Local News

ABU DHABI / WAM ADQ, a public joint stock company with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi’s economy, announced on Sunday the launch of “Q Market Makers” (QMM). The new market maker began trading on Sunday on Abu Dhabi Securities Exchange (ADX). Market makers are key market participants that provide a highly effective means ...

Sharjah / WAM Sharjah-based Hamriyah Free Zone Authority (HFZA) signed an agreement to lease over half a million square feel to Alucor, an international engineering, procurement, and construction contractor. Under the agreement, Alucor leased 555,418 sq. ft of the inner harbor quayside land in the free zone to expand its operations in the region. Alucor was founded in the UAE ...

ABU DHABI / WAM Shuaa Capital, an asset management and investment banking platform in the region, announced that it has launched a $200 million “SHUAA Financing Opportunities Fund” targeting special situations in the GCC. The fund has already attracted a total of $68 million in commitments from investors. Following Shuaa’s recent success in the private credit space in deploying and ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has received a message from Xi Jinping, President of the People’s Republic of China, regarding the strengthening of the close ties of friendship and the comprehensive strategic partnership between the two countries. The message ...

Sharjah / WAM In partnership with the Telecommunications Regulatory Authority (TRA) Smart Dubai and Abu Dhabi Digital Authority (Adda), the Sharjah Finance Department (SFD) launched the first phase in linking its services to the Digital Identity, providing customers with secure access to services of two smart delivery systems (Tahseel) and the government financial system (Takamul) via smartphones. The one-time login application ...

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) launched the Post Office initiative as part of National Unified Medical Records (Riayati) a linkage system between hospitals, clinics and health care providers. From improving treatment services and reducing healthcare costs in UAE, to achieving a smart, integrated health system that serves beneficiaries of health services, while strengthening control ...

ABU DHABI / WAM The Abu Dhabi Government Services ecosystem (Tamm) on Saturday announced new features for some of its services on the Tamm platform that will provide more ease and convenience for users when completing digital government tasks through the integrated platform. Aimed to enhance the customer experience by offering unique features, Abu Dhabi residents and citizens can enjoy ...

ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) said on Saturday that it carried out over 136,430 additional Covid-19 tests in the country over the last 24 hours, using the latest testing methods. The ministry said in a statement that the intense testing drive uncovered 1,129 new cases of various nationalities, who are all in a stable ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, affirmed that “private companies operating in the UAE in space industries have qualitative contributions and achievements that contribute to enhancing the country’s position as the leading and most advanced center in the space sector in the region.” ...

Abu Dhabi / WAM With the UAE’s support, the Emirates Red Crescent (ERC) dispatched a humanitarian relief convoy to villages in Al Wazeiyah District, Taiz Governorate, suffering from scarce water resources and the low income of local residents due to growing unemployment caused by the war started by the Houthi militias. Under this framework, the ERC provided 25 tonnes of ...