ABU DHABI / WAM The Non-performing Debt Relief Fund announced on Monday that 12 banks had waived the debts of 1,607 Emirati citizens, with a total value of more than AED869.85 million. The banks that participated included First Abu Dhabi Bank, Abu Dhabi Commercial Bank, Al Hilal Bank, Mashreq Bank, Emirates NBD, Abu Dhabi Islamic Bank, Standard Chartered, RAKBANK, Commercial ...
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Agthia set to become regional F&B leader after Al Foah deal
ABU DHABI / WAM Agthia Group held its 15th General Assembly Meeting on Monday, during which the company’s shareholders approved the proposed strategic combination with Al Foah Company LLC, the world’s largest date processing and packaging company. Aghhia is a food and beverages company owned by General Holding Corporation (Senaat) — part of ADQ, one of the region’s largest holding ...
Read More »DP World, Jafza host webinar for Japanese companies in UAE
DUBAI / WAM DP World, UAE Region and Jebel Ali Free Zone (Jafza), have organised a webinar for Japanese companies operating in the UAE. The webinar shed light on the initiatives taken by them to tackle the unforeseen challenges that arose due to the Covid-19 pandemic, ensuring business continuity and promoting the well-being and safety of the community. The webinar ...
Read More »ADFD allocates $70m for Albania housing project
Abu Dhabi / WAM Abu Dhabi Fund for Development (ADFD) has approved a grant of AED257 million ($70 million) provided by the UAE government to fund the development of more than 2,000 residential housing units that is part of the urban redevelopment of one Albania’s leading economic centres that sustained major damage from recent earthquakes. This grant supporting the Albanian ...
Read More »Deal signed to drive Abu Dhabi digital transformation strategy
Abu Dhabi / WAM The Abu Dhabi Global Market Academy (ADGMA), the Abu Dhabi Digital Authority (ADDA), and the Abu Dhabi School of Government (ADSG) have entered into a Memorandum of Understanding (MoU) to advance the Abu Dhabi government’s digital transformation agenda and move forward in the emirate’s digital literacy strategy through putting in place curated development programmes. Through the ...
Read More »Etihad to resume direct Abu Dhabi-Beijing flights
ABU DHABI / WAM Etihad Airways will commence another service from China, with flights from Beijing to Abu Dhabi, capital of the United Arab Emirates, from December 7. The service will operate with a weekly flight using a Boeing 787 Dreamliner, featuring Etihad’s award-winning Business and Economy cabins. Etihad resumed services between Abu Dhabi and Shanghai in late July this ...
Read More »Ma’an to raise AED15m for campaigns
ABU DHABI / WAM The Authority of Social Contribution (Ma’an) announced the launch of two fundraising campaigns on its pioneering contribution platform, while fostering awareness of efforts to promote organ donations and support orphans, with the goal of raising AED15 million. As Abu Dhabi’s official fundraising site, Ma’an’s contribution platform is dedicated to harnessing the nation’s generosity and supporting the ...
Read More »Abu Dhabi to showcase 88 unique digital projects at Gitex
ABU DHABI / WAM The Abu Dhabi Government’s participation in Gitex Technology Week 2020, taking place through December 10 at the Dubai World Trade Centre, features the attendance of 23 government entities, in addition to academic institutions and a group of the world’s major technology giants. During the exhibition, the Abu Dhabi Government is showcasing 88 initiatives and innovative digital ...
Read More »Dubai cuts fuel surcharge for electricity and water
DUBAI / WAM In line with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to increase the share of renewable and clean energy in Dubai’s energy mix, HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, issued a decision ...
Read More »UAE leaders pay tribute to the nation’s heroes
ABU DHABI / WAM On the occasion of Commemoration Day (Martyrs’ Day), President His Highness Sheikh Khalifa bin Zayed Al Nahyan, pledged to always remember with appreciation and gratitude “our children who sacrificed their lives in the fields of truth and duty, the fields of redemption; in defence of the nation, in preservation of its sovereignty, and in protection of ...
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