DUBAI/ WAM Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), said that DEWA commissioned 1,414 distribution substations of 11kV across Dubai in 2023. The construction of the substations and related tasks resulted in a total of 996,648 man-hours, according to the highest standards of health and safety. “In line with the vision and directives ...

DUBAI/WAM H.H. Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority (Dubai Culture) and Member of the Dubai Council, visited the third edition of the ‘Al Marmoom: Film in the Desert’ festival, organised by Dubai Culture at Al Marmoom Desert Conservation Reserve. The festival, a key highlight of the Dubai Destinations winter campaign, seeks ...

AJMAN/WAM H.H. Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, has issued two Emiri Decrees No. (15) of 2023 establishing the Ajman Centre for New Projects (Free Zone) and No. (1) of 2024 concerning the appointment of Sheikh Mohammed bin Abdullah bin Sultan Al Nuaimi as its Chairman. The decrees shall come into force from ...

DUBAI / WAM A total of 2,910 real estate and properties transactions valued at AED10.1 billion were conducted during the week ending 12th January, according to the Dubai Land Department (DLD). The DLD weekly report said that 209 plots were sold for AED 2.19 billion, while 2,100 apartments and villas were sold for AED 4.84 billion. The top three transactions ...

ABU DHABI / WAM ADQ, an Abu Dhabi-based investment and holding company, and ADNEC Group today announced the signing of definitive agreements for the strategic acquisition of a 40.5 percent stake in Egypt-based Talaat Moustafa Group Holding’s hospitality arm, ICON Group through a capital increase. ADQ and ADNEC will invest through a special purpose vehicle, with 49 percent equity ownership ...

ABU DHABI / WAM The UAE Ministry of Investment has signed a Memorandum of Understanding (MoU) with the Ministry of Digital Development, Innovations, and Aerospace Industry of the Republic of Kazakhstan and the Sovereign Wealth Fund Samruk-Kazyna. This strategic agreement aims to create a framework for investment cooperation in data centre and artificial intelligence (AI) projects in Kazakhstan. The MoU ...

ABU DHABI / WAM Ali Rashid Al Nuaimi, Chairman of the Defence, Interior and Foreign Affairs Committee at the Federal National Council (FNC) and Chairman of the UAE Parliamentary Division at the Inter-Parliamentary Union (IPU), today, met with Waven William, Chairperson of the International Affairs Committee of the National Assembly of Seychelles and President of the Standing Committee on Sustainable ...

ABU DHABI / WAM The UAE expresses its deep concern regarding the repercussions of the attacks on marine navigation in Bab Al-Mandab and the Red Sea. The attacks constitute an unacceptable threat to international trade, security of the region, and international interests. In this regard, the UAE stresses the importance of protecting the security of the region, as well as ...

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan, in his capacity as Ruler of Abu Dhabi, has issued a Law establishing the Abu Dhabi Hazardous Materials Management Centre, which will operate under the authority of Abu Dhabi Police General Headquarters. The centre aims to develop an integrated ecosystem to enhance the effective management of hazardous ...

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) and the Chamber of Commerce and Industry of Sfax, Tunisia, held a meeting to discuss advancing cooperation and joint efforts to further develop the relations between the two countries’ business communities. The meeting touched on exchanging commercial delegations, holding joint events and forums, and improving coordination to encourage businessmen ...