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UAE economy to grow by 5% this year: UBS

Abu Dhabi / WAM Michael Bolliger, Chief Investment Officer Emerging Markets at UBS Global Wealth Management, has stated that he expects the UAE’s economy to grow by over five percent in 2022. In an interview with the Emirates News Agency (WAM), Bollinger said that the UAE’s economy grew by 3.8 percent in 2021, due to appropriate government incentives and plans ...

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Abu Dhabi’s Tadweer, KEO sign deal for waste-to-energy project

  Abu Dhabi / WAM Abu Dhabi Waste Management Centre (Tadweer) signed a consultancy agreement with KEO International Consultants to conduct a feasibility study for developing a project on extracting greenhouse gases from Al Dhafra landfill and converting them into environmentally-friendly energy. This aligns with the centre’s plan to achieve an efficient waste management system and use the best methods ...

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Private sector in UAE rise 9% in Q2 2022

Dubai / WAM The number of UAE-based private sector employees increased by nine percent in Q2, 2022, compared to the same period last year, the Ministry of Human Resources and Emiratisation (MoHRE) said on Wednesday in its private sector workforce report. The number of private sector employees registered in MoHRE’s database by the end of Q2 totalled 5,376,842, it added. ...

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