News

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has said that providing a high quality of life for citizens is a key priority for the government. The government seeks to develop projects and find creative solutions for achieving the strategic objective of ensuring sustainability and providing ...

DUBAI / WAM A Smart Grid Station (SGS), has been inaugurated in Al Ruwayyah, Dubai on Sunday, by His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, The construction of the new station is part of Dubai Electricity and Water Authority’s (Dewa), efforts to implement technologies which link smart buildings for the exchange ...

Abu Dhabi / WAM An Arabic language edition of “Before the Oil: A Personal Memoir of Abu Dhabi, 1954-1958”, a book that provides invaluable insights into the UAE’s capital before the beginnings of oil-fuelled development, has been published. The author, the late Susan Hillyard, was the wife of the local representative of Petroleum Development (Trucial Coast), which then held the ...

Dubai / WAM Strategic partnership and security cooperation are the main UK themes as over 100 UK security, fire and safety companies exhibit a range of world leading capabilities at Intersec 2019, which began on Sunday in Dubai. This significant UK presence reflects the strong commitment to future security cooperation and partnership between the UK and the UAE. A press ...

Dubai / WAM Dubai Financial Market (DFM), on Sunday announced that it has won the ‘Excellence Award’ from the European Foundation for Quality Management (EFQM). The award – a first of its kind amongst regional exchanges – underpins DFM’s journey of business excellence and quality throughout its history. The DFM won the five-star “Recognised for Excellence” award from the first application following ...

HODEIDAH / WAM The Emirates Red Crescent (ERC), inaugurated its fourth free mobile clinic along Yemen’s Red Sea Coast. The mobile clinics have treated over 18,000 Yemenis, including children, women and the elderly. Dr. Moustafa Al Kazmi, Head of the Medical Team, stated that the clinics in Al Ghuwairiq, At Tuhayat District, have treated over 80 medical cases, while noting ...

Abu Dhabi / Emirates Business Abu Dhabi National Exhibitions Company (Adnec) revealed a new experience in the meeting and conference sector – The Hive. Offering 865 square metres of versatile space, the venue was designed as not just a space for hire but one that enhances the benefits of face-to-face engagement for its clients. Humaid Matar Al Dhaheri, Group CEO ...

Bloomberg Global oil demand remains on course to be stronger this year than in 2018 as a boost from lower fuel prices counters slowing economic activity, according to the International Energy Agency (IEA). “We have seen prices fall very significantly since the peak at the beginning of October, and that is providing some relief to consumers,” Neil Atkinson, head of ...

Bloomberg Saudi Arabia is in talks to build an oil refinery in South Africa as part of a pledge to invest as much as $10 billion in Africa’s most developed economy. Joint studies for a refinery and petrochemical complex will be conducted by state oil giant Saudi Aramco and South Africa’s Central Energy Fund, energy ministers from the two countries ...

Bloomberg Oil explorers still reeling from the late-2018 price collapse shut down drilling rigs in the biggest US field and elsewhere at the fastest pace in almost three years. The number of working oil rigs plunged by 21 this week to 852, the lowest since late May, according to data released by oilfield-services provider Baker Hughes. A 26 percent surge ...