Recent Posts

Fares buys 50% shares of Tawseel Delivery Services

SHARJAH / WAM The UAE-based, Fares Foundation for General Trading, which specialises in logistics and distribution through land, air and sea, has acquired 50 percent shares of Tawseel Delivery Services, a Sharjah-based food delivery service. As per the acquisition agreement signed by the two parties, Fares will increase the number of its fleet of delivery vehicles, enabling Tawseel to provide ...

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Dubai Customs, South Korea explore fostering business

DUBAI / WAM The Director of Dubai Customs, Ahmed Mahboob Musabih, has received the newly appointed South Korean Consul General, Jion Yung Wok, where the two sides discussed means to enhance cooperation and promote trade and investment. During the meeting, Musabih reaffirmed importance of enhancing cooperation with the South Korean diplomatic mission, business council and Korean companies. Dubai non-oil external ...

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Dewa to award AED11bn power project contracts in next 3 years

DUBAI / WAM The Dubai Electricity and Water Authority (Dewa) has awarded the contract for the construction of electricity transmission projects, worth AED1.05 billion, including a 400/132kV substations, two 132/11 kV substations, and 75km of 132kV ground cables. This is part of Dewa’s efforts to support and upgrade the capacity and efficiency of electricity transmission networks. Dewa Managing Director and ...

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