News

  DUBAI / WAM Dubai Chambers has rebranded and unveiled its new corporate identity reflecting the organisation’s restructuring, which was earlier announced by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. Under the new structure, three chambers of commerce operate under Dubai Chambers, namely Dubai Chamber of Commerce, ...

  Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (Enec) has celebrated the first anniversary of the start of commercial operations at Unit 1 of the Barakah Nuclear Energy Plant, located in the Al Dhafra region of the Abu Dhabi Emirate. Since April 2021, Unit 1 of the Barakah Plant has generated more than 10.5 Terawatt hours of clean ...

  Dubai / WAM Through its EV Green Charger initiative, Dubai Electricity and Water Authority (Dewa) has provided over 8,800 megawatt-hours (MWh) of electricity to charge electric vehicles (EVs) in Dubai since 2015. This has helped EV users to travel approximately 58 million kilometres in eco-friendly vehicles and experience a 73 percent reduction in refuelling costs. Since 2015, Dubai has ...

  Dubai / WAM Dubai Chambers has rebranded and unveiled its new corporate identity reflecting the organisation’s restructuring, which was earlier announced by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. Under the new structure, three chambers of commerce operate under Dubai Chambers, namely Dubai Chamber of Commerce, ...

  DUBAI / WAM The Maritime Administration at the Ministry of Energy and Infrastructure has signed a memorandum of understanding (MoU) with the Croatian Register of Shipping (CRS), where the ministry will recognise CRS to issue maritime statutory certificates and carry out all necessary survey works to ensure the eligibility of ships to sail safely. As a result of this ...

Dubai / WAM Through its EV Green Charger initiative, Dubai Electricity and Water Authority (Dewa) has provided over 8,800 megawatt-hours (MWh) of electricity to charge electric vehicles (EVs) in Dubai since 2015. This has helped EV users to travel approximately 58 million kilometres in eco-friendly vehicles and experience a 73% reduction in refuelling costs. Since 2015, Dubai has witnessed a ...

UMM AL QAIWAIN / WAM National Bank of Umm Al-Qaiwain (NBQ) has posted a net profit of AED96.57 million for the three months of the year 2022, the bank said in a statement. Net profit has increased by 26.26% compared to AED76.49 million for three months of previous year due to the improving external environment. Cost to income stood at ...

  Abu Dhabi / WAM The fourth edition of Abu Dhabi International Boat Show (Adibs) will be held from November 24-27. The event is held under the patronage of His Highness Sheikh Nahyan bin Zayed Al Nahyan, Chairman of the Board of Trustees of Zayed Bin Sultan Al Nahyan Charitable and Humanitarian Foundation, and Chairman of Abu Dhabi Sports Council. ...

Bloomberg US factory production rose in March by more than forecast, marking the third straight month of gains that show steady progress for manufacturers against a backdrop of gradually improving supply chains. The 0.9% increase followed a 1.2% gain in February, Federal Reserve data showed. Total industrial production, which also includes mining and utility output, also rose 0.9% during the ...

  Bloomberg Developers responsible for building half of the new homes in the UK have committed more than 2 billion pounds ($2.6 billion) to help fix safety issues. So far 35 developers have made commitments to fix issues on buildings that are up to 30-years old, the UK department for Leveling Up, Housing and Communities said in a statement. The ...