Abu Dhabi / WAM Abu Dhabi Commercial Bank PJSC (ADCB) is the highest ranked GCC bank and one of the region’s top five companies in the Forbes “World’s Best Employers 2022†list of 800 global firms published this month following a survey covering 57 countries. The Forbes survey of 150,000 employees world-wide, conducted in partnership with research firm Statista, ...
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Adnoc Drilling sets new world record for longest oil, gas well
Abu Dhabi / WAM Abu Dhabi National Oil Company (Adnoc) announced on Thursday that a new world record for the longest oil and gas well has been set at its Upper Zakum Concession. Stretching 50,000 feet, the well is around 800 feet longer than the previous world record set in 2017 and supports Adnoc’s efforts to expand production capacity ...
Read More »Edge to showcase its advanced tech solutions at Sofex in Jordan
Abu Dhabi / WAM Edge group PJSC (Edge or the ‘group’), one of the world’s top 25 advanced technology groups for defence and beyond, is proud to be participating in the Special Operations Forces Exhibition (Sofex), being held at Aqaba Gate Aviation, King Hussein International Airport in Aqaba, Jordan, from November 1-3. Edge will use its presence at the ...
Read More »Dubai issues law to regulate endowments, minors’ trusts
Dubai / WAM In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, issued Law No. (17) of 2022 on Dubai’s Endowments and Minors’ Trust Foundation. His Highness also issued Law No. (18) of 2022 affiliating the Mohammed Bin Rashid Global Centre for Awqaf and ...
Read More »Seha, ADU to promote medical education, knowledge transfer
Abu Dhabi / WAM Abu Dhabi Health Services Company (Seha), the UAE’s largest healthcare network, has signed a memorandum of understanding (MoU) with Abu Dhabi University (ADU) to bolster medical education and mutual knowledge transfer between the two entities. The partnership will aim to promote ties between both parties through student placements, training programmes, sharing of facilities and resources, ...
Read More »Saif Zone, HFZA win Superbrands Award
Sharjah / Gulf Time Adding yet another milestone to their track record of global achievements, the Sharjah Airport International Free Zone Authority (Saif Zone) and Hamriyah Free Zone Authority (HFZA) received the prestigious “Superbrands Award 2022†for the second year in a row. The new achievement is yet another testament to the success of the two free zones in ...
Read More »Gargash Hospital organises fashion walk – Warriors’ Way Forward
Dubai / Gulf Time As part of its ongoing campaign to raise awareness about breast cancer and highlight the importance of regular screenings, Gargash Hospital, organised a fashion walk – Warriors’ Way Forward – to demonstrate to the community that it is possible to a have a normal life after cancer if detected at an early stage and treated ...
Read More »Adib named safest Islamic financial institution
Abu Dhabi / WAM Abu Dhabi Islamic Bank (Adib), a leading Islamic financial institution, announced on Thursday that it has been named the safest bank for 2022 by New York based trade publication Global Finance Magazine, marking the first time the bank has achieved this accolade. Adib was recognised at the awards ceremony held in conjunction with the 2022 ...
Read More »Jebel Ali port, Jafza key to boosting India-UAE trade to $100b in 5 years
Dubai / WAM DP World hosted “The India-UAE Bridge; Dubai – India’s Gateway to the World†along with the Confederation of Indian Industry (CII) for key business leaders in Mumbai to showcase the role of Jebel Ali Port and Free Zone in boosting non-oil trade between the UAE and India to $100 billion over the next five years, complementing ...
Read More »Dubai reports AED2.2bn realty deals in one day
Dubai / WAM Dubai real estate market recorded 479 sales transactions worth AED1.65 billion, in addition to 82 mortgage deals of AED406.61 million, and 37 gifts deals amounting to AED137.63 million on Wednesday, data released by Dubai’s Land Department (DLD) showed. The sales included 437 villas and apartments worth AED1.44 billion, and 42 land plots worth AED210.44 million, while ...
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