Recent Posts

Foreign direct investments in UAE rise 116% in past decade

  ABU DHABI / WAM Foreign direct investments (FDI) in the UAE witnessed significant growth in recent years, despite the challenges posed by the Covid-19 pandemic. According to a report by the Ministry of Economy, during the past decade from 2012 to 2021, FDIs in the country increased by 116 percent, amounting to $20.667 billion in 2021 compared to $9.566 ...

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Masdar inks deal to develop 2GW renewables project in Tanzania

  DAR ES SALAAM / TANZANIA /WAM Masdar announced that it has signed an agreement with Tanzania Electric Supply Company Ltd. (Tanesco) related to the development of renewable energy projects with a total capacity of up to 2 gigawatts (GW). In the presence of Hon. January Makamba, Minister for Energy for Tanzania, the Joint Development Agreement (JDA) was signed by ...

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NCEMA holds session to discuss community safety

  Abu Dhabi / WAM The National Emergency Crisis and Disasters Management Authority (NCEMA), represented by Department of Safety and Prevention, held a brainstorming session to discuss the national framework for preparedness and public safety. The session saw participation of a number of federal and local agencies concerned with managing institutional and community risks. The session discussed a number of ...

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