Local News

Abu Dhabi / WAM Abu Dhabi Securities Exchange (ADX) has signed a Memorandum of Understanding with the Society for Worldwide Interbank Financial Telecommunication (SWIFT) and seven leading global Central Securities Depository (CSD) companies to collaborate on Distributed Ledger Technology (DLT) implementation in post trade operations, as well as capital market transactions. Today, securities processing, particularly in areas requiring multi-party contact ...

Abu Dhabi / WAM Following the results of a global industry competition launched during Abu Dhabi Sustainability Week last year, Abu Dhabi Future Energy Company (Masdar), selected autonomous vehicle producer NAVYA as the most technically and commercially qualified candidate, to help build the next phase of the mobility network of Masdar City. The driverless vehicle network, currently serving the sustainable ...

Abu Dhabi / WAM Dr Mohammad Salim Al Olama, Under-Secretary of the UAE Ministry of Health and Prevention (MoHAP), has met with Frank Mollen, Ambassador of the Netherlands to the UAE, in the presence of Dr Issa Al Mansouri, Director of the Under-Secretary Office and Director of the International Health Relations. During the meeting, the two sides discussed the opportunities ...

Dubai / WAM Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority (DEWA), received a German delegation, headed by Rainer Baake, State Secretary at the Federal Ministry for Economic Affairs and Energy, at DEWA’s stand during its participation at the World Future Energy Summit (WFES), in Abu Dhabi. The meeting supports DEWA’s commitment to enhance ...

Abu Dhabi / WAM Najeeb Al Ali, Executive Director of the Expo 2020 Dubai Office, has said that some of the participating countries in Expo 2020 Dubai will begin building their pavilions at the start of April 2018, while pointing out that over 180 countries will participate in Expo 2020. He also expects the Expo to receive 25 million visitors, ...

Abu Dhabi / Reuters First Abu Dhabi Bank (FAB), the largest bank in the United Arab Emirates, has issued a $610 million Formosa bond, it said on Monday, confirming an earlier Reuters report. Formosa bonds are sold in Taiwan by foreign borrowers and are denominated in currencies other than the Taiwanese dollar. First Abu Dhabi Bank priced the deal last ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, honoured the nine winners of the Zayed Future Energy Prize 2018, during an award ceremony held on Monday in Abu Dhabi, as part of Abu Dhabi Sustainability Week. The tenth edition of this key ...

Abu Dhabi / WAM Masdar, Abu Dhabi Future Energy Company, on Monday unveiled the all-electric Eco-Bus at the Abu Dhabi Sustainability Week (ADSW). A template for future sustainable public transport solutions, the working prototype was jointly developed by Masdar and Abu Dhabi-based Hafilat Industry in collaboration with the Masdar Institute, part of Khalifa University of Science and Technology. Technology partner ...

Dubai / WAM Expo 2020 Dubai, in collaboration with the Ministry of Climate Change and Environment and the Ministry of Education, on Monday launched the ‘Sustainability Champions’ programme for all schools across the UAE aimed at leaving a lasting renewable energy legacy for the nation. Public and private schools have an opportunity to showcase how they are playing their part ...

Abu Dhabi / WAM The Emirates Central Cooling Systems Corporation, Empower, is participating at the 11th World Future Energy Summit (WFES) at ADNEC. The company highlighted the role of energy and water efficiency in the future of sustainable cooling and is also showcasing the latest model of its energy-efficient district cooling plant in Business Bay. Empower underlined the sustainable features ...