News

Abu Dhabi / Emirates Business Emirates Steel, the only integrated steel plant in the UAE and a subsidiary of the General Holding Corporation (Senaat), launched its fourth annual CSR initiative on the occasion of the Holy Month of Ramadan, titled ‘We Give You Smile’. As part of the company’s commitment to families and communities in the UAE, sixty volunteers from ...

Dubai / WAM Roads and Transport Authority (RTA), achieved electricity saving as much as 21.7 Gigawatt Hours (GWh), in 2018, which is a reduction of 9,340 tonnes of carbon emissions through replacement of conventional HID lamps by LED lighting units. RTA adopted a plan for harnessing the LED lighting units following a 50 percent saving generated by trial projects undertaken ...

Abu Dhabi / Emirates Business Ramadan is a month of spiritual reflection and a special time for family and friends to come together to strengthen their bonds. In keeping with the spirit of the holy month, Etisalat has introduced its Ramadan Bonus on Recharge promotion to enable its customers to spread joy, share Ramadan moments as and when they happen, ...

Dubai / Emirates Business Gulf Navigation Holding, the Dubai Financial Market listed maritime and shipping company, announced its financial results for the first quarter of 2019. During Q1 2019, the company achieved operating revenue of AED 45 million compared to AED 37.7 million during same period of 2018, a year-on-year increase of 19 percent. The company reported net loss of ...

YEMEN / WAM Since the start of the holy month of Ramadan, the UAE has distributed more than 80,000 Iftar meals in Yemen’s liberated governorates. A representative of the Emirates Red Crescent (ERC), in Yemen said that 15,000 Iftar meals were distributed in Aden; 2,000 in Lahej; 2,000 in Dhala; 2,000 Taiz; 2,000 in Abyan; 35,000 in the Red Sea ...

Dubai / WAM Etihad Credit Insurance has signed a Memorandum of Understanding with Abu Dhabi Commercial Bank (ADCB), to offer efficient customer service and innovative solutions that will help public institutions and local businesses raise their business profile thereby helping them cement their presence regionally as well as internationally. This alliance which focuses on encouraging and boosting UAE businesses by ...

Al Ain / Emirates Business Strata Manufacturing (Strata), the advanced composite aero structures manufacturing company wholly-owned by Mubadala Investment Company PJSC, has extended its agreement with Pilatus Aircraft Ltd to cover a new composite work package for the PC-24, a twin-engine business jet. The new agreement will see Strata manufacture PC-24 flap track fairings and comes exactly a year after ...

Abu Dhabi / WAM The United Arab Emirates has welcomed the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud’s call to the leaders of the Gulf Co-operation Council (GCC) and other Arab League states for two emergency summits in Makkah on May 30, on the critical circumstances the region is going through and their consequences on ...

Abu Dhabi / Emirates Business Jubail Island Investment Company (JIIC) announced the appointment of Gulf Contractors Company (GCC) to commence enabling works for the AED5 billion Jubail Island that was recently launched in Abu Dhabi. Enabling works are scheduled for completion in January 2020. Enabling works are generally associated with large-scale land development projects and entail major earthworks and grading ...

Dubai / WAM Enoc Group has signed an agreement with Moro, the Dubai government owned digital data hub, focused on providing digital transformation and operational innovation, to lead the digitalisation journey of Enoc’s operations. The digital transformation will be driven through an organisation-wide SAP system implementation and infrastructure hosting services by Moro and powered by Virtustream Cloud Technology over the ...