Local News

eBankX names Sulaiman Al Fahim as new chairman

  Abu Dhabi / Gulf Time eBankX, a global digital platform providing several services and features, announced the appointment of Sulaiman Al Fahim as chairman. Sulaiman Al Fahim is currently the executive chairman of the globally leading Al Fahim Holding Group, a business conglomerate in the UAE. He brings many years of expertise covering project management, strategic development, and business ...

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UAE sees 1,166 new recoveries from Covid-19

  Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 487,749 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. ...

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Carbon sequestration key to check climate change: EAD chief

  Abu Dhabi / WAM As increased carbon emissions caused by destruction of ecosystems will further contribute to climate change, Abu Dhabi’s Blue Carbon Project is a promising initiative to prevent such a situation, according to a top official. “One major programme we have worked on at the Environment Agency – Abu Dhabi (EAD) is the Blue Carbon Project. Blue ...

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Houthi terror attack in Abu Dhabi will not go unpunished, says UAE

Abu Dhabi / WAM We condemn the Houthi militia’s targeting of civilian areas and facilities on UAE soil today. We reiterate that those responsible for this unlawful targeting of our country will be held accountable,” His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation said in a statement. In a statement, the Ministry of ...

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ZHO announces accession to Rehabilitation International

  ABU DHABI / WAM Zayed Higher Organisation for People of Determination (ZHO) announced its accession to Rehabilitation International (RI), a worldwide organisation founded in 1992, working to promote the rights of People of Determination and engage them around the world. Rehabilitation International comprises of service providers, government agencies, academics, researchers, and advocates working to improve the quality of life ...

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‘UAE a living hub of innovative business’

  DUBAI / WAM “In the last half century the UAE has developed into a living hub of innovative business,” according to Dutch Prime Minister Mark Rutte. “This same forward looking dynamic approach is needed more than ever by the UAE, and others in the gulf region, post the announcement of net zero commitment by 2050,” he added while virtually ...

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UAE keen to seize economic opportunities in energy shift

  DUBAI / WAM The United Arab Emirates (UAE) is keen to seize the economic opportunities presented by the energy transition, according to Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, Special Envoy for Climate Change and Chairman of Abu Dhabi Future Energy Company (Masdar). Dr Al Jaber made the remarks during the opening ceremony of ...

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Deal signed to boost cyber skills training in schools

  Dubai / WAM Hewlett Packard Enterprise on Monday announced that it has signed a memorandum of understanding (MoU) with the UAE Cyber Security Council to enhance cyber skills training in schools and prepare Emirati youth for careers in the technology industry. HPE and the Cyber Security Council will launch various initiatives nationwide and expect to work with more than ...

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Arada buys $65m plot of land on Palm Jumeirah

Dubai / WAM Arada, a Sharjah-based development company, has purchased the last remaining beachfront land plot on the Crescent of the world-famous, award-winning Palm Jumeirah, marking the fast-growing developer’s first project outside Sharjah and its entry into the Dubai property market. Valued at AED240 million ($65.34 million), the plot has been bought from Nakheel, the master developer behind Palm Jumeirah. ...

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Taqa, Ewec set pricing for AED2.6 billion green bond

  ABU DHABI / WAM Abu Dhabi National Energy Company PJSC (Taqa) along with Emirates Water and Electricity Company (Ewec) announced on Monday the successful pricing of green senior secured bonds for an aggregate principal amount of $700.8 million (AED2.6 billion) by Sweihan PV Power Company PJSC (SPPC). Taqa is one of the largest listed integrated utility companies in the ...

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