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Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, chaired the first physical meeting of the new cabinet at the Presidential Place in Abu Dhabi, after a series of remote meetings. At the beginning of the meeting, His Highness Sheikh Mohammed bin Rashid hailed UAE’s ...

Sharjah / WAM Arada has awarded a major contract to build East Village, the second phase of Sharjah’s AED24 billion mixed-use district, Aljada. “Located in the heart of Aljada, the East Village community is targeted at the younger generation and comprises a series of apartment blocks that are characterised by fresh and bold designs. Featuring just under 2,000 units in ...

HADRAMAUT / WAM The UAE has launched its 5th annual Adahi project (Eid sacrifices) in Yemen, which saw meat being distributed to thousands of underprivileged families around the country. Sheep from local markets were arranged for slaughter and distribution by the Emirates Red Crescent in the governorates of Hadramaut, Shabwa, Hodeidah and Taiz. Beneficiaries — which included widows and orphans ...

Dubai / WAM The Dubai Real Estate Institute (DREI) in Dubai Land Department (DLD) is organising the first virtual real estate conference titled ‘Real Estate post-Covid-19 – Challenges and Solutions,’ in cooperation with a number of entities in Saudi Arabia. The conference, which will be held on August 23-24, will witness the participation of a group of real estate speakers ...

Bloomberg Chinese officials are considering a proposal to sell bonds to pay renewable energy subsidies owed to developers, according to people familiar with the matter. Officials have reached out to renewable industry representatives for input on the plan, said the people, who asked not to be identified because the information isn’t public. State Grid Corp of China could be the ...

Bloomberg A South Korean court is set to start liquidating assets of a Japanese company to compensate Koreans conscripted to work during colonial occupation, straining ties between two key US partners just as the Trump administration needs their help in countering China. A district court in the eastern city of Pohang will start a process on Tuesday to seize shares ...

Dubai / WAM Nasser bin Thani Al Hamli, Minister of Human Resources and Emiratisation, and Sayed Zulfikar Bukhari, Special Assistant to the Prime Minister on Overseas Pakistanis and Human Resource Development, have discussed ways to boost cooperation and bilateral ties between the UAE and Pakistan in labour issues. During the meeting, which was held at the headquarters of the Ministry ...

ABU DHABI / WAM The Emirates Nuclear Energy Corporation (Enec), announced that its operating and maintenance subsidiary, Nawah Energy Company (Nawah) has successfully started up Unit 1 of the Barakah Nuclear Energy Plant, located in the Al Dhafrah Region of Abu Dhabi, United Arab Emirates (UAE). This step is the most historic milestone to date in the delivery of the ...

Abu Dhabi / WAM Abu Dhabi Department of Education and Knowledge (Adek) urged UAE-based technology innovators to sign up for YouthTech Competition 2020, the summer’s hackathon for entrepreneurial start-ups, before the application deadline closes on August 8. Open to applicants aged 18-29 years old, the YouthTech Competition 2020, run in partnership with accelerator StartAD and part of the Abu Dhabi ...

Dubai / WAM Dubai Electricity and Water Authority (Dewa) has announced that changes in its bank guarantee management process, as it becomes completely paperless. A press release issued by the authority on Sunday said that Dewa is the first government organisation in the UAE to achieve this step. Being paperless reduces the time needed to complete transactions by 80 percent, ...