News

Abu Dhabi / WAM The Abu Dhabi Judicial Department (ADJD) organised a virtual workshop entitled “Alternative Litigation Means – Mediation and Conciliation”, in light of Federal Law No. 5 of 2021 amending certain provisions of Law No. 17 of 2016 on the Establishment of Mediation and Conciliation Centres in Civil and Commercial Disputes. The workshop was held with the aim ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has announced the countdown for Expo 2020 Dubai, the world’s largest cultural event to convene the global community towards creating solutions for a better future. In 100 days, the UAE will be the first country in the ...

Dubai / WAM The UAE retail e-commerce market reached a record $3.9 billion in 2020, a 53 percent year-over-year increase driven by the Covid-19-led digital shift, while e-commerce accounted for 8 percent share of the retail market during the same year, new analysis from Dubai Chamber of Commerce and Industry has revealed. The study projected the value of the market ...

DUBAI / WAM The United Nations has selected the United Arab Emirates to host the 18th UN Public Service Forum in October, coinciding with celebrations of the UAE’s Golden Jubilee. This global forum aims to support the governments’ efforts around the world to achieve the Sustainable Development Goals, as it explores opportunities for governments to deliver seamless digital services, embrace ...

Abu Dhabi / WAM Mubadala Investment Company, an Abu Dhabi-based sovereign investor, on Wednesday announced the acquisition of a 2.6 percent stake in EN+, a global leader in low-carbon aluminium production and renewables. Mubadala’s total share ownership in EN+ now stands at 2.86 percent on a fully diluted basis. The new block acquisition equates to 16,641,700 of EN+ ordinary shares. The ...

Abu Dhabi / WAM The Mohamed Bin Zayed Solar PV Complex, one of the largest solar PV plant in West Africa financed by the Abu Dhabi Fund for Development (ADFD) and selected under ADFD-Irena Project Facility, is now fully operational. The 50-megawatt (MW) project in Blitta, Togo, will supply reliable, clean electricity to hundreds of thousands of homes and businesses ...

Abu Dhabi / WAM Ahmed Al Naqbi, CEO of Emirates Development Bank (EDB), revealed bank’s plans to launch an AED 1 billion direct investment fund in 2022 to support SMEs and industrial companies that need financing and investment in priority sectors, such as manufacturing, healthcare, infrastructure, food security and technology. In a statement to the Emirates News Agency (WAM), Al ...

MORONI / WAM President Azali Assoumani of the Republic of Comoros has received Saeed Mohammed Al Maqbali, UAE Ambassador to Comoros, in the capital, Moroni. During the meeting, they discussed ways to enhance relations between the two brotherly countries across all sectors, in addition to many issues of common interest. President Assoumani lauded UAE-Comoros ties, stressing the need to develop ...

Abu Dhabi / WAM The Mohamed Bin Zayed Solar PV Complex, one of the largest solar PV plant in West Africa financed by the Abu Dhabi Fund for Development (ADFD) and selected under the ADFD-Irena Project Facility, is now fully operational. The 50-megawatt (MW) project in Blitta, Togo, will supply reliable, clean electricity to hundreds of thousands of homes and ...

Abu Dhabi / WAM Zayed Charitable and Humanitarian Foundation has begun implementing its seasonal programme, “Eid Clothing”, ahead of Eid Al Adha. Hamad Salem bin Kordous Al Ameri, Director-General of the foundation, said that the foundation aims to achieve its goals in charitable work based on its social responsibility in line with the approach established by the UAE’s Founding Father, ...