News

  MOGADISHU / WAM Following the arrival of a UAE aid ship at the port of Mogadishu, Emirati charity organisations, in collaboration with the Somali Disaster Management Agency and other authorities responsible for distributing relief aid, have begun distributing aid to residents in areas affected by drought in parts of Mahas and Mataban in Hiran Governorate, Hirshabelle State. Mohammed Ahmed ...

  ABU DHABI / WAM Masdar City, the regional home of technology innovation and R&D in Abu Dhabi, has announced the opening of the Global Carbon Capture and Storage (CCS) Institute’s first Middle East headquarters. The opening was attended by the Institute’s global CEO, Jarad Daniels, who was visiting the region as part of a five-day tour, accompanied by the ...

Bloomberg Reliance Industries Ltd will invest 2 trillion rupees ($25 billion) to roll out its 5G services across India, its billionaire-chairman Mukesh Ambani said as he continues to expand and diversify his $220 billion empire. Reliance Jio Infocomm Ltd., the telecom unit of the retail-to-refining conglomerate will deploy a “standalone 5G” version that doesn’t depend on the earlier 4G network ...

  Abu Dhabi / WAM The Ministry of Defence – represented by the Joint Operations Command – has begun operating an air bridge to transport humanitarian aid provided by the UAE to Pakistan. The relief aid includes shelter materials, humanitarian needs, food and medical parcels for those affected by torrential rains and floods, with the aim of contributing to supporting ...

  Abu Dhabi / WAM Emirati women have invested AED34.6 billion at the Abu Dhabi bourse since the beginning of the year until mid-August, figures by the Abu Dhabi Securities Exchange (ADX) have revealed. This represents a 74.7 percent growth over the corresponding period last year, when their trading value was around AED19.8 bn, ADX said in a statement marking ...

  Abu Dhabi / WAM Abu Dhabi Global Market (ADGM), the international financial centre in Abu Dhabi, and the Abu Dhabi Residents Office (ADRO), a sector of the Department of Economic Development – Abu Dhabi, have signed a partnership agreement to support the prosperity of ADGM’s international community, ensuring the seamless integration and continued stability of the diverse cultures in ...

  Dubai / WAM State Grid Corporation of China (SGCC), the largest utility company in the world, has expanded its presence in the region by setting up in Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (Measa) region. This is the first office the Chinese state-owned electric utility corporation has ...

  Abu Dhabi / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union (GWU), Chairwoman of the Supreme Council for Motherhood and Childhood, Supreme Chairwoman of the Family Development Foundation (FDF), has stressed that women are the cornerstone of the country’s process of building and empowerment, and are the icons of its national achievements. In her exclusive ...

  Abu Dhabi / Gulf Time Emirates Development Bank (EDB), the key financial engine of the UAE’s economic diversification and industrial transformation agenda, has announced a new lending feature that allows SMEs and startups to apply for loans of up to AED5 million directly through its digital banking app and receive approval or feedback within five days. The service, in ...

  Abu Dhabi / WAM The Ministry of Defence – represented by the Joint Operations Command – has begun operating an air bridge to transport humanitarian aid provided by the UAE to Pakistan. The relief aid includes shelter materials, humanitarian needs, food and medical parcels for those affected by torrential rains and floods, with the aim of contributing to supporting ...