ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX) announced that Zee Stores PJSC, has listed its shares on ADX’s Second Market under the ticker symbol ZS, and trading begins on the shares on Wednesday. The company’s nominal value of share capital is AED 100 million, with each share having a nominal value of AED 1. This is the third listing ...
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Dubai Economy signs deal with Empay
Dubai / WAM Dubai Economy signed a memorandum of understanding (MoU) with the Emirates Payment Services to enable payments relating to commercial licences through the Empay smart application, the world’s first contactless instant credit lifestyle payment ecosystem. The agreement will enable customers of Dubai Economy to have an instant credit facility and complete licencing transactions within five minutes. Users registering ...
Read More »Abu Dhabi Taqa secures funding for world’s largest solar plant
ABU DHABI / WAM Abu Dhabi National Energy Company (Taqa) — alongside partners Masdar, EDF Renewables and JinkoPower — announced on Tuesday the successful financial closing of the Al Dhafra Solar Photovoltaic (PV) Independent Power Producer (IPP) project. The record-breaking project, located approximately 35 kilometres from Abu Dhabi city, will have a capacity of 2 gigawatts (GW) and will supply ...
Read More »UAE gets its first crypto library at Abu Dhabi’s TII
ABU DHABI / WAM Abu Dhabi’s Technology Innovation Institute (TII), the applied research pillar of the Advanced Technology Research Council (ATRC), announced on Tuesday that its Cryptography Research Centre (CRC) has built the UAE’s first national and sovereign crypto library. The milestone is set to enable the country to safeguard vital and confidential sources of information. The development follows a ...
Read More »UAE embassy distributes 10,000 food parcels in Lebanon
ABU DHABI / WAM The UAE embassy in Beirut, in cooperation with the Zayed Charitable and Humanitarian Foundation, has launched an initiative aimed at distributing 10,000 food parcels and 60 wheelchairs in Lebanon. The initiative is in cooperation with civil society organisations registered with the Lebanese Ministry of Interior, municipalities, and care homes for elderly people. The gesture is part ...
Read More »EGA, Inalum ink deal for smelter upgrade
JAKARTA / WAM Emirates Global Aluminium (EGA) has signed a series of agreements with PT Indonesia Asahan Aluminium (Inalum) to provide technological know-how to upgrade the Indonesian company’s aluminium smelter in North Sumatra. The signing was part of Indonesia UAE Week, organised by the two countries’ embassies to further deepen economic ties between the UAE and Indonesia. EGA will provide ...
Read More »Emaar, Zoom to host NYE 2021 virtually
DUBAI / WAM Emaar, the master developer of the Burj Khalifa, has collaborated with Zoom Video Communications, to host New Year’s Eve celebrations live from Downtown Dubai in a global Zoom video call. Up to 50,000 people from around the world will be invited to tune-in and usher in 2021 on the first ever New Year’s Eve celebration to be ...
Read More »Etihad pauses flights to Saudi, Muscat, Kuwait
ABU DHABI / WAM With immediate effect, Etihad Airways will temporarily suspend its passenger services between Abu Dhabi (AUH) and the Kingdom of Saudi Arabia, Muscat (MCT) in Oman and Kuwait (KWI) until further notice, based on the directives of the respective authorities to limit the spread of Covid-19. A company spokesperson said the move is aimed to limit the ...
Read More »UNHCR, Air Arabia launch drive to mark 70th anniversary of agency
Sharjah / WAM UNHCR, the UN Refugee Agency, and Air Arabia, the Mena region’s low-cost carrier, have launched an advocacy campaign to mark the agency’s 70th anniversary. The campaign entails positioning UNHCR’s artwork on one of Air Arabia’s aircrafts for three months. In a ceremony attended by Nadia Jbour, Head of UNHCR office in the UAE; Adel Al Ali, Group ...
Read More »Al Ain’s Qasr Al Muwaiji’s North-West tower reopens
Al Ain / WAM The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has announced the reopening of the iconic North-West tower at Qasr Al Muwaiji in Al Ain. As the historic site prepares to welcome visitors once again, Qasr Al Muwaiji has applied strict health and safety measures, ensuring the facility’s readiness for public use. In ...
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