Abu Dhabi / WAM Masdar, the Abu Dhabi Future Energy Company, announced on Wednesday the installation of the first of 13 turbines at the 50 megawatt (MW) Dhofar Wind Farm. Located in the southern Omani governorate of Dhofar, the project is fully financed by Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid. The project ...

Abu Dhabi / WAM The Federal Tax Authority (FTA), announced the completion of all preparations required to implement its ‘Marking Tobacco and Tobacco Products’ scheme. Entering into effect on 1st January 2019, the scheme involves the electronic monitoring of all types of imported, produced and locally-traded cigarettes, from production to consumer, to ensure full compliance with payment of excise tax. ...

Dubai / WAM Etihad Credit Insurance (ECI), the UAE Federal export credit company, and the Ras Al Khaimah Chamber of Commerce and Industry, has signed a Memorandum of Understanding (MoU) to support the local business community, particularly those from the trade and export sectors. The MoU was signed by Mohammed Hassan Al Sabab, Acting Director-General of RAK Chamber, and Massimo ...