Sharjah / WAM The Sharjah Real Estate Registration Department (RERD) announced that during 2021, the real estate trading volume in the emirate of Sharjah recorded the highest value in four years. The department’s annual report revealed that the volume of real estate transactions in the emirate amounted to a total of AED26.2 billion last year. Abdul Aziz Ahmed Al ...
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Abu Dhabi / WAM Emirates Global Aluminium (EGA) plans to build a 150,000 tonnes per year aluminium recycling facility, the company’s first and set to be the largest in the UAE. EGA intends to market recycled aluminium under the product name “EternAL,” the company announced on Wednesday in a statement. The facility will process post-consumer aluminium scrap such as used ...
Read More »Abu Dhabi / WAM Abdullah Mohammed Al Mazrui, Chairman of the Abu Dhabi Chamber of Commerce and Industry, has received Dr. Ahmed bin Hilal bin Saud Al-Busaidi, Ambassador of Oman to the UAE, at the chamber’s tower in Abu Dhabi. During the meeting, which was also attended by Mohamed Helal Al Mheiri, Director General of Abu Dhabi Chamber, Al ...
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Abu Dhabi / WAM Mohammed Saif Al-Suwaidi, Director General of the Abu Dhabi Fund for Development (ADFD), received Husin Bagis, Ambassador of the Republic of Indonesia for the UAE, at the Fund’s headquarters in Abu Dhabi. Khalifa Abdullah Al Qubaisi, Deputy Director General of ADFD, and several officials from both sides also attended the meeting. During the meeting, the ...
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ABU DHABI / WAM The UAE is embarking on ambitious growth-focused reforms aimed at improving the ease of doing business, attracting foreign investors, creating jobs and diversifying the economy away from oil, said HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation. He added that the country is also committed to combating the threat ...
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Dubai / WAM Dubai Electricity and Water Authority (Dewa) has completed the upgrade of Jebel Ali Habab Pumping Station Phase-II & III. The total capacity of water connections at the station is 36 million imperial gallons per day (MIGD), with a total cost of AED67.44 million, said a Dewa statement on Wednesday. The upgrade process aims to promote the ...
Read More »DUBAI / WAM Slovenia celebrated its National Day at Expo 2020 Dubai by highlighting its green heritage and push towards a knowledge economy, as well as its rich cultural traditions. Zdravko Pocivalsek, Deputy Prime Minister and Minister of Economic Development and Technology, Anze Logar, Minister for Foreign Affairs, and Oto Pungartnik, Slovenian Ambassador to the UAE, were welcomed by ...
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DUBAI / WAM The Department of Planning and Development – Trakhees, the regulatory arm of the Ports, Customs and Free Zone Corporation in Dubai, completed more than 43,000 transactions through the Licencing Department during 2021, with a growth rate of 16% compared to 2020, when about 37,000 transactions were completed. It relates to government services and licencing services for ...
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Bloomberg French President Emmanuel Macron’s price caps to stop a cost-of-living crisis colliding with April’s elections will slow inflation by about one percentage point at the start of 2022, according to Insee. The government has earmarked 15.5 billion euros ($17.7 billion) to curb the impact of inflation for households, most of which for mechanisms to limit the effect of ...
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Bloomberg GlaxoSmithKline Plc expects profit to rise this year as the UK drugmaker prepares to spin off its consumer-health business, its biggest shake-up in more than two decades. Earnings for the pharma and vaccines businesses are expected to rise 12% to 14% in 2022 on an adjusted basis, Glaxo said on Wednesday. The shares rose as much as 1.4% ...
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