Local News

ABU DHABI / WAM The Ministry of Finance (MoF) on Tuesday launched the “ESR Portal” to simplify the process of submitting Economic Substance Regulations (ESR)’s reports and notifications. The portal aims to simplify procedures for all companies operating in the country and allows them to submit reports, notifications and supporting documents electronically and in a timely manner. Younis Haji Al ...

ABU DHABI / Emirates Business Shareholders of National Marine Dredging Company PJSC (NMDC), voted at the Company’s General Assembly Meeting to approve the recommended offer from General Holding Corporation PJSC (Senaat), which is part of ADQ, and other minority shareholders of National Petroleum Construction Company PJSC (NPCC) (together, the “NPCC Shareholders”), to combine NPCC with NMDC. NPCC is a world-class ...

Abu Dhabi / WAM The Technology Innovation Institute (TII), the dedicated “applied research” pillar of Abu Dhabi’s Advanced Technology Research Council (ATRC), and Virgin Hyperloop (VH), on Tuesday announced their collaboration on research, innovation and localisation of the futuristic transportation method. The agreement was signed by Faisal Al Bannai, Secretary-General of the ATRC, and Sultan Bin Sulayem, Group Chairman and ...

ABU DHABI / WAM In a cabinet meeting, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, approved the formation of the National Human Rights Authority that aims to establish the country’s status in persevering human rights on regional and global spheres. The meeting, which took place in Abu ...

ABU DHABI / WAM The Emirates Diplomatic Academy (EDA) co-hosted the fourth edition of the Future Diplomats Peace Game (FDPG), where renowned diplomats from around the world, EDA trainee-diplomats, ambassadors, and foreign policy experts, shed light on monumental repercussions of Covid-19 pandemic and world’s current global food security crisis. The EDA co-hosted the event in cooperation with the Foreign Policy ...

DUBAI / WAM Suhail Al Mazrouei, UAE Minister of Energy and Infrastructure, virtually met with Miri Regev, Israeli Minister of Transportation and Road Safety, in order to reinforce the bonds of cooperation between the two countries as part of the Abraham Accords between the United Arab Emirates and the State of Israel. During the meeting, which was attended by high-level ...

ABU DHABI / WAM Abu Dhabi National Energy Company (Taqa) announced on Monday that its shareholders have approved a new progressive dividend policy for 2020-2022. During Taqa’s Extraordinary General Assembly meeting, the Board of Directors approved an interim dividend payment to shareholders, the company said in a statement on Monday. For the first nine months of 2020, the dividend payment ...

ABU DHABI / WAM Khidmah, a facility management and maintenance company, has announced the appointment of real-estate industry veteran Abdellatif Sfaxi as its new Chief Executive Officer (CEO). Sfaxi will be in charge of driving the company’s growth and expansion strategy moving forward and ensuring new and existing clients across the UAE and the GCC region continue to receive cost-competitive, ...

Dubai / WAM Suhail Al Mazrouei, UAE Minister of Energy and Infrastructure, virtually met with Miri Regev, Israeli Minister of Transportation and Road Safety, in order to reinforce the bonds of cooperation between the two countries as part of the Abraham Accords between the United Arab Emirates and the State of Israel. During the meeting, which was attended by high-level ...

SEOUL / WAM Abdullah Saif Al Nuaimi, UAE Ambassador to South Korea, met Park Byeong-seug, Speaker of the South Korean National Assembly. During the meeting, the two sides reviewed the distinguished relations the nations enjoy on the occasion of the 40th anniversary of the establishment of UAE-South Korean relations. The officials also explored ways of boosting cooperation, developing special strategic ...