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EGA posts record AED5.9bn net profit in first half of 2022

  Abu Dhabi / WAM Emirates Global Aluminium (EGA) on Tuesday reported its best ever half-year earnings as strong operational performance throughout the value chain enabled the company to capitalise on favourable market conditions. EGA’s net profit for the first half of 2022 exceeded net profit for the entirety of 2021, itself a record year for the company. The company’s ...

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UAE condoles Turkish President over victims of traffic accidents

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a cable of condolences to the President of Türkiye, Recep Tayyip ErdoÄŸan, over the victims of the traffic accidents in eastern Türkiye’s Mardin and Gaziantep and resulted in a number of deaths and injuries, wishing quick recovery for all the injured. His Highness Sheikh ...

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Spanish exports to UAE set to grow 8% this year

  Abu Dhabi / WAM The Spain-UAE bilateral trade is bouncing back to pre-pandemic levels with Spanish exports to the UAE is projected to grow eight percent this year, a top Spanish diplomat told the Emirates News Agency (WAM). “Forecasts on bilateral trade are very promising. We expect an exports growth (from Spain) this year of more than 8 percent ...

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Aldar recirculates AED8.8bn to local economy through ICV programme

  Abu Dhabi / WAM Aldar Properties PJSC released its 2021 Sustainability Report on Tuesday, showcasing the continued evolution of its sustainability strategy, in alignment with international best practices and supported by enhanced governance and data collection. The report also highlighted the progress the company had made across its four sustainability pillars of Environment, Economy, Community and People. By focusing ...

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Sharjah sees 2,417 realty deals in July

  Sharjah / WAM Sharjah Real Estate Registration Department (SRERD) revealed that total transactions carried out during the past month amounted to 2,417 transactions across 71 different areas distributed over the emirate of Sharjah. The transactions are broken down as follows: 588 sales transactions, 338 mortgage transactions, and 1,491 classified as other miscellaneous transactions. SRERD monthly report showed percentages of ...

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UAE President attends fraternal consultative meeting in Egypt

  AL ALAMEIN, Egypt / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan, attended on Tuesday the fraternal consultative ‘Al Alameim Meeting’ which was called by Egyptian President, Abdel Fattah el-Sisi, with the participation of King Hamad bin Isa Al Khalifa of Bahrain and King Abdullah II of Jordan. During the meeting, held in Al Alamein City, Mersah ...

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Dewa sets new world record for gas turbine, desalination units’ overhaul

  Dubai / WAM Dubai Electricity and Water Authority (Dewa) has announced breaking its own world record in major inspection outage duration for the overhaul of gas turbines and desalination units, recorded in 2019. This achievement promotes Dewa’s position as a globally leading sustainable model for overhauling gas turbines and desalination units. Dewa has reduced the maintenance outages for critical ...

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Nobel laureate Wole Soyinka joins NYU Abu Dhabi faculty

  Abu Dhabi / WAM Wole Soyinka, recipient of the Nobel Prize in Literature, has been appointed Arts Professor of Theater at New York University Abu Dhabi (NYUAD) effective September 1. A multifaceted artist-dramatist, poet, essayist, musician, philosopher, teacher, human rights activist, and global artist and scholar, Soyinka joined the NYUAD Theatre Programme as a full-time faculty member, thereby offering ...

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Sharjah realty deals hit AED1.4b in July

  Sharjah / WAM Sharjah Real Estate Registration Department (SRERD) has revealed that total transactions carried out during the past month amounted to 2,417 transactions across 71 different areas distributed over the emirate of Sharjah. The transactions are broken down as follows: 588 sales transactions, 338 mortgage transactions, and 1,491 classified as other miscellaneous transactions. SRERD monthly report showed percentages ...

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UAE sends 50 tonnes of food items to Zimbabwe

  Abu Dhabi / WAM The United Arab Emirates (UAE) on Tuesday sent a plane carrying 50 tonnes of essential food items to the Republic of Zimbabwe to meet the needs of thousands of families and vulnerable groups such as women, children, and the elderly. Dr Jassim Muhammad Al Qasimi, UAE ambassador to Zimbabwe, said, “Sending food items to the Republic ...

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