News

ABU DHABI / WAM  Abu Dhabi Future Energy Company (Masdar) has signed a Joint Development Agreement (JDA) with Uzbekistan’s Ministry of Energy (MoE) and the Ministry of Investments, Industry and Trade (MIIT) to develop over 2 gigawatts of solar and wind projects and 500 megawatt-hours of battery energy storage at multiple sites across the Central Asian country. The development represents ...

JEDDAH / WAM  On behalf of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Minister of the Presidential Court, led the UAE delegation participating in the 32nd Arab League Summit that began on Friday in Jeddah, Saudi Arabia. The opening ceremony was attended by ...

ABU DHABI / WAM  UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has directed that the Ministry of Community Development, in coordination with Etihad Water & Electricity, to support low-income farm owners. The Ministry of Community Development and Etihad Water & Electricity stated that a subsidy will be applied starting from July through a direct deduction from the ...

AJMAN / WAM The Ajman Department of Tourism Development signed a memorandum of understanding (MoU) with Thumbay Group which aims to establish a partnership between them to exchange knowledge and expertise to support medical tourism in the emirate of Ajman and reinforce its position as an ideal destination for wellness and therapy. The MoU was signed between Mahmood Khaleel Alhashmi, ...

FUJAIRAH / WAM National Bank of Fujairah (NBF) has received two awards at the MEA Finance Banking Technology Awards 2023. The awards won by NBF include “Best Innovation in Trade Finance” and “Most Innovative Trading Platform” for the second consecutive year. NBF’s success stems from its extensive banking experience and market expertise in Fujairah and the UAE, establishing its strong ...

ABU DHABI / WAM The Ministry of Finance (MoF) has called on the public to rely only on official publications and posts issued by MoF and the Federal Tax Authority (FTA) regarding the Federal Decree-Law No 47 of 2022 on the Taxation of Corporations and Businesses (the Corporate Tax Law) and the associated Cabinet and Ministerial Decisions. The ministry said ...

ABU DHABI / WAM The Ministry of Foreign Affairs and International Cooperation (MoFAIC) and Burjeel Holdings have signed a memorandum of understanding (MoU) regarding the provision of specialised healthcare services for MoFAIC employees and their families. This agreement spurs from the desire of both parties to consolidate areas of existing cooperation and communication and to benefit from various activities and ...

JEDDAH / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Minister of the Presidential Court, today arrived in Jeddah, leading the UAE delegation participating at the 32nd Arab League Summit. Upon his arrival at  Jeddah Airport, Sheikh Mansour and the accompanying delegation were received by Prince Bader bin Sultan bin Abdulaziz Al Saud, ...

ABU DHABI / WAM First Abu Dhabi Bank (FAB) showcased the UAE’s potential as an investment gateway for Chinese companies by hosting a China-Arab Entrepreneurs’ Summit in Abu Dhabi. The summit brought together over 60 Chinese entrepreneurs, executives, and government officials on Friday. Over the past decade, China has emerged as the Middle East’s largest trading partner, with investment and ...

ABU DHABI / WAM The Department of Culture and Tourism — Abu Dhabi (DCT Abu Dhabi) hosted a series of events in major cities across the GCC including Saudi Arabia, Kuwait, Qatar, Bahrain and Oman to launch the SeaWorld Yas island, and Experience Abu Dhabi’s “One Summer Isn’t Enough” offering, in partnership with 20 key stakeholders including hotels, city attractions ...