Local News

  Dubai / WAM Dubai Electricity and Water Authority (Dewa) announced that the water reservoir project it is building in Hatta is 75.9% complete. The project has a storage capacity of 30 million imperial gallons (MIG) at a cost of approximately AED86 million. It is expected to be complete in April 2023. Saeed Mohammed Al Tayer, MD and CEO of ...

  Abu Dhabi / WAM In celebration of UAE National Day, Yas Island Abu Dhabi will host a series of live entertainment and events every day from December 1-3. The celebrations will include an Ayallah performance across all Yas Island destinations including Ferrari World Abu Dhabi, Yas Waterworld and Warner Bros. World Abu Dhabi as well as CLYMB Abu Dhabi ...

  Dubai / Gulf Time The world is witnessing a game changer unravel in Saudi Arabia’s National Transformation Program (NTP) of Vision 2030, the action plan to incubate economic growth drivers from non-oil sectors. The global attention stems from two key differentiators anchoring Crown Prince and Prime Minister, His Royal Highness Prince Mohammed bin Salman Vision 2030- inclusivity and diverse ...

Abu Dhabi / WAM The Department of Health – Abu Dhabi (DoH), the regulator of the healthcare sector in the emirate, and US-based Eversight, one of the leading non-profit eye banks in the world, partnered to establish the UAE’s first Eye and Tissue Bank. The agreement will witness the creation, development and operation of a comprehensive and seamless eye transplantation ...

Abu Dhabi / WAM Hyperscale cloud computing is expected to provide SMEs and start-ups in the UAE with $17.1 billion (AED62.6 billion) worth of economic benefits from 2022 and 2030 — the equivalent of four percent of the country’s 2021 gross domestic product (GDP) — says a new report commissioned by Amazon Web Services (AWS) in partnership with Dubai Chamber ...

  Dubai / WAM During a high-level meeting at COP27 in Sharm El-Sheikh, a collaboration agreement was signed between Mariam bint Mohammed Almheiri, UAE Minister of Climate Change and Environment, Dr Shaikha Salem Al Dhaheri, Secretary-General of the Environment Agency Abu Dhabi (EAD), and Laila Mostafa Abdullatif, Director-General of Emirates Nature-WWF (ENWWF). The collaboration showcases the UAE’s commitment to scaling ...

Dubai / WAM Etihad Credit Insurance (ECI) and African Trade Insurance Agency (ATI) signed a reciprocal reinsurance agreement to strengthen trade ties and boost exports between the two markets by providing trade credit insurance and trade finance solutions to businesses. The deal follows the memorandum of understanding (MoU) each entity signed in March last year to enhance the global competitiveness ...

Abu Dhabi / WAM Dubai Multi Commodities Centre (DMCC) and SafeGold, Asia’s leading digital gold platform, have signed an MoU to advance SafeGold’s vision of digitising gold investment and enabling a digital ecosystem to flourish within the Middle East and North Africa region’s $20 billion gold market. With SafeGold’s proprietary technology and DMCC’s leadership in the commodities and crypto-technology space, ...

  Abu Dhabi / WAM The Environment Agency – Abu Dhabi (EAD) and Modon have signed a memorandum of understanding (MoU) to collaborate on environmental initiatives to reduce air pollution, protect wildlife, marine life, and natural resources. This is in addition to developing programmes that ensure a safe and healthy environment and enhance Abu Dhabi’s efforts to achieve the goals ...

  Sharjah / WAM Alef group, the leading real estate developer in Sharjah, has launched Darb 3 in Al Mamsha Raseel (Zone 3), following record sales achieved with Al Mamsha Raseel – Darb 1 development project, to be delivered on time in the last quarter of 2024. The launch of Darb 3 coincides with recent amendments to Sharjah property ownership ...