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SEDD carries out 48,191 inspection campaigns

Sharjah / WAM A total of 48,191 inspection campaigns were carried out on various economic establishments in Sharjah during the second quarter of 2021, achieving a growth of 288 percent compared to the second quarter of last year, according to Sharjah Economic Development Department (SEDD). Salim Al Suwaidi, Deputy Director of Commercial Control and Protection Department at SEDD, said the ...

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SCCI gears up to launch 5th Al Dhaid Date Festival

SHARJAH / WAM The Organising Committee of the Al Dhaid Date Festival has finalised all preparations to launch the 5th edition of the festival, which is organised by the Sharjah Chamber of Commerce and Industry (SCCI) from July 22-25. Mohammed Ahmed Amin Al-Awadi, Director-General, SCCI, stated the preparations are in full swing to organise a distinguished season of the festival ...

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Rezq-Baraka raises $20m for expansion

Emirates Business Zurich Capital Funds Holding (the ZCFH’) marked the beginning of an exciting new chapter in its ongoing journey towards expanding its investment portfolio with the launch of its new mobile banking. ZCFH headquartered in GCC & Africa, mobile banking company Rezq -Baraka (the ‘Rezq), the only mobile Shariah compliant &digital bank in the world, raises $20 million for ...

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Covid-19: UAE reports 1,508 new recoveries

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP), announced that it conducted 299,275 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Saturday, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary ...

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ERC provides relief to refugees affected by fire in Iraqi Kurdistan

ERBIL / WAM The Emirates Red Crescent (ERC) provided relief aid to people affected by the fire that erupted in the Sharia Refugee Camp in Dohuk, Kurdistan Region, Iraq. A delegation from the ERC supervised the distribution of food, medical supplies, clothes, cooking equipment and other necessities to thousands of Iraqi refugees at the camp. The delegation, which is visiting ...

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Adnoc invests AED2.8 billion in rigless services to boost output

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc), on Wednesday announced an investment of $763.7 million (AED2.8 billion) in integrated rigless services across six of its artificial islands in the Upper Zakum and Satah Al Razboot (SARB) fields to support its production capacity expansion to 5 million barrels per day (mmbpd) by 2030. The investment is in ...

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Adnec buys new hotel in London, expands portfolio

ABU DHABI / WAM The Abu Dhabi National Exhibitions Company (Adnec), part of ADQ, added a new hotel to its portfolio: the DoubleTree By Hilton London ExCel. The announcement comes in line with Adnec’s long term investment strategy aimed at diversifying its business across the Group and achieving optimal integration of its assets through diversified economic sectors. The addition brings ...

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UAE, Vatican to bolster cooperation in education

ABU DHABI / WAM The Ministry of Education signed a Memorandum of Understanding (MoU) with the Congregation for Catholic Education at the Holy See, Vatican, to strengthen their cooperation in education. The MoU was signed by Hussain bin Ibrahim Al Hammadi, Minister of Education, and Cardinal Cardinal Giuseppe Versaldi, Prefect of the Congregation for Catholic Education and President of Pontifical ...

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Abu Dhabi fund okays $15m for road project in Rwanda

Abu Dhabi / WAM Abu Dhabi Fund for Development (ADFD) signed a loan agreement with the Government of Rwanda to provide an AED 55 million ($15 million) concessionary loan to finance the Rubengera-Muhanga road project, which stretches across 61 kilometres. The loan agreement was signed by Mohammed Saif Al Suwaidi, Director-General of ADFD, and Emmanuel Hategeka, Rwanda’s Ambassador to the ...

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Enoc to roll out world’s first ‘eLink’ stations

Dubai / WAM Enoc Link, the digital mobile fuel delivery service for businesses in the UAE by Enoc group, on Wednesday announced its plans to roll out its new and world-first eLink Station across the UAE. The eLink Station is a mobile fuelling format that will enable motorists and customers easy access and convenient fuelling services. It is designed to ...

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