ABU DHABI / WAM The Emirates Nuclear Energy Corporation (Enec) is showcasing the vital role that “Net Zero Nuclear Energy†is playing in tackling climate change and rapidly decarbonising the power sector in the UAE, at CERAWeek, the world’s premier energy conference in Houston, US. With more than 7,600 delegates this year, CERAWeek is highlighting how electrification is a key ...
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e& sends AED20m worth of equipment to support Türkiye’s telecom sector
ABU DHABI / WAM etisalat by e& UAE has announced sending telecommunication equipment worth AED20 million as a humanitarian support to reconstruct Türkiye’s telecommunication infrastructure in earthquake-affected areas. This is a continuation of a previous initiative launched by the e& group, which affirms its keenness to participate in the “Gallant Knight / 2” campaign, initiated by President His Highness Sheikh ...
Read More »ALC launches initiative to establish ‘reading corners’
ABU DHABI / WAM The Abu Dhabi Arabic Language Centre (ALC), a part of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), has launched an initiative to establish “Reading Corners†at several cultural institutions across the UAE capital. The initiative was launched to mark the “National Reading Month†and aims to promote a culture of reading ...
Read More »Dubai WoodShow attracts more than 10,000 visitors
DUBAI / WAM The 19th edition of the Dubai International Wood and Woodworking Machinery Exhibition concluded, with 412 exhibiting companies from 42 countries, including the US, Russia, China, India, Portugal, France, Turkey, Panama, Jordan, Egypt, Saudi Arabia, and the UAE in attendance. The founders and top executives of participating companies emphasised the distinguished position of the Dubai WoodShow and its ...
Read More »Agthia affirms strategy to acquire, consolidate value accretive businesses
ABU DHABI / WAM Agthia Group has emphasised on its strategy to acquire and consolidate value accretive businesses while leveraging synergies and maintaining a profitable core. This came as the group announced results for the fiscal year ending on December 31 in a statement recently. According to the statement, the group’s gross profit increased 21% year-on-year to AED1.2 billion, with ...
Read More »Sharjah, Japanese entity ink deal to boost trade ties
SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) has signed a memorandum of understanding (MoU) with the Japan External Trade Organisation (Jetro) in Dubai, marking a significant milestone in their efforts to strengthen trade relations and develop mutual cooperation. The MoU was signed in the presence of various high-level officials and dignitaries, including Abdullah Sultan Al Owais, ...
Read More »Egypt, UAE to jointly support global climate action at COP28: Minister
CAIRO / WAM Sameh Shoukry, Egyptian Minister of Foreign Affairs, highlighted his country’s willingness to continue working closely with the UAE during its COP28 presidency. He also stressed the importance of maintaining the commitment of developed countries to their financing pledges, as well as accelerating the reforms of international financing institutions and multilateral development banks to finance the efforts aimed ...
Read More »Al Ansari Exchange to float 10% in Dubai IPO
DUBAI / WAM Al Ansari Financial on Thursday announced its intention to proceed with an initial public offering (IPO) and to list its ordinary shares for trading on the Dubai Financial Market (DFM). In a press statement, Al Ansari said that 750,000,000 (seven hundred and fifty million) shares, each with a nominal value of AED0.01 (one fils) will be made ...
Read More »Abu Dhabi adds Tesla to its taxi fleet to boost sustainability
ABU DHABI / WAM The Integrated Transport Centre (ITC) of the Department of Municipalities and Transport in Abu Dhabi has announced the launch of a number of Tesla electric vehicles in cooperation with Arabia Taxi Transportation to support the fleet of environmentally friendly taxis. ITC aims to establish an integrated, clean and sustainable transport environment, keeping pace with developments in ...
Read More »FATF accredits Emirati Waleed Al Hosani as assessor
ABU DHABI / WAM The Financial Action Task Force (FATF) accredited the Emirati international expert, Dr Waleed Al Hosani, advisor to the Chairman of the National Committee for Combating Money Laundering and Financing of Terrorism and Illegal Organisations, as assessor in current fourth round of assessment of the systems of member countries in the field of combating money laundering and ...
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