Abu Dhabi / WAM ADNOC Distribution hosted a ceremony to honour the winners of its annual internal Health, Safety and Environment (HSE), awards programme. As part of the company’s continued efforts to ensure the highest HSE standards in its daily operations, the ceremony marked the completion of the latest edition of an awards programme first launched in 2013. In the …
Read More »Abu Dhabi / WAM Aldar Properties signed a partnership agreement with Al Fahim Group to bring the world’s first Mercedes-Benz and AMG showroom and state-of-the-art express service centre to Yas Island. The new showroom will be located in close proximity to Yas Mall and opposite the mall’s flagship luxury department store, Tryano. Construction is scheduled to start in the fourth …
Read More »Abu Dhabi /Â WAM A meeting on carbon capture and storage (CCS), techniques has been hosted by the UAE Ministry of Energy in Abu Dhabi. It was the second biannual meeting of the Carbon Sequestration Leadership Forum, CSLF, an international climate change initiative focused on the development of improved cost-effective technologies for carbon capture and storage. The forum is aimed …
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Thiruvananthapuram / Emirates Business Etihad Airways is celebrating 10 years of flying to the southern Indian state of Kerala with the introduction of additional flights to the popular destination. The airline has launched a fourth daily non-stop service between Kozhikode and its Abu Dhabi hub offering convenient onward connections to cities worldwide. The extra capacity takes to 63 the …
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Dubai / Emirates Business wasl Asset Management Group, one of the largest real estate development and management companies in Dubai – has announced the launch of the city’s second luxury Mandarin Oriental hotel, which is due to open in November 2020. The new location in Dubai’s Commercial District of Sheikh Zayed Road will complement wasl’s Mandarin Oriental hotel on …
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Dubai /Â WAM Hussain Nasser Lootah, Director-General of Dubai Municipality inaugurated the Meteorological Radar project, which was launched by the Municipality in the field of Geodetic Survey. The project is implemented as part of the development of the early warning system for weather forecasting and monitoring of climate change and its impact on all regions of the Emirate of Dubai. …
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ABU DHABI / Agencies In a new report from Ericsson, ICT players who leverage 5G to digitalize industries can capture business worth 6.5 billion US dollars by 2026 in UAE. The report is titled “The 5G business potential – Industry digitalization and the untapped oppor- tunities for operators†and it analyzes the 5G business opportunity that comes from industrial …
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ABU DHABI / WAM The Follow up Committee of the Initiatives of the UAE President has approved a number of projects totalling AED410 million in implementation of the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, and the follow-up of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme …
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ABU DHABI / WAM First Abu Dhabi bank’s liquidity surged to AED 134.4 billion during the Q1 2017 from AED130 billion by the end of 2016 as per the financial statements released by the new banking entity created after the merger of the National Bank of Abu Dhabi and First Gulf Bank. The considerable cash level reflects the high …
Read More »Dubai / Emirates Business Mergermarket, the leading provider of M&A data and intelligence, has published its Q1 2017 M&A Brief for the Middle East. The report shows that the Middle East has benefitted from foreign and domestic investment in Industrials & Chemicals, with the sector driving Q1 M&A to reach its highest value in eight years (16 deals, worth …
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