Local News

Major Dubai road project 75% complete, says RTA

  Dubai / WAM Dubai’s Roads and Transport Authority (RTA) has announced that the Sheikh Rashid bin Saeed Corridor Improvement Project is now 75 percent complete. The project extends 8 kilometres (km) along Ras Al Khor Road from the intersection of Dubai – Al Ain Road to the intersection of Sheikh Mohammed bin Zayed Road. Works include constructing bridges extending ...

Read More »

Suez Canal records highest daily traffic rate

  Dubai / WAM A record of 89 ships carrying a total net tonnage of 5.2 million tonnes passed through Egypt’s Suez Canal in both directions, the highest daily traffic rate in the international waterway’s history, stated Suez Canal Authority (SCA) Chairman Osama Rabie. 44 ships passed through the canal from the north with a net tonnage of three million ...

Read More »

EDB approves AED2.4b in finance during H1 2022

  Abu Dhabi / WAM Emirates Development Bank (EDB) held its board meeting to review results of the first half of 2022 and monitor the progress of its new strategy which was launched in April 2021 to support the UAE’s industrial development, accelerate the adoption of advanced technologies, and empower the growth of SMEs. The board meeting was held for ...

Read More »

Jawaher Al Qasimi issues directive to establish ‘Kanaf’ higher committee

  Sharjah / WAM HH Sheikha Jawaher bint Mohammed Al Qasimi, wife of the Ruler of Sharjah, and Chairperson of the Supreme Council for Family Affairs (SCFA), has issued a directive to establish a higher committee to steer “Kanaf”, a first-of-its-kind interdisciplinary, multi-agency child protection centre that provides prompt legal, psychological, and social support to child victims of abuse. The ...

Read More »

Dubai Chamber establishes digital assets business group

  Dubai / WAM Dubai Chamber of Digital Economy, one of three chambers operating under the umbrella of Dubai Chambers, has announced the formation of the Dubai Digital Assets Business Group (D2A2), which aims to strengthen the digital asset industry’s role in the economic development of the UAE and the wider Middle East region, enhance digital business infrastructure and support ...

Read More »

UAE announces 980 new recoveries from Covid-19

ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 191,532 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. MoHAP also noted that an additional 980 individuals had fully recovered from Covid-19, bringing the total number of recoveries to 977,608. In a statement, the ministry stressed its aim to continue ...

Read More »

UAE condoles with Cuba over oil tanker fire victims

  ABU DHABI / WAM The UAE has expressed its sincere condolences and solidarity with the Republic of Cuba over the victims of the oil tankers fire caused by a lightning strike at Matanzas, west of Cuba, which resulted in dozens of deaths and injuries. In a statement, the Ministry of Foreign Affairs and International Cooperation (MoFAIC) expressed its sincere ...

Read More »

RTA: 75% of Sheikh Rashid bin Saeed Corridor Project complete

  Dubai / WAM Dubai’s Roads and Transport Authority (RTA) has announced that the Sheikh Rashid bin Saeed Corridor Improvement Project is now 75 percent complete. The project extends 8 kilometres (km) along Ras Al Khor Road from the intersection of Dubai – Al Ain Road to the intersection of Sheikh Mohammed bin Zayed Road. Works include constructing bridges extending ...

Read More »

Foreign direct investments in UAE rise 116% in past decade

  ABU DHABI / WAM Foreign direct investments (FDI) in the UAE witnessed significant growth in recent years, despite the challenges posed by the Covid-19 pandemic. According to a report by the Ministry of Economy, during the past decade from 2012 to 2021, FDIs in the country increased by 116 percent, amounting to $20.667 billion in 2021 compared to $9.566 ...

Read More »

Masdar inks deal to develop 2GW renewables project in Tanzania

  DAR ES SALAAM / TANZANIA /WAM Masdar announced that it has signed an agreement with Tanzania Electric Supply Company Ltd. (Tanesco) related to the development of renewable energy projects with a total capacity of up to 2 gigawatts (GW). In the presence of Hon. January Makamba, Minister for Energy for Tanzania, the Joint Development Agreement (JDA) was signed by ...

Read More »
Send this to a friend