News

UAE opens two hospitals in Somaliland to boost healthcare

HARGEISA / WAM A delegation from the Khalifa bin Zayed Al Nahyan Foundation has opened two hospitals in the Republic of Somaliland. The first, is the “Sheikh Khalifa bin Zayed Al Nahyan Hospital,” in the city of Berbera, northwestern Somalia, and the second, is a specialised hospital for women, childbirth and neonatal care, in the city of Burao, the second ...

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Sheikh Mohamed restructures Etihad Aviation Group board

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the UAE Armed Forces, and Chairman of the Executive Council of the Emirate of Abu Dhabi, has issued a Resolution restructuring the Board of Directors of Etihad Aviation Group under the chairmanship of Mohamed Mubarak Fadhel Al Mazrouei. The ...

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Oil nears $52 on still-surging coronavirus, stronger dollar

Bloomberg Oil futures held steady, despite a stronger dollar and physical prices in Asia continuing to trade at weaker levels than a month ago. Premiums for Russia’s ESPO have fallen by more than $1 since last month, according to traders who asked not to be identified. It follows a flurry of new Covid cases in China, potentially menacing demand, and ...

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Taqa supports ADSW ’21 as energy sector partner

ABU DHABI / WAM Masdar, host of the Abu Dhabi Sustainability Week (ADSW), on Monday announced that Taqa Group (Abu Dhabi National Energy Company) will support the global platform for accelerating sustainable development as ADSW’s Energy Sector Partner. The partnership will support the ADSW’s initiatives and events, which are bringing global leaders together virtually from January 18- 21 to engage ...

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DFM launches REITs trading with new listing

DUBAI / WAM Dubai Financial Market (DFM) on Monday hosted a bell ringing ceremony to celebrate the commencement of Real Estate Investment Trusts (REITs) trading with the listing of Al Mal Capital’s REIT. The introduction of REITs is a key milestone in DFM’s journey to diversify product offering and asset classes, broadening the scope of opportunities offered to its vast ...

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Masdar, Taaleri SolarWind II Fund acquire two wind farms in Poland

ABU DHABI / WAM Masdar, one of the world’s leading renewable energy companies, and Taaleri SolarWind II Fund, which invests in utility-scale wind and solar assets, have together acquired 50:50 stakes in two wind farms in Poland. The 37.4 megawatt (MW) Mlawa Wind Farm is located in Mazowieckie in northern Poland and the 14 MW Grajewo Wind Farm is located ...

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Dubai Customs hosts 20 awareness events

Dubai / WAM Dubai Customs events in the 4th UAE Customs Week under the theme “Dubai Customs; Sustainable Operations” will be held from January 24-28, in conjunction with the International Customs Day, which is celebrated on January 26 every year. The events of the Customs Week will focus on raising public awareness around the role customs plays in sustaining economic ...

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UAE opens two hospitals in Somaliland’s cities

HARGEISA / WAM A delegation from the Khalifa bin Zayed Al Nahyan Foundation opened two hospitals in the Republic of Somaliland. The first, is the “Sheikh Khalifa bin Zayed Al Nahyan Hospital,” in the city of Berbera, northwestern Somalia, and the second, is a specialised hospital for women, childbirth and neonatal care, in the city of Burao, the second largest ...

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TBHF funded 39 projects in key sectors in 15 countries in 2020

Sharjah / WAM In a tumultuous year marked by economic and social upheavals worldwide as nations battled the unprecedented Covid-19 pandemic, and compounded by tragic disasters such as the Beirut port blasts and several natural calamities including devastating floods in Sudan, The Big Heart Foundation (TBHF), a Sharjah-based global humanitarian organisation, rose to the forefront of spearheading an international philanthropic ...

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Daman reopens branches

Abu Dhabi / WAM The National Health Insurance Company – Daman, announced the reopening of branches and service points nationwide in addition to extended operating timings and working on Saturdays across its Abu Dhabi branches. The plans are a part of Daman’s plan to gradually return and enhance its in-person operations in line with the pandemic recovery phase. This first ...

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