Classic Layout

Jafza expands logistics park with AED90 million investment

DUBAI/WAM Jafza is strengthening its position with a strategic AED90 million investment in Phase 2 of its cutting-edge logistics park. Adding 360,000 square feet of Grade-A facilities, the expansion aligns with the UAE’s push to grow its logistics sector to AED200 billion annually in the next seven years and cements Dubai’s role in international trade. The second phase delivers world-class ...

Read More »

SCI, TBHF send aid plane to Gaza

SHARJAH/WAM As part of “Operation Chivalrous Knight 3”, the Sharjah Charity International (SCI) and The Big Heart Foundation (TBHF) have dispatched a humanitarian aid plane carrying 95 tonnes of relief supplies to support the Palestinian people in the Gaza Strip. The aid shipment, overseen by Sheikh Saqr bin Mohammed Al Qasimi, Chairman of the Board of Directors of SCI, includes ...

Read More »

Modon, Elsewedy Industrial Development collaborate to launch industrial zone for Ras El Hekma, Egypt

ABU DHABI/WAM Modon Holding PSC (Modon), an Abu Dhabi-based holding company, and Egypt’s Elsewedy Industrial Development have signed a letter of intent (LOI) to build and operate a new industrial zone servicing the Ras El Hekma city megaproject in Egypt. The 10 million sqm new industrial zone, located south of the Alexandria-Matrouh Highway and opposite the Ras El Hekma site ...

Read More »

Masdar completes acquisition of Valle Solar project in Spain

MADRID/WAM Abu Dhabi Future Energy Company PJSC – Masdar announced on Thursday the investment through its subsidiary Saeta of one of the largest solar PV projects in Spain’s Valencia region, Valle Solar. This landmark project, initially promoted by the joint venture of Genia Solar Energy and Solar Ventures, is the next step in Masdar’s commitment to expansion in Spain, driving ...

Read More »

Emaar approves AED2.7b dividend for 2024

DUBAI/WAM Emaar Development shareholders approved the Board of Directors’ proposal to distribute a dividend of AED2.7 billion ($740 million), representing 68 percent of the share capital. The announcement came during the Emaar Annual General Meeting, where the Board of Directors reviewed the company’s financial performance for 2024 and discussed its future growth strategy. The board’s report on the company’s activities ...

Read More »

EHC Investment acquires of Al Fanar Gas Group, expands energy capabilities

ABU DHABI/WAM EHC Investment, through its energy arm Emirates International Gas (EIG), has announced the full acquisition of Al Fanar Gas Group, Abu Dhabi’s largest gas distributor and maintenance provider and one of the most prominent gas service companies across the UAE. This strategic acquisition reinforces EHC’s long-term vision for growth, agility, and technological advancement, while strengthening its role in ...

Read More »

Combating obesity strategic health priority: MoHAP

DUBAI/WAM The Ministry of Health and Prevention (MoHAP) has launched several initiatives over the course of the past year 2024 in collaboration with the World Health Organisation to support the National Programme to Combat Obesity and tackle childhood obesity. The ministry also signed a landmark agreement with a renowned company to develop the national scientific guide for obesity management and ...

Read More »

DoH’s digital transformation sets new standards in healthcare service excellence

ABU DHABI/WAM The Department of Health – Abu Dhabi (DoH), the regulator of the healthcare sector in the emirate, is at the forefront of digital transformation, making significant strides in enhancing healthcare services and improving community well-being. With most healthcare services in Abu Dhabi digitalised, such as Sanadkom and the Sick Leave Attestation Service on TAMM, DoH is reshaping the ...

Read More »

CBUAE unveils Dirham symbol as UAE joins FX Global Code

ABU DHABI/WAM The Central Bank of the UAE (CBUAE) on Thursday unveiled the new symbol for the UAE’s national currency, the “Dirham”, in a move that embodies the vision of the wise leadership, and the directives and ongoing support of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court, and Chairman ...

Read More »
Send this to a friend