Dubai / WAM Dubai Electricity and Water Authority (Dewa) and Abu Dhabi Transmission and Despatch Company (Transco), a subsidiary of Abu Dhabi National Energy Company (Taqa Group), will install three interconnections that can transfer 117 MIGD to different areas in Abu Dhabi and Dubai, supporting reliable water supplies to customers across the nation. The move reinforces a shared national ...
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ADQ, Chimera Investments to launch UAE’s first Spac on ADX
Abu Dhabi / WAM ADQ, an Abu Dhabi-based investment and holding company, and Chimera Investments, an Abu Dhabi-based private investment firm managing a diversified portfolio of listed and unlisted equities on both local and international markets, announced on Tuesday they have established ADC Acquisition Corporation PJSC (ADC), the UAE’s first Special Purpose Acquisition Company (SPAC). ADC plans to raise AED367 ...
Read More »Dubai Chamber highlights key CSR, sustainability achievements
Dubai / Gulf Time Dubai Chamber of Commerce has released a new report highlighting its key CSR achievements in 2021, as well as the outcome and impact of campaigns, initiatives, events and activities it organised during the year, which relate to community, environment, workplace and marketplace. In 2021, Dubai Chamber of Commerce organised a Sustainability Week campaign on celebrating ...
Read More »Department of Health in Abu Dhabi joins coalition to revolutionise cancer care
Abu Dhabi / WAM The Department of Health – Abu Dhabi joined forces with “Accelerating Change Together (ACT) for Cancer Care”, a global coalition which seeks to revolutionise how cancer is being diagnosed and treated for better patient outcomes and more resilient healthcare systems. Along with Abu Dhabi based entities and AstraZeneca, ACT aims to accelerate change for equity ...
Read More »Meta supports 1 Billion Meals initiative
DUBAI / WAM Meta has announced its support to the 1 Billion Meals initiative, the largest food donation drive of its kind in the region. Marking the holy month of Ramadan as the #MonthofGood, Meta will launch the #MealsForReels campaign across the Mena region and beyond, a charitable movement in which Meta platforms and its content creators will celebrate ...
Read More »Dubai’s luxury home market to continue its golden run in 22’
Dubai / Gulf Time Dubai’s luxury home market is poised to thrive and continue the high momentum in 2022 as it is supported by rising demand and interest from the international elite, according to Zoom Property Insights. The real estate consultancy said post Expo landscape looks bright for the emirate’s luxury home market as it is brimming with new ...
Read More »Dewa, Transco to raise UAE’s water security
Dubai / WAM Dubai Electricity and Water Authority (Dewa) and Abu Dhabi Transmission and Despatch Company (Transco), a subsidiary of Abu Dhabi National Energy Company (Taqa Group), will install three interconnections that can transfer 117 MIGD to different areas in Abu Dhabi and Dubai, supporting reliable water supplies to customers across the nation. The move reinforces a shared national ...
Read More »Al Seer Marine begins work on its first ‘very large gas carrier’
Abu Dhabi / WAM Al Seer Marine (ASM), a global player across multiple marine sectors and a subsidiary of International Holding Company (IHC), performed the steel cutting ceremony for its first Very Large Gas Carrier (VLGC), named Lucky Gas. Last year, Al Seer Marine formed a joint venture – named ABGC DMCC, with BGN International – to build two ...
Read More »ERC sends Ramadan rations to 40 villages of Mauritania
NOUAKCHOTT / WAM The Emirates Red Crescent (ERC) has distributed Ramadan ration among residents of 40 villages in Trarza region, Mauritania. The initiative is in implementation of the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and the follow up of HH Sheikh ...
Read More »Vietnam’s e-learning market to reach $3bn
HANOI / WAM Vietnam’s e-learning market is expected to reach revenue of around $3 billion by 2023 with a CAGR of about 20.2% from 2019-2023, the Vietnam News Agency (VNA) quoted a report by Ken Research as saying. Vietnam’s educational technology (Edtech) market is said to hold high potential and is drawing attention from investors, especially in the context of ...
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