News

UAE, France non-oil trade hits AED256.1 billion in 10 years

  Abu Dhabi / WAM The ongoing growth in trade between the UAE and France underscores their strong economic partnership and deep-rooted relations, supported by their leadership. The visit of President His Highness Sheikh Mohamed bin Zayed Al Nahyan to France also confirms the strength of the comprehensive strategic partnership between the two friendly countries. From 2012 to 2021, the ...

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Union Coop begins first day of trading on DFM

  Dubai / WAM Dubai Financial Market (DFM) on Monday welcomed the listing of Union Coop’s shares, becoming the first cooperative society in the UAE to take this pioneering step, in line with the government’s decision pertaining to the trading of cooperative societies’ shares on financial markets, which aims to strengthen the regulatory environment for the cooperatives’ sector and reinforce ...

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Enec marks 10 years since start of construction of Unit 1 of Barakah

  Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (Enec) and its subsidiaries celebrated the 10th anniversary of the construction of the first peaceful nuclear power plant in the Al Dhafra region of Abu Dhabi, which made the UAE the first in the Arab world to use nuclear energy technology to produce environmentally friendly electric power. The UAE has ...

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Dewa commissions 11 substations in H1 of ’22

Dubai / WAM Dubai Electricity and Water Authority (Dewa) commissioned a new 400/132 kV substation in Al Qusais Industrial Area 5, and ten 132/11 kV substations in different areas in Dubai, during the first half of 2022. This is part of Dewa’s efforts to provide an advanced infrastructure that keeps pace with the increasing demand for energy in Dubai. The ...

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Lord Abbett sets up base at Dubai’s DIFC

  Dubai / WAM Dubai International Financial Centre (DIFC) on Monday announced that Lord Abbett (Middle East) Limited, a leading asset manager, has received approval from the Dubai Financial Services Authority (DFSA) to operate its first and only Middle East office. The approval will enable the company to bring its investment and client-led proposition to the Middle East investment community. ...

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UAE, France keen to bolster strategic relations

Paris / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan met with French Republic President Emmanuel Macron for a private lunch at the Elysée Palace on Monday. The two Heads of State discussed opportunities for collaborating and expanding their longstanding partnership alongside overall developments and approaches to topics of regional and global concern. His Highness also congratulated President ...

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UAE, France bound by strategic relations

  Abu Dhabi / WAM The UAE and France are bound by longstanding strategic relations as they derive their strength from the support, follow-up and directives of the leadership of the two countries represented by President His Highness Sheikh Mohamed bin Zayed Al Nahyan and President Emmanuel Macron of the French Republic. During the past years, the distinguished relations between ...

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UAE President accorded official reception in Paris

  Paris / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has been welcomed at a formal reception ceremony in Paris to mark the official start of his inaugural state visit to France. His Highness was received at the Army Museum in Les Invalides by Armed Forces Minister Sébastien Lecornu, accompanied by members of the French Republican Guard. ...

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Emirates steps up frequencies from Dubai to Guangzhou

  Dubai / Gulf Time Emirates, the Dubai-based international airline, on Monday announced that from August 3, it will step up its frequencies from Dubai to Guangzhou to twice weekly from the current once a week service, operated with its flagship A380 aircraft. This added frequency will further help meet the growing customer demand on the back of gradually-eased travel ...

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