DUBAI / WAM Dubai’s Roads and Transport Authority (RTA), on Saturday opened the last two phases of roads leading to Expo 2020 site. Construction work under these two phases included a flyover linking Sheikh Mohamed bin Zayed Road and Expo Road as well as two flyovers on Sheikh Mohamed bin Zayed Road to ensure a smooth traffic flow to and ...
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Sharjah showcases UAE’s rich history at Bologna Book Fair
SHARJAH / WAM The Italian city of Bologna is celebrating Sharjah as the guest of honour at their upcoming Children’s Book Fair – one of the most prestigious children’s book fairs in the world, which will be taking place from March 30 to April 2, 2020. Sharjah’s programme includes panel discussions, interactive activities and traditional shows which highlight the experiences ...
Read More »Imaging technology in focus at Seha conference
Abu Dhabi / WAM Abu Dhabi Health Services Company (Seha) is organising the ninth Seha International Radiology Conference, taking place from February 20-21. The conference will be held in the Rosewood Abu Dhabi and will converge leading radiologists; surgeons and medical consultants in the UAE, Kingdom of Saudi Arabia, wider Mena region, the United States of America (USA) and Ireland. ...
Read More »UAE-Russian Business Forum to explore economic cooperation
SHARJAH / WAM The Sharjah Economic Development Department (SEDD) in a strategic partnership with the Ministry of Energy and Industry (MOEI) will host the UAE-Russian Business Forum, on February 19, 2020. The Forum aims to enhance and strengthen ties of trade, economic and investment cooperation between UAE, in general, and Sharjah, in particular, and the Federal Republic of Russia, and ...
Read More »du continues to soar up in global WTA rankings
Dubai / Emirates Business du, from Emirates Integrated Telecommunications Company (EITC), is soaring as a regional and global leader in Broadcast Services following its success in the latest annual World Teleport Association (WTA) rankings. With strong progress in The Independent 10 (5th) and The Global Top 20 (17th) categories of the WTA’s Top Teleport Operators of 2019, du continues to ...
Read More »Dubai Police unveils first 5G-enabled smart police patrol
DUBAI / WAM Dubai Police, in cooperation with Etisalat, has officially unveiled the first 5G-enabled smart patrol in the Middle East and North Africa region. The smart police patrol is equipped with Artificial Intelligence (AI) technologies and high-tech cameras connected directly to the Control and Command room via 5G network. Brigadier Khaled Nasser Al-Razooqi, Director of the General Department of ...
Read More »e-dirham services generate AED22.11b revenue in 2019
DUBAI / WAM The e-dirham government services revenue exceeded AED22 billion, with AED13 billion coming from the e-dirham system and AED9 billion from service points, respectively, in 2019. The total number of transactions executed via the e-dirham system reached 49 million, including 15 million transactions through the system’s website, and 34 million transactions via service points, the Ministry of Finance ...
Read More »Adnoc Distribution net profit up 4.2% to AED2.22b in 2019
ABU DHABI / WAM Adnoc Distribution on Wednesday announced that net profit for the fourth quarter of 2019 was AED496 million, an increase of 11.3 percent compared to same period last year. Ebitda for the fourth quarter of 2019 was AED658 million, an increase of 6.5 percent compared to the same period last year, driven by a solid operational performance ...
Read More »Aldar sees 7% jump in net profit of 2019
ABU DHABI / WAM Aldar Properties on Wednesday announced that it reported a 7 percent year on year increase in 2019 net profit to AED1.984 billion, driven by growth across both its development and asset management businesses. According to a statement issued by Aldar on Wednesday, the company’s Board of Directors recommended a cash dividend of AED0.145 per share, representing ...
Read More »Emaar reports net profit of AED6.2billion in 2019
DUBAI / WAM Emaar Properties exhibited a resilient performance in FY 2019 by recording net profit of AED6.20 billion as compared to net profit of AED6.139 billion in FY 2018. Emaar recorded revenue of AED 24.586 billion for 2019. Emaar maintained its positive performance in 2019 recording property sales in Dubai of AED14.949 billion. This performance is a result of ...
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