RAS AL KHAIMAH / Emirates Business SEED Agriculture, a leading innovator in agriculture methods and technology under Pegasus Food Futures, on Sunday signed an agreement with Ras Al Khaimah Economic Zone (Rakez) to acquire a total of 670,000 m2 land where it is set to establish the largest hydroponic farm in Ras Al Khaimah. The signing ceremony was held at ...
Read More »News
Waha Capital Q1 net profit up 22.6% to AED107mn
ABU DHABI / WAM Waha Capital PJSC reported a 22.6 percent rise in first quarter net profit to AED107 million, driven by a strong performance by the company’s asset management division and the disposal of 3.77 million shares in AerCap. Total income for the quarter ending March 31 increased 18.9 percent year on year to AED316.2 million. This was partly ...
Read More »UAE, Socotra: Two decades of development, assistance
Abu Dhabi / WAM The UAE has supported Yemen, especially the Socotra archipelago, for many years, as part of the directives of the late Sheikh Zayed bin Sultan Al Nahyan and President His Highness Sheikh Khalifa bin Zayed Al Nahyan. The UAE’s historic support for the Yemeni people reflects its commitment to unify the country and improve the conditions of ...
Read More »Yemeni forces liberate Hima Port with UAE army support
ADEN / WAM Yemen’s National Resistance Forces, backed by the UAE Armed Forces, have liberated Hima Port, situated north of Al Khawkha. This latest advance saw the collapse of Houthi militia capabilities. The Hima Port liberation is part of a large-scale military operation to dismantle Houthi militias, and liberate Yemeni cities.
Read More »Sheikh Mansour launches model for Adnoc’s expansion plans in Ruwais
Abu Dhabi / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, attended the Adnoc Downstream Investment Forum in Abu Dhabi on Sunday. The event brought together more than 40 leading global energy, petrochemical and other industry CEOs and 800 senior business leaders as ADNOC outlined its new downstream strategy and plans ...
Read More »Masdar helps generate FDIs to sustainable energy sector in UAE
Abu Dhabi / WAM Masdar has helped generate foreign direct investments (FDIs), to the sustainable energy sector in the UAE, by attracting the best organisations worldwide when it comes to sustainable products, Mohamed Jameel Al Ramahi, CEO of Masdar, told the Emirates News Agency (WAM). Al Ramahi made the remarks on the sidelines of the foundation stone-laying ceremony of Saint-Gobain’s ...
Read More »DEWA, GBCI partner to promote green buildings
Dubai / WAM The Dubai Electricity and Water Authority (DEWA), signed a Memorandum of Understanding (MoU), with Green Business Certification Inc. (GBCI), an independent organisation that recognises excellence in green business industry performance and practices globally, working in 160 countries. According to the MoU, the two organisations will collaborate in research and development, training, and promoting green buildings by applying ...
Read More »Cabinet OKs resolution on VAT refunds for exhibitions, conferences
Abu Dhabi / WAM The Cabinet approved a resolution pertaining to the Value Added Tax (VAT) for Conferences and Exhibitions, in line with the government’s ongoing efforts to support this sector and to enhance the country’s status as a hub for Meetings, Incentives, Conferences & Exhibitions (MICE). The resolution provides for granting the facilities involved in organising exhibitions and conferences ...
Read More »ADGM introduces fully digital, integrated online client portal
Abu Dhabi / WAM Abu Dhabi Global Market (ADGM), announced the official launch of ACCESSADGM, a fully digital, integrated online client portal that provides over 60 e-services related to visas, work permits, letters, event permits, mailboxes and much more. ACCESSADGM also allows guest users to register on the portal to request a subset of services such as permits for conducting ...
Read More »Fourth Mepra Leadership Majlis kicks-off
Abu Dhabi / WAM The Middle East Public Relations Association (Mepra), hosted the fourth Leadership Majlis on Sunday, the year’s major communications conference in Abu Dhabi. The 2018 edition brought together almost 200 industry professionals from more than 40 organisations, to uncover the industry’s biggest challenges trends and opportunities. Speakers included senior leaders from the National Media Council, PRWeek, Facebook, ...
Read More »