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Investments in Dubai Silicon Oasis reach AED3.6 billion

Dubai / WAM HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Silicon Oasis Authority, on Saturday announced that total investments in Dubai Silicon Oasis amounted to AED3.6 billion in 2015. Projects carried out by the DSOA accounted for half of all investments, while foreign investments at the hi-tech park contributed to the remaining half. Sheikh Ahmed bin Saeed, ...

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DEWA to build 64 main substations worth AED6.7bn

DUBAI / WAM Dubai Electricity and Water Authority (DEWA) plans to build 64 132/11 kilovolt (kV) substations over the next three years, which will cost AED 6.7 billion, in cooperation with various developers in the Emirate. These new substations will be linked to existing electricity networks to enhance their capacity, efficiency, and reliability. DEWA is committed to improving Dubai’s electricity ...

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Mint to issue EMV Chip based UnionPay ‘salary cards’ in GCC

Abu Dhabi / Emirates Business As a leading integrated electronic payment solutions provider and a leading payroll card service provider based in the UAE, Mint is proud to announce the issuance of its first EMV Chip based UnionPay Salary Cards in the GCC. UnionPay International, a global provider of high quality, cost effective and secure cross-border payment services to the ...

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