Abu Dhabi / WAM The UAE is the most popular destination in the world for Indian tourists, according to figures submitted to Parliament by the Minister of State for External Affairs, V Muraleedharan. Answering a volley of questions from eight members of the Lok Sabha, the lower House of Parliament, Muraleedharan said 314,495 Indians left on tourist visas for ...
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UAE, Mauritania ink deal to enhance media cooperation
Dubai / WAM The Emirates News Agency (WAM) signed a memorandum of understanding (MoU) with the Mauritanian News Agency (AMI) to enhance cooperation between the two sides in the news and media content exchange and serve the interest and aspiration of the two brotherly countries and their people. The MoU, signed at WAM’s office in Dubai, comes within the ...
Read More »Fahr issues circular amending measures to combat Covid-19
DUBAI / WAM The Federal Authority for Government Human Resources (FAHR) issued on Tuesday a circular to all ministries and federal entities, amending some procedures aimed to combat the Covid-19 pandemic at the level of the federal government. The circular is in line with the directives of the UAE government regarding the “Green Pass Protocol” for all federal government ...
Read More »WFES 2022 to focus on business of future energy, sustainability
Abu Dhabi / WAM The World Future Energy Summit (WFES) is set to bring together industry leaders from around the world to showcase their technologies and innovations at the Abu Dhabi National Exhibition Centre (Adnec) from January 17-19, 2022. The event will provide unparalleled business, networking and knowledge exchange opportunities throughout Abu Dhabi Sustainability Week, according to organisers. Organised ...
Read More »Tabreed partners with World Bank’s IFC to expand in India
Abu Dhabi / WAM The National Central Cooling Company (Tabreed) has entered into a strategic partnership with the International Finance Corporation (IFC), a member of the World Bank Group, to invest about $400 million in India over the next five years. Under the partnership agreement, Tabreed India, currently a wholly owned subsidiary of Tabreed, will be transferred to a ...
Read More »UAE expresses solidarity with Philippines over typhoon victims
Abu Dhabi / WAM The United Arab Emirates has expressed its sincere condolences and solidarity with the Philippines over the victims of Typhoon Rai, which swept through several central and southern areas. The typhoon caused around 200 fatalities and left thousands homeless. The Ministry of Foreign Affairs and International Cooperation expressed its sincere condolences and sympathy to the Philippines government ...
Read More »EDB, FAB to provide $165m ‘credit’ facility to Lamprell
ABU DHABI / WAM Emirates Development Bank (EDB) on Monday announced the closure of an AED165 million revolving credit facility, co-arranged with First Abu Dhabi Bank (FAB) to Lamprell Energy Ltd, a leading provider of services to the international energy sector. The bespoke credit facility additionally benefited from the comprehensive trade credit solutions provided by Etihad Credit Insurance (ECI), ...
Read More »Dubai World Trade Centre to set up specialised crypto zone
Dubai / WAM As a part of Dubai government efforts to create new economic sectors, it was announced today that the Dubai World Trade Centre (DWTC) will become a comprehensive zone and regulator for virtual assets and crypto including digital assets, products, operators and exchanges. The DWTC will be designing a comprehensive ecosystem for this progressive sector within Dubai. The ...
Read More »IHC acquires majority stake in Al Qudra Holding
Abu Dhabi / WAM International Holding Company (IHC) has announced today the acquisition of a majority and controlling stake in Al Qudra Holding PJSC (AQH). The acquisition will enable IHC to broaden its portfolio in the real estate, services, and hospitality area. Al Qudra Holding has built out a large portfolio of customers since its founding in 2005, including ...
Read More »Dubai Airports increases its operational capacity to 100%
Dubai / WAM Following the opening of the final phase of Concourse A at Dubai International’s (DXB) Terminal 3, the world’s busiest international airport is 100% operational with all terminals, concourses, lounges, restaurants, and retail outlets now open. Terminal 3 is expected to serve more than 1.6 million passengers in the second half of December during the month’s peak ...
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