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Adnoc to expand investor base to drive FDI to UAE

  Abu Dhabi / WAM His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Member of Abu Dhabi Executive Council and Chairman of Abu Dhabi Executive Office, has chaired a meeting of the Executive Committee of the Board of Directors (BoD) of Abu Dhabi National Oil Company (Adnoc). During the meeting, which was held at Adnoc’s headquarters in Abu ...

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UAE President exchanges Eid greetings with Saudi King

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has exchanged, during a telephone call, Eid Al Adha greetings with the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud of Saudi Arabia. The UAE President and King of Saudi Arabia exchanged their wishes for the two countries to flourish with continued ...

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Seha, KSM to promote joint medical research

  Abu Dhabi / WAM The Abu Dhabi Health Services Company (Seha) has signed an agreement with Kahn-Sagol-Maccabi (KSM), the research and innovation centre of Israel’s Maccabi Healthcare Services, to promote joint medical research and technological innovation. The agreement – signed in Abu Dhabi – will also support the Emirate’s goal of building a genomic research registry to optimise clinical ...

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Mubadala Petroleum discovers 390 foot gas column in North Sumatra

  Abu Dhabi / WAM Mubadala Petroleum, the Abu Dhabi headquartered international energy company, on Wednesday announced that the drilling of the Timpan-1 exploration well located 150 kilometres offshore North Sumatra, Indonesia, has been completed with the discovery of a 390 foot gas column in high net to gross fine-grained sandstone reservoir. The exploration well, “Timpan-1”, is operated by Harbour ...

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16 firms in UAE triple Emiratisation target

  Dubai / WAM A group of 16 companies managed to achieve three times more than the Emiratisation target approved by cabinet’s decision that was issued in May 2022 and entered into force in June 2022. These companies employed 1,166 UAE citizens within this short period. The firms will receive incentive packages from the Ministry of Human Resources and Emiratisation ...

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Dubai records AED1b in realty transactions

Dubai / Gulf Time Dubai real estate market recorded 304 sales transactions worth AED735.85 million, in addition to 77 mortgage deals of AED263.54 million, and 12 gift deals amounting to AED24.3 million on Wednesday, data released by Dubai’s Land Department (DLD) showed. The sales included 282 villas and apartments worth AED651.17 million, and 22 land plots worth AED84.68 million, while ...

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EGA, Japan’s K Line sign deal to decarbonise bulk cargo shipping

  Abu Dhabi / WAM Emirates Global Aluminium (EGA) and Kawasaki Kisen Kaisha (K Line group), one of the world’s largest shipping groups, on Wednesday signed an agreement to cooperate on research and pilot projects to decarbonise bulk cargo shipping. The cooperation is expected to focus on the development and implementation of new marine decarbonisation technologies suitable for EGA’s bulk ...

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Dewa completes digital integration of more than 70 projects

  Dubai / WAM Dubai Electricity and Water Authority (Dewa) has completed the digital integration of more than 70 projects with government and private organisations. Through this step, Dewa makes it easier to get a wide range of services, including bill payment, information updates, activation of electricity/water (Move-in), housing fees adjustment, refunds, updating trade license and others. Saeed Mohammed Al ...

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Sharjah Chamber sees 31% increase in new members

  Sharjah / WAM The Sharjah Chamber of Commerce and Industry (SCCI) has reported a significant expansion in its operational activities over the past month compared to the same period last year. The overall number of new and renewed members increased by 13 percent to 6,162 in June. This includes 5,448 renewed memberships, an increase of 11 percent. According to ...

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