News

  ABU DHABI / WAM Apex Holding, a subsidiary of International Holding Company (IHC), and a diversified operating holding company investing across multi sectors, has agreed to Ras Al Khaimah Cement Investment (Rakcic) sale and purchase deal. The transaction was approved by the board members of Rakcic, and subject to regulatory approvals. Through this agreement, Ras Al Khaimah Cement Investment ...

  Abu Dhabi / WAM Masdar, one of the world’s leading renewable energy companies and the host of Abu Dhabi Sustainability Week (ADSW), has announced the opening of registration for the 2022 Youth 4 Sustainability (Y4S) forum, a series of youth-led discussions taking place from January 17–19 as part of ADSW 2022. The Y4S platform, held under the patronage of ...

  Dubai / WAM Dubai Insurance Company (DIN) has announced the successful recruitment of 57 new local professionals who have joined their growing team of experts as of December 2021. The new comers include 3 managers, 11 administrative supervisors, 32 legal researchers, 1 computer programmer and 10 customer service agents, bringing the total number of locals to 82 employees. Commenting ...

  Abu Dhabi / WAM Masdar, one of the world’s leading renewable energy companies and the host of Abu Dhabi Sustainability Week (ADSW), has announced the opening of registration for the 2022 Youth 4 Sustainability (Y4S) forum, a series of youth-led discussions taking place from January 17–19 as part of ADSW 2022. The Y4S platform, held under the patronage of ...

  NEW YORK / WAM The UAE has condemned the Houthis’ seizure of a UAE-flagged civilian cargo ship in the Red Sea as an act of piracy during a United Nations Security Council meeting on the situation in the Middle East. The civilian cargo vessel, known as the Rwabee, was seized by the Houthis on January 3. Several Security Council ...

  Dubai / WAM DP World, the leading provider of worldwide smart end-to-end supply chain logistics, has been progressing its initiative to develop the capabilities of Emirati and international coders, developers, and engineers to drive the future of the UAE. The initiative is part of its overarching strategy to deploy industry-leading technology to broaden its vision of a digitised, more ...

  Abu Dhabi / WAM In line with its core mandate to help solve some of the world’s most pressing challenges, Aspire, the technology programme management arm of Abu Dhabi’s Advanced Technology Research Council (ATRC), is funding three Virtual Research Institutes (VRIs) in Abu Dhabi Universities. The cumulative AED200 million+ funding across five years, marks a significant investment in research ...

  DUBAI / WAM Dubai Insurance Company (DIN) has announced the successful recruitment of 57 new local professionals who have joined their growing team of experts as of December 2021. The new comers include 3 managers, 11 administrative supervisors, 32 legal researchers, 1 computer programmer and 10 customer service agents, bringing the total number of locals to 82 employees. Commenting ...

  Dubai / WAM DMCC, a free zone and Government of Dubai Authority on commodities trade and enterprise, has announced the completion of a range of enhancements made to Jumeirah Lakes Towers (JLT) throughout 2021 and further upgrades in 2022 to augment the district and improve the public areas across the community. Projects include improved infrastructure by constructing a new ...

  Bloomberg US consumer prices soared last year by the most in nearly four decades, illustrating red-hot inflation that sets the stage for the start of Federal Reserve interest-rate hikes as soon as March. The consumer price index climbed 7% in 2021, the largest 12-month gain since June 1982, according to Labour Department data. The widely followed inflation gauge rose ...