Ras Al Khaimah / WAM The Ras Al Khaimah Municipality Department has officially launched the “Unified Addressing and Spatial Guidance System Project for the Emirate of Ras Al Khaimah” (The Address), which will improve the quality of life and drive sustainable development in the emirate. The Address will also help achieve the emirate’s developmental and economic plans and give it ...
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Emirates plans A380 flypast over Dubai
Dubai / Emirates Business The Emirates Expo 2020 Dubai special livery aircraft will be performing two low level flypasts over Sheikh Zayed Road and the Expo 2020 Dubai site on October 13, Wednesday morning and October 14, Thursday. Opportunities for media and the public making their morning commute to spot the aircraft will approximately be between the hours of 5am ...
Read More »UAE approves AED290b budget for 2022-2026
ABU DHABI / WAM The UAE cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, approved the UAE General Budget for the years 2022- 2026, with total expenditures of AED290 billion and the UAE General Budget for the year 2022, with AED58.931 billion expenditures. The meeting, held ...
Read More »Sheikh Khaled launches AED5b Abu Dhabi IPO Fund
Abu Dhabi / WAM Under the directives of the Supreme Council for Financial and Economic Affairs, His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, member of the Abu Dhabi Executive Council, Chairman of the Abu Dhabi Executive Office, and member of the board of Abu Dhabi Supreme Council for Financial and Economic Affairs, has launched the Abu Dhabi ...
Read More »UAE is the country of choice for Arab youth for 10th straight year
ABU DHABI / WAM Arab youth have named the UAE as the country in the world they would most like to live in and the one they would most like their own nation to emulate for the 10th straight year. This is one of the main findings of the 13th Annual ASDA’A BCW Arab Youth Survey released on Tuesday. This ...
Read More »Enoc opens new service station in Dubai South
Dubai / WAM Enoc Group has announced the opening of a new service station in Dubai South, an urban master development focused on the aviation and logistics ecosystem, in close proximity to the Expo 2020 Dubai site. This takes the total number of Enoc service stations to 156 across the UAE. The new service station will cater to residents and ...
Read More »Zayed University, EDB join hands to boost UAE’s higher education system
Dubai / WAM Zayed University (ZU) has signed a Memorandum of Understanding (MoU) with Emirates Development Bank (EDB) to empower the new generation of leaders through a unique model of problem-solving academia, where students are equipped with cross-disciplinary skills that are relevant in today’s fast-paced job market. The MoU was signed by Saeed Al Dhaheri, University Council Board Member, Zayed ...
Read More »Macron unveils $35 billion plan for industrial revival
Bloomberg French President Emmanuel Macron unveiled a 30-billion-euro ($35 billion) plan to create the high-tech champions of the future and reverse years of industrial decline in the euro area’s second-largest economy. The plan, dubbed “France 2030,†foresees investing the funds over five years in sectors including nuclear and renewable energy sources, electric cars, semiconductors and robotics. “I want us to ...
Read More »Global PC sales stunted by supply, logistics snarls
Bloomberg Computer sales grew at the slowest rate since the start of the pandemic due to component shortages and logistics snarls, according to the latest report by IDC. The key US market shrunk for the first time since sales cratered in the first quarter of 2020 with the coronavirus outbreak, the market researcher said. Shipments there fell 7.5% in the ...
Read More »Lonza to keep investment high amid vaccine demand
Bloomberg Swiss drug-ingredient maker Lonza Group AG said it plans to keep investment at high levels over the coming years to keep up with demand to manufacture products such as Moderna Inc.’s Covid-19 vaccine. Capital expenditure will be 25% of total revenue this year and remain at such elevated levels for the next few years, the company said on Tuesday. ...
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