Local News

Enoc to set up ‘futuristic’ service station for Expo 2020 Dubai

Dubai / WAM Emirates National Oil Company (ENOC), has been appointed Expo 2020 Dubai’s Official Integrated Energy Partner with plans to set up a ‘service station of the future’ at the next World Expo. In line with its commitment to support the socio-economic growth of Dubai and the UAE, ENOC Group believes that Expo 2020, which has a core theme ...

Read More »

EGA signs agreement on Guinea bauxite services

Abu Dhabi / WAM Emirates Global Aluminium (EGA) signed a 15-year agreement with LD Ports and Logistics on Sunday, a subsidiary of Louis Dreyfus Armateurs, for the trans-shipment of bauxite in the Republic of Guinea. Also, Louis Dreyfus Armateurs and Abu Dhabi Ports separately signed an agreement to form a joint venture company to work together to carry out the ...

Read More »

ADM’s AED118mn Al Maqta South project to be completed in Q2

ABU DHABI / WAM The Abu Dhabi City Municipality (ADM) nearly completed Roads and Infrastructure Project of District 25 at Al Maqta South. The project is expected to be completed in the second quarter of 2018 in cooperation with Musanada, at a cost of more than AED118 million, according to an ADM press release. The development includes construction of roads ...

Read More »

Dewa, GE sign AED192.7 million pact

DUBAI / WAM The Dubai Electricity and Water Authority (Dewa) has signed an agreement with General Electric to extend the lifetime of the GE 9E gas turbines at E station at the Jebel Ali Power and Desalination Station, worth AED192.7 million. The work is scheduled to start in the first quarter of 2019 and end in the first quarter of ...

Read More »

Al Qudra profit hits AED212mn

ABU DHABI / WAM Al Qudra Holding PJSC has posted consolidated net profit of AED212.4 million for the year 2017. This was announced at the annual general meeting for 2017, during which the board of directors announced “great results at all levels and presented its 2017 full activity report for financial year ending on December 31, 2017,” according to a ...

Read More »

DP World holds first live virtual annual meeting

DUBAI / WAM DP Global trade enabler DP World has staged the first ever live virtual annual general meeting for shareholders at its HQ in Jebel Ali. Shareholders were connected by a live webcast and telephone conference facility across the region and the world in order to cast their votes on the re-election of board members and to be briefed ...

Read More »

Abu Dhabi records double-digit growth in hotel guests in March

ABU DHABI / WAM The number of hotel guests staying in the emirate’s 163 hotels and hotel apartments in March reached 464,960, representing an increase of 12.3 percent compared to the same month last year, according to figures released by the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi). The total number of hotel guests in the ...

Read More »

844,636 factories get ‘Emirates Quality Mark’

Abu Dhabi / WAM Some 844,636 local and international factories and 40,636 products got the Emirates Quality Mark (EQM), by the end of 2017, compared to only 241 industrial facilities and 10,209 products in 2013, according to the Emirates Authority for Standardisation and Metrology (ESMA). In an exclusive interview with Emirates News Agency (WAM), Abdullah Al Moaini, Director-General of ESMA, ...

Read More »

Al Hilal Bank introduces ‘branch-in-a-box’ initiative

Abu Dhabi / Emirates Business Al Hilal Bank on Saturday announced the official launch of its unique concept, ‘Branch-in-a-Box” at Mushrif Mall in Abu Dhabi, expanding the bank’s digital presence in line with its journey towards enhancing financial services across the board. The ground-breaking concept has been created by Al Hilal Bank in partnership with Omnia Pay, one of the ...

Read More »

Multi-lane tunnel to open in Dubai on May 3

DUBAI / WAM A tunnel on both sides of Sheikh Rashid Street (Al Garhoud and Mina Rashid) comprising four lanes in each direction is set to open in Dubai on Thursday, according to Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA). Improving the traffic flow on Sheikh Rashid Street, this ...

Read More »
Send this to a friend