News

  SHARJAH / WAM Sharjah Airport has witnessed a 142.74% rise in the passenger traffic during the first half of 2022, accounting for approximately 6 million travelers. Additionally, the airport saw a considerable growth in the number of flights, with a total of 41,189 aircrafts operating in H1 this year compared to 21,709 in the same period of last year, ...

Abu Dhabi / WAM Adnoc Logistics and Services (Adnoc L&S), the shipping and maritime logistics arm of Abu Dhabi National Oil Company (Adnoc), announced on Tuesday the acquisition of Zakher Marine International (ZMI), an Abu Dhabi-based owner and operator of offshore support vessels, with the world’s largest fleet of self-propelled jack-up barges. Financial details of the transaction are not being ...

  Abu Dhabi / WAM Hub71, Abu Dhabi’s global tech ecosystem, has announced a partnership with Clara, a LegalTech startup that offers automated legal services for startups. The partnership will support Hub71-based startups and provide them with access to Clara’s innovative digital platform, facilitating the complex legal processes involved in setting up, growing and exiting a startup. Under the agreement, ...

  Abu Dhabi / WAM The Abu Dhabi Fund for Development (ADFD) continues its pioneering mission since its establishment in 1971, achieving many milestones in various fields, as the total funds, investments and deposits of the fund reached AED185.2 billion by the end of June 2022. The strong positive impact achieved underscores the fast-paced growth of ADFD’s development & investment ...

  ABU DHABI / WAM The Abu Dhabi National Exhibitions Company (Adnec) opened the online visitor registration to attend the seventh edition of the International Exhibition of National Security and Resilience (ISNR Abu Dhabi). The event, organised by Adnec in cooperation with the Ministry of Interior, will be held on October 10-12, at the Abu Dhabi National Exhibition Centre. The ...

  Dubai / WAM Dubai Electricity and Water Authority (Dewa) provides electricity and water services to 3.514 million people living in Dubai according to the highest standards of reliability, availability, efficiency, and quality. This number is expected to reach 5.8 million by 2040. Dewa’s capacity has reached 14,117 megawatts (MW) of electricity and 490 million imperial gallons per day (MIGD) ...

  Abu Dhabi / WAM The Department of Municipalities and Transport (DMT) announced the opening of the new fish market in Abu Dhabi’s Mina Zayed district in collaboration with Modon Properties, the developer behind the project. The new market offers a shopping experience with the design incorporating themes associated with the legacy of Abu Dhabi’s fishing trade and preserves the ...

  ABU DHABI / WAM Under the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and to ensure citizens’ well-being, Abu Dhabi Executive Council has approved a new decision to raise pensions of UAE nationals working in the emirate’s public schools to 80% of their total salary, contributing to better living standards and more financial stability for ...

  Sharjah / WAM Etihad Credit Insurance (ECI), the UAE’s Federal export credit company, has partnered with the Hamriyah Free Zone Authority (HFZA) and the Sharjah Airport International Free Zone Authority (Saif Zone) to support Sharjah exporters and re-exporters to start and grow their international business and secure their receivables globally. The strategic initiative will boost the exports from Sharjah, ...

  Dubai / WAM The 6th edition of Al Dhaid Date Festival came to a successful conclusion at Expo Al Dhaid, after four days of heritage activities and strong competitions among exhibitors. Organised by the Sharjah Chamber of Commerce and Industry (SCCI), the festival drew more than 30,000 visitors, who explored and learnt about the best and finest types of ...