Abu Dhabi / WAM The Special Olympics World Games 2019 generated AED 957 million in economic output during the 10-day event that was held in the UAE in March, according to a study conducted by PwC Middle East. The economic output measures the increase in economic output expressed as the value of all sales of goods and services generated by ...
Read More »Local News
UAE humanitarian help for Socotra continues
HADIBU, Socotra, Yemen / WAM With inhabitants of the remote Yemeni island of Socotra continuing to face difficulties because of a lack of infrastructure, humanitarian aid from the UAE is continuing to flow to the island, officials at the Sheikh Khalifa bin Zayed Al Nahyan Foundation told Emirates News Agency (WAM). The Foundation and the Emirates Red Crescent (ERC), have ...
Read More »DLD awarded in ‘productivity’ category
Dubai / Emirates Business Dubai Land Department (DLD) announced its achievement of the ‘Ideas Arabia 2019’ award, an addition to its track record of many local and international accomplishments, after taking first place in the “Productivity†category for its ‘Building Survey and Classification’ initiative. HE Sultan Butti bin Mejren, Director General of DLD, said: “We are proud of this remarkable ...
Read More »DoE’s ‘recycled water policy’ to fulfill future needs
Abu Dhabi / WAM Abu Dhabi Department of Energy (DoE), announced the launch of a ‘Recycled Water Policy,’ that will ensure optimal use of recycled water in the emirate. Announced during a workshop held by DoE, which was attended by all concerned parties, the policy supports efforts to preserve Abu Dhabi’s water resources, including drinking and underground water, in order ...
Read More »Rakez Media Zone license issuance up 177% in May
RAS AL KHAIMAH / WAM The number of new media licences and freelancer permits issued under the Rakez Media Zone has jumped 177 percent to 360 companies and freelancers in May, up from 130 in May 2018. Of the new licences registered, 150 belong to companies and the rest to freelancers. Rakez issues media licences to companies in the fields ...
Read More »17th Irena Council meet concludes in Abu Dhabi
ABU DHABI / WAM The 17th meeting of the International Renewable Energy Agency (Irena), Council concluded on Wednesday in Abu Dhabi. Chaired by Luxembourg, the event marked the first official Council meeting hosted by Francesco La Camera, newly appointed Director-General of Irena. Over the course of two days, around 360 government representatives from 116 countries discussed the challenges facing the ...
Read More »ADGM announces launch of new fintech, innovation initiatives
ABU DHABI / WAM Abu Dhabi Global Market (ADGM), announced its upcoming launch of a new initiative, ‘FinTech 50’, and the third edition of the ‘Innovation Challenge’, as part of the fintech Abu Dhabi Festival 2019. The ADGM Innovation Challenge poses a set of fintech problem statements that represent the various challenges that financial institutions, corporates, and consumers face in ...
Read More »Abu Dhabi airport records 564,042 passengers on Eid holidays
ABU DHABI / WAM Abu Dhabi International Airport (AUH), handled 564,042 passengers during the nine-day-long Eid Al Fitr holiday, the beginning of the summer season. During the holiday period, between May 31 and June 8, AUH welcomed 200,867 origin and destination (O&D) travelers, and a total of 361,764 transit passengers. The top five destinations for passengers departing from AUH were: ...
Read More »FTA to refund housing tax worth AED17.5m
ABU DHABI / WAM Khalid Ali Al Bustani, Director-General of the Federal Tax Authority (FTA), revealed that the FTA approved 390 requests to refund housing tax worth AED17.52 million, in implementation of the vision of the UAE’s leadership to create a modern housing system for UAE citizens and provide them with the best living standards. In statements to Emirates News ...
Read More »One of the world’s largest offshore oil platforms inaugurated in UAE
Abu Dhabi / WAM His Highness Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council, on Wednesday inaugurated one of the world’s largest offshore oil platforms – the Umm Lulu Gas Treatment Plant (ULGTP), in the presence of His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, and His ...
Read More »