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Debtors among UAE family heads in Abu Dhabi decline

ABU DHABI / WAM The percentage of debtors among UAE family heads in the Emirate of Abu Dhabi has declined during 2015 for the second consecutive year to reach about 19.9 per cent on average from its previous rate of 24 per cent in 2014, according to the National Family Status Observatory’s 2015 report. Issued by the Department of Economic ...

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Dubai gets one of largest roof-top arrays in Mena

DUBAI / WAM Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA) has inaugurated one of the largest single-rooftop arrays in the Middle East and North Africa, a 1.5 megawatt direct current (MWdc) photovoltaic generation project at Jebel Ali Power Station (JAPS), and successfully connected it to DEWA’s grid. This supports the Shams Dubai initiative, ...

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Senaat’s revenues exceed AED14bn

ABU DHABI / WAM Senaat General Holding Corporation (“Senaat” or “the Group”), a leading industrial holding company in Abu Dhabi, has recorded a strong performance for the year, registering revenues of approximately AED 14.04 billion for FY 2015, a 5 per cent increase from AED 13.42 billion in revenues achieved in FY 2014. The increase in revenues reflects a stronger ...

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