Dubai / WAM Emirates Central Cooling Systems Corporation (Empower) has announced the price range and start of the subscription period for its initial public offering (IPO) on the Dubai Financial Market (DFM). The price range for the offering has been set between AED1.31 and AED1.33 per share, a company statement said on Monday. The total offering size is expected to ...
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BAHANAG / WAM In the presence of King of Malaysia Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah, the Emirates Red Crescent (ERC) has inaugurated the first phase of the housing project dedicated to people affected by floods that swept the state of Pahang last year. The fully serviced 123 housing units were built under the directives of President His Highness Sheikh ...
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Abu Dhabi / WAM The Federal Tax Authority (FTA) launched a mechanism for refunding value added tax (VAT) incurred on building and operating mosques on the FTA’s e-Services portal, in light of cabinet decision No. (82) of 2022 in that regard, which came into force on October 29, covering all mosques in the UAE, provided that the refund applications are ...
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Abu Dhabi / WAM The 2022 Opec World Oil Outlook (WOO) will be launched at the Abu Dhabi International Petroleum Exhibition and Conference (Adipec) 2022 in Abu Dhabi on Monday, October 31. Opec’s Secretary General, Haitham Al Ghais, along with Opec experts, will present the major findings of the WOO 2022, as well as introduce a video with key messages ...
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Abu Dhabi / WAM Cleveland Clinic has launched a robust programme of collaborative support to enable hospitals and healthcare organisations around the world to connect with the global health system’s clinical and operational experts to enhance patient care and distinguish themselves within their markets. The goal of the Cleveland Clinic Connected programme is to build a global network of independent, ...
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Sharjah / WAM Sharjah Taxi, a subsidiary of Sharjah Asset Management Company, investment arm of the government of Sharjah, is seeking to increase the number of its hybrid vehicle fleet cars that operate dually on both fuel and electricity. This decision is in line with the Emirate’s vision to rationalise the use of energy, in accordance with its development goals ...
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Abu Dhabi / Gulf Time Dr. Ali Saeed Alameri, Chairman of Alshoumoukh Group, stated that the Abu Dhabi International Petroleum Exhibition 2022 was an important occasion to enhance Abu Dhabi’s global position in the oil and gas industry, especially with the important and rapid developments on the economic and geopolitical levels. He stressed the importance of investments in exploration and ...
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Dubai / WAM Dubai Electricity and Water Authority (Dewa) has commissioned 389 11kV substations in Dubai in the third quarter of 2022. This is part of its efforts to deliver state-of-the-art infrastructure according to the highest international standards. These stations are mainly located at Wadi Al Safa Fifth, Al Merkad, Madinat Al Matar and Al Yalayis 1. The construction of ...
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Dubai / WAM The Emirates Schools Establishments (ESE), in cooperation with the National Programme for Coders, organised school hackathons that attracted more than 200 participants from 50 different schools across the UAE, along with coding ambassadors to activate their coding role on the “UAE Codes†Day. The Hackathons that started on October 29 as part of the “UAE Codes†day, ...
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Abu Dhabi / WAMÂ Masdar has pledged to strengthen its support for Saudi Arabia’s clean energy objectives by opening a new dedicated office in the Kingdom. Masdar will also participate with partners in the upcoming Round 4 tender announced by the Saudi Power Procurement Co. (SPPC) for wind and solar projects with a combined capacity of 3.3 gigawatts (GW). The ...
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