Local News

UAE, Azerbaijan to boost investments cooperation

Dubai / WAM His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance, received Samer Sherifov, Minister of Finance of Azerbaijan. His Highness and the visiting minister exchanged a number of financial issues and means to further develop cooperation between the two friendly countries in the field of joint investments of mutual benefit. ...

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UAE issues travel warning to Ethiopia

Abu Dhabi / WAM The Ministry of Foreign Affairs and International Cooperation (MoFAIC), on Wednesday warned UAE citizens travelling to Ethiopia to be vigilant. The ministry has asked them to avoid visiting Oromia, Amhara, and Harari regions in light of the current situation in the country. It has also urged Emiratis to exercise caution and avoid any assemblies or demonstrations, ...

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Special stamps to mark Abu Dhabi Tour launched

Abu Dhabi / WAM The Emirates Post Group (EPG), issued special stamps to mark the 4th edition of the Abu Dhabi Tour, which started on Wednesday under the patronage of HH Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council. Organised by the Abu Dhabi Sports Council in collaboration with RCS Sports, it continues until February ...

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Prototype for Hyperloop to be unveiled in Dubai

Dubai / WAM Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA), has announced that the RTA would unveil the initial design of the Hyperloop, which will be exhibited for the first time in the world, in collaboration with Virgin Hyperloop One, as part of its participation during UAE Innovation ...

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UAE Food Bank to collect left-over items at Gulfood

Dubai / WAM The UAE Food bank will collect at the end of the Gulf Food Exhibition the food items that are being displayed at various stalls in the event and distribute them to needy people through authorised charity organisations. The UAE Food bank, which is participating in the Gulf Food Exhibition as part of its activities during the Year ...

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ENEC demonstrates committment to eco-protection, sustainability

Dubai / Emirates Business His Excellency Dr Thani bin Ahmed Al Zeyoudi, Cabinet Member and UAE Minister of Climate Change and Environment, visited the Barakah Nuclear Energy Plant today, where he witnessed the Emirates Nuclear Energy Corporation ‘s (ENEC) commitment to sustainability and environmental protection. His Excellency Dr Al Zeyoudi also observed the significant progress being made across all four ...

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Etisalat profit hits $2.2bn

Abu Dhabi / WAM Etisalat Group announced on Tuesday its consolidated financial statements for the 12 months ending December 31, 2017. Etisalat UAE revenues amounted to AED31.2 billion and increased year over year by 3%, while net profit after federal royalty reached to AED8.2 billion and increased year over year by 5%. It proposed dividend payout of 40 fils per ...

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Abu Dhabi talks cooperation ties with Argentina

Abu Dhabi / WAM Ibrahim Al Mahmoud, First Deputy Chairman of the Board of Directors of the Abu Dhabi Chamber of Commerce and Industry, has discussed, during his meeting with Juan Luiz Manzur, Governor of Tucuman Province in Argentina, and his delegation the economic cooperation between Abu Dhabi and Tucuman Province. The meeting, which was held at the Chamber’s headquarters, ...

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Dewa, Denmark seek closer ties in power sector

DUBAI / WAM Saeed Mohammed Al Tayer, MD & CEO of DEWA inaugurated workshops that aim to review and exchange best international practices and discuss investment-enhancing opportunities in electricity and water, building retrofits, energy efficiency, and sustainability. Al Tayer emphasised the importance of close co-operation between DEWA and Danish firms in energy and water sectors. He highlighted DEWA’s plans and ...

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NPCC grows India footprint

Abu Dhabi / WAM National Petroleum Construction Company (NPCC), part of Senaat Abu Dhabi, has expanded its operations in Hyderabad by creating a new office that employs over 450 people. The 40,000 Sq Ft Hyderabad Engineering Office will work with Abu Dhabi, Mumbai and La Ciota Engineering Offices in executing global projects in the energy sector. The company will run ...

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