News

AL DHAFRA / WAM Nawah Energy Company commenced loading the first nuclear fuel assemblies at Unit 1 of Barakah Nuclear Energy Plant as the initial step in process towards safely and gradually commencing operations and subsequent generation of clean electricity. The move follows the company receiving the operating licence for Unit 1 from the Federal Authority for Nuclear Regulation (FANR). ...

ABU DHABI / WAM The Abu Dhabi Government announced on Wednesday its intention to procure approximately AED10 billion ($2.72 billion) of infrastructure projects this year under its public-private partnership (PPP), model in a range of sectors across the emirate. The tenders are part of an initiative dedicated to PPPs by the Ghadan 21 accelerator programme, which focuses on economy, knowledge and ...

DUBAI / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, chaired the first meeting of the UAE’s Golden Jubilee Committee. The meeting was held at the Expo 2020 headquarters in Dubai. The meeting saw committee members discuss the UAE’s preparations to celebrate the fiftieth anniversary of the nation’s establishment. Committee members also ...

LONDON / WAM The Abu Dhabi National Oil Company (Adnoc), on Wednesday announced that it has signed an Exclusive Seller Agreement with Xiamen Sinolook Oil Co. Ltd. This new agreement, which was signed at the 24th World Base Oils and Lubricants Conference in London, appoints Xiamen Sinolook Oil as exclusive seller of Adnoc’s Group III base oil, ADbase, into China, ...

ABU DHABI / WAM Khalifa University of Science and Technology on Wednesday announced that it will be hosting the second “Mubadala-Globalfoundries-SRC Forum” in Abu Dhabi to formulate a vision and to chart future plans for the Artificial Intelligence (AI) semiconductor ecosystem in the UAE. Titled “UAE AI Semiconductor Ecosystem: Looking Ahead”, the AI R&D forum scheduled for February, 20, 2020, ...

DUBAI / Emirates Business Emirates Islamic, one of the leading Islamic financial institutions in the UAE, and Etihad Guest, the award-winning loyalty programme of Etihad Airways, have teamed up to launch a new co-branded credit card, the Emirates Islamic Etihad Guest Visa card. With a comprehensive range of exclusive benefits available to cardholders, the Emirates Islamic Etihad Guest Visa card ...

DUBAI / Emirates Business Deyaar Development PJSC (Deyaar), one of Dubai’s leading property developers and real estate service providers, has announced the completion and handover of Dania District, part of its award-winning Midtown development. Dania District is the second district to be completed in Midtown’s integrated urban community, which is composed of six districts. In 2019, Afnan District was announced ...

New York / WAM The UAE has called on global parliamentary representatives to make access to education for all a priority, given its positive contributions towards social and economic prosperity of states. Partaking in the annual Inter-Parliamentary Union’s hearing, Education as a Key to Peace and Sustainable Development: Toward the Implementation of SDG 4,’ members of the UAE’s Parliamentary Division ...

DUBAI / WAM Dubai Aerospace Enterprise (DAE) reported its financial results for full year 2019 on Wednesday, announcing a total revenue of $1,421.3 million and profit of $413.6 million. The company has $2,404 million liquidity available . HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of DAE, commented, “The growth of DAE in the last few years has boosted the ...

DUBAI / WAM The Islamic Affairs and Charitable Activities Department (IACAD) in Dubai recently launched a smart donation service at the Dubai mosques, which allows users to donate money by scanning QR codes through their phones, thus replacing traditional methods and procedures of donation. This is in line with the IACAD’s commitment to Article 9 of the 50-Year-Charter, and its ...