Bloomberg Hong Kong’s stock exchange is planning to allow cash market traders to use multiple banks to settle transactions, a move that will help diversify risks and may also mitigate the dangers posed by any escalation in sanctions by Washington and Beijing. Hong Kong Exchanges & Clearing Ltd (HKEX) is drawing up plans to allow traders to sign up multiple ...

  Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (Enec) announced on Sunday that its operating and maintenance subsidiary Nawah Energy Company has received the Operating License from the UAE’s Federal Authority for Nuclear Regulation (FANR) for Unit 3 of the Barakah Nuclear Energy Plant, and the process of loading fuel assemblies into the reactor has begun in line ...

  Dubai / WAM Mattar Mohammed Al Tayer, Director-General, Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA), has revealed that RTA’s revenues collected via digital platforms increased by 32 percent in 2021 through 309 services provided via digital channels. RTA’s total digital revenues amounted to AED3.5 billion, compared to approximately AED2.65 billion in 2020. ...

  ABU DHABI / WAM His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, emphasised that the UAE is continuing to enhance its unique model to diversify energy sources and move towards environmentally friendly energy sources, to fulfill its international obligations regarding climate change phenomena, and achieve objectives of its ambitious strategic initiative for climate ...

  Dubai / WAM In a move that highlights the deep bonds and strengthening ties between the UAE and Saudi Arabia and underscores Dubai’s keenness to share its expertise and experience to boost regional development, DP World and the Saudi Ports Authority (Mawani) on Sunday signed a 30-year agreement to build a state-of-the-art, port-centric logistics park at the Jeddah Islamic ...

  Abu Dhabi / WAM Emirates Development Bank (EDB), will be participating in the first Make it in the Emirates Forum on June 21-22 at Adnoc Business Centre, Abu Dhabi, organised by the Ministry of Industry and Advanced Technology in cooperation with the Abu Dhabi Department of Economic Development (Added). As a key partner in the ministry’s efforts to empower ...

Abu Dhabi / WAM The Abu Dhabi National Exhibitions Company (Adnec) has won an accolade for “Best Employer of the Year” at the Middle East Event Awards (MESE) 2022, further cementing the company’s proven excellence in business and leisure tourism sector at a regional level. Adnec was recognised for this important accolade in the events industry, following the company’s efforts ...

  DUBAI / WAM Dubai Electricity and Water Authority’s Research and Development Centre (Dewa’s R&D Centre) has filed a new patent which adds to the four previous patents filed by the R&D Centre. The centre filed the patent for a redox flow battery stack with an improved electrolyte distribution, wherein the battery stack has a streamlined shape by changing the ...

  Abu Dhabi / WAM Emirates Development Bank (EDB), will be participating in the first Make it in the Emirates Forum on June 21-22 at Adnoc Business Centre, Abu Dhabi, organised by the Ministry of Industry and Advanced Technology in cooperation with the Abu Dhabi Department of Economic Development (Added). As a key partner in the ministry’s efforts to empower ...

  ABU DHABI / WAM His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, emphasised that the UAE is continuing to enhance its unique model to diversify energy sources and move towards environmentally friendly energy sources, to fulfill its international obligations regarding climate change phenomena, and achieve the objectives of its ambitious strategic initiative for ...