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SEWA inaugurates AED105mn power distribution station

SHARJAH / WAM The Sharjah Electricity and Water Authority (SEWA) has announced the commissioning and inauguration of the AED105 million Al Khan power transmission and distribution station as part of the Sharjah government’s plans for expansion of the transmission network to cope with the Emirate’s projected rising energy demands. Dr. Rashid Al Leem, the Chairman of SEWA, said the 132/33/11 ...

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Half a million Emiratis to benefit from KF’s products

ABU DHABI / WAM Half a million UAE citizens will benefit from subsidised national food products. The gesture is in line with the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. Mohammed Haji Al ...

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DGCX’s unveils Stellar Trading Systems

Dubai / WAM The Dubai Gold and Commodities Exchange (DGCX) on Tuesday announced that Stellar Trading Systems, a multi-asset trading software and services specialist, has become an approved Independent Software Vendor, ISV, on the exchange. Stellar Trading Systems has hosted its infrastructure at DGCX colocation facility to deliver its market making, low-latency order routing and algorithmic trading solutions to DGCX ...

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