Local News

Dubai / WAM Dubai Electricity and Water Authority (Dewa) is investing in its advanced smart grid and the latest technologies of the Fourth Industrial Revolution to enhance its leadership and global excellence in water network losses and is surpassing its global counterparts. In 2021, Dewa’s water network losses decreased to 5.3 percent. This is one of the best records globally ...

  Dubai / WAM The Higher Committee of the Al Quoz Creative Zone Development Project held a meeting, presided over by HH Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority (Dubai Culture) and Member of the Dubai Council, to review the Project’s progress and achievements in its first year. As part of the ...

  Dubai / WAM Mattar Al Tayer, Director-General, Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA), has confirmed that the use of advanced technology and artificial intelligence (AI) had contributed to improving the public bus service and its operational efficiency. Al Tayer noted that the Remote Bus Performance Monitoring Centre had also contributed to ...

  Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) conducted 244,931 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. As part of ...

Dubai / WAM Dubai Customs has been certified among the best workplaces in UAE for second year in a row in the large-size company category. The annual report is compiled by management consultancy Great Place to Work, which compiles the survey in 60 countries. Researchers send out a ‘trust index’ to employees of companies, which measures how they are being ...

  ABU DHABI / WAM The United Arab Emirates has been ranked as the best country in the Arab World in terms of attraction of Foreign direct investment (FDI) for 2021, according to the newly released United Nations Conference on Trade and Development’s (UNCTAD) World Investment Report 2022. The UAE remained the largest recipient of FDI with flows increasing from ...

  Abu Dhabi / WAM According to the monthly newsletter covering Arab financial markets published on Friday by the Arab Monetary Fund (AMF), the Abu Dhabi Securities Exchange (ADX) recorded the highest increase in trading value among Arab financial markets in May 2022 at 292.64 percent while the Palestine Exchange topped the list in terms of trade volume increase. The ...

  Abu Dhabi / WAM The Sheikh Zayed Book Award (SZBA) has opened submissions for its 17th edition, which will close on October 1. This announcement follows the success of the 16th edition, which received largest number of submissions across its nine categories since its inception, with more than 3,000 submissions from 55 countries, including 20 Arab nations and 35 ...

  Abu Dhabi / WAM The Abu Dhabi Department of Economic Development (Added) and Shandong Province, People’s Republic of China, signed a memorandum of understanding to enhance cooperation, exchange expertise and data on an industrial sector front. The signing comes as the two sides work towards further boosting investment opportunities and affirming Abu Dhabi’s unique market attributes. Rashed Abdulkarim Al ...

Abu Dhabi / WAM AD Ports Group signed a Head of Terms agreement with Enter Engineering Group to launch new businesses providing logistics and freight forwarding services in the Central Asian nation of Uzbekistan. Under the agreement, the two companies will establish joint venture companies to manage logistics and freight forwarding services, including air, sea, land and rail logistics, warehousing, ...