Abu Dhabi / WAM The Ministry of Economy, represented by The Entrepreneurial Nation, has launched a new initiative to attract Small and Medium Enterprises (SMEs) to the UAE and help promote their growth and local and global expansion. The initiative has been launched in collaboration with Flat6labs, a leading seed and early stage venture capital firm based in Abu ...
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Dubai records AED1.4b in realty deals in one day
DUBAI / WAM Dubai real estate market recorded 386 sales transactions worth AED1.2 billion, in addition to 84 mortgage deals of AED151.32 million, and 62 gift deals amounting to AED48.92 million on Wednesday, data released by Dubai’s Land Department (DLD) showed. The sales included 341 villas and apartments worth AED1.01 billion, and 45 land plots worth AED195.91 million, while ...
Read More »Adnoc Refining set to complete phase1 of ‘waste-heat’ project
ABU DHABI / WAM Adnoc Refining, a joint venture company between the Abu Dhabi National Oil Company (Adnoc), Eni, and OMV, is set to complete the first phase of its innovative Waste Heat Recovery project at the General Utilities Plant in Ruwais, Abu Dhabi. Adnoc produces some of the world’s least-carbon intensive crude and the company is further reducing ...
Read More »Ministry, Flat6labs launch initiative to promote SMEs
ABU DHABI / WAM The Ministry of Economy, represented by The Entrepreneurial Nation, has launched a new initiative to attract Small and Medium Enterprises (SMEs) to the UAE and help promote their growth and local and global expansion. The initiative has been launched in collaboration with Flat6labs, a leading seed and early stage venture capital firm based in Abu ...
Read More »Abu Dhabi Business Events Week to kick off on Sept 26
ABU DHABI / WAM The Abu Dhabi Business Events Week (ADBEW) is returning on 26th and 27th September at Manarat Al Saadiyat, once again bringing together leading experts in the meetings, incentives, conventions, and exhibitions (MICE) industry from around the Mena region. Launched by the Abu Dhabi Convention & Exhibition Bureau (ADCEB), part of the Department of Culture and Tourism ...
Read More »Investopia, Salt announce new strategic partnership
NEW YORK / WAM Investopia, the global investment platform launched by the UAE Government in September 2021, announced a new strategic partnership with SALT, a premier global thought leadership forum, at a ceremony held at SALT New York 2022. The parties signed a Memorandum of Understanding (MoU) outlining collaboration on a joint event to take place next year in ...
Read More »Miral announces opening of SeaWorld Abu Dhabi in 2023
ABU DHABI / WAM Miral, Abu Dhabi’s leading creator of immersive destinations and experiences, in partnership with SeaWorld Parks & Entertainment, announced it has reached 90 percent construction completion of the next-generation marine-life theme park, SeaWorld Abu Dhabi, Yas Island’s latest mega-development. The development, which is due to open in 2023 as the latest addition to Yas Island’s tourism ...
Read More »UAE, Bahrain discuss ways to bolster security coopeartion
Abu Dhabi / WAM The joint security committee between the ministries of the interior of the UAE and Bahrain convened at the headquarters of the Ministry of Interior in Abu Dhabi, to discuss ways of boosting their security cooperation, developing e-connectivity systems and promoting the exchange of information and expertise. The Emirati side was led by Major General Khalifa ...
Read More »Toll operator Salik aims to raise AED3b in Dubai IPO
DUBAI / WAM Dubai’s exclusive toll gate operator Salik Company has announced the offer price and start of the subscription period for its initial public offering (IPO) on the Dubai Financial Market (DFM). The price for the Offering has been set at AED2.0 per share. The total Offering size is expected to be AED3 billion (US$817 million), implying a ...
Read More »UAE President, Japanese PM review aspects of cooperation
ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan, on Tuesday discussed with Prime Minister of Japan Fumio Kishida bilateral relations and ways of enhancing them in various domains. During a phone call, the two sides tackled a number of regional and global issues of mutual interest, and exchanged views on ways to support the ...
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