Local News

ERC’s projects, programs valued at AED487.7mn

ABU DHABI / WAM The value of humanitarian programmes, relief operations, development projects, reconstruction programmes and orphan support initiatives launched by Emirates Red Crescent (ERC) totalled AED487,781,498, benefitting 14 million people in the UAE and 51 other countries. In the first half of 2021, the value of the ERC’s local projects in several key sectors amounted to some AED92 million ...

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Abu Dhabi builds region’s first quantum computer

ABU DHABI / WAM Abu Dhabi’s Technology Innovation Institute (TII) has unboxed the cryostat – the initial frame of its quantum computer that is being assembled in the UAE capital. TII’s Quantum Research Centre (QRC) is spearheading the landmark advanced technology project that aims to give the world a quantum advantage through developing a supercomputer with exponential computational capabilities. Two ...

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Emirates signs codeshare deal with Brazil’s Azul

DUBAI / WAM Emirates signed a codeshare agreement with Azul Linhas Aereas Brasileiras SA (Azul), which will allow customers to seamlessly connect to and from eight cities in Brazil to Emirates’ global network via Sao Paulo. The codeshare agreement has been approved by the Brazilian Federal Aviation Agency. Under the codeshare, customers will be able to connect to and from ...

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Sheikh Mohammed announces golden visas for humanitarians

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Wednesday announced that the UAE would offer Golden Visas to charity and humanitarian aid workers in recognition of their efforts and sacrifices. The announcement made by HH Sheikh Mohammed to provide long-term residence visas to humanitarian ...

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Emirates inks codeshare deal with Brazil’s Azul

Dubai / WAM Emirates signed a codeshare agreement with Azul Linhas Aereas Brasileiras S.A (Azul), which will allow customers to seamlessly connect to and from eight cities in Brazil to Emirates’ global network via Sao Paulo. The codeshare agreement has been approved by the Brazilian Federal Aviation Agency (Agência Nacional de Aviação Civil). Under the codeshare, customers will be able ...

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Pure Salmon establishes its global HQ in Abu Dhabi

Abu Dhabi / WAM Pure Salmon, a global land-based salmon aquaculture company, prepares to establish its headquarters in the emirate of Abu Dhabi. A partnership between the Abu Dhabi Investment Office (ADIO) and Pure Salmon will see the company receive financial and non-financial incentives to expand local food sustainability efforts with its proven salmon farming technology. The partnership is part ...

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Mubadala closes equity fund with commitments of $1.6b

ABU DHABI / WAM Mubadala Capital, the asset management subsidiary of Mubadala Investment Company, has closed its third Private Equity fund, MIC Capital Partners III (Fund III), with total commitments of $1.6 billion. Fund III surpassed its initial target and raised capital commitments from a diverse set of new and existing investors including leading pension plans, endowments, insurance plans, government ...

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Afghan crisis: France thanks UAE for evacuating its citizens

ABU DHABI / WAM Mohammed bin Ahmed Al Bowardi, Minister of State for Defence Affairs, received a call from Florence Parly, French Minister of Armed Forces, during which they discussed ways of boosting bilateral cooperation regarding regional defence and military issues of mutual interest to serve interests of the two friendly countries. Within the framework of cooperation between two countries, ...

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ADFD-funded AED51 million project unveiled in Comoros

ABU DHABI / WAM Major electricity projects valued at AED51 million ($13.9 million) have been inaugurated by the government of the Comoros. Financed by Abu Dhabi Fund for Development (ADFD), these projects will supply electricity to more than 12,000 homes and are expected to stimulate the economy of the island nation. Azali Assoumani, President of the Comoros, attended the inauguration ...

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