News

DUBAI / WAM Over the last 15 years, Dubai’s Roads and Transport Authority (RTA) has undertaken roads and transport projects worth more than AED145 billion, stated Mattar Mohammed Al Tayer, Director-General, Chairman of the Board of Executive Directors of the Roads and Transport Authority, (RTA), Commissioner-General for the Infrastructure, Urban Planning and Wellbeing Pillar in Dubai. This milestone was achieved ...

Abu Dhabi / WAM A team of Emirati entrepreneurs launched first satellite to track wildlife in UAE (Ghalib). Developed by Emirati firm Marshall Intech, the satellite was successfully launched on SpaceX Falcon-9 rocket at Cape Canaveral Space Force Station, Florida. The satellite entered its orbit, 550 km above sea level. Equipped with advanced technologies, Ghalib satellite allows researchers to track ...

Dubai / WAM DP World, UAE Region, the leading smart trade enabler, and Petrochem Middle East, the largest chemical distributor in the Middle East and Africa, signed a 30-year lease agreement that expands its business in the region. Petrochem Middle East will invest between $80 million to $90 million in developing a chemical terminal on Quay 7, adjacent to the ...

Bloomberg The European Union (EU) proposed a swathe of new rules to bring the world of finance in line with its ambitious goal to make the region carbon neutral by the middle of the century. The European Commission wants tighter measures on banks and credit rating agencies to better reflect the risks climate change poses to the financial system. The ...

Abu Dhabi / WAM Wizz Air Abu Dhabi, a national airline of the UAE, has announced its latest route to Baku, Azerbaijan starting August 14. The launch of the new route will see the airline now fly to 29 destinations. Azerbaijan is currently on Abu Dhabi’s green country list meaning that travellers will not be required to quarantine upon arrival ...

Dubai / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, stressed that the Expo 2020 Dubai will be a global platform for foreseeing a future full of opportunities for generations to come. The UAE, which has a unique international developmental legacy established by the late Founding Father, Sheikh Zayed bin Sultan Al ...

Dubai / WAM Dubai Electricity and Water Authority (Dewa) has completed 84.52 percent of the 829 megawatts (MW) 4th phase of the H-Station power plant in Al Aweer with investments totalling AED1.1 billion. This phase will increase the station’s total capacity to 2,825MW under climate conditions of up to 50 degrees Celsius. The project is expected to be operational by ...

DUBAI / WAM Global Village announced that its gates will re-open to the world on Tuesday, October 26, to operate over 167 days until April 10, 2022. Interested parties can register now as final touches are made to the Season 26 master plan. Prospective partners for kiosks and food carts have until 1st August 2021, to submit their concepts and ...

ABU DHABI / WAM Abu Dhabi National Insurance Company (Adnic), a leading regional multi-line insurance provider for both corporate and individual customers, has partnered with Ajman Free Zone (AFZ) to provide health insurance plans for registered investors and entities. The agreement was signed by Alya Al Tamimi, Vice President – Branches and Direct Sales of Adnic and Ali AlSuwaidi, Director-General ...

Abu Dhabi / WAM The Media Regulatory Office of the Ministry of Culture and Youth on Wednesday announced a decision to resume the distribution of newspapers and magazines across the UAE’s public places, provided it is done in full compliance with precautionary and preventative measures regarding Covid-19. The decision follows a series of meetings held by the office with major ...