News

ABU DHABI/ WAM Aldar Properties (“Aldar”) has announced the awarding of 49 contracts, totalling AED22 billion, for a series of projects, including infrastructure, residential, commercial, and mixed-use developments across Abu Dhabi in 2023. The contracts were awarded to 36 UAE-based companies with almost 50% of the value – AED 10.5 billion – being recirculated to the local economy, in line ...

DUBAI / WAM Dubatt Battery Recycling’s fully integrated battery recycling plant — the first of its kind in the UAE — has been formally inaugurated at Dubai Industrial City, part of TECOM Group PJSC. Present at the inauguration were Abdullah bin Touq Al Marri, Minister of Economy; Dr Amna bint Abdullah Al Dahak Al Shamsi, Minister of Climate Change and ...

ABU DHABI / WAM The Zayed Charitable and Humanitarian Foundation announced the distribution of 20,000 winter kits to 13 countries around the world. This initiative, part of their “Winter Bag” programme, aims to ease the burden of winter for low-income families globally. This year’s programme encompasses diverse countries across regions, including Jordan, Morocco, Egypt, Iraq, Pakistan, Chad, Ethiopia, Kosovo, Albania, ...

ABU DHABI / WAM Adnoc Distribution on Wednesday reported robust results for 2023, recording a 4.6% year-on-year growth in earnings before interest, tax, depreciation and amortisation (EBITDA) to $1.002 billion (AED3.68 billion). With this, the Company has successfully delivered on the five-year target it communicated to the market during its first Capital Markets Day in May 2019. In addition, the ...

DUBAI / WAM The World Governments Summit (WGS) has consistently addressed the need for proactive digital adaptation by governments and institutions to build dynamic and efficient institutions that drive a brighter future for societies by embracing digital solutions, artificial intelligence (AI), and data-driven approaches. This proactive stance helps avoid being left behind in a rapidly changing global landscape. Each WGS ...

SHARJAH / WAM HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued Administrative Resolution No (2) of 2024 concerning amendments to fishing regulations in Kalba. The decision stipulated that fishermen in Kalba are allowed to only pass through the prohibited areas to reach the fishing areas, making it easier for them to ...

DUBAI / WAM Dubai welcomed more tourists than ever before in 2023, attracting 17.15 million international overnight visitors over the course of the year, according to the latest data published by Dubai’s Department of Economy and Tourism (DET). Representing a 19.4% YoY growth over the 14.36 million tourist arrivals in 2022, last year’s figure also exceeded the previous record of ...

ABU DHABI / WAM The ninth edition of the GovTech Prize 2024, part of the World Governments Summit (WGS), presents a unique model that celebrates the contributions of technology pioneers in providing service solutions that anticipate future challenges and enhance the quality of human life. The prize, managed by the Emirates Government Service Excellence Programme (EGSEP) at the UAE Prime ...

ABU DHABI / WAM The Environment Agency – Abu Dhabi (EAD) hosted its annual stakeholder forum, celebrating its achievements in the field of environmental preservation while acknowledging its fruitful cooperation with key partners that helped strengthen Abu Dhabi’s global environmental conservation leadership. The forum was attended by Dr Shaikha Salem Al Dhaheri, Secretary-General of EAD, alongside a number of dignitaries, ...

ABU DHABI / WAM The General Pension and Social Security Authority (GPSSA) announced that the Social Protection Fund in Oman has made revisions to the contribution rates for Omani citizens employed in the UAE and covered by the unified extension protection system. As of January 1, the new contribution rate for Omanis covered by the extension protection system has become ...