Ajman /Â WAM HH Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, has paid tribute to the UAE martyrs who sacrificed their lives while performing their national duty in military and humanitarian arenas. In a statement published by Nation Shield to mark Commemoration Day, Sheikh Humaid said that the UAE had adopted the policy of ...
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UAE remains resilient to drop in oil prices
Abu Dhabi / WAM On the occasion of the 45th National Day celebrations of the United Arab Emirates, the Emirates News Agency (WAM) issued a series of reports regarding the achievements of the state over the past year. In part five, we examine the state of the UAE economy. 2016 saw a sudden drop in oil prices that took ...
Read More »ADP, Kuwaiti company sign pact to build AED10mn manufacturing plant in KIZAD
Abu Dhabi Emirates Business Abu Dhabi Ports (ADP), the master developer, operator and manager of the Emirate’s commercial and community ports as well as Khalifa Industrial Zone, and Integral Plastic Industries Co. LLC on Tuesday signed a Musataha agreement to build a new manufacturing plant in Khalifa Industrial Zone (KIZAD) with an investment of AED10 million. The agreement was ...
Read More »Vice President of the Oriental Republic of Uruguay Visits The Sustainable City
Dubai / Emirates Business The Sustainable City received the Vice President of Uruguay, H.E. Raúl Fernando Sendic RodrÃguez recently, the region’s first fully sustainable community hosted a big commercial delegation that included, H.E. Dr. Nelson Yemil Chaben Ambassador of Uruguay to the UAE, Mr. Daniel Fernández, Vice-president ´s Chief of Staff, Mr. Carlos Fagetti, General Director of the Ministry ...
Read More »UAE theme parks to welcome 19mn visitors by 2020
Dubai / Emirates Business The UAE’s existing and new generation theme parks will attract more than 19 million admissions a year by 2020 if current trends continue, according to data released by Colliers International ahead of Arabian Travel Market 2017. The prediction is made using existing admissions and arrivals data for Yas Island’s Ferrari World and Waterworld and Dubai’s ...
Read More »Mubadala, HNA Group ink pact to expand collaboration
ABU DHABI / WAM Mubadala Development Company and the HNA Group, a global Fortune 500 company specialising in tourism, logistics and financial services, signed a memorandum of understanding (MoU) to expand investment collaboration between the two sides. Following a series of senior leadership meetings in Abu Dhabi, the companies agreed to explore co-development and co-investment opportunities across a range ...
Read More »DEWA, Masdar sign purchase pact for 800MW solar project
Dubai /Â WAM Dubai Electricity and Water Authority (DEWA) signed a Power Purchase Agreement (PPA) with Abu Dubai Future Energy Company (Masdar), for the 800MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park. The agreement was signed by Dr. Sultan Ahmed Al Jaber, Minister of State and Chairman of Masdar, and Saeed Mohammed Al Tayer, MD & ...
Read More »ADNOC employees mark 45 years of success and contribution to UAE’s development
Abu Dhabi / WAM Over 2,000 Abu Dhabi National Oil Company (ADNOC) Group employees, from across 18 operating companies, walked together, on Monday, from ADNOC’s headquarters to the headquarters of the Abu Dhabi Company for Onshore Petroleum Operations (ADCO), and back, to mark the 45th anniversary of the founding of ADNOC on November 28,1971. Dr Sultan Ahmed Al Jaber, UAE ...
Read More »Mohamed praises dedication of national recruits’ to homeland
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, has expressed his pride in the nation’s youth in a text message sent to all national and reserve service recruits, and those who had completed the training. He lauded the national spirit, responsibility, commitment, ...
Read More »World Islamic Retail Banking Conference kicks off in Dubai
Dubai / Emirates Business The 8th annual edition of World Islamic Retail Banking Conference (WIRBC) kicked off at The Dusit Thani Hotel in Dubai on Monday with the participation of over 200 delegates attending to hear what more than 40 experts in the field have to say about consumer behaviour, innovations and strategies in the global Islamic banking landscape ...
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