Dubai / WAM Dubai has cemented its first place for a second consecutive year in the region, ranking second globally in the Top City Destinations Index 2022 of Euromonitor. The UK-based market research company in its latest rankings has uncovered the top city performers for economic and business activity, with thriving tourism infrastructure and performance that show great potential ...
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UAE’s Amea Power to build solar project in South Africa
Dubai / WAM Amea Power announced on Thursday that it has been awarded a 120 megawatts (MW) solar photovoltaic (PV) project in South Africa as part of the sixth bid submission phase of the renewable energy independent power producer procurement (REIPPP) Programme. The Doornhoek PV project will sell electricity to the state utility, Eskom, under a 20-year power purchase ...
Read More »UAE businesses gear up to align with COP28 objectives
Dubai / WAM Dubai Chambers on Thursday organised a meeting to bring the COP28 UAE Presidency and Dubai’s business community together to discuss how the private sector can engage and benefit from the journey towards COP28. The meeting reaffirmed that businesses across all sectors must revisit their business models and restructure it to support sustainable development. The event also ...
Read More »UAE, Bahrain non-oil trade grows by 92% in 10 years
Abu Dhabi / WAM The non-oil trade exchange between the UAE and Bahrain over the past 10 years increased by over 92 percent, totalling AED23.7 billion compared to AED12.3 billion in 2012, according to recent data issued by the Federal Competitiveness and Statistics Centre (FCSC), Their total non-oil trade exchange during the same period also amounted to AED188 billion, ...
Read More »ECI, Rakez join hands to boost Ras Al Khaimah’s non-oil trade
Dubai / WAM Etihad Credit Insurance (ECI), the UAE Federal export credit company, has signed a memorandum of understanding (MoU) with Ras Al Khaimah Economic Zone (Rakez) to support the emirate’s path towards economic diversification by stimulating its non-oil foreign trade. The MoU came as part of ECI’s continuing effort to support Ras Al Khaimah’s strategy to boost its burgeoning ...
Read More »Abu Dhabi SME Hub to empower entrepreneurs
Abu Dhabi / WAM The Abu Dhabi SME Hub, the interactive knowledge platform launched in 2021 as a public-private partnership initiative, has expanded its offerings to empower mSMEs and startups to drive the growth of this vital sector and contribute positively to sustainable development. The platform is a collaboration between the Abu Dhabi Department of Economic Development (Added), Khalifa ...
Read More »Etihad Airways doubles trips to New York
Abu Dhabi / WAM Etihad Airways has announced double-daily flight on its popular New York route, making travel between the US and the UAE more convenient. From April 24, 2023, the airline will fly twice a day, seven days a week, on the Abu Dhabi — New York route, providing a total of 14 weekly nonstop services to John ...
Read More »ECI, Rakez partner to bolster Ras Al Khaimah’s non-oil trade
Dubai / WAM Etihad Credit Insurance (ECI), the UAE Federal export credit company, has signed a memorandum of understanding (MoU) with Ras Al Khaimah Economic Zone (Rakez) to support the emirate’s path towards economic diversification by stimulating its non-oil foreign trade. The MoU came as part of ECI’s continuing effort to support Ras Al Khaimah’s strategy to boost its ...
Read More »UAE participates in first G20 Finance and Central Bank Deputies meeting
Abu Dhabi / WAM The UAE participated in the first G20 Finance and Central Bank Deputies meeting. Held for the first time under India’s G20 presidency in Bengaluru, the meeting sought to discuss the G20 priorities set by the Indian presidency and the finance track agenda for 2023. Ebrahim Al Zaabi, Assistant Governor for Monetary Policy and Financial Stability ...
Read More »Sharjah Press Club wins Kuwait creativity award
Sharjah / WAM The Sharjah Press Club (SPC) of the Sharjah Government Media Bureau (SGMB) has won the Kuwait Award for Creativity for its Ithmaar annual media training initiative, during the award’s 10th edition held in Kuwait. The Ithmaar initiative targets students aged between 10 and 17 to promote media awareness in the younger generation and introduce them to ...
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