

Dubai / WAM Mattar Mohammed Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA) announced that construction of the two model public bus stations at Oud Metha and Al Satwa had reached 77 per cent. He revealed that all construction works in both stations would be accomplished by the end of this ...

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) on Saturday said it carried out 77,640 additional Covid-19 tests in the country over the last 24 hours, using the latest testing methods. The ministry said in a statement that the intense testing drive uncovered 283 new cases of various nationalities, who are all in a stable condition and ...

Bloomberg Wind and solar energy doubled its share of the global power mix over the last five years, moving the world closer to a path that would limit the worst effects of global warming. The sources of renewable energy made up nearly 10% of power in most parts of the world in the first half of this year, according to ...

Bloomberg Betting on growing demand to finance and support mini power plants, Schneider Electric SE said that it was partnering with investors to launch a new company focussed on microgrids for small and medium-sized US businesses. Investors led by Jeff Ubben’s new sustainable investment firm Inclusive Capital Partners and clean energy-focussed Huck Capital, will back the partnership. Having reliable, sustainable ...

Bloomberg Shale explorers parked more drilling rigs in the US this week as stagnant oil prices push the industry to extend a historic retrenchment. The number of active oil rigs in US fields fell by 4 to 172, according to Baker Hughes data. That’s the lowest level of activity since 2005, before the shale boom kicked off. The worst may ...