Local News

  ABU DHABI / WAM Edge Group entity, BEACON RED, an advanced solutions provider focusing on tackling complex national security threats, on Thursday announced a strategic agreement with CompTIA, the leading provider of vendor-neutral certifications for information technology (IT) professionals, to deliver globally recognised training in the UAE and wider Middle Eastern and North African (Mena) region. The announcement was ...

  Abu Dhabi / WAM Emirates Water and Electricity Company (Ewec) has issued the Request for Proposals (RFP) to qualified companies and consortiums that had expressed interest in developing the new Shuweihat S4 Reverse Osmosis (RO) Independent Water Project (IWP). The Shuweihat S4 project will desalinate seawater using RO, a low carbon-intensity technology, to supply up to 318,225 cubic metres ...

  ABU DHABI / WAM Abu Dhabi National Insurance Company (Adnic), one of the leading regional multi-line insurance providers for corporates and individuals in the UAE, has launched a new UAE National Training programme ‘Emkanati’, in line with company’s Emiratisation strategy. As part of “Emkanati”, national employees have been selected to undergo a training in Adnic’s business underwriting divisions. The ...

  ABU DHABI / WAM Abu Dhabi National Energy Company (Taqa) on Wednesday announced that it will recommend to its shareholders to approve a special dividend payment of AED2.2 billion (2.00 fils per share) in addition to the final payment of AED1.2 billion (1.10 fils per share). This comes on top of the AED1.9 billion (1.65 fils per share) already ...

  DUBAI / WAM Shuaa Capital, asset management and investment banking platform in the region, on Wednesday announced the successful pricing of the initial public offering (IPO) of 10,000,000 units of SHUAA Partners Acquisition Corp I at $10.00 per unit. The $100 million Special Purpose Acquisition Company (SPAC) will be listed on Nasdaq Global Market (Nasdaq) and will start trading ...

  ABU DHABI / WAM Mubadala Health, the integrated healthcare network of Mubadala Investment Company, has announced a strategic collaboration with BioIntelliSense, Inc, a continuous health monitoring and clinical intelligence company, to incorporate BioIntelliSense’s innovative remote care technologies with Mubadala Health’s continuous care model to drive clinical workflow efficiencies, unlock data-driven clinical insights and deliver a personalised care experience. Hasan ...

DUBAI / WAM Emirates has opened the doors of a new retail sales office in Fujairah, further expanding its presence in the Northern Region and offering more convenience to customers wishing to book their next trip. Located in Al Ghilaila Building, overlooking the Fujairah corniche, the new office was inaugurated by senior Emirates and dnata commercial and sales executives, in ...

  DUBAI / WAM Shuaa Capital, asset management and investment banking platform in the region, on Wednesday announced the successful pricing of the initial public offering (IPO) of 10,000,000 units of Shuaa Partners Acquisition Corp I at $10.00 per unit. The $100 million Special Purpose Acquisition Company (Spac) will be listed on NASDAQ Global Market (Nasdaq) and will start trading ...

  DUBAI / WAM FedEx Express, a subsidiary of FedEx Corp and the world’s largest express transportation company, broke ground on Wednesday on its new regional air and ground hub for the Middle East, Indian Subcontinent and Africa (MEISA) region at Dubai South Logistics District. The ceremony was attended by executives from Dubai South and FedEx Express. With a completion ...

  SHARJAH / WAM Arada has announced the award of two contracts together valued at AED118 million at Masaar, the AED8 billion forested megaproject located in the Suyoh district of Sharjah. Both contracts will develop the infrastructure and landscape for two areas of Masaar; the central precinct around the Masaar Experience Centre, which will host several visitor attractions, and the ...