Local News

Dubai / WAM The Khalifa Fund for Enterprise Development has launched its latest initiatives and upgraded services at Gitex Technology Week 2018, under the Abu Dhabi government pavilion. Khalifa Fund participation falls in line with an aim of enhancing excellence, innovation, and creativity in the country and keeping with its mission to prepare the next generation of Emirati entrepreneurs and ...

Dubai / WAM The UAE Space Agency has become a member of the International Space Education Board (ISEB), following a unanimous vote by the organisation’s founding members that took place towards the end of the 69th International Astronautical Congress in Bremen, Germany, last week. The UAE’s representation will provide the first regional input to the group’s objectives of increasing literacy ...

DUBAI / WAM Dubai Electricity and Water Authority (Dewa), will hold two exhibitions at the Dubai International Convention and Exhibition Centre from October 23-25. The announcement came during a press conference, where Saeed Mohammed Al Tayer, Dewa Managing Director and CEO, provided details on the 20th Water, Energy, Technology, and Environment Exhibition (Wetex 2018), and the 3rd Dubai Solar Show. ...

Dubai / WAM Etisalat is presenting a major digital showcase in ‘Future of Mobility’, bringing global leaders in autonomous transport to Dubai and providing an insight into the future at this year’s Gitex Technology Week. This latest bid highlight Etisalat’s objectives and role in the ‘Dubai Autonomous Transportation Strategy’ that aims to transform 25 percent of the total transportation in ...

Dubai / WAM The opening of the 38th Gitex Technology Week has boosted local and international conviction that the UAE’s ambition to be the world’s number one smart service hub by 2021, is an ambition with a centralised mindset and a defined executive programme, said, Mohammed Jalal Alrayssi, Executive Director of the Emirates News Agency (WAM). The exhibition, which is ...

ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued Federal Decretal Law No.10 of 2018 on Netting, where its provisions shall apply to all qualified financial contracts, netting agreements specified under this law or collateral arrangement, which are entered into by any person in the state. This decretal law does not apply to the ...

ABU DHABI / WAM Adnoc Distribution’s shareholders have approved the Board of Directors’ recommendation to pay an interim dividend of AED735 million, at the company’s General Assembly meeting. Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State and Chairman of the Adnoc Distribution Board of Directors, said: “Adnoc Distribution has maintained its com- mitment to a progressive and consistent ...

ABU DHABI / WAM Abu Dhabi Ports and Etisalat have signed a Memorandum of Understanding (MoU) focussing on advancing technological capabilities and business opportunities in support of Abu Dhabi Economic Vision 2030. The partnership, signed at Gitex Technology Week, focusses on building shared electronic projects, exchanging knowledge, simplifying procedures, securing fixed and wireless telecommunications coverage, and managing operational risk. Etisalat ...

DUBAI / WAM A team from Mohammed bin Rashid Space Centre (MBRSC), have conducted the final technical tests on KhalifaSat, which arrived at Tanegashima Space Centre in Japan. KhalifaSat was prepared for mating with the launch vehicle, Rocket H-IIA, and has been successfully installed into it and is awaiting launch on October 29. The satellite is stored within a specially ...

CAIRO / WAM­­­­­ The UAE will participate in the Egypt’s inaugural International Business and Franchise Expo (BiznEX 2018). The expo will run from November 8-10 at the Egypt International Exhibition Centre, and will see the participation of 200 public and private investment organisations from across several Arab countries. Mohsen Adel, Chairman of the General Investment Authority of Egypt, said that ...