Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Saturday received a telephone call from Gurbanguly Berdimuhamedow, President of Turkmenistan. During the conversation, the two leaders discussed ways of strengthening bilateral ties and cooperation to serve the mutual interests of the two ...
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Dubai records AED72.5bn in real estate transactions in H1
Dubai / WAM Dubai’s real estate market witnessed transactions worth AED72.5 billion in the first half of 2020, despite the impact of the global Covid-19 outbreak, according to a report issued by the Dubai Land Department (DLD). The figures indicate that Dubai’s real estate sector is gradually returning to normal, driven by the stimulus packages and initiatives launched by the ...
Read More »Seha begins clinical trials for phase III of Covid-19 vaccine
Abu Dhabi / WAM Inspired by the UAE Leadership’s vision and commitment to overcome the pandemic through a global collaborative effort, the Abu Dhabi Health Services (Seha) has started conducting new clinical trials for phase III of inactivated vaccine to combat Covid-19. The trials are being conducted under the supervision of the Department of Health – Abu Dhabi, and in ...
Read More »India’s Reliance becomes world’s No. 2 energy firm
Bloomberg Reliance Industries Ltd., controlled by Asia’s richest man, toppled ExxonMobil Corp. to become the world’s largest energy company after Saudi Aramco, as investors piled into the conglomerate lured by the Indian firm’s digital and retail forays. Reliance, which manages the biggest refinery complex, gained 4.3% in Mumbai adding $8 billion to take its market value to $189 billion, while ...
Read More »Oil trading profits soar for energy majors who made storage bets
Bloomberg In March and April, as oil prices plunged to their lowest in a generation, Norwegian energy giant Equinor ASA was busy doing the opposite of what oil companies usually do: pumping as much crude as possible underground into giant caverns on the nation’s North Sea coast. Equinor also filled oil tankers with crude, turning them into floating storage facilities, ...
Read More »Dewa, Siemens host tech talk ‘Scenario 2030’
DUBAI / WAM The Dubai Electricity and Water Authority (Dewa) and Siemens have organised a technology talk titled “Scenario 2030” where both sides discussed innovations and technologies of the future in the energy sector. These included energy storage, artificial intelligence, smart grids, and energy efficiency among other topics. The meeting supports long-term strategic partnership between Dewa and Siemens for over ...
Read More »DFF presents outlook on future of transportation
DUBAI / WAM Dubai Future Foundation (DFF) in collaboration with the Dubai Future Council for Transportation, launched a report spotlighting the future of the transportation sector. The report makes a business case for investing in autonomous driving, advanced transport infrastructure, and strengthening cargo delivery through leveraging cutting-edge technology and innovation. Furthermore, the report underscores the importance of enhancing the human ...
Read More »Aldar opens Soul Beach at Mamsha Al Saadiyat
ABU DHABI / WAM Aldar Properties announced the opening of Soul Beach, a new leisure destination at the Mamsha Al Saadiyat community for UAE residents and international visitors alike. Overlooking the blue waters of the Arabian Gulf, Soul Beach will feature a 1km beach with pristinely manicured sands, a 400m swimming zone, 400 parasol-flanked sunbeds and a unique refreshment concept ...
Read More »Five areas in Dubai account for 43.7% of all newly issued licences
Dubai / WAM A report issued by the Business Registration & Licensing sector of Dubai Economy highlighted the most popular areas across the city for setting up new business. As per the report, five areas account for 43.7 percent of the total new business licences issued during the first half of this year. Dubai Economy had issued 16,826 new business ...
Read More »SCI distributes 9,200 meals to workers in July
Dubai / WAM Sharjah Charity International (SCI) distributed 9,200 meals to workers in July, of which 5,200 meals were distributed, as part of SCI’s many projects that it implements. Abdullah Sultan bin Khadim, Executive Director of SCI, highlighted that this project is one of the many humanitarian initiatives, in which SCI carries out its supporting role in the community by ...
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