Local News

Adnoc invests AED3.47bn to develop Umm Shaif field

  Abu Dhabi / WAM Abu Dhabi National Oil Company (Adnoc) announced on Wednesday the award of a $946 million (AED3.47 billion) Engineering, Procurement, and Construction (EPC) contract for the strategic long-term development of its Umm Shaif field. The investment supports Adnoc’s oil production capacity plans of five million barrels per day (mmbpd) by 2030 while ensuring energy security for ...

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UAE highlights new investment opportunities in vital sectors

  Abu Dhabi / WAM Dr Ahmad Belhoul Al Falasi, Minister of State for Entrepreneurship and SMEs, representing the UAE, participated in the UAE-US Innovation and Investment Summit. The summit was aimed at exploring more cooperation opportunities in the next phase to expand and develop UAE-US trade exchanges and mutual investments with greater participation of private sector companies from both ...

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ADQ inks deal to create UAE’s largest healthcare platform

  Abu Dhabi / WAM ADQ, one of the region’s largest holding companies with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi’s diversified economy, on Wednesday entered into an agreement to consolidate several companies within Pure Health, creating the largest healthcare provider in the UAE. As part of the agreement, Abu Dhabi Health Services Company (Seha), ...

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Over 60 countries represented at Arab Health 2022

  DUBAI / WAM A total of 62 countries will be represented on the exhibition floor of the 2022 edition of Arab Health, the Mena region’s leading exhibition for the healthcare industry, taking place at the Dubai World Trade Centre from January 24 – 27. The 2022 edition of the show, which returns as a co-located event for the healthcare ...

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Dewa launches project to improve employee productivity

  DUBAI / WAM Dubai Electricity and Water Authority (Dewa) launched the Real-Time Mobile Work Force Project to improve productivity and fieldwork efficiency. This is part of its efforts to enhance the happiness of its employees and help them complete their tasks easily and efficiently, anytime and anywhere. The project includes 109 processes related to Distribution Power; Water and Civil; ...

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Sheikh Mohammed announces AED100m Great Arab Minds fund

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Tuesday launched the Great Arab Minds initiative. The initiative will be driven by and headquartered at the Museum of the Future, the Emirates’ new global scientific landmark. Great Arab Minds is the Arab world’s largest ...

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Alpha Dhabi acquires 25% stake in Al Qudra Holding

  ABU DHABI / WAM Alpha Dhabi Holding (ADH) has announced the acquisition of 25.24% shareholding in Al Qudra Holding, as part of its AED8 billion strategic investment plan across various key-sectors in the UAE. Al Qudra Holding is an Abu Dhabi-based private joint stock company which has grown significantly by focusing on sustainable development in the region and creating ...

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Construction begins at DP World’s $1b port in Senegal

  DUBAI / WAM DP World, the world’s leading provider of smart logistics, and the Government of Senegal, have laid the first stone to mark the start of construction of the new Port of Ndayane. The stone laying ceremony follows the concession agreement signed in December 2020 between DP World and the Government of Senegal to build and operate a ...

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Adda, Etisalat, Trend Micro team up to boost Abu Dhabi’s cyber security

  ABU DHABI / WAM Abu Dhabi Digital Authority (Adda), Etisalat, and Trend Micro Incorporated on Tuesday announced launch of Cyber Eye, an initiative designed to strengthen the Abu Dhabi Government entities’ cybersecurity capabilities. Cyber Eye initiative is a central part of Abu Dhabi government’s cybersecurity strategy. It will employ first of its kind technology and systems to identify cyber ...

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Imdaad secures FM contract for Nakheel project in Dubai

  DUBAI / WAM Imdaad, a Dubai-based group of companies that provides integrated, sustainable Facilities Management (FM) services that enhance the operational efficiencies of physical assets, has secured a contract to provide Hard FM and Data Loss Prevention (DLP) management services to ‘The View at The Palm’, a stunning observation deck that showcases a 360-degree view of Palm Jumeirah, the ...

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