News

UAE’s Emirates Steel Arkan signs agreement with Oman’s AJSP 

ABU DHABI / WAM Emirates Steel Arkan (ESA) has signed a memorandum of understanding (MoU) with the Sultanate of Oman’s leading steel products manufacturer Al Jazeera Steel Product Company (AJSP) to establish a strategic framework for collaboration, further benefitting from joint product expertise and seizing new opportunities in the steel business ecosystem. This MoU comes at a time when AJSP ...

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Dewa receives Net-Zero statement of verification

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) has received the Net-Zero statement of verification and assurance certificate in recognition of its relentless efforts in climate action. This followed a comprehensive assessment conducted by W3 Solutionz – USA through CanaGulf International Standardisation, based on the International Workshop Agreement Guidelines IWA 42:2022. These were announced for the first time during ...

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Rakez empowers businesses through networking events

RAS AL KHAIMAH / WAM Ras Al Khaimah Economic Zone (Rakez) is committed to fostering connections and driving growth in the emirate. The economic zone regularly organises networking events across industries, recognising the power of working together in today’s ever-changing business landscape. These networking events serve as regular platforms for businesses to meet, exchange ideas, and unlock new possibilities. The ...

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UAE ministry concludes its participation in G20 Education Working Group meeting

ABU DHABI / WAM The Ministry of Education (MoE) concluded its participation in the G20 Education Working Group meeting, the premier forum for international economic cooperation. The meeting was hosted by the Republic of India under the theme “One Earth, One Family, One Future.” Dr Ahmad Belhoul Al Falasi, Minister of Education, and his accompanying delegation, participated in the Education ...

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Ethmar reports AED421m increase in net profit for H1

ABU DHABI / WAM Ethmar International Holding (EIH) has recorded significant profits in the first half of 2023 to bolster its position as a leading holding company, reporting an increase in net profit, reaching AED445 million at the end of the first half of the year 2023, compared to approximately AED24 million during the same period last year, an increase ...

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Sheikh Hamdan receives top-achieving high school students from Al Dhafra

AL DHAFRA / WAM HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, has received the top-achieving high school students from Al Dhafra Region for the 2022-2023 academic year. Sheikh Hamdan congratulated the students and their families for their achievements, emphasising the leadership’s focus on education and keenness to empower students to fulfil their potential and ...

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UAE President receives phone call from UN Secretary-General

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received a phone call from António Guterres, Secretary-General of the United Nations. Guterres expressed his appreciation for the UAE’s active contribution to progress in key regional and global areas. His Highness and the UN Secretary-General underscored the importance of the Black Sea Grain Initiative and reviewed ongoing ...

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UAE leaders congratulate President of Sao Tome and Principe on Independence Day

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Carlos Manuel Vila Nova of the Democratic Republic of Sao Tome and Principe, on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and ...

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Yahsat to invest $100m in 2023 in T4-NGS satellite programme

ABU DHABI / WAM Ali Al Hashemi, CEO of Yahsat Group, has announced that the company expects to allocate over $100 million this year for capital expenditures as part of the “T4-NGS” satellite programme. The programme, the next-generation telecommunications system for Thuraya, is scheduled to begin operational service in H1 2025 with a total cost of up to $550 million, ...

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