Abu Dhabi / WAM The number of subscribers in telecommunications services in the UAE, including mobile phones, landlines and Internet, grew to 21.808 million by the end of August, 1 percent up compared to the preceding month. The latest statistics released by the Telecommunications Regulatory Authority (TRA) indicated an increase in the number of mobile phone subscribers to 16.685 million ...
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DFM launches initiative to attract more investments
DUBAI / WAM The Dubai Financial Market (DFM) on Sunday introduced equity futures trading, as part of its new Futures Trading Platform, amid unprecedented participation from the brokerage community. This step provides further impetus to DFM’s strategy to diversify product offerings and attract more investments. The DFM has developed a robust regulatory framework, in line with international best practices, creating ...
Read More »Dewa is debt-free after $1.5b bond repayment
Dubai / WAM Dubai Electricity and Water Authority (Dewa) announced on Sunday that it completed repayment of its last outstanding bond of $1.5 billion. The Global Medium Term Note (GMTN) bond that was issued in 2010 matured and has been fully repaid. With this step, Dewa is having Zero debt on its books. Consistent with Dubai’s steady growth, Dewa has ...
Read More »UAE, Iceland discuss cultural cooperation
Abu Dhabi / WAM Noura bint Mohammed Al Kaabi, Minister of Culture and Youth, held a discussion with Lilja Lilja Dögg Alfreðsdóttir, Iceland’s Minister of Education, Science and Culture, to review options in reinforcing cultural and creative relations between the UAE and Iceland. During the meeting, Al Kaabi reviewed achievements of the creative sector since the start of the Covid-19 ...
Read More »Abu Dhabi all set to host oil and gas industry’s largest online exhibition
ABU DHABI / WAM Abu Dhabi will host the oil and gas industry’s largest online exhibition and conference, as the Adipec Virtual Conference brings together over 5,000 government ministers, global energy leaders and professionals to assess the collective measures the sector is putting in place to fast-track recovery, post Covid-19. Held under the patronage of President His Highness Sheikh Khalifa ...
Read More »UAE condemns terror, criminal act in France
Abu Dhabi / WAM The United Arab Emirates has strongly condemned the terrorist and criminal act that took place in the town of Conflans-Sainte-Honorine, near the French capital Paris, which resulted in the killing of a French national. In a statement, the Ministry of Foreign Affairs and International Cooperation (MoFAIC) expressed its strong condemnation of this heinous crime and all ...
Read More »UAE reports 1,162 new recoveries from Covid-19
Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 115,293 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. As part of its intensified testing campaign, MoHAP announced 1,215 new coronavirus cases, bringing the total number of recorded cases in the UAE to 115,602. MoHAP also noted an additional 1,162 ...
Read More »Shams signs deal with Skyline University College
SHARJAH / WAM Sharjah Media City (Shams) signed a memorandum of understanding with Skyline University College, with the aim of allocating scholarships worth not less than AED 2 million, in the form of discounts ranging from 30% to 50%. The scholarships will be available for all owners of licensed companies with Shams, and their families, and also for all Shams ...
Read More »DFF announces activation of ‘3D printing strategic alliance’
DUBAI / WAM Dubai Future Foundation (DFF) announced the activation of the 3D Printing Strategic Alliance, launched in July 2020 by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of Dubai Executive Council and Chairman of the Board of Trustees of DFF, during a virtual workshop that focused on 3D printing technology and its ...
Read More »Commercial establishments fully committed to Covid-19 guidelines
DUBAI / WAM Field inspectors from the Commercial Compliance and Consumer Protection (CCCP) sector in Dubai Economy continued their visits to a number of open markets and shopping centres across the emirate to make sure that commercial establishments commit to the precautionary measures against Covid-19. Remarkably, all 454 businesses inspected at open markets and shopping centres were found to have ...
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