ABU DHABI / WAM The Abu Dhabi Waste Management Centre, Tadweer, on Tuesday announced that it had collected 2,189,416.90 tonnes of waste in 2019, down from 2,259,508.64 tonnes in 2018, representing a decrease of 3.10 percent, attributed to its sustained efforts to minimise the volume of waste generated in the emirate to achieve its long-term sustainability objectives. This waste was ...
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Abu Dhabi / WAM The UAE and Kazakhstan have maintained exemplary relations and cooperation in many respects, said President Kassym-Jomart Tokayev of Kazakhstan. President Tokayev made the remarks during a keynote speech at the UAE-Kazakhstan business meeting in Abu Dhabi, which was organised by the Abu Dhabi Chamber of Commerce and Industry, in collaboration with the Federation of UAE Chambers ...
Read More »RAS AL KHAIMAH / WAM Sheikh Ahmed bin Saqr Al Qasimi, Chairman of Ras Al Khaimah Economic Zone (Rakez) has officially inaugurated the new St. Mary’s Private High School in Ras Al Khaimah, the first catholic school in the emirate. After cutting the ceremonial ribbon, Sheikh Ahmed bin Saqr Al Qasimi said that Rakez Academic Zone is keen to attract ...
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ABU DHABI / WAM The Zayed Higher Organisation for People of Determination (ZHO) organised a series of recreational trips for the members of its care and rehabilitation centres in the Emirate of Abu Dhabi, as part of its rehabilitation programmes to enhance and develop the cognitive, social and behavioural skills of students, and allow them to develop and apply these ...
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SHARJAH / WAM The Sharjah National Oil Corporation (SNOC) and its Italian partner ENI, have announced a successful new discovery of natural gas and condensate onshore at the Mahani field in Sharjah. The discovery at Mahani-1 exploration well, with flow rates of up to 50 million standard cubic feet per day, comes within the first year of the partnership and ...
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DUBAI / WAM Emirates NBD has announced that it delivered a strong set of results with net profit up 44% y-o-y to AED14.5 billion in 2019. According to a press statement issued by the bank on Monday, net interest income increased 26% due to loan growth and non-interest income grew 38% due to higher foreign exchange and credit card related ...
Read More »RAS AL KHAIMAH / WAM HH Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, has issued compensation of AED9 million to those affected by the recent rain in the Emirate. A committee was established under Sheikh Saud’s directions, including the directors of several departments and local bodies in the Emirate, to assess the ...
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DUBAI / Emirates Business Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, reported a net profit of AED871 million in 2019, representing a remarkable increase of 8.3% year-over-year (YoY). The company has achieved a total revenue of AED2.19 Bn an increase of 7.9% YoY. Commenting on Empower’s financial results at the annual press conference, Ahmad ...
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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, held talks with Kassym-Jomart Tokayev, President of the Republic of Kazakhstan at the Al Watan Palace in Abu Dhabi, where they addressed bilateral ties and ways to strengthen them. They also discussed the developments ...
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Abu Dhabi / WAM Abu Dhabi Commercial Bank (ADCB) on Monday reported its full year financial results for 2019, announcing a net profit of AED5.244 billion with double-digit annualised return on tangible equity of 11.2%. The Board of Directors has recommended a cash dividend of AED0.38 per share, translating to a pay out of AED2.644 billion, equivalent to 50% of ...
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