DUBAI / WAM His Highness Lt General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, has inaugurated the Civil Defence Reading Room at the General Directorate of Civil Defence in Dubai. This pioneering facility, leveraging artificial intelligence (AI) concepts and programmes, stands as the first of its kind in the region. The event was ...
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Taqa, Engie and Ewec close on AED2.3b funding for RO plant
ABU DHABI / WAM Abu Dhabi National Energy Company (Taqa) alongside Engie, a global leader in low-carbon energy solutions, and Ewec (Emirates Water and Electricity Company), announced the successful financial closing of the AED2.3 billion ($620 million) low carbon Mirfa 2 Reverse Osmosis (M2 RO) desalination project. The project is primarily funded (78%) through debt financing from both local and ...
Read More »Ajman Crown Prince receives ambassador of Senegal
AJMAN / WAM HH Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman, received on Wednesday at the Ruler’s Court, Babacar Matar Ndiaye, ambassador of Senegal to the UAE, to discuss bilateral cooperation. The meeting touched upon ways of strengthening UAE-Senegal ties in various areas for the benefit of the two friendly peoples. The ambassador commended the UAE’s general development ...
Read More »Deal inked to build 1742 villas for Emiratis in Abu Dhabi
ABU DHABI / GULF TIME Q Holding Group signed two important agreements with Trojan General Contracting, one of the leading local contracting and development companies, to design and build 1,742 villas for Emiratis in Al Samha and West Baniyas region of Abu Dhabi for Q Holding. The agreements follow the partnership between Q Holding and Abu Dhabi Housing Authority to ...
Read More »Hamdan bin Mohammed visits Thukhor Social Club for senior citizens
DUBAI / WAM H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, accompanied by H.H. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai, on Tuesday visited Thukhor Social Club, an initiative of the Higher Committee for Development and Citizens Affairs, located at Al ...
Read More »UAE positions itself as global tourism hub: Deutsche Hospitality
ABU DHABI / WAM Siegfried Nierhaus, Vice President Middle East, Deutsche Hospitality, affirmed that the UAE has positioned itself as a key player in the GCC hospitality and leisure sectors, quickly becoming a global hub for the tourism industry and hotel developments. “The UAE’s innovative forward-thinking and adaptability have resulted in a significant influx of international tourists due to its ...
Read More »DIFC, Standard Chartered to advance treasury excellence
DUBAI / WAM Standard Chartered announced on Tuesday its exclusive partnership of the DIFC Treasury Leadership Forum, marking a new milestone in the collaboration between Standard Chartered and Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (Measa) region. Organised by DIFC, the forum will bring together senior treasurers from leading ...
Read More »UAE central bank, Hong Kong’s HKMA strengthen financial ties
ABU DHABI / WAM The Central Bank of the United Arab Emirates (CBUAE) and the Hong Kong Monetary Authority (HKMA) held a bilateral meeting in Abu Dhabi to enhance collaboration between the financial services sectors of the two jurisdictions. During the meeting, the CBUAE and the HKMA discussed a number of collaborative initiatives and agreed to strengthen cooperation in three ...
Read More »UAE’s healthcare sector leads regionally and globally in 2023: Report
ABU DHABI / WAM The UAE’s healthcare sector is continuing to excel and lead regionally and globally in 2023 in terms of medical services and scientific achievements, reaffirming its readiness to face all health challenges, and in line with the best international standards. According to the Prosperity Index report by the Legatum Institute, the UAE ranked first in three key ...
Read More »Menafatf upgrades UAE’s ratings for Financial Action Task Force proposal
MANAMA / WAM Menafatf, the Financial Action Task Force (FATF)-Style Regional Body, adopted its FATF Recommendations ratings for the United Arab Emirates at the closing of its May plenary in recognition of its efforts to combat money laundering and terrorism financing. Recommendations (1), (19), and (29) have been upgraded to “Compliant†or “Largely Compliant†in response to the positive measures ...
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