Abu Dhabi /Â WAM Masdar Institute is keen to strengthen its research efforts in the field of water desalination in the light of the challenges facing the region, including the scarcity of water resources, Dr. Behjat Al Yousuf, Interim Provost, Masdar Institute of Science and Technology, has said. She cited that the per capita consumption of water in the state ...
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US$50 million funding round for renewable energy projects opens
Abu Dhabi / WAM The International Renewable Energy Agency (IRENA) and the Abu Dhabi Fund for Development (ADFD) have officially opened the fifth round of funding for renewable energy projects in developing countries. The funding round of approximately US$ 50 million is part of ADFD’s US$ 350 million (AED 1.285 billion) commitment offering concessional loans to renewable energy projects endorsed ...
Read More »Ajman Tourism sponsors fourth Gulf Business Women Forum
Ajman / Emirates Business HH Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, honored the Ajman Tourism Development Department (ATDD) for sponsoring and supporting the 4th Gulf Business Women Forum that was held on November 9-10 at Fairmont Ajman Hotel. In line with its commitment to support the Forum and keenness to communicate with ...
Read More »UAE showcases ‘tech-driven’ cleaning solutions
DUBAI / Emirates Business UAE’s cleaning sector is fast adopting automated technologies; this was evident from the latest technologies demoed at Middle East Cleaning Technology Week (MECTW) being held at Dubai International Convention Centre from November, 13-15. The largest event for the cleaning sector in the region, for the first time, hosted live demos for innovative products in the ...
Read More »IHG, Al-Futtaim sign deal for UAE’s largest Holiday Inn hotel
Dubai / Emirates Business InterContinental Hotels Group (IHG), one of the world’s leading hotel companies, and Al-Futtaim, one of the region’s most progressive business houses headquartered in Dubai, have signed an agreement for the management of the largest Holiday Inn hotel in the UAE. The 520-room Holiday Inn Dubai Festival City will operate under a management agreement with Dubai ...
Read More »Aldar awards AED30mn early works contract for Mayan project
ABU DHABI / WAM Aldar Properties has awarded the early works contract for the first phase of ‘Mayan’, a residential development located on Yas Island, to Dutch Foundation and Concrete Rehabilitation Company, WLL. The AED30 million contract provides for shoring, piling and earthworks for Mayan’s 512 apartments which are spread across five buildings. The Abu Dhabi-based full-service engineering foundation ...
Read More »Abu Dhabi Chamber of Commerce, Paraguay to hold investment forum
ABU DHABI / WAM Ibrahim Al-Mahmoud, First Deputy Chairman of the Abu Dhabi Chamber of Commerce and Industry, met with a Paraguayan ministerial delegation and discussed ways to enhance cooperation between companies and businessmen from both sides. The delegation included Gustavo Leite, Minister of Industry and Commerce, and Santiago Pena, Minister of Finance. During the meeting, the parties also ...
Read More »VP issues free zones law
DUBAI / WAM In his capacity as Ruler of Dubai, Vice President and Prime Minister of the United Arab Emirates, His Highness Sheikh Mohammed bin Rashid al Maktoum, issued Law No. 15 of 2016 on the regulations issued by the authorities of free zones and special development zones in Dubai. The new Law is applicable to all free zones ...
Read More »e-Dirham adds AED5.8bn to government revenues
ABU DHABI / WAM Government revenues from the e-Dirham system during the first nine months of this year stood at AED 5.8bn. The number of e-Dirham transactions rose by 20% year on year, to reach 15 million transactions during the first nine months of 2016 as compared to around 12.5 million transactions during the same period in 2015, according ...
Read More »Fujairah steps up efforts to become hub for oil trading and storage
Fujairah / WAM Fujairah, which hosts the Middle East’s largest commercial storage capacity for refined oil products, on Sunday appointed S and P Global Platts to distribute the Emirate’s weekly inventory data starting in early 2017 as part of its effort to position the Indian Ocean port-city as a global oil trading and storage hub. The Fujairah Oil Industry Zone ...
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