DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, on Tuesday announced during the second Dubai Council’s meeting, that a new district under the name of ‘Dubai Future District’ dedicated to the new economy will take shape in Dubai. The Dubai Future District will see Dubai World ...
Read More »ABU DHABI / WAM Abdullah Al Saleh, Under-Secretary of the Ministry of Economy for Foreign Trade Affairs, and Manlio di Stefano, Deputy Minister of Foreign Affairs of Italy, discussed the economic and commercial cooperation between the UAE and Italy. During their meeting, held at the headquarters of the ministry in Dubai, both sides discussed ways of widening the scope of ...
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Abu Dhabi / WAM HH Sheikh Khalid bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council and Chairman of the Abu Dhabi Executive Office, attended on Tuesday the global launch by Masdar of the Youth 4 Sustainability (Y4S) platform. The global platform, launched under the patronage of Sheikh Khalid bin Mohamed, is designed to equip young ...
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DUBAI / WAM DP World has won a further legal hearing against the Government of Djibouti over the Doraleh Container Terminal. A Tribunal of the London Court of International Arbitration ordered Djibouti to restore the rights and benefits under the 2006 Concession Agreement to DP World and Doraleh Container Terminal SA within two months, or pay damages. An independent expert ...
Read More »AJMAN / WAM As part of its efforts to effectively embrace Ajman’s vision of a digital economy through smart governance, the Ajman Media City Free Zone announced that it will link its digital services with Ajman Pay. Chairman of Ajman Media City Free Zone, Sheikh Abdulaziz bin Humaid Al Nuaimi, said, “We commend the efforts of Ajman’s Department of Finance ...
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ABU DHABI / WAM The Emirates Nuclear Energy Corporation (ENEC) has participated in the ongoing World Future Energy Summit, part of Abu Dhabi Sustainability Week 2020, to showcase the impactful role that nuclear energy will play in sustainably powering the growth of the country, in line with the UAE Energy Strategy 2050. The Strategy includes a reduction in carbon dioxide ...
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ABU DHABI / WAM Masdar, a subsidiary of Mubadala Investment Company, has made its first investment in Australia after acquiring a 40 percent stake in the country’s second utility-scale waste-to-energy (WTE), facility, the company announced on Tuesday at Abu Dhabi Sustainability Week (ADSW 2020). Under the terms of the investment, Masdar and Abu Dhabi advisory and development firm Tribe Infrastructure ...
Read More »ABU DHABI / WAM UAE stock markets continued their rise for the second consecutive day, amid improvements in trading, with market capitalisation of trading companies reaching AED7.1 billion. The Abu Dhabi Securities Exchange General Index increased 68 points or 1.34 percent since the beginning of 2020. Today’s numbers reveal the Abu Dhabi Securities Market rose to 5,168.62 points, a 1.07 ...
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Abu Dhabi / WAM The world’s first commercial-scale indoor tomato farm using only LED lights to grow fresh tomatoes will begin operation in Abu Dhabi later this year, as part of Madar Farms’ investment in a new multi-million-dirham farming facility. Announced during Abu Dhabi Sustainability Week, UAE-based Madar Farms has partnered with Certhon, Inno-3B, and Signify to operate the 5,000 ...
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ABU DHABI / WAM A new partnership between Etihad Airways and easyJet will allow customers to purchase tickets through the easyJet worldwide website connecting the two airlines’ networks and opening new possibilities for travel between Europe, Africa, the Azores and the UAE. The collaboration, which comes into effect immediately, follows easyJet’s accelerated and successful roll out programme with world-leading flight ...
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