Local News

  Abu Dhabi / WAM Abu Dhabi’s renewable energy company Masdar announced the winner of its fifth Engage Social Media Contest. This year’s winning post was submitted by Seva Karpauskaite from Kaunus, Lithuania. Her video, featuring the iconic Washington, D.C., monuments as a backdrop, explored the need to develop green structures that would allow clean technologies to expand and scale in ...

  Dubai / WAM The Department of Economic Development (DED) in Dubai issued a record number of 26,707 new business licences in 2016 as the improved ease of doing business and increasing competitiveness in the emirate spurred optimism among investors and entrepreneurs. The results achieved by the Business Registration and Licensing (BRL) sector in DED point to commercial activity in the ...

  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, stressed the UAE, led by President His Highness Sheikh Khalifa bin Zayed Al Nahyan, would not deviate from the path and the firm approach to serve humanity. His Highness Sheikh Mohamed bin Zayed made ...

  Abu Dhabi / WAM The growth of Foreign Direct Investments (FDIs) in the Emirate of Abu Dhabi in 2016 has hit 8% equaling AED 95.145 billion compared with AED 88.95 billion in 2015. The new figures came in the estimation of the annual report on Direct Foreign Investment in the Emirate of Abu Dhabi, issued by the Statistics Center – ...

  Abu Dhabi / WAM The Emirates Central Cooling Systems Corporation (Empower) a district cooling services provider, said it would take part in the 10th World Future Energy Summit, WFES, to be held as part of Abu Dhabi Sustainability Week (ADSW) 2017, under the theme “Practical Steps Towards a Sustainable Future.” The event will be held from January 16-19 at the ...

  Abu Dhabi / WAM In response to the declaration of UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan that 2017 is to be the “’Year of Giving,” Zayed Giving Initiative (ZGI) launched the Neighbourhood (freej in Arabic) Feast initiative as part of the national efforts to promote the culture of giving back to the community and enhance the ...

  Dubai / WAM Dubai Electricity and Water Authority (DEWA) signed a Memorandum of Understanding (MoU) with Enel, a global market leader with domain expertise in the production, distribution, and transmission of electricity and natural gas. In a statement released on Saturday, DEWA said this is in adherence with the Smart Dubai initiative, launched by His Highness Sheikh Mohammed bin Rashid ...

  Abu Dhabi / Emirates Business Abu Dhabi has been ranked among the fastest-growing tourist destination in the world, and the fastest-growing destination in the Middle East, in a new report by financial services giant Mastercard. The Global Cities Index Report recognised the UAE capital’s compound annual growth rate of 19.81% in overnight visitors between 2009 and 2016, which places ...

  Abu Dhabi / WAM Abu Dhabi Fund for Development (ADFD) signed on Saturday an USD15 million concessionary loan agreement for the development of an innovative new hybrid solar and wind generation project in the Caribbean state of Antigua and Barbuda; one of the third funding cycle recipients of ADFD/IRENA Project Facility. The loan agreement was signed during the Seventh Session ...

  DUBAI / Emirates Business As part of its contributions to help improve human capital skills in the country in accordance with UAE Vision 2021, Imdaad, the GCC’s leading integrated facilities management (FM) company based in Dubai, expressed its optimism for the year 2017 and has forged a strategic partnership with Al nokhba Model School in Dubai to convert a ...