Local News

  ABU DHABI / WAM The Abu Dhabi Securities Exchange (ADX) will adopt FTSE Russell’s Industry Classification Benchmark (ICB) for all its listed equities as part of its strategy to align to global standards and attract more international investors. The introduction of the ICB is part of the transition of ADX indices to the co-branded FTSE ADX index series, under ...

  Dubai / WAM The Dubai Islamic Bank (DIB) has donated AED3 million to the Khalifa bin Zayed Al Nahyan Foundation, to support the national healthcare services provided by the foundation in 2022. Mohammed Haji Al Khouri, Director-General of the Foundation, lauded the bank’s humanitarian activities and its pioneering social responsibility efforts, as well as its support and sponsorship for the ...

  Dubai / Gulf Time Danube Properties, the UAE-based affordable housing pioneer and one of the most dynamic and popular private real estate developers in the UAE, on Monday announces the launch of Pearlz, a residential project offering 1,000 residential units and a number of retail and recreational facilities with a development value exceeding AED300 million. The project will be ...

  Abu Dhabi / WAM Mubadala Petroleum, the Abu Dhabi headquartered international energy company, has successfully commenced first gas production from the Pegaga gas field in Block SK 320, offshore Malaysia. This milestone marks the safe and successful culmination of a challenging gas project, during a period in which Mubadala Petroleum navigated the challenges of the global pandemic. As a ...

  SHARJAH / WAM In implementation of the directives of His Highness Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, to provide a stable and decent life for the citizens, the Sharjah Debt Settlement Committee (SDSC) approved an amount of AED63.11 million, to settle 120 cases of citizens’ debts. Commenting on this, Rashid Ahmed ...

  ABU DHABI / WAM Masdar, one of the world’s leading renewable energy companies, is continuing to strengthen its support for global climate action, with the capacity of its clean energy project portfolio rising 40 percent in 2021. The electricity generation capacity of all projects Masdar has invested in – either installed or under development – increased from 10.7 gigawatts ...

  Abu Dhabi / WAM The Department of Community Development (DCD) in Abu Dhabi has announced that the quality of life indicators in the emirate show increased happiness and satisfaction rates. This was announced on a day that coincides with International Day of Happiness, on 20th March, and is considered one of the most important days declared by the United ...

  ABU DHABI / WAM The UAE Cyber Security Council and UAE-based cyber solutions and services company, Cyber Protection X Holding LLC (CPX), signed an MoU to work together to enhance the cyber maturity of government entities in the UAE. The MoU, which was signed at Gisec, the largest cyber security event in the Gulf region, currently underway in Dubai, ...

  Dubai / WAM Estonia celebrated its National Day at Expo 2020 Dubai on Sunday with a strong focus on its status as one of the world’s most digitally-advanced societies. Alar Karis, President of the Republic of Estonia, was welcomed by Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence and Commissioner-General of Expo 2020 Dubai. On this ...

  ABU DHABI / WAM On the occasion of Mother’s Day, HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation, has paid tribute to Emirati mothers, mothers of martyrs and all mothers around the world. In a statement on the occasion, ...