SUVA / FIJI / WAM Several Fijian government officials lauded the humanitarian projects carried out by the Emirates Red Crescent (ERC), including the establishment of three technology colleges in areas affected by Cyclone Winston. The colleges were recently inaugurated by an ERC delegation led by Hamoud Al Junaibi, ERC Secretary-General, Frank Bainimarama, Prime Minister of Fiji, and several government ...
Read More »Local News
UAE sees 1,665 new recoveries from Covid-19
Abu Dhabi / WAM The Ministry of Health and Prevention, MoHAP, announced that it conducted 312,752 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. ...
Read More »EGA to build solar-power facility for silicon metal
Abu Dhabi / Gulf Time Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside oil and gas, on Friday announced that the company is to develop a project to manufacture silicon metal in the UAE, securing supplies of a key raw material for ‘premium aluminium’ and unlocking potential new industries in the UAE in ...
Read More »UAE ranks first regionally in attracting FDI inflows: UNCTAD
ABU DHABI / WAM The UAE has been ranked first in the Arab world and 19th globally for its ability to attract foreign direct investment (FDI) inflows by the World Investment Report 2022 issued by the United Nations Conference on Trade and Development (UNCTAD). The UAE also emerged 17th globally in terms of FDI outflows that totaled $22.5 billion ...
Read More »Masdar City launches its first net-zero energy office building
Abu Dhabi / WAM Masdar City, a world-class technology and innovation hub and a pioneering sustainable community in Abu Dhabi, along with its consulting partners Woods Bagot and Faithful+Gould, has advanced its contribution to the UAE Net-Zero by 2050 Strategy with the groundbreaking ceremony of its latest development – the Masdar City Square (MC2). The MC2 development covers an ...
Read More »UAE wins 18 awards at 15th Gulf Radio and Television Festival
ABU DHABI / WAM The UAE’s state media organisations have won 18 awards at the 15th Gulf Radio and Television Festival hosted by the Kingdom of Bahrain. The festival took place from June 21-23, with the participation of various government and private radio and television entities from the Gulf Cooperation Council (GCC). Abu Dhabi Media received the Gold award in ...
Read More »UAE, Romania to boost economic cooperation
Abu Dhabi / WAM The United Arab Emirates hosted the second UAE-Romania Joint Committee at the Ministry of Foreign Affairs and International Cooperation in Abu Dhabi. The meeting was co-chaired by Ahmed Al Sayegh, Minister of State, and Bogdan Aurescu, Minister of Foreign Affairs of Romania. A number of senior officials representing various governmental organisations and private companies from ...
Read More »Abu Dhabi’s Taqa lists nine bonds worth $8.3b on ADX
Abu Dhabi / WAM The Abu Dhabi Securities Exchange (ADX) on Thursday announced that Abu Dhabi National Energy (Taqa) PJSC has made a secondary listing on the ADX of nine bonds with a total value of $8.25 billion, maturing between 2023 and 2051. The bonds were largely issued as part of Taqa’s Global Medium Term Note Programme and are ...
Read More »UAE to issue dollar-denominated dual-tranche sovereign bonds
ABU DHABI / WAM The Federal Government of the UAE, represented by the Ministry of Finance, has announced the plan to issue a Dual-tranche USD Benchmark Size Bonds with a ten-year tranche and a 30-year Formosa tranche. The ten-year tranche will be listed on London Stock Exchange (LSE) and Nasdaq Dubai, and the 30-year tranche will be listed on ...
Read More »Dubai to help to modernise Romania’s Constanta Port
Dubai / WAM The Romanian government has signed an agreement with Dubai’s Ports, Customs and Free Zone Corporation (PCFC) and DP World to develop new infrastructure at the Port of Constanta. The agreement with the Dubai entities will help modernise and turn the Port of Constanta into one of the Black Sea’s most important cargo and vehicle hubs. The ...
Read More »