Local News

ABU DHABI / WAM Entrenching Abu Dhabi’s standing as a centre for promoting values of tolerance, peaceful co-existence, cultural interaction and a magnet for tourists from across the world, the Sheikh Zayed Grand Mosque attracted 5,790,101 visitors in 2017. According to statistics released by the Sheikh Zayed Grand Mosque Centre, the tally included 1,400,965 worshippers and 3,417,130 visitors. Ahmed Juma ...

Abu Dhabi / Emirates Business The United Arab Emirates is embarking on ambitious plans to achieve global lead in innovative technologies, with a focus on artificial intelligence, Internet of Things (IoT) and autonomous systems. “Remotely controlled vessels and autonomous ships are no longer a vision of the future; rather they are a reality of today,” states Basel Shuhaiber, CEO of ...

Dubai / WAM Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA), revealed that mass transit means in Dubai comprising the Metro, Tram, Buses, marine transport (Abra, Ferry, Water Taxi & Water Bus), and taxis (Dubai Taxi & franchise companies) had lifted 551.7 m riders in 2017 according to RTA’s Statistics ...

Abu Dhabi / WAM Abu Dhabi University (ADU) has welcomed around 7,863 returning and new students for the Spring Semester to pursue their studies across university’s 44 internationally accredited undergraduate, postgraduate and doctoral programmes. The Spring Semester will end on June 25. Dr. Waqar Ahmed, Interim Chancellor of the university, confirmed that all preparations have been completed for the beginning ...

Abu Dhabi / Emirates Busines Strata Manufacturing PJSC (Strata), the advanced composite aero-structures manufacturing facility wholly owned by Mubadala Investment Company PJSC, has revealed key business highlights for 2017 as it continues to make its mark on the global aerospace supply chain and contribute towards Abu Dhabi’s economic diversification plans. The Al Ain-based business is seeking to reinforce its position ...

ABU DHABI / WAM The UAE-based banks’ total assets surged to $734 billion (AED2.693 trillion) at the end of 2017 from AED2.642 trillion by the end of Q3 in the same year, continuing to be on top of GCC-based banks in terms of assets for the third year running. The resilient solvency of UAE banks comes on the back of ...

Abu Dhabi / WAM The collapse in global oil prices between June 2014 and January 2016 led to nearly one trillion US dollars in investment being frozen or discontinued with “many hundreds of thousands of jobs” being lost throughout the industry, according to UAE Minister of Energy and Industry, Suhail bin Mohammed Faraj Faris Al Mazrouei. Now it is time ...

Abu Dhabi / WAM Hosted by the Abu Dhabi Sustainability Group (ADSG), the fourth annual Abu Dhabi Sustainable Business Leadership Forum has started in the capital, bringing together some of the greatest names and companies at the forefront of sustainable business across the region. Up to 200 of the region’s business leaders participated in a range of workshops, meetings and ...

Abu Dhabi / Emirates Business HE Engr Sultan bin Saeed Al Mansoori, UAE Minister of Economy, successfully launched a new guide entitled, ‘The Innovative Guide for Companies in the UAE,’ which was done by the Ministry of Economy in cooperation with the National Research Council (CNR) – Research Institute on the Sustainable economic growth. The new guide was developed and ...

Abu Dhabi / WAM The UAE Ministry of Energy and Industry and General Electric (GE) Power have organised a workshop to discuss best practices in promoting power plant flexibility and sustainability to help meet evolving energy needs in the country. The workshop was held in Abu Dhabi and attended by senior officials of the Ministry, leading power plant operators and ...