News

  ABU DHABI / WAM Abu Dhabi National Energy Company (Taqa) has announced that the Mirfa International Power & Water Company (Mipco), the project company that owns and operates the Mirfa Power & Water Plant (Mirfa IWPP), successfully completed refinancing of AED4 billion (US$1.09 billion). This long-term financing is denominated in USD and is slated to mature on 30th September, ...

  ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has received a written letter from Emomali Rahmon, President of the Republic of Tajikistan, concerning the development of ties between the two countries. The letter was received by HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Presidential Court, during his ...

  DUBAI / WAM Emaar Properties held a General Meeting on Wednesday, where shareholders approved the acquisition of Dubai Creek Harbour from Dubai Holding and the sale of Namshi Holding Limited to Noon AD Holdings Ltd from Emaar Malls Management, a wholly-owned subsidiary of Emaar Properties. Shareholders approved a motion to acquire assets from Dubai Holding and the issuance of ...

  ABU DHABI / WAM Masdar City, in partnership with the UAE Space Agency, has announced the introduction of a new business incubation and acceleration package for space related start-ups and small and medium enterprises (SMEs), joining the Space Economic Zone Programme in Masdar City – Abu Dhabi. Launched in January 2022 in collaboration with the UAE Space Agency, the ...

  South Korea / WAM The latest trend in UAE-South Korea bilateral trade shows the strong and resilient economic relations between the two countries, according to the UAE’s top diplomat in Seoul. “The UAE-South Korea non-oil bilateral trade has grown to US$1.3 billion during the first quarter of 2022, a 19 percent increase compared to the same period last year,” ...

  ABU DHABI / WAM Zayed Higher Organisation for People of Determination (ZHO) received a delegation from Siemens to learn about ZHO’s experience in caring for and rehabilitating people of determination. The aim was to discuss the exchange of experiences, deepen bilateral cooperation and become acquainted with all the services provided by the ZHO regarding educational and rehabilitation services and ...

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan received His Majesty King Hamad bin Isa Al Khalifa of Bahrain. During the meeting, President His Highness Sheikh Mohamed bin Zayed and the visiting King of Bahrain exchanged friendly fraternal conversations that express the deep-rooted historical relations that unite the UAE and the Kingdom of Bahrain and ...

  JEJU / WAM The latest trend in UAE-South Korea bilateral trade shows the strong and resilient economic relations between the two countries, according to the UAE’s top diplomat in Seoul. “The UAE-South Korea non-oil bilateral trade has grown to $1.3 billion during the first quarter of 2022, a 19 percent increase compared to the same period last year,” Abdulla ...

  DUBAI / WAM The office of the Minister of State for Artificial intelligence, Digital Economy and Remote Work Applications organised the “Inspiring solutions to developing Remote Work Performance” workshop at the CodersHQ, one of the national programmes for Coders initiatives, aiming to share best practices on workload distribution by teams. The workshop discussed best practices in design effective mechanisms ...

  DUBAI / WAM The Marine Agency for Wooden Dhows, established in July 2020 by Dubai’s Ports, Customs and Free Zone Corporation (PCFC), facilitated the entry of more than 6,000 wooden dhows during the first half of 2022, reflecting a 21 percent year-on-year growth. Two years after setting up the Marine Agency for Wooden Dhows, the emirate continues to witness ...