News

Dubai / WAM Dubai Electricity and Water Authority (Dewa) and Enoc have signed a memorandum of understanding (MoU) to conduct a feasibility study for the establishment, development, and operation of a joint pilot project for the use of hydrogen in mobility. The MoU was signed at the World Government Summit 2023 in the presence of in the presence of HH ...

  Abu Dhabi / WAM Adnec group, in cooperation with the Ministry of Defence, has announced the launch of Idex Next Gen for the first time during the 16th edition of Idex 2023 and the 7th edition of Navdex 2023. The exhibitions will be held under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan from February ...

  Dubai / WAM Dubai Islamic Bank (DIB) has successfully priced its second Sustainable Sukuk – a landmark $1 billion 5.5-year senior issue with a profit rate of 4.80 percent per annum, representing a spread of 102.4 bps over 5-Year US Treasuries. The sukuk was issued in line with DIB’s Sustainable Finance Framework, which was created to facilitate financing of ...

Dubai / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan met a number of world leaders, officials and heads of delegations participating in the World Government Summit (WGS) 2023, which kicked off on Monday in Dubai. His Highness Sheikh Mohamed held separate meetings with HH Sheikh Ahmad Nawaf Al Ahmad Al Sabah, Prime Minister of Kuwait; Maeen Abdulmalik ...

  Dubai / WAM Emirates Central Cooling Systems Corporation (Empower) announced its financial results for the fiscal year 2022, with a total revenue of AED2.8 billion, and with a remarkable growth of 13.3 percent compared to 2021. The company has recorded a net profit of AED1.001 billion, representing an increase of 7 percent compared to the previous year. The company ...

AhramanmaraÅŸ, Türkiye / WAM The UAE’s humanity is a rich legacy inherited from generation to generation. The country has always proved that humanity is action, not words, which has transformed tragedies and sufferings of people in many parts of the world into joy and happiness. With the launch of Operation “Gallant Knight / 2” under the directives of the wise ...

  Ras Al Khaimah / Gulf Time Under the patronage and presence of Sheikh Mohammed bin Kayed Al Qasimi, Chairman of the Department of Economic Development in Ras Al Khaimah, and in the presence of media professionals and senior guests, the new branch of Jawhara Jewellery was opened in Manar mall in Ras Al Khaimah. With this, Jawhara reaches 90 ...

  Abu Dhabi / WAM The Abu Dhabi Police (AD Police) has launched a new recording studio as part of its Security Media Department, Command Affairs Sector, to coincide with World Radio Day observed on February 13. The aim of the studio is to improve audio communications with the community and increase awareness of various police and security matters. Major ...

  Abu Dhabi / Gulf Time The curtain fell on the fifth and final round of the UAE International Jet Ski Championship held on Abu Dhabi’s breakwater. The championship witnessed the participation of 60 competitors, representing the UAE, Bahrain, Saudi Arabia, Kuwait, Qatar, Japan, Morocco, Jordan, Palestine and Hungary, who took part in 11 racing categories. The first place in ...

Bloomberg Toyota Motor Corp unveiled several changes to its senior management as Koji Sato prepares to take over as chief executive officer, seeking to improve the carmaker’s strategy and messaging in the shift to an electric future and to take on Tesla Inc. Hiroki Nakajima becomes chief technology officer and Yoichi Miyazaki will be chief financial officer from April 1, ...