Local News

Abu Dhabi / WAM Borouge’s portfolio of creative and value creating plastics solutions including the breakthrough flexible packaging product Anteo were demonstrated at the 15th International Saudi Plastics and Petrochemicals and Print and Pack 2018 (Saudi PPPP) joint exhibitions held at the Riyadh International Convention and Exhibition Centre from January 21-24. Bringing together key players and professionals in the plastics ...

Sharjah / WAM The Sharjah Chamber of Commerce and Industry (SCCI), announced that 6,000 new companies joined the Chamber in 2017, reflecting Sharjah’s continuous attractiveness to foreign investment and a modern business environment capable of adding value to the companies that set up business in the emirate. The total number of members increased by 6.8 percent year-on-year to 69,108 members ...

Dubai / WAM Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), welcomed Liborio Stellino, Ambassador of Italy to the UAE, as part of diplomatic and consular visits to DEWA. During the meeting, Al Tayer emphasised the importance of cooperation between DEWA and Italian energy companies, and working to develop them on a wider scale. ...

DUBAI / WAM Expo 2020 Dubai has launched its first international marketing campaign, using hands to demonstrate the power of human collaboration. Using bold colours and the dexterity of dozens of hands, the campaign visuals create the illusion of easily recognisable objects, such as the Burj Khalifa, a lightbulb, Earth and wind turbines. The launch comes with 1,000 days to ...

Abu Dhabi / WAM A record 4.87 million people stayed in Abu Dhabi’s 162 hotels and hotel apartments during 2017, with the emirate recording an impressive 9.8 percent year-on-year rise. Figures released by the Department of Culture and Tourism – Abu Dhabi (DCT) for its hospitality sector reveal that the number of guests staying in Abu Dhabi city during the ...

Abu Dhabi / WAM More than $15 billion worth of projects and funding was announced at the World Future Energy Summit (WFES) and its co-located events, the International Water Summit and EcoWASTE Exhibition, which took place during Abu Dhabi Sustainability Week 2018, hosted by Masdar. The deals, which combined a number of local, regional and international agreements, strengthen the UAE’s ...

DUBAI / Agencies Dubai-based ports operator DP World and India’s National Investment and Infrastructure Fund (NIIF), a quasi sovereign wealth fund, said on Monday they had created a fund to invest up to $3 billion of equity in the transport and logistics sectors in India. The money will target acquiring assets and developing projects in sea and river ports, freight ...

Bloomberg Abu Dhabi’s government oil producer received bids in the fourth quarter from international energy companies seeking stakes in offshore fields that pump about 25 percent of the Persian Gulf emirate’s crude. Abu Dhabi National Oil Co. is reviewing commercial bids from the companies it will choose from to help develop the deposits in a new joint venture, Adnoc said ...

Abu Dhabi / WAM Mohammed Thani Murshed Al Rumaithi, Chairman of the UAE Federation of Chambers of Commerce and Industry and Chairman of the Abu Dhabi Chamber of Commerce and Industry, and Husin Bagis, Ambassador of Indonesia to the UAE, discussed ways of promoting cooperation ties in investment and tourism sectors. Al Rumaithi praised the level of economic cooperation between ...

DUBAI / WAM The Roads and Transport Authority (RTA) and the Sustainable City Project have signed a Memorandum of Understanding (MoU) for the operation of autonomous vehicles within the facilities of the project situated in Dubai Land, Al Qudra Road, starting from February. The step stems from the keenness of both parties to support Dubai Government strategy of converting 25% ...