News

Abu Dhabi / WAM Abu Dhabi Department of Economic Development (Added) launched the “Made in Abu Dhabi” campaign to promote national products manufactured in Abu Dhabi emirate in order to enhance their competitiveness and encourage consumers to ‘buy local’. In addition, it will incentivise manufacturers to display the approved campaign logo on their products. In order to communicate the campaign ...

Abu Dhabi / WAM The United Arab Emirates (UAE) has consolidated its position as a leading global supporter of children’s rights, through a range of initiatives and aid campaigns aimed at ensuring the rights of millions of children to health, education and food. HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, President of the Supreme Council for ...

Abu Dhabi / WAM Abu Dhabi Fund for Development (ADFD) has been supporting the country’s effort towards driving energy transition at home and around world by financing innovative renewable-energy projects. These initiatives have had powerful impact on economies and the environment of beneficiary countries. The fund has consistently increased its portfolio of such projects, having funded 90 of them over ...

ABU DHABI / WAM Emirates Global Aluminium (EGA) and Geocycle UAE, part of the building solutions group LafargeHolcim, on Sunday announced they have signed an agreement to extend their ground-breaking 10-year partnership in creating value from industrial waste in the UAE. EGA has worked with LafargeHolcim since 2010 to find productive uses in the UAE for spent pot lining, the ...

ABU DHABI / WAM Spain is interested in exploring the UAE’s expertise in the production of offshore green hydrogen, which is dubbed as ‘the oil of the future’ that can heavily help reduce carbon emissions, according to a top Spanish official. In an exclusive interview with Emirates News Agency (WAM), Teresa Ribera, Deputy Prime Minister of Spain and Minister for ...

DUBAI / WAM The Enoc Group has won the prestigious “Sword of Honour” award from the British Safety Council. The Enoc Group received the accolade for excellence in managing health and safety risks at work, making it one in 66 organisations worldwide to have achieved this prestigious recognition. The Group has been recognised for its efforts towards ensuring health and ...

Bloomberg Iraq plans to cut oil output in January and February to make up for breaching its Opec+ quota last year, according to the state company that markets the nation’s crude. Opec’s second-biggest producer will pump around 3.6 million barrels daily for the two months, according to Ali Nizar, the deputy head of SOMO. That compares with around 3.85 million ...

Abu Dhabi / WAM Shuaa Capital on Sunday announced the first dividend for investors in two of its Sharia-compliant funds, offering a 1 percent cash dividend for the fourth quarter of 2020. The dividend is first dividend from the funds and within three months of their launch and translates to a 6.4 percent dividend yield for the investors. The Nujoom ...

ABU DHABI / WAM The World Muslim Communities Council has commended the pioneering step through which the United Nations General Assembly adopted, unanimously, the project presented by Saudi Arabia, Egypt and Morocco, and supported by many brotherly and friendly countries, to promote a culture of peace and tolerance to protect religious sites. The Council expressed its pride and deep appreciation ...

ABU DHABI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, stated that 2020 was an exceptional year full of national achievements in all sectors worthy of pride, noting that he is proud of the government’s successes, despite the challenges caused by the coronavirus pandemic. He was also optimistic that 2021 ...