Dubai / WAM Dubai Customs has officially launched its Cross Border e-Commerce platform to help the emirate become a global hub for e-commerce and encourage e-commerce companies set their businesses in Dubai. Launched as part of Dubai Customs’ participation in the 3rd UAE Customs Week 2020, the new blockchain based project was piloted in September 2019, and comprises two phases. ...
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DoH and Etisalat launch Digital Healthcare Centre
ABU DHABI / WAM The Department of Health – Abu Dhabi (DoH), the regulator of the healthcare sector in Abu Dhabi, and Etisalat announced the launch of the ‘Digital Healthcare’ Centre. The new initiative aims to drive innovation in the areas of chronic disease management and digital health, in addition to the use of blockchain, Artificial Intelligence (AI), technologies, and ...
Read More »UAE Nation Brand to travel around the world with Strata
ABU DHABI / WAM Homegrown UAE aviation and aerospace products made and delivered across the world by Strata to some of the industry’s biggest players, including Boeing and Airbus, will now carry the UAE Nation Brand’s logo and ‘Make it Happen’ slogan. Strata and the UAE Nation Brand also announced that the logo and slogan will appear at several Strata ...
Read More »Fujairah oil product stocks hit 5-week high
FUJAIRAH / WAM Oil product stocks in the Middle Eastern hub of Fujairah climbed to a five-week high, led by a surge in jet fuel and other middle distillate stocks, data released Wednesday by the Fujairah Oil Inventory Zone (FOIZ), showed. Total stocks rose 1.2 percent week on week to 21.561 million barrels, the highest since December 23, with middle ...
Read More »First Abu Dhabi Bank posts net profit of AED12.5 billion
ABU DHABI / WAM First Abu Dhabi Bank (FAB), on Tuesday reported its full year financial results for 2019, announcing a net profit of AED12.5 billion, up 4% from AED12.0 billion in 2018. Commenting on the results, HH Sheikh Tahnoun bin Zayed Al Nahyan, Chairman of FAB, said, “2019 marked another year of growth for FAB, despite challenging market conditions ...
Read More »UAE’s nuclear plant unit ‘ready’ to begin operations
ABU DHABI / WAM The Emirates Nuclear Energy Corporation (Enec), and its subsidiary Nawah Energy Company (Nawah) announced that an extensive operational readiness assessment performed by an international team of nuclear industry experts from the Atlanta Centre of the World Association of Nuclear Operators (WANO), concluded that Unit 1 of the Barakah Nuclear Energy Plant in Abu Dhabi is ready ...
Read More »Tabreed profit grows by 11% to hit AED472.5m
ABU DHABI / WAM The National Central Cooling Company (Tabreed), on Tuesday released its audited financial results for 2019, reporting an 11% increase in net profit to AED472.5 million for full year, adding 51,336 Refrigeration Tonnes (RT), of new customer connections, resulting in the delivery of 1,182,715 RT of cooling capacity. Tabreed’s Board of Directors recommended a cash dividend for ...
Read More »Bee’ah wins Mideast’s largest waste management contract
SHARJAH / WAM Bee’ah, the award-winning UAE-based sustainability and environmental services pioneer, has been appointed as the waste management partner for Egypt’s new Administrative Capital, which is being developed by the Administrative Capital for Urban Development and is one of the largest urban development projects in the world. Bee’ah, the six-time winner of Waste Management Company of the Year in ...
Read More »Burj Al Arab crowned best hotel in world
DUBAI / WAM Burj Al Arab has been recognised as the ‘Best Hotel in the World’ as well as the ‘Best Hotel in the Middle East’ at the prestigious ‘Ultimate Luxury Travel Related Awards’, ULTRAs, for the second year in a row. Jumeirah Group, a global hotel company and a member of Dubai Holding, has announced that its iconic flagship ...
Read More »UAE has prioritised relations with African nations: Mohamed
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, stated that the UAE has prioritised its relations with African countries based on mutual respect and common interests, to achieve the aspirations of their peoples for development, progress and prosperity. The UAE has made ...
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