News

  Abu Dhabi / WAM Emirates Water and Electricity Company (Ewec) completed the transfer of its control centre from Abu Dhabi Transmission and Despatch Company (Transco) to its own assets, which is an important step towards enhancing energy efficiency in the UAE, asserted Ahmed Mohammed Al Rumaithi, Undersecretary of the Abu Dhabi Department of Energy (DoE). Ewec is now tasked ...

    Dubai / WAM In his capacity as Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, approved the Government of Dubai’s general budget for the fiscal cycle of 2022-2024, with a total expenditure of AED181 billion. His Highness Sheikh Mohammed has also approved Law No. (28) for the ...

    Abu Dhabi / WAM The Public Prosecution on Sunday published a video on its social media accounts highlighting the potential penalties for spreading rumours and false news, in accordance with Federal Decree Law No. 34 of 2021 aimed at combatting the spread of rumours and fake news. The Public Prosecution pointed out that according to Article 52 of ...

  Abu Dhabi / WAM AD Ports Group emerged from a challenging 2020, when the global shipping industry was disrupted by Covid-19, to build a strong trajectory of growth throughout 2021, achieving a series of historic milestones and expanding its footprint in the region and beyond. AD Ports Group closed 2021 with the signing of a number of strategic agreements ...

  Abu Dhabi / WAM Surface parking spaces in Abu Dhabi will be free of charge during the holiday on Saturday, January 1 until 7:59 am on Sunday, January 2, 2022. Additionally, the Mussafah Industrial area parking lot M18 will be free of charge during the official holiday. In an announcement, the Integrated Transport Centre (ITC) of the Department of ...

  Dubai / Gulf Time Dubai saw the completion of 1,392 real estate transactions valued at AED5.6 billion during the week ending December 30, according to the Dubai Land Department (DLD). The DLD weekly report said 98 plots were sold for AED685.36 million, along with 994 apartments and villas for AED1.93 billion. The top three transactions were for a land ...

  Dubai / WAM Dubai Airports said that an estimated two million passengers are expected to pass through DXB until January 8, 2022, with average daily traffic exceeding 178,000 travellers. January 2, 2022 will be busiest day of holiday season with more than 198,000 passengers expected. Dubai Airports also announced on Thursday that only ticketed passengers will be allowed entry ...

  Abu Dhabi / WAM Emirates Global Aluminium (EGA) on Thursday announced the early, full repayment of the project finance facilities extended by 13 export credit agencies and banks for the development of the company’s Al Taweelah smelter in Abu Dhabi. The project financing was extended to Emirates Aluminium, now an EGA subsidiary, for phase one of the project in ...

  ABU DHABI / WAM Masdar, one of the world’s leading renewable energy companies, has signed an agreement with the Georgian Energy Development Fund (GEDF) to develop a solar photovoltaic (PV) power project in the country, with a capacity of as much as 100 megawatts (MW). The project, which will be jointly developed with the GEDF, will be Georgia’s largest ...

  Abu Dhabi / WAM AD Ports Group has announced the signing of an agreement with China-based Shandong Port Group, to establish a Tyre Hub at Kizad for the storage and distribution of tyres. AD Ports Group will provide space for an upcoming 150,000 sqm facility in Kizad under its Industrial Cities and Free Zone Cluster. This will include warehouse ...