Recent Posts

Major Dubai road project 75% complete, says RTA

  Dubai / WAM Dubai’s Roads and Transport Authority (RTA) has announced that the Sheikh Rashid bin Saeed Corridor Improvement Project is now 75 percent complete. The project extends 8 kilometres (km) along Ras Al Khor Road from the intersection of Dubai – Al Ain Road to the intersection of Sheikh Mohammed bin Zayed Road. Works include constructing bridges extending ...

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Suez Canal records highest daily traffic rate

  Dubai / WAM A record of 89 ships carrying a total net tonnage of 5.2 million tonnes passed through Egypt’s Suez Canal in both directions, the highest daily traffic rate in the international waterway’s history, stated Suez Canal Authority (SCA) Chairman Osama Rabie. 44 ships passed through the canal from the north with a net tonnage of three million ...

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EDB approves AED2.4b in finance during H1 2022

  Abu Dhabi / WAM Emirates Development Bank (EDB) held its board meeting to review results of the first half of 2022 and monitor the progress of its new strategy which was launched in April 2021 to support the UAE’s industrial development, accelerate the adoption of advanced technologies, and empower the growth of SMEs. The board meeting was held for ...

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