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Fujairah Foundation, Ministry of Infrastructure tie up for joint projects

  Fujairah / WAM The Fujairah Foundation for Regions Development and the Ministry of Infrastructure Development (MoID) on Wednesday signed a memorandum of understanding (MoU) for partnership and co-operation to ensure maintenance of citizens’ homes and to carry out joint projects. The MoU was signed by Saeed Mohammed Al Raqbani, Deputy Chairman of the foundation’s Board, and Zahra Al Abboudi, ...

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DEWA new substation to meet rising power demand

  DUBAI / WAM Dubai Electricity and Water Authority (DEWA), in collaboration with Meraas Holding, inaugurated a new 132/11 kV substation with a total capacity of 150 Megavolt Amperes at Al Quoz 4, to meet the increasing demand for electricity. Commenting on the announcement, Saeed Mohammed Al Tayer, MD and CEO of DEWA, said, “We strive to enhance infrastructure and ...

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UAE non-oil private industry maintain growth momentum

  DUBAI / WAM Growth momentum in the UAE’s private sector non-oil activity continued to strengthen in December 2016, driven by improving economic conditions, according to Emirates NBD. Output rose at the “sharpest” pace to a 16-month high on back of new orders backed by growth of new export businesses, the bank’s latest purchasing managers’ index (PMI) revealed on Wednesday. ...

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