Local News

Ajman’s exports to Saudi reach AED155m in H1

  AJMAN / WAM Saudi Arabia is the second leading destination of Ajman’s exports, which totalled some AED155 million in the first half of 2022. Fish, mineral fuels, plastics, and their products were the top export products. On the occasion of Saudi Arabia’s National Day, a report by the Department of Economic Development-Ajman showed that the total number of licences ...

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Barakah promotes UAE’s march in safe energy, zero emissions: Minister

  ABU DHABI / WAM Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, said that the start-up of Unit 3 of Barakah Nuclear Energy Plant contributes to achieving one of the most important objectives of the UAE vision and strategy for the energy sector by playing a key role in promoting the transition to safe and environmentally friendly ...

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Borouge to distribute interim dividend of AED1.2 billion

  ABU DHABI / WAM Borouge petrochemical company on Friday announced the General Assembly approval for its 2022 interim dividend payment of $325 million (AED1.2 billion) equivalent to 3.97 fils per share. The interim dividend will be paid to shareholders of record on October 03 and is the first payment of the expected total FY 2022 dividend of $975 million ...

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UAE continues relief distribution to drought victims in Somalia

  ABU DHABI / WAM The UAE, through its humanitarian bodies and in cooperation with the Somali Disaster Management Authority (SoDMA) and other authorities, continues to distribute aid to the local population and displaced people in areas most affected by the drought, including Mahas and Mataban regions in Hiran Governorate, Hirshabelle State. This aid is part of efforts to distribute ...

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QCC unveils updated Abu Dhabi guide for service infrastructure

  ABU DHABI / WAM The Abu Dhabi Quality and Conformity Council (QCC) has launched an updated version of the Abu Dhabi Guide for Infrastructure Services at the “Partners Forum” 2022 with modifications and adding 30 sub-directories bringing the total number of technical documents in the Guide to 160. The Partners Forum 2022 was organised in Abu Dhabi, with the ...

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UAE labour legislations embrace digitisation: Al Awar

  DUBAI / WAM The UAE affirmed that developing new strategies to upskill workers and enhancing business environments for employers are necessary to prepare for the digital future of work. This came during a speech by Dr Abdulrahman Al Awar, Minister of Human Resources and Emiratisation and head of the UAE delegation, at the 48th Arab Labour Conference, held from ...

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UAE Women Writers Forum highlights literature and AI

  SHARJAH / WAM Under the patronage of the wife of His Highness the Ruler of Sharjah, Sheikha Jawaher bint Mohammed Al Qasimi, Chairperson of the Supreme Council for Family Affairs (SCFO) in Sharjah, the activities of the seventh edition of the UAE Women Writers Forum, organised by the Cultural and Media Office of SCFO, will be launched next Monday ...

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Salik raises AED3.7 billion in oversubscribed DFM listing

  DUBAI / WAM Salik Company, Dubai’s exclusive toll gate operator, on Thursday announced the successful completion of the bookbuild and public subscription process for its initial public offering (IPO) on the Dubai Financial Market (DFM). The company confirms the previously announced upsized offering size of 1,867,500,000 ordinary shares (“Offer Shares”), equivalent to 24.9% of total issued share capital, along ...

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UAE to celebrate Saudi National Day on Sept 23

ABU DHABI / WAM The United Arab Emirates will celebrate Saudi Arabia’s 92nd National Day on 23rd September with large-scale official and popular celebrations, under the theme, “Together Forever KSA-UAE,” underscoring the deep-rooted relations between the two countries. The UAE’s major landmarks and many official and private entities have started decorating their headquarters with Saudi flags, and shopping malls have ...

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