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UAE pledges $500m for Yemen in 2019

GENEVA / WAM As part of its commitment to achieving peace and prosperity in Yemen, the UAE has pledged $500 million for Yemen in 2019. The funding includes grants for United Nations agencies to support Yemen as well as commitments on a bilateral basis, to finance ambitious stabilisation programmes, working with many Yemeni and international partners. The UAE has also ...

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Aldar Investments acquires Etihad properties for AED1.2b

GENEVA / WAM Aldar Investments Properties has announced it’s acquiring full ownership of Etihad Plaza and Etihad Airways Centre in an AED1.2 billion transaction with Etihad Airways. As part of the deal, Etihad will take 100 percent ownership of Etihad Airways HQ. The three properties were previously held in three 50/50 joint ventures between Aldar Properties and Etihad (the JV). ...

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Free solar power for 10% Emirati homes in Dubai

DUBAI / WAM Dewa has launched a project to install photovoltaic solar panels in a tenth of homes of UAE nationals in Dubai and connect them to its grid as part of ach-ieving objectives laid down by HH Sheikh Mohammed bin Rashid Al Maktoum in the 50-Year Charter. Dewa is the first government department to implement the 50-Year Charter, which ...

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