News

  Abu Dhabi / Gulf Time Safeen Marine Services, part of AD Ports group’s maritime cluster, announced on Friday it has marked more than five million man-hours with zero lost time injuries (LTI) and zero environmental incidents since its launch in 2012. Operating in nine commercial ports in the UAE and the Middle East, Safeen Marine Services extends HSE policy ...

  Abu Dhabi / WAM The emirate of Fujairah was ranked first in the “Safety Index by City” compiled by Numbeo, which provides regular statistics on economic, social and safety areas worldwide. Fujairah received a score of over 93 percent, outperforming 466 international cities, which is attributed to its high living standards and the significant support of His Highness Sheikh ...

  Abu Dhabi / WAM The total premiums of insurance companies listed in local financial markets in the first half of 2022 increased by 7.64% year-on-year, equivalent to AED1.11 billion, while their net profits totalled AED817.8 million. According to the disclosure reports of 28 national insurance companies, the total value of premiums increased from AED14.563 billion in the first half ...

  Dubai / WAM Dubai Electricity and Water Authority (Dewa)’s Asset Health Centre consolidates preventive and proactive maintenance in the water network through gathering and analysing data and providing needed recommendations to enhance the health and life cycle of assets (pumps, engines, pipes, water reservoirs and others). It also forecasts defects using artificial intelligence and machine learning algorithms. Dewa uses ...

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued a Federal Decree appointing Major General Sultan Yusuf Abdul Rahman Al Nuaimi, Director-General of Residency and Foreigners Affairs at the Federal Authority for Identity, Citizenship, Customs & Port Security (ICP). Al Nuaimi will be responsible for preparing policies and strategies related to the entry ...

  Abu Dhabi / WAM The UAE is continuing to provide sustainable humanitarian giving, underscoring its commitment to promoting regional and global peace and prosperity, by offering development, humanitarian and charitable support worldwide. According to new data issued by the Ministry of Foreign Affairs and International Cooperation (MoFAIC), the total value of foreign aid provided by the UAE from the ...

Abu Dhabi / WAM The expected economic growth rate for the Arab countries will rise to 5.4 percent in 2022 due to rising oil prices, the increase in production in Arab oil-exporting countries, and the continuation of reforms that promote growth, according to the Seventeenth Edition of the Arab Economic Outlook Report (AEOR), released by the Arab Monetary Fund (AMF) ...

  Abu Dhabi / WAM Borouge has contributed to the safe and reliable infrastructure of the Barakah Nuclear Energy Plant, through its ‘Made In UAE’ polyolefin solutions, according to the company’s CEO, Hazeem Sultan Al Suwaidi. In a statement to the Emirates News Agency (WAM), Al Suwaidi stated that the polymer grade from Borouge is the first in its class ...

  Abu Dhabi / WAM The Ministry of Human Resources and Emiratisation issued the Ministerial Resolution No. 251 of 2022 regarding supporting Emirati small and medium-sized enterprises (SMEs) with new incentives. The enterprises that will benefit from the new incentives have to be members of accredited funds/programmes that support SMEs in the UAE. The new incentives include classifying up to ...

Abu Dhabi / WAM G42, the leading UAE-based AI and cloud computing technology company, on Thursday launched the $10 billion G42 Expansion Fund, a global technology growth fund formed in strategic partnership with Abu Dhabi Growth Fund (ADG). The fund, which will be managed by a subsidiary of G42, is focused on accelerating the pace of global innovation by investing ...