News

Empower’s total electricity savings valued at AED2.8bn

DUBAI / WAM Emirates Central Cooling Systems Corporation (Empower) achieved a total electricity savings of 1072 MW in 2017, valued at AED2.8 billion. District Cooling saves approximately 50% of power used for cooling, compared to conventional cooling systems, according to a study conducted by the United Nations Energy Efficiency Initiatives. This makes district cooling one of the top energy-efficient and ...

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Azizi awards contracts worth AED1.5bn for new Dubai project

Dubai / Emirates Business Azizi Developments, one of the leading private developers in the UAE, has awarded two contracts worth AED1.5 billion for the construction of Phase 1 of Azizi Victoria, which will commence immediately. Two contractors have been appointed to build 32 buildings with 4,000 units. Green Modelling Contracting has been appointed to construct 16 buildings and Modern Civil ...

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Emirati children are real wealth of country’s promising future

Abu Dhabi / WAM Reem Abdullah Al Falasi, Secretary-General of the Supreme Council for Motherhood and Childhood (SCMC), said that the majority of the programmes and plans of the Council for children are aimed at creating a suitable environment to raise them on the correct values and principles, preparing them for the future. In a statement marking the UAE’s celebration ...

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UAE clears 20,000 landmines in eight months across Yemen

Mocha / WAM The Iranian-backed Houthi militias’ use of banned anti-personnel landmines in Yemen has triggered thousands of civilian casualties, wanton violence and bloodshed, a three-month field investigation by the Emirates News Agency, (WAM), revealed. The Houthi forces have used landmines since the pro-legitimacy Saudi-led Arab coalition started its military operations to liberate the country from the coup perpetrators, killing, ...

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‘Political solution only way to stop bloodshed in Syria’

Geneva / WAM The UAE has reiterated its firm belief that a political solution is the only way to stop the bloodshed, restore security and stability, and end the conflict in Syria, during the Human Rights Council session in Geneva. The statement was delivered by Fatma Ahmed Al Muhairi, Third Secretary at the UAE Diplomatic Mission in Geneva, as part ...

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Sharia-compliant Noor Bank gets FCI membership

Dubai / Emirates Business Noor Bank, a leading Shari’a compliant bank in the UAE, is the first Islamic bank to have successfully obtained associate membership of FCI, a global representative of the factoring and receivables finance industry. This significant membership will enable Noor Bank to leverage the FCI network in more than 90 countries to offer export and import factoring ...

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DEWA plans world’s 1st automated renewable energy digital utility

Dubai / WAM The world’s first automated, artificial-intelligence-powered renewable energy digital utility is set to be established in Dubai. The utility is proposed by the Dubai Electricity and Water Authority (DEWA), for the Dubai 10X Initiative, an ambitious venture overseen by the Dubai Future Foundation (DFF). The “Digital DEWA” project – the Authority’s digital arm – re-imagines operational procedures for ...

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Dubai issued 1,646 new business licences in Feb

Dubai / WAM The Department of Economic Development (DED), has issued 1,646 new business licences during February 2018 and completed 23,407 business registration and licencing transactions, as Dubai maintained its ability to attract businesses looking to grow competitively and sustainably. Of the total, 11,300 transactions were related to renewals while 2,060 Initial Approvals were given and 3,029 trade names reserved ...

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SEWA, GE discuss potential projects

SHARJAH / WAM Sharjah Water and Electricity Authority (SEWA), hosted on Wednesday a high-level delegation from General Electric Power (GE Power), to discuss potential projects to strengthen Sharjah’s power sector in line with the SEWA’s Vision 2020 and the UAE Energy Plan 2050 aimed at driving a culture of innovation, sustainability, cutting carbon dioxide emissions, increasing clean energy and strengthen ...

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