News

  FUJAIRAH / WAM HH Sheikh Mohammed bin Hamad bin Mohammed Al Sharqi, Crown Prince of Fujairah and Chairman of the Board of Directors of the Fujairah Foundation for Region Development (FFRD), chaired the first meeting of the foundation in 2022, attended by Saeed Mohammed Al Raqbani, Vice Chairman of FFRD, Khamis Al Noun, Director-General of the FFRD, and other ...

  ABU DHABI / WAM Emirates Global Aluminium (EGA), Abu Dhabi National Energy Company PJSC (Taqa), Dubal Holding and Emirates Water and Electricity Company (Ewec) on Wednesday announced a major initiative that would unlock significant further development of solar power generation capacity in Abu Dhabi, progress power asset and generation optimisation, and decarbonise EGA’s aluminium production in the United Arab ...

  SHARJAH / WAM The Youth Council of Sharjah Economic Development Department (SEDD) organised a virtual discussion session in cooperation with Federal Youth Authority and Sharjah Foundation for Supporting Entrepreneurship (RUWAD). The session was aimed at highlighting UAE’s role in developing the industrial, specifying basic needs to run industrial projects, discussing challenges facing the entrepreneur sector, and discussing solutions to ...

  DUBAI / WAM Emirates Central Cooling Systems Corporation (Empower) has announced a dividend of AED500 million to its shareholders for the fiscal year ending on December 31, 2021. The dividend payout represents 53.4 percent of the AED936 million, the total net profit achieved by Empower for the last fiscal year that increased by 4 percent compared to 2020. The ...

  ABU DHABI / WAM In a bid to elevate community awareness about the importance of shared social responsibility and help advance social priorities that benefit the people of Abu Dhabi and the UAE at large, the Authority of Social Contribution – Ma’an is set to host the 2nd edition of the ‘Exchange’, a space designed to educate and empower ...

  DUBAI / WAM Reem bint Ibrahim Al Hashemy, Minister of State for International Cooperation and Director-General at Expo 2020 Dubai, has announced that the mega event has received an event-specific Gender Equality European and International Standard (GEEIS), a significant recognition of the World Expo’s ongoing commitment to workplace gender equality. In her speech during the “Break the Bias” forum ...

  DUBAI / WAM Bloomberg Media is expanding in the Middle East and Africa with the creation of a regional studio in Dubai, established by Bloomberg Media Studios, its branded content division. The studio will comprise a full team of creative and business professionals and will serve the growing roster of clients across the region who are looking to engage ...

  ABU DHABI / WAM Agthia Group on Tuesday announced that the group’s net revenue reached AED3.07 billion for 2021, equivalent to 49% year-on-year growth compared to same period last year, following the consolidation and integration of key acquisitions into the business. The Group’s net profit stood at AED216 million compared to AED34 million in the previous year, in which ...

  ABU DHABI / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, Chairwoman of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation, congratulated Emirati women and all women around the world on the occasion of International Women’s Day on Tuesday. “Every day, women are proving that hard work makes ...

  RAS AL KHAIMAH / WAM Ras Al Khaimah-based real estate development and investment company Al Hamra has unveiled an ambitious five-year roadmap, from 2023-2027, to drive sustained growth through strategic developments, in line with the vision of Ras Al Khaimah’s leadership to establish the emirate as one of the leading investment, business, residential and tourism destinations. The company has ...