Local News

UAE hosts Youth Dialogue at COP24

Dubai / Emirates Business The Ministry of Climate Change and Environment and the Youth Climate Lab, an international organisation dedicated to creating collaborative youth projects to advance climate action, hosted a Youth Dialogue titled ‘Climate Mentorship for Youth’. The session ran on the sidelines of the 24th Conference of the Parties (COP24) to the United Nations Framework Convention on Climate ...

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Zayed Sustainability Prize’s ‘Guiding Light’ reaches Bolivia

ABU DHABI / WAM Following its successful launch in the Kingdom of Bahrain on December 5, the Zayed Sustainability Prize’s ‘Guiding Light’ campaign has arrived in Bolivia, and will ultimately result in the donation of 2,000 solar lanterns to off-grid communities, in the Municipality of San Juan. The 20×20 metre light installation, revealing the Zayed Sustainability Prize logo, was lit ...

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Adnoc pilots blockchain in oil, gas production

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) announced its successful collaboration with IBM, piloting a blockchain-based automated system to integrate oil and gas production across the full value chain. The groundbreaking system provides a secure platform for the tracking, validating and execution of transactions at every stage, from production well to the end customer. According to ...

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Ministry set to launch integrated payment system in UAE by 2020

DUBAI / WAM The Ministry of Finance (MoF) reviewed the future strategic development plan for the transformation of e-Dirham system, during its meeting with senior local and federal government officials. During the meeting, the development stages of e-Dirham system, since its launch in 2001, were reviewed, while strategic plan was evaluated to ensure the sustainability of the system and its ...

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ADGM opens world’s first fully digital courtroom

ABU DHABI / WAM Abu Dhabi Global Market Courts (ADGM Courts), the internationally recognised, independent courts of ADGM, has opened for viewing fully digital, bespoke courtroom at an exclusive launch event held in the ADGM building on Al Maryah Island. The digital courtroom, the first of its kind globally, is a testament to ADGM Courts’ commitment to delivering an innovative ...

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Abu Dhabi to host Unido forum in ’19

VIENNA / WAM Abu Dhabi has officially been selected to host the 2019 United Nations Industrial Development Organisation (Unido) General Conference, the organisation’s supreme policy-making organ which convenes every two years. The announcement was made following a vote by 53 member states of Industrial Development Board (IDB) at their 46th annual meeting in Vienna where they convened to review implementation ...

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Adnoc awards Chinese firm 4% interest in onshore concession

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc), announced on Sunday, the four percent stake in its onshore concession, previously held by CEFC China Energy Company Limited (CEFC China), has been acquired by North Petroleum International Company Ltd, a subsidiary of China ZhenHua Oil Co. Ltd. The ownership change has been approved by Abu Dhabi’s Supreme Petroleum ...

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Sharjah, Azerbaijan discuss ways to boost economic, trade ties

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI), held discussions with a trade delegation from Azerbaijan on developing economic cooperation, promoting mutual investments, exchanging trade missions, and building partnerships between the business communities in Sharjah and Azerbaijan. During the business meeting hosted by the SCCI at its headquarters on Sunday, the two sides reviewed prospects of cooperation ...

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Emirates Flight Catering to serve New Zealand pavilion at Expo 2020

Dubai / Emirates Business Emirates Flight Catering, part of The Emirates Group and one of the world’s largest caterers, has been selected to lead the hospitality and operations for the New Zealand pavilion at Expo 2020 Dubai. The New Zealand pavilion restaurant, part of New Zealand’s expansive 2,000sqm Expo 2020 presence, will be central to the country’s participation at Expo ...

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Etisalat launches new plans for its postpaid customers

Abu Dhabi / Emirates Business Etisalat on Sunday announced the launch of ‘Freedom’, its all-new postpaid plans. The new plans come with the freedom to choose from non-contract or a one-year contract plan offering customers the simplicity, flexibility and great benefits. For the first time in UAE, with Etisalat’s ‘Freedom’ plans customers will no longer have to sign a contract ...

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