Abu Dhabi / Emirates Business Zayed University officially inked a Memorandum of Understanding (MoU) with Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi), the governmental authority responsible for the preservation, protection and promotion of the emirate’s cultural heritage, tourism and culture at Zayed University in Abu Dhabi campus. The MoU was signed by Professor Reyadh AlMehaideb, Vice President ...
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Mubadala, IPIC merger creates $125 billion fund
ABU DHABI / Reuters Abu Dhabi’s government merged two of its top investment funds on Saturday to strengthen their financial clout in an era of low oil prices, creating a company with assets totalling about $125 billion. The new fund, Mubadala Investment Co, was formed by merging Mubadala Development Co and International Petroleum Investment Co, which own corporate stakes ...
Read More »SCA, MBR Foundation sign cooperation pact
ABU DHABI / WAM The Securities and Commodities Authority (SCA) and the Mohammed bin Rashid Al Maktoum Foundation signed an agreement initiating exchange of expertise and knowledge to promote co-operation in economic and cultural development. The agreement allows the two entities to share data and statistics, co-organise relevant conferences and workshops and conduct training courses on financial markets and ...
Read More »World needs 25 percent more energy to meet demand by 2040
ABU DHABI / WAM At the heart of the world’s sustainable development goals lies one crucial statistic. By 2040, we will require at least 25% more energy than is currently produced to meet the needs of a rapidly growing, global population, Dr Sultan bin Ahmed Sultan Al Jaber, UAE Minister of State said. He added that keeping pace with ...
Read More »Mohamed to attend Indian Republic Day celebrations
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, will attend 68th Republic Day celebrations as a chief guest. During the visit, Sheikh Mohamed will hold official talks with President of India Pranab Mukherjee and Indian Prime Minister Narendra Modi. He will ...
Read More »Dubai South, Deyaar to build mixed use real estate project
DUBAI / Emirates Business Dubai South signed a strategic alliance agreement (MoU) with Deyaar Development PJSC, for a joint development of a mixed-use project within the Residential District at Dubai South. The memorandum of understanding was signed by Ahmed Al Ansari, Acting CEO Dubai South and Saeed Al Qatami, CEO, Deyaar Development. Building on its endeavor to provide unique ...
Read More »Mohammed bin Rashid Smart Majlis receives 35,000 ideas
Dubai / WAM The Mohammed bin Rashid Smart Council received more than 35,000 innovative and developmental ideas since its launch one year ago. These ideas have been studied by a team of more than 460 employees working in 41 government and private entities- in a bid to maintain the Smart Council’s role as a leading international platforms for ideas. “This ...
Read More »Dubai Customs scores 96.2% on happiness index
Dubai / WAM Dubai Customs scored an overall 96.2 percent on Dubai Smart Office’s happiness meter. Sultan Ahmed bin Sulayem, Group Chairman and Chief Executive Officer of DP World said he is happy with the result of this important evaluation that covered the website, the services and customs centers. “I am happy with this result which reflects the great level ...
Read More »DEWA-Masdar Institute project qualifies for 2nd ‘UAE Drones for Good Award’
Dubai /Â WAM Dubai Electricity and Water Authority (DEWA) and Masdar Institute of Science and Technology (Masdar Institute) have qualified for the second UAE Drones for Good Award based on their joint efforts to develop drone technology. The Award was launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler ...
Read More »Abu Dhabi Ports delivers IALA certified courses to local maritime entities
Abu Dhabi /Â WAM Abu Dhabi Ports, one of nine organisations to offer certified courses by the International Association of Marine Aids to Navigation & Lighthouse Authorities (IALA) worldwide, conducted the IALA Aids to Navigation (AtoN) Level-2 training course to the first group of external trainees from entities that provide maritime and offshore services in the UAE. The training course ...
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