News

Dubai / WAM Saeed Mohammed Al Tayer, Managing Director and CEO of the Dubai Electricity and Water Authority (DEWA), received a senior delegation from General Electric (GE). The meeting is part of DEWA’s keenness to enhance cooperation with international companies in order to share best practices and developments in the energy sector, particularly in clean and renewable energy The delegation ...

Abu Dhabi / WAM The Mohamed bin Zayed Species Conservation Fund (MBZ), is to support research into a reassessment of the conservation status of the Mountain Cinnamon, Cinnamodendron corticosum, a flowering plant native to the rainforest of Jamaica, it has been announced. Classified as ‘Vulnerable’ on the Red Data list of the International Union for the Conservation of Nature (IUCN), ...

Dubai / WAM Dubai Financial Market (DFM), announced issuing two new regulations that pave the way for market participants to implement both repurchase agreements, Repo, and Islamic Murabaha transactions, in conjunction with the approval given by the Securities and Commodities Authority (SCA). The regulations have been outlined in line with the international best practices as well as in full coordination ...

Dubai / WAM The Federal Tax Authority (FTA), closed three commercial establishments for violating its excise tax laws, after an inspection campaign in cooperation with the Department of Economic Development of Dubai, (DED), as part of their joint efforts to limit tax violations. The FTA and the DED investigated cases of tax evasion by commercial businesses after a date was ...

Abu Dhabi / Emirates Business The Emirates Nuclear Energy Corporation (ENEC), sponsored and partnered with the Al Dhafra Festival, taking place in Madinat Zayed, in the Al Dhafra Region of Abu Dhabi, until December 28. The initiative is part of ENEC’s continued efforts to support the economic and social development of the Al Dhafra Region and the achievement of the ...

ABU DHABI / WAM The opening of Louvre Abu Dhabi on Saadiyat Island and the hosting of the Formula 1 Etihad Airways Abu Dhabi Grand Prix contributed to a dramatic surge in hotel guests staying in the emirate during November. The month saw a 16% rise in guests staying in the emirate’s 162 hotels and hotel apartments compared to the ...

Abu Dhabi / Emirates Business Etisalat on Monday announced the revamp of its roaming packs for both prepaid and postpaid customers to give them flexibility and more affordable choices of tailored plans to stay connected with their family and friends while travelling outside the country. The new roaming packs will offer a worry free experience to customers traveling abroad in ...

ABU DHABI / Emirates Business The National Health Insurance Company – Daman will begin replacing cash payments with the e-Dirham service across all its branches and service points from January 2018. The move comes after six months of thorough testing and is part of Daman’s efforts to digitalise services and simplify customer transactions, making their experiences more efficient, secure and ...

Abu Dhabi / WAM Abu Dhabi University (ADU) signed a memorandum of understanding (MoU) with the Arts, Sciences and Technology University in Lebanon (AUL) to offer exchange programs, training initiatives, as well as knowledge sharing platforms to students of both institutions. Dr Waqar Ahmad, Abu Dhabi University’s Interim Chancellor and Dr Adnan Hamza, Director of AUL, signed the three-year renewable ...

Dubai / WAM The Roads and Transport Authority (RTA), organised an awareness workshop for examiners at vehicle technical testing centres to educate attendees about standards and procedures that have to be observed in this vital field. Mohammed Nabhan, Director of Monitoring and Enforcement, RTA Licensing Agency, said, “The workshop was held over two days in the presence of all parties ...