News

Abu Dhabi-Bahrain trade hits AED41.83b in 6 years

Abu Dhabi / WAM The General Administration of Abu Dhabi Customs announced that the volume of non-oil trade exchange between the Emirate of Abu Dhabi and the Kingdom of Bahrain through the emirate’s ports amounted to AED 41.83 billion during the period from 2015 to November of this year, which reflects the development of economic and trade relations between the ...

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Sharjah unveils region’s first 3D printing house

Sharjah / WAM Hussain Al Mahmoudi, CEO of Sharjah Research Technology and Innovation Park (SRTI Park) announced the inauguration of first house built in the region with 3D printing technologies with traditional architecture on the complex grounds, expressing his happiness with this achievement. He pointed out to “Sharjah 24” that this house is Arab design and heritage, and we aspire ...

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Ministry launches UAE Environmental Policy

Dubai / WAM The Ministry of Climate Change and Environment (MOCCAE) held a virtual media briefing on Wednesday on the launch of the UAE Environmental Policy, approved by the UAE cabinet in late November. The policy aims to enhance the quality of life, support the implementation of the Sustainable Development Goals (SDG), promote economic diversity and prosperity, and preserve ecosystems ...

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Arada reveals Naseej District, new creative neighbourhood for Sharjah

Sharjah / WAM Arada has launched Naseej District, an upscale neighbourhood that celebrates art, design and culture at the AED24 billion megaproject in the heart of New Sharjah. Naseej, which means fabric, reflects the developer’s aspiration to weave together diverse skills, talents and backgrounds to turn the cultural district into a coherent social space for the creative community in Sharjah. ...

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Mubadala to invest in Asper’s AED2.1b investment vehicle

ABU DHABI / WAM Mubadala, the Abu Dhabi-based sovereign investment company, on Tuesday announced that it will be taking a significant stake into Asper Investment Management’s (Asper) Dorothea investment vehicle (Dorothea). Dorothea is targeting to deploy more than AED 2.1 billion (€ 500 mn) into building a network of district heating services across the Netherlands. Asper is Europe’s leading independent ...

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President calls for rain prayer across country’s mosques

ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has called for a prayer for rain, known in Arabic as Salaat Al Istisqaa, to be performed at all mosques and prayer areas across the UAE, ten minutes before the Friday prayer, on December 18. The prayers were held to keep with the tradition of the Prophet ...

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Abu Dhabi agri sector gets AED524m boost

ABU DHABI / WAM The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) has approved five investment projects worth AED 524 million to establish fish, vegetable, fruit, cattle and poultry farms on a total land and sea area of approximately four million m2. The investment opportunities, identified and managed in cooperation with the Abu Dhabi Investment Office (ADIO), will be ...

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Opec warns against rushing output hike

Bloomberg The president of Opec reiterated that the oil producers’ cartel shouldn’t rush to increase output early next year and said energy demand was still fragile with the coronavirus raging across parts of the world. Algeria’s Energy Minister Abdelmajid Attar, who holds Opec’s rotating presidency, said there was no guarantee the group and its allies would raise crude production by ...

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Moro offers new security services

DUBAI / WAM Moro Hub, the digital arm of Dubai Electricity and Water Authority (Dewa), has announced the launch of end-to-end managed security services in the region, as a part of Dubai 10X initiative. Customers can now avail Moro Hub’s 24×7 security monitoring and threat management service that is augmented with advanced technologies hosted on Moro Hub Cloud and managed ...

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UAE gears up to celebrate National Day of Bahrain

Abu Dhabi / WAM The UAE will celebrate, on Wednesday, the National Day of Bahrain on December 16, with official and popular celebrations that reflect the deep relations and strategic partnership between the two countries and their peoples. The celebrations will feature many events and shows, which include lighting up country’s key landmarks with Bahraini flag, festive decorations in airports, ...

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