Local News

6 bidder consortia submit proposals for Solar PV Independent Power Project in Abu Dhabi

  Abu Dhabi / WAM The Abu Dhabi Water and Electricity Authority (ADWEA) and Abu Dhabi Water and Electricity Company (ADWEC) announced on Monday that six pre-qualified bidder consortia submitted proposals for the Solar PV Independent Power Project at Sweihan, in the Emirate of Abu Dhabi, following five months of bid preparations. The project will comprise, inter alia, the development, financing, ...

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Dubai to host Mideast’s biggest-ever hospitality event in 2017

  Dubai / Emirates Business The Middle East’s biggest ever hospitality event is set to launch in 2017 to support accelerated industry growth in the run up to Expo 2020. ‘Dubai International Hospitality Week’ – organised by Dubai World Trade Centre (DWTC) and dmg events – will bring together dmg’s The Hotel Show with the launch of DWTC’s GulfHost. The ...

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Security threat from ‘ransomware’ on rise this year: Paladion

  Dubai / Emirates Business Paladion, a leading security services provider in the Middle East has said that the fastest-growing area of cybercrime has developed into a $1 billion-a-year industry complete with customer care departments set up to secure payments from victims of ransomware attacks. Cyberattacks using ransomware – a form of malicious software that allows criminals to encrypt personal ...

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Call for streamlined approach to security in oil & gas sector

    Abu Dhabi / Emirates Business Organisations in the oil and gas industry must adapt to an increasingly interconnected energy landscape by taking a streamlined and coordinated approach to security, urge UAE and international experts. The promise of emerging technology brings with it a growing concern of data and infrastructure protection within the industry, which has proven to be ...

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Sharjah Libraries attends IFLA library congress

  Sharjah / Emirates Business Over 3,100 participants from 137 countries, including the Sharjah Libraries delegation from Sharjah Book Authority (SBA), attended the 82nd IFLA World Library and Information Congress (IFLA WLIC) — the annual flagship conference of the International Federation of Library Associations (IFLA) — held in Columbus, Ohio, USA. Over the course of its visit, the Sharjah Libraries ...

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Jury appointed for Etisalat Award for Arabic Children’s Literature

  Sharjah / Emirates Business The judging panel for the 8th edition of the Etisalat Award for Arabic Children’s Literature, which will be announced on November 2, has been approved and appointed by the award’s management. Organised by the UAE Board on Books for Young People (UAEBBY), and sponsored by the Emirates Telecommunication Corporation (Etisalat Group), the jury comprises five ...

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ADX market capitalisation records AED30bn increase

ABU DHABI/ WAM Market capitalisation of the Abu Dhabi Securities Exchange (ADX) reached AED441 billion during the first eight months of 2016, registering an increase of AED30 billion in the market value of shares of listed companies. Rashid Al Baloushi, CEO of ADX, noted that the increase in market capitalisation is a result of the positive performance of its listed ...

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UAE’s first VLCC berth to be inaugurated in Fujairah

  FUJAIRAH / WAM The UAE’s first berth for very large crude carriers (VLCC) will be inaugurated in the Indian Ocean sea port of Fujairah on Wednesday, September 21, by H.H. Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah. Fujairah’s oil terminal, considered the world’s largest bunkering facility in terms of operational capacity, is set ...

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Economy Minister honours Mawarid Finance for supporting Emiratis

  DUBAI / WAM Sultan bin Saeed Al Mansouri, Minister of Economy, has recognised the Mawarid Finance Group of Companies for supporting the emiratisation of jobs in auditing, financial services and financial management, with a focus on hiring Emirati women. The honour recognises an initiative of the Accountants and Auditors Association’s financial services committee to determine the number of Emiratis ...

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‘Science, arts key pillars of progress’

  Abu Dhabi / WAM Science and arts are key pillars of development, and education should pay attention to them through the adoption of best international practices, H.H. Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council, has noted. “If technology contributes to push the development wheel forward, arts – including music – serve as a mirror ...

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