AJMAN / WAM Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, announced on Saturday that the Sheikh Zayed Housing Programme (SZHP) completed Phases 1 and 2 of the Mohamed bin Zayed City 1 residential project in Ajman, which include construction of 497 houses. Al Mazrouei said the beneficiaries who met all the requirements will be handed over their ...
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UAE government secures top rankings in global indicators
ABU DHABI / WAM The UAE government has succeeded in advancing its global rankings to be one of the best in government development indices. Most notably, the UAE ranked first globally on the absence of bureaucracy indicator and second on the adaptability of government policy indicator in the IMD World Competitiveness Yearbook, while coming in third on the government responsiveness ...
Read More »Adnoc offers over 375mn shares in distribution unit
ABU DHABI / WAM Abu Dhabi National Oil Company (Adnoc) together with its subsidiaries, the Adnoc group, the current holder of 80 percent of the common shares in Abu Dhabi National Oil Company for Distribution PJSC, announced on Wedneday its intention to offer approximately 375 million shares (the shares). The shares correspond to approximately three percent of the registered share ...
Read More »â€˜Zayed 3’ joint military exercise between UAE, Egypt continues
ABU DHABI / WAM The joint military exercise between the ground forces of the UAE and Egypt titled “Zayed 3â€, will continue until June 30. The exercise comes within the framework of the UAE Armed Forces’ keenness to conduct several joint exercises with fraternal and friendly countries, to increase combat capabilities, based on the interest of the Ministry of Defence ...
Read More »Abu Dhabi boosts digital economy with Amazon Web Services launch
Abu Dhabi / WAM Abu Dhabi’s digital economy will be boosted through the launch of Amazon Web Services’ (AWS) cloud infrastructure region in the UAE, as part of the Abu Dhabi Investment Office’s (ADIO) efforts to attract investments that build technology capabilities. The arrival of the AWS Middle East (UAE) Region in the first half of 2022 will accelerate cloud ...
Read More »India may need to borrow $22b more to pay states
Bloomberg India may need to borrow more for a second straight year to compensate its states for their revenue loss due to a shortfall in a nationwide consumption tax collection, according to people with knowledge of the matter. The additional borrowing requirement is estimated at $21.7 billion in the fiscal year started April 1, said the people, who asked not ...
Read More »Emirates wins best airline worldwide award for eighth consecutive time
Dubai / Emirates Business Emirates has been voted ‘Best Airline Worldwide’ for the eighth consecutive time by the Business Traveller Middle East Awards 2021. The airline also took home accolades for ‘Airline with the Best First Class’, and ‘Airline with Best Economy Class’. The wins demonstrate Emirates’ strategic approach to continuously improving the onboard and on ground experience, offering a ...
Read More »Covid-19: UAE reports 1,725 new recoveries
Abu Dhabi / WAM The Ministry of Health and Prevention, MoHAP, announced that it conducted 225,954 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, 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 treatment. As ...
Read More »Abu Dhabi boosts digital economy with Amazon Web Services launch
Abu Dhabi / WAM Abu Dhabi’s digital economy will be boosted through the launch of Amazon Web Services’ (AWS) cloud infrastructure region in the UAE, as part of the Abu Dhabi Investment Office’s (ADIO) efforts to attract investments that build technology capabilities. The arrival of the AWS Middle East (UAE) Region in the first half of 2022 will accelerate cloud ...
Read More »TDRA welcomes AWS’s decision to open data centres in UAE
Abu Dhabi / WAM In a step that confirms the UAE global position as a regional and global hub for digital economy and digital transformation, Amazon Web Services (AWS) announced that it will open data centres in the UAE in the first half of 2022. Through its data centres, AWS will provide a variety of innovative services and solutions for ...
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