Local News

Aldar launches ‘Noya Luma’ on Yas Island

Abu Dhabi / WAM Aldar Properties (Aldar) announced the launch of 189 standalone villas at Noya Luma on Yas Island. Noya Luma sits adjacent to the rest of the Noya community on the north side of the island and is open to buyers from all nationalities on a freehold basis. With significant interest registered in four-bedroom villas during the first ...

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WAM, Russia’s ‘TASS’ to boost cooperation

Moscow / WAM The Director-General of Emirates News Agency (WAM), Mohammed Jalal Al Rayssi, met Mikhail Gusman, First Deputy Director-General of Russian News Agency (TASS), and discussed ways to enhance cooperation and exchange of experiences between the two news agencies, based on the well-established UAE-Russia relations. This came during the visit of Al Rayssi to the headquarters of TASS, accompanied ...

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Digital transformation promotes data economy growth: Report

DUBAI / WAM The constant and rapid accumulation of data on smart devices has driven the development of several innovative businesses that are enabled by data. This has led to the emergence of the global data economy in which companies and countries are collecting, processing and analysing data to generate insights but also underpin artificial intelligence (AI) and machine learning ...

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Adnoc to build world-scale ‘blue’ ammonia facility

ABU DHABI / WAM Abu Dhabi National Oil Company (Adnoc) announced on Monday that it will advance a world-scale “blue” ammonia production facility in Ruwais, Abu Dhabi, in the UAE. Adnoc is an early pioneer in the emerging hydrogen market, driving the UAE’s leadership in creating local and international hydrogen value chains, while contributing to economic growth and diversification in ...

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Dubai launches crypto centre to advance blockchain tech

Dubai / WAM DMCC — the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise — has announced the launch of the DMCC Crypto Centre, a comprehensive ecosystem for businesses operating in the cryptographic and blockchain sectors. The official inauguration was attended by a number of high-profile government and industry representatives including Dr Thani bin ...

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Dubai registers AED92b worth of realty transactions in Jan-April

DUBAI / WAM Dubai has registered 25,455 real estate transactions worth AED92 billion from January – April 2021, thus achieving an increase of 51 percent in terms of the number of transactions and 72 percent in terms of their value compared to the same period in 2020. According to the real estate bulletin issued by Dubai Land Department (DLD) under ...

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Dubai issues 15,475 new licences in first quarter

DUBAI / WAM The Business Registration and Licencing (BRL) sector of Dubai Economy has issued 15,475 new licences during the first quarter of 2021, a growth of 19 percent compared to Q1 2020, when 13,027 licences were issued. This highlights the resilience of the business environment of Dubai and the emirate’s economic competitiveness and ability to attract businesses to across ...

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Sewa delivers services to 12 projects

SHARJAH / WAM The Central Region Department in Sharjah Electricity, Water and Gas Authority (Sewa) completed a number of development projects, including the installation of 1,034 lighting poles in a number of regions and branches of the Central Region, including lighting Suhaila Road, and a number of projects in the areas of Al-Washa, Al-Bustan, Fali and Mleiha, Tal Al-Zafaran and ...

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GBF Africa 2021 to shed light on global economic recovery

Dubai / WAM The sixth edition of the Global Business Forum (GBF) Africa is set to take place on October 13-14, under the theme Transformation Through Trade, Dubai Chamber of Commerce and Industry has announced. Held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, ...

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flydubai to operate 3 weekly flights to two Greek islands

DUBAI / Emirates Business flydubai, the Dubai-based airline, has announced on Monday the launch of two new summer routes. The carrier will operate three weekly flights to Mykonos International Airport (JMK) and Santorini (Thira) Airport (JTR) between June 18 and September 29. The launch of flights to the two Greek islands brings the number of seasonal routes served by flydubai ...

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