DUBAI / WAM MSCI Inc, a leading provider of critical decision support tools and services for the global investment community, announced that Dubai Electricity and Water Authority PJSC (DEWA), the emirate of Dubai’s exclusive electricity and water services provider, which is listed on the Dubai Financial Market (DFM), is in the MSCI Emerging Markets Index, effective as of the market ...
Read More »ameer95
UAE’s Space Data Centre awarded ‘Future Fit’ Seal
DUBAI / WAM The UAE Space Agency is awarded the “Future Fit” Seal for its flagship Space Data Centre—an innovative national initiative that is revolutionising digital infrastructure to support the UAE’s space ambitions. This recognition is granted by the UAE Government Development and the Future Office to federal and local government projects, which enhances the UAE’s readiness for the future. ...
Read More »Abu Dhabi, Singapore explore collaboration in regulation of petroleum products trading
ABU DHABI / WAM As part of its ongoing efforts to enhance the regulatory framework governing the petroleum products sector, a delegation from the Abu Dhabi Department of Energy (DoE), headed by Dr Saif Saeed Al Qubaisi, Acting Director-General of Regulatory Affairs, undertook an official visit to the Republic of Singapore. The purpose of the visit was to explore leading ...
Read More »ADNOC Gas joins MSCI Emerging Markets Index
ABU DHABI / WAM ADNOC Gas plc and its subsidiaries on Wednesday announced that its shares have been selected for inclusion in the MSCI Emerging Markets Index after successfully meeting the MSCI’s established eligibility criteria. The inclusion will take effect on June 2. The MSCI Emerging Markets Index serves as a benchmark for the performance of prominent large and mid-cap ...
Read More »UAE leaders congratulate President of Paraguay on Independence Day
ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Santiago Pena of Paraguay on his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister ...
Read More »Aldar sells ‘Mamsha Gardens’ building for AED586mn
ABU DHABI / WAM Aldar Properties has completed the sale of a residential building at Mamsha Gardens to Hong Kong-based real estate private equity firm GAW Capital Partners for AED586 million. Marking GAW Capital’s first investment in the UAE, the transaction underscores the growing international appeal of Abu Dhabi’s property market, the Saadiyat Cultural District, and Aldar’s residential portfolio. Located ...
Read More »RAKEZ partners with Ana Concierge to offer premium business services
RAS AL KHAIMAH / WAM Ras Al Khaimah Economic Zone (RAKEZ) recently entered into a partnership with Ana Concierge Services to provide its business community with seamless access to premium, personalised concierge solutions. The partnership was finalised through a signing ceremony at Compass Coworking Centre by RAKEZ VAS Director Kutyba Al Issa and Ana Concierge Services Founder and CEO Soumeya ...
Read More »DoE issues new decision on Gas Works Regulation in Buildings
ABU DHABI / WAM Abu Dhabi Department of Energy (DoE) has issued Decision No. 14 concerning the Regulation of Gas Works in Buildings. The regulations set forth the mandatory requirements and controls for overseeing all gas operations in buildings throughout Abu Dhabi, including free zones. The regulations seek to raise the level of technical safety in existing buildings and ensure ...
Read More »Salik reports AED751.6 million in revenue for Q1 2025
DUBAI / WAM Salik Company, Dubai’s exclusive toll gate operator, on Tuesday announced its financial results for the three-month period ended on March 31 2025 (Q1 2025). Total revenue for Q1 grew by 33.7 percent YoY to reach AED751.6 million. EBITDA for Q1 increased 37.9 percent YoY to AED519.6 million. In Salik’s core tolling business, total chargeable trips reached 158.0 ...
Read More »Saif bin Zayed meets New Zealand Police Chief
ABU DHABI / WAM HH Lt General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, has met with Richard Chambers, Chief of Police of New Zealand. The meeting explored avenues for enhancing cooperation in various policing fields, including training methodologies, crime prevention, and exchanging expertise and best practices. The discussions reflected the shared commitment ...
Read More »