Local News

  Dubai / WAM The number of golden visas issued in all categories increased to 79,617 in 2022, up from 47,150 in 2021, the General Directorate of Residency and Foreigners Affairs in Dubai (GDRFA) said. The year ended on a high-note, completing millions of transactions and providing customers with high-quality smart services. The GDRFA also received a number of local ...

  Abu Dhabi / WAM The central bank of the UAE (CBUAE) has issued new guidance on anti-money laundering and combatting the financing of terrorism (AML/CFT) for licensed financial institutions (LFIs) including banks, finance companies, exchange houses and insurance companies, agents and brokers. The guidance, which comes into effect immediately, will assist LFIs’ understanding of risks and effective implementation of ...

  Abu Dhabi / WAM Abu Dhabi Global Market (ADGM) has issued the ADGM Healthcare Regulations 2022, which adopt the Abu Dhabi onshore healthcare legislation, including the regulations, rules, standards, guidance and circulars for healthcare operators and professionals issued by the Department of Health Abu Dhabi (DoH) into ADGM’s legislative framework. As a result of this adoption, ADGM’s Registration Authority ...

Abu Dhabi / WAM Borouge Plc announced on Wednesday that its block polypropylene (PP-B) materials have been selected by the consultant and contractor of the engineering, procurement and construction (EPC) works to manufacture drainage pipelines of the third line of the Greater Cairo Metro project in Egypt. Through the partnership, Borouge will provide its materials to Egyptian German Industrial Corporate ...

Geneva / WAM Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, headed the UAE delegation participating in a high-level international conference held in Geneva, which was organised by the Pakistani government and the United Nations. Held in the presence of Pakistani Prime Minister Shehbaz Sharif and UN Secretary-General António Guterres, the conference aimed to discuss efforts to ...

  Abu Dhabi / WAM The UAE welcomed the start of the final round of Sudan’s political process leading to a civilian-led government and expressed its wishes for the success of Sudanese parties in their aim to complete the transitional phase. The Ministry of Foreign Affairs and International Cooperation underscored the UAE’s readiness to deepen cooperation with Sudan and advance ...

  Abu Dhabi / WAM Masdar announced the signing of an agreement with the Ministry of Energy of Kyrgyz Republic to develop a pipeline of renewable projects in the country. The projects, with a total capacity of up to 1 gigawatt (GW), start with a 200-megawatt solar photovoltaic (PV) plant. The implementation agreement was signed by Ibraev Taalaibek Omukeevich, Minister ...

  Abu Dhabi / WAM Abu Dhabi National Oil Company (Adnoc) has announced the formation of Adnoc Gas, effective January 1, its new world-scale gas processing, operations and marketing company. The flagship company combines the operations, maintenance and marketing of the Adnoc Gas Processing and Adnoc LNG businesses into one global and market-leading consolidated business. As Adnoc grows its gas ...

  Abu Dhabi / WAM Mubadala Investment Company PJSC (Mubadala), an Abu Dhabi sovereign investor, and National Resilience, Inc. (Resilience), a technology-focused manufacturing company dedicated to broadening access to complex medicines, have signed a deal to further advance the UAE’s life sciences ecosystem through biopharma manufacturing. Through a development agreement, Mubadala will establish the new manufacturing facility, in which Resilience ...

  Sharjah / WAM The Sharjah Chamber of Commerce and Industry (SCCI) has discussed economic cooperation and ways to boost business relations with a high-level business delegation from the Arab Colombian Chamber of Commerce. The discussions were held during the Sharjah-Colombia business forum organised by the chamber on the sidelines of the Colombian business delegation’s visit to the emirate of ...