News

Mohammed issues law on ‘law enforcement capacity’

DUBAI / WAM In his capacity as Ruler of Dubai, the Vice President and Prime Minister of the UAE, His Highness Sheikh Mohammed bin Rashid Al Maktoum, issued Law No. (8) of the year 2016 regulating the granting of law enforcement capacity in the emirate of Dubai. The law will ensure proper implementation of legislations by those granted law enforcement ...

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VP appoints new FAD director-general

  ABU DHABI / WAM Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, in his capacity as Ruler of Dubai, issued Decree No. 20/2016 appointing Abdullah Mohammed Saeed Ghobash as Director-General of Dubai’s Financial Audit Department (FAD). The decree is effective from the date of issuance and will be ...

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TAQA issues 5-yr, 10-yr bonds

  ABU DHABI / WAM The Abu Dhabi National Energy Company, TAQA, finalised the issuance of US$500 million 3.625% senior notes due in June 2021 and US$500 million 4.375% senior notes due in June 2026. The proceeds of this issuance will be used for general corporate purposes and to pay back the US$1 billion bond maturing in October 2016. The ...

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MBRCGI signs pact with DEWA to implement Taqat energy plan

  Abu Dhabi / WAM The Mohammed Bin Rashid Centre for Government Innovation (MBRCGI) signed a Memorandum of Understanding (MoU) with Dubai Electricity and Water Authority (DEWA) to implement projects designed by a group of MBRCGI graduates under the Taqat energy project that employs solar energy and kinetic energy to generate electricity. The MoU, signed by Ohood bint Khalfan Al Roumi, ...

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Hazza attends Ramadan forum

  Abu Dhabi / WAM HH Sheikh Hazza bin Zayed Al Nahyan, Vice Chairman of the Abu Dhabi Executive Council attended a Ramadan forum organised by the General Secretariat of the Executive Council for Abu Dhabi Government entities and departments’ employees to shed light on developments of Abu Dhabi Plan. Held at the Abu Dhabi National Exhibition Centre, the event was ...

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ADDED, ADU to boost technical studies

  Abu Dhabi / WAM The Department of Economic Development – Abu Dhabi (ADDED) signed a cooperation agreement with the Abu Dhabi University (ADU) to boost mutual cooperation and joint coordination in preparing technical studies, scientific research and programmes and plans that would support the private sector. The parties will provide training and rehabilitation programmes, encourage innovation initiatives, and capitalise on ...

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NIMR marks completion of its 1,000th vehicle

  Abu Dhabi / WAM NIMR Automotive, the defence vehicle manufacturer in Abu Dhabi, achieved an important milestone in its history with the 1,000th vehicle completed in its production facility at Tawazun Industrial Park in Ajban, since commencing operation in 2014. NIMR’s 1,000th vehicle produced is the AJBAN 440A, a 4×4 ballistic and blast protected Light Tactical Protected Patrol Vehicle for ...

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DP World signs up as official partner of Expo 2020

  Dubai / WAM HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority, Chairman of Emirates Group, and Chairman of the Expo 2020 Dubai Higher Committee, witnessed the signing of an agreement making DP World the ‘Premier Global Trade Partner’ of Expo 2020 Dubai, the third premier partner to be announced to date. Reem bint Ibrahim Al ...

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Nation churns out ‘sustainable’ savings

  Ritika Sharma / Emirates Business UAE has been on the forefront in finding solutions to environmental issues. Experts say that apart from creating a sustainable environment, various projects of agencies like IRENA and Masdar can significantly contribute economic benefits as well. Energy-efficient initiatives are capable of saving millions of AED, they vouch. Notably, UAE is right on the track ...

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Aldar generates AED 1billion from Yas Acres

  ABU DHABI / Emirates Business Aldar Properties PJSC (‘Aldar’), Abu Dhabi’s leading listed property development, investment and management company, has announced that it has sold out the first phase of 267 units at Yas Acres, generating AED 1 billion in sales. As a result of this strong demand for villas on Yas Island, the second phase of units within ...

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