Local News

  DUBAI / WAM Today, the world is witnessing an increasing demand to invest in clean and renewable energy sources, which will change the global energy scene in the next few years using environmentally friendly and relatively low-cost energy sources. In line with this global trend, green hydrogen for power generation and supporting development in several vital sectors is increasing. ...

ABU DHABI / WAM The United Arab Emirates has announced $5 million in humanitarian assistance to benefit civilians impacted by the situation in Ukraine. The contribution is made to the United Nations’ Humanitarian Flash Appeal and the Regional Refugee Response Plan for Ukraine and is a reflection of the UAE’s emphasis on humanitarian solidarity in conflict settings. The UAE has ...

ABU DHABI / WAM HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs, and Chairman of the Board of Directors of the Central Bank of the UAE (CBUAE), chaired the meeting of the board, held on Wednesday in Qasr Al Watan. Sheikh Mansour welcomed the meeting’s participants and thanked the Central Bank of the UAE ...

ABU DHABI / WAM Abu Dhabi Global Market (ADGM), the leading international financial centre, on Wednesday hosted a delegation of high-profile business leaders from Israel, as the two countries continue to explore bilateral growth and investments opportunities. The forum was hosted as part of Abu Dhabi’s long-term economic commitment to attract and retain new businesses and investors to its hub, ...

  ABU DHABI / WAM Al Yah Satellite Communications Company, the UAE’s flagship satellite solutions provider, has announced its financial results for the 12 months period ended on December 31, 2021. It reported revenues of AED452.7 million [$123.3 million], exceeding the prior year by 7.9 percent, leading to full-year revenue of just under AED1.50 billion [$408 million], marginally up year-on-year. ...

  DUBAI / WAM Dubai International Financial Centre (DIFC) has launched a ground-breaking artificial intelligence (AI) and coding license in cooperation with the UAE Artificial Intelligence Office. The license, which is a UAE first, will advance the country’s Artificial Intelligence Strategy 2031, which aims to enhance the UAE’s reputation in this field by attracting AI companies and coders from around ...

  DUBAI / WAM The Ministry of Industry and Advanced Technology (MoIAT) on Tuesday hosted a live panel discussion in collaboration with Schneider Electric to boost the UAE’s ongoing efforts to forge a globally competitive and sustainable industrial base at the forefront of the Fourth Industrial Revolution “4IR”. The panel hosted Sarah bint Yousif Al Amiri, Minister of State for ...

DUBAI / WAM Emirates SkyCargo official has outlined how the air cargo carrier supports Spanish agri-businesses and perishables exporters by helping transport premium exports rapidly from Spanish gateways to global markets through Dubai. This came during a meeting held between Nabil Sultan, Emirates Divisional Senior Vice President, and Luis Planas Puchades, the Spanish Minister for Agriculture, Fisheries and Food; Iñigo ...

  DUBAI / WAM Moro Hub, a subsidiary of Digital Dubai Electricity and Water Authority (Dewa) and its digital arm, has launched Geospatial (GIS) Services aiming to assist government and enterprises in the region to scale their operations and achieve their digital transformation goals. Moro Hub will offer three types of GIS services: GIS Professional Services to build GIS systems, ...

  ABU DHABI / WAM The Abu Dhabi Global Market (ADGM) announced that it will host RESOLVE 2022, Abu Dhabi’s first international dispute resolution forum, on March 16. The one-day event, hosted by ADGM Courts and the ADGM Arbitration Centre, is designed to provoke, challenge and encourage the local and international dispute resolution community to drive change for a sustainable ...