News

  Abu Dhabi / WAM Aldar Properties announced the launch of Yas Golf Collection, its latest community on Yas Island in Abu Dhabi, valued at AED1.7 billion. Overlooking the Yas Links Golf Course and Abu Dhabi’s mangroves, the resort-style community features over 127,000 sqm of gross floor area and encompasses 1,062 apartments and duplexes. Homes in Yas Golf Collection will ...

  Dubai / WAM Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Teleworking Applications, affirmed that the UAE government adopts advanced technology as a key pillar in its development journey, reflecting UAE leadership’s directives in leveraging new technology in building capabilities, enhancing services and shaping a brighter future. This came during the signing of ...

  DUBAI / WAM Global trade, which hit a record high of $28.5 trillion in 2021, is expected to grow steadily in 2022 and the coming years as a new era of multilateralism — underpinned by regionalisation, trade in services, innovation and sustainable trade — counters the impact of the slowing global economy, according to Dubai Multi Commodities Centre’s (DMCC) ...

Dubai / WAM Tecom group announced that it has been successfully listed on the Dubai Financial Market (DFM) on Tuesday, beginning its first day of trading under the ticker symbol “TECOM”. Tecom group has successfully raised approximately AED1.7 billion through an initial public offering (IPO). The final offer price of the global offering was AED2.67 per ordinary share, and the ...

  Abu Dhabi / WAM Abu Dhabi University (ADU) announced a new partnership with the University of Reading, one of the United Kingdom’s (UK) top 30 universities and a world leader in research and teaching in agriculture, food science and climate change. The university’s work on climate change has been recently honoured with a Queen’s Anniversary Prize, the highest national ...

  Dubai / WAM Emirates SkyCargo, a leader in the global airfreight industry, took delivery of its latest Boeing 777-F to boost its fleet capacity and cater to the phenomenal growth in the industry. Emirates’ freight division has seen significant increase in cargo loads across its products, including pharma and fresh produce. In 2021-22, annual tonnage carried crossed 2.1 million, ...

  Abu Dhabi / WAM Under the patronage of HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Presidential Court, the 18th Liwa Date festival will be held from July 16-24 in Liwa, Al Dhafra Region. During a press conference held virtually on Tuesday, the Cultural Programmes and Heritage Festivals Committee-Abu Dhabi announced the details ...

  Sharjah / WAM The 3rd edition of the Jewels of Emirates Show, organised by Expo Centre Sharjah with the support of the Sharjah Chamber of Commerce and Industry (SCCI), has concluded on a high note after four days of fantastic show, attracting over 5,000 visitors from across the UAE. The event has brought together some 20 designers and around ...

  DUBAI / WAM Al Hosn National Health System, which is affiliated with the Ministry of Health and Prevention (MoHAP), has launched an online Hajj permit service on Al Hosn App in cooperation with the General Authority of Islamic Affairs and Endowments. The service aims to facilitate Hajj procedures, save pilgrims’ times and efforts and enhance their confidence in the ...

  BEIJING / WAM China’s digital economy logged rapid expansion in recent years, with its scale increasing from 11 trillion yuan ($1.65 trillion) in 2012 to over 45 trillion yuan in 2021, official data showed. According to the state news agency (Xinhua), the proportion of the digital economy in China’s GDP rises from 21.6 percent to 39.8 percent in the ...