News

  ABU DHABI / WAM The courts of Abu Dhabi Judicial Department (ADJD) have achieved high case disposal rates and significantly increased judicial productivity, with some 7,000 judgments rendered during the month of August, at an average of 346 decisions per official working day, or 45 judgments per working hour, at the pace of two hearings in average for the ...

  ABU DHABI / WAM The “Arts and Crafts” sector in the Abu Dhabi International Hunting and Equestrian Exhibition (Adihex) is highlighting the aesthetics of the UAE’s cultural heritage, where efforts are being exerted to raise awareness of the importance of preserving traditional crafts and professions and the sustainability of traditional industries. Adihex, held under the theme “Sustainability and Heritage… ...

  ABU DHABI / WAM Abu Dhabi National Oil Company (Adnoc) and Abu Dhabi National Energy Company PJSC (Taqa) on Friday announced the successful financial closing of their $3.8 billion strategic project to power and significantly decarbonise Adnoc’s offshore production operations. Together with a consortium comprised of Korea Electric Power (KEPCO), Kyushu Electric Power Company (Kyuden) and Electricité de France ...

  ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, have sent messages of congratulations to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud of Saudi Arabia, on the occasion of the Kingdom’s 92nd ...

  ABU DHABI / WAM The Abu Dhabi Securities Exchange (ADX) announced an increase in the value of shares owned by Saudi investors, totalling AED5.627 billion at the beginning of September, representing 25 percent of the total shares owned by Arab and Gulf Cooperation Council (GCC) investors, and amounting to AED22.897 billion. In its statement to the Emirates News Agency ...

  ABU DHABI / WAM The UAE’s Ministry of Industry and Advanced Technology (MoIAT) on Friday signed a memorandum of understanding (MoU) with the American National Standards Institute (ANSI) with the aim of lowering trade barriers and promoting economic growth. The MoU was signed during the ISO Annual Meeting 2022, which is taking place in Abu Dhabi this week. The ...

ABU DHABI / WAM Borouge petrochemical company on Friday announced the General Assembly approval for its 2022 interim dividend payment of US$325 million (AED1.2 billion) equivalent to 3.97 fils per share. The interim dividend will be paid to shareholders of record on 3rd October 2022 and is the first payment of the expected total FY 2022 dividend of $975 million ...

  AJMAN / WAM Saudi Arabia is the second leading destination of Ajman’s exports, which totalled some AED155 million in the first half of 2022. Fish, mineral fuels, plastics, and their products were the top export products. On the occasion of Saudi Arabia’s National Day, a report by the Department of Economic Development-Ajman showed that the total number of licences ...

  ABU DHABI / WAM Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, said that the start-up of Unit 3 of Barakah Nuclear Energy Plant contributes to achieving one of the most important objectives of the UAE vision and strategy for the energy sector by playing a key role in promoting the transition to safe and environmentally friendly ...

  ABU DHABI / WAM Borouge petrochemical company on Friday announced the General Assembly approval for its 2022 interim dividend payment of $325 million (AED1.2 billion) equivalent to 3.97 fils per share. The interim dividend will be paid to shareholders of record on October 03 and is the first payment of the expected total FY 2022 dividend of $975 million ...