News

ABU DHABI / WAM Abu Dhabi Ports has developed a new transparent classification system for residential accommodations to help companies efficiently select tailored housing solutions for their employees. The Star Rating Programme, first-of-its-kind in the UAE, assigns five, four, three, two, and one-star ratings to communities under Abu Dhabi Ports’ supervision, based on the amenities available to residents, including services, ...

ABU DHABI / WAM Nawah Energy Company (Nawah), the Emirates Nuclear Energy Corporation’s (Enec) Joint Venture nuclear operations and maintenance subsidiary, has signed a five-year Original Equipment Manufacturer (OEM) support agreement with Westinghouse Electric Company. Leveraging the expertise of the best performing international nuclear energy experts, the agreement brings the benefit of Westinghouse’s OEM expertise in operational support, maintenance, engineering, ...

Ajman / WAM The Ajman Tourism Development Department (ATDD) launched the “Al Murabbaa Arts Festival” under the motto, “Inspired by Yesterday to Imagine Tomorrow” to be held with the patronage of HH Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Ajman Executive Council, from 28th October to 6th November, 2021, in the Ajman Heritage ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, inaugurated a series of road networks and strategic development projects implemented with the aim of shortening the distance and transportation time between various regions and emirates in the country. Completed at a total cost of AED1.95 billion, ...

DUBAI / WAM The ‘100 Million Meals’ campaign’s food aid distribution has been completed in Bangladesh, providing over 6.4 million meals across refugees camps. As part of the campaign, the United Nations World Food Programme (WFP) distributed e-vouchers to enable around 36,000 refugees to purchase their own food from stores, shops and bakeries in Rohingya refugee camps in Cox’s Bazar, ...

Dubai / WAM Dubai Electricity and Water Authority (Dewa) has completed 79.6% of the Lusaily water reservoir, which has a storage capacity of 60 million imperial gallons (MIG). With investments totalling AED 175.4 million, the project is expected to be completed by the end of Q3 2021. ” Dewa works in line with its strategy to consolidate Dubai’s leading position ...

SHARJAH / WAM The Environment and Protected Areas Authority in Sharjah (EPAA) has started implementing a coral reef cultivation project in the Al Hamriyah region of Sharjah. The project aims to achieve sustainable development of marine life, increase biological cover and biodiversity as well as rehabilitate marine life in the area. The coral reef farming project in the Al Hamriyah ...

Bloomberg US Treasury Secretary Janet Yellen will press European Union (EU) officials in Brussels to reconsider their plan to propose a digital levy after securing the Group of Twenty’s endorsement for the principles of a global corporate-tax agreement. Yellen is in Brussels following the gathering of G-20 finance ministers and central bankers in Venice, which concluded with the group’s call ...

Bloomberg Britain’s household wealth surged 900 billion pounds ($1.3 trillion) during the pandemic, and much of that went to the richest people, a study by the Resolution Foundation showed. The figure is well above the Bank of England’s estimate for how much money consumers accumulated during lockdowns that shut most stores and prevented people from traveling. It adds to evidence ...

DUBAI / WAM In executing the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to grant golden visas to 100,000 entrepreneurs, owners of enterprises, and start-ups specialised in coding, the National Program for Coders announced the start of the golden visa application process. This initiative is ...