ABU DHABI/WAM Modon Holding PSC (Modon), an Abu Dhabi-based holding company, and Egypt’s Elsewedy Industrial Development have signed a letter of intent (LOI) to build and operate a new industrial zone servicing the Ras El Hekma city megaproject in Egypt. The 10 million sqm new industrial zone, located south of the Alexandria-Matrouh Highway and opposite the Ras El Hekma site ...
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MADRID/WAM Abu Dhabi Future Energy Company PJSC – Masdar announced on Thursday the investment through its subsidiary Saeta of one of the largest solar PV projects in Spain’s Valencia region, Valle Solar. This landmark project, initially promoted by the joint venture of Genia Solar Energy and Solar Ventures, is the next step in Masdar’s commitment to expansion in Spain, driving ...
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DUBAI/WAM Emaar Development shareholders approved the Board of Directors’ proposal to distribute a dividend of AED2.7 billion ($740 million), representing 68 percent of the share capital. The announcement came during the Emaar Annual General Meeting, where the Board of Directors reviewed the company’s financial performance for 2024 and discussed its future growth strategy. The board’s report on the company’s activities ...
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ABU DHABI/WAM EHC Investment, through its energy arm Emirates International Gas (EIG), has announced the full acquisition of Al Fanar Gas Group, Abu Dhabi’s largest gas distributor and maintenance provider and one of the most prominent gas service companies across the UAE. This strategic acquisition reinforces EHC’s long-term vision for growth, agility, and technological advancement, while strengthening its role in ...
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DUBAI/WAM The Ministry of Health and Prevention (MoHAP) has launched several initiatives over the course of the past year 2024 in collaboration with the World Health Organisation to support the National Programme to Combat Obesity and tackle childhood obesity. The ministry also signed a landmark agreement with a renowned company to develop the national scientific guide for obesity management and ...
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ABU DHABI/WAM The Department of Health – Abu Dhabi (DoH), the regulator of the healthcare sector in the emirate, is at the forefront of digital transformation, making significant strides in enhancing healthcare services and improving community well-being. With most healthcare services in Abu Dhabi digitalised, such as Sanadkom and the Sick Leave Attestation Service on TAMM, DoH is reshaping the ...
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ABU DHABI/WAM Embodying its unwavering commitment to social responsibility beyond aviation, Etihad Airways has launched a series of transformative community outreach initiatives in Sri Lanka. These efforts are a cornerstone of the airline’s broader Corporate Social Responsibility strategy dedicated to humanitarian aid, education, and community empowerment, fostering meaningful, sustainable change in the communities it serves. “Rooted in Etihad’s core values ...
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ABU DHABI/AD MEDIA OFFICE The Department of Community Development (DCD) – Abu Dhabi, has launched the Volunteer in 60 Seconds initiative in collaboration with the Volunteers.ae platform. This initiative is designed to enhance the efficiency of the volunteer journey in Abu Dhabi, encourage individuals to engage in volunteer work, and foster a culture of volunteerism. The initiative significantly reduces the ...
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DUBAI/WAM The Ministry of Human Resources and Emiratisation (MoHRE) is organising social and recreational events for workers during the Eid Al Fitr holiday under the slogan “Our Workers, the Pulse of Our Business” in 10 different locations across the UAE. The events are held in collaboration with the ministry’s partners, including the Ministry of Interior, the Federal Authority for Identity, ...
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ABU DHABI/WAM AD Ports Group on Thursday announced the signing of a 50- year agreement with Oylz Terminals, a UAE-based oil supply and distribution provider, to develop a world-class clean petroleum storage facility in Khalifa Port. The agreement will see Olyz Terminals develop a state-of-the-art 600,000 cbm tank storage facility at Khalifa Port Logistics Hub in two phases, further enhancing ...
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