News

DUBAI / WAM Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider awarded contracts worth of AED1.39 billion in 2020, to cover the construction of new districts cooling plants and the expansion of its district cooling networks. Other contracts were concluded on energy transmission stations, thermal energy storage (TES) systems, procurement of pre-insulated pipes and metres, ...

ABU DHABI / WAM Wizz Air Abu Dhabi, the UAE’s newest national airline, on Tuesday confirmed that Athens will be its inaugural destination, with flights from Abu Dhabi International Airport starting on January 15, 2021. The airline is also to start flights from Abu Dhabi to Thessaloniki, starting on February 4, 2021. Commenting on the announcement, Kees Van Schaick, Managing ...

Abu Dhabi / WAM The government has announced Friday, January 1, 2021, an official paid holiday for all private sector employees in the UAE, to celebrate the New Year. The announcement was made on Tuesday in a circular issued by Nasser bin Thani Al Hamli, Minister of Human Resources and Emiratisation.

Bloomberg Oil pushed higher with support from a weakening dollar as investors weighed a worsening short-term demand outlook against an eventual rebound as Covid-19 vaccines are rolled out. Futures in New York rise above $48 a barrel, though liquidity was thin in the period between Christmas and New Year. A dip in the dollar boosted the appeal of commodities such ...

Dubai / WAM Dr Aaesha Alnuaimi, Director of the Innovation Centre at Dewa, has won the International Solar Alliance Award and the Women in Renewables Asia of the Year Award 2020 for her outstanding contributions and important achievements in solar power, making her an inspiration for future generations of researchers. Saeed Mohammed Al Tayer, MD & CEO of Dewa, expressed ...

DUBAI / WAM Emirates NBD, a leading banking group in the Menat (Middle East, North Africa and Turkey) region has won top international honours for its leadership in retail banking and digital innovation at the recently held 11th annual Retail Banker International (RBI) Asia Trailblazer Awards 2020. The bank was named Best Retail Bank in UAE in recognition of its ...

Abu Dhabi / WAM The Environment Agency – Abu Dhabi (EAD) has announced that the Al Wathba Wetland Reserve will reopen to the public from Friday January 1, 2021 to Friday April 30, 2021. The reserve was closed in mid-March as a precautionary measure in line with Covid-19 restrictions. Free to enter, the reserve will be open on Tuesdays, Wednesdays, ...

DUBAI / WAM Etihad Credit Insurance (ECI), the UAE Federal export credit company, partnered with ECGC Limited (ECGC), the export credit agency of India, to explore and bolster the trade and economic cooperation between the UAE and India. In a Memorandum of Understanding (MoU) signed by Massimo Falcioni, CEO of ECI and M Senthilnathan, Chairman-cum-Managing Director of ECGC, the two ...

Ajman / WAM His Highness Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, has approved the general budget of the Ajman Government for 2021, which is valued at AED2.066 billion and without a deficit. The budget aims to achieve the government’s strategic priorities, provide the best services, and enhance the emirate’s financial sustainability. HH Sheikh ...

SHARJAH / WAM Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Sharjah Crown Prince, Deputy Ruler, and Chairman of the Sharjah Executive Council (SEC), on Tuesday, chaired a meeting of SEC at the Sharjah Ruler’s office, in the presence of Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Deputy Chairman of SEC. The council discussed ...