News

Expo 2020 Dubai: Dewa completes its pavilion in Sustainability District

Dubai / WAM Dubai Electricity and Water Authority (Dewa) has completed the construction of its pavilion in the Sustainability District of Expo 2020 Dubai, which aligns with development and innovation, as reflected in the exterior of its design, and features decorative ribbed façade that mimic onward moving portals consistent with the company’s progressive initiatives. Saeed Mohammed Al Tayer, MD & ...

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Dubai to host World Chambers Competition in November

Dubai / WAM Dubai is attracting innovative and pioneering initiatives from chambers of commerce from around the world as it prepares to host the World Chambers Competition 2021, taking place during the 12th World Chambers Congress (12WCC) on November 23-25. The competition recognises and celebrates the achievements of these chambers, while bringing their stories to a wider audience. ICC and ...

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Sheikh Mohammed orders urgent aid flights to Sudan and Ethiopia

DUBAI / WAM Two humanitarian aid flights ordered by Vice President and Prime Minister of the UAE and Ruler of Dubai HH Sheikh Mohammed bin Rashid Al Maktoum to transport much needed aid to Sudan and Ethiopia have reached Khartoum and Addis Ababa. Under the directives of HH Sheikh Mohammed bin Rashid, the International Humanitarian City in Dubai (IHC) facilitated ...

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Aldar-ADQ consortium offers to buy 90% stake in Egypt’s Sodic

ABU DHABI / WAM A consortium comprising Aldar Properties (Aldar) and ADQ has submitted for approval by the Egyptian Financial Regulatory Authority (the FRA) an all-cash mandatory tender offer (MTO) for up to 90 percent and a minimum of 51 percent of the outstanding share capital of The Sixth of October for Development and Investment SAE (SODIC or the Company) ...

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Mashreq, Dafza sign deal to enhance SME growth

DUBAI / WAM Mashreq Bank has signed a Memorandum of Understanding (MoU) with Dubai Airport Freezone Authority (Dafza) to support and grow the ecosystem of services available to small and mid-size enterprises (SMEs) setting up in the zone. The MoU will ensure Dafza businesses have access to a wide variety of initiatives including API integration, as well as banking services ...

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Expo 2020 Dubai to open new, immersive world for families

DUBAI / WAM Expo 2020 Dubai will open up a whole new, immersive world for families — a magical place that merges the fantasy of a vivid imagination with the reality of a world that needs everyone’s help, where children will encounter breakthrough new discoveries, explore world’s ecosystems and learn important lessons about our planet and humanity. Magical mascot shows, ...

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Barakah Unit 2 connection to UAE grid is a historic milestone: FANR

ABU DHABI / WAM The Federal Authority for Nuclear Regulation (FANR) has said that the successful connection of the Unit 2 of the Barakah Nuclear Energy Plant to the UAE grid is another historic milestone for the UAE Nuclear Energy Programme, which will lead to the full commercial operation of Unit 2. In a statement issued on the occasion, FANR ...

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Etihad, Amadeus ink deal on next-gen travel technology

ABU DHABI / WAM Etihad Airways is set to embark on a major digital transformation following the signing of a landmark multi-year deal with Amadeus. As part of the deal, Etihad Airways will implement the full Amadeus Altéa PSS suite, including web booking, revenue management and merchandising, data management and passenger servicing solutions. These technology products will be customised for ...

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Emirates begins A380 services to Istanbul

DUBAI / WAM Emirates announced on Tuesday that it will introduce the first scheduled commercial Airbus A380 service to Istanbul, Turkey from October 01. For the first time, travellers to and from Turkey will have the opportunity to regularly enjoy the experience of flying on this iconic double-decker jumbo jet. Emirates will operate the A380 on its daily EK123/124 service. ...

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FTA offers reduction of 30% on unpaid penalties

Abu Dhabi / WAM The Federal Tax Authority (FTA) has called again on registrants to benefit from Cabinet Decision No. 49 of 2021 on Amending Provisions of Cabinet Decision No. 40 of 2017 on the Administrative Penalties for Violation of Tax Laws in the UAE. The decision came into effect on June 28, 2021, and includes reductions on administrative penalties ...

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