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Alpha Dhabi raises its stake in Aldar Properties to 30%

  Abu Dhabi / WAM Alpha Dhabi Holding (ADH) announced the acquisition of an additional 17 percent shareholding of Aldar Properties. The acquisition will increase Alpha Dhabi Holding’s shares in Aldar Properties to 29.8 percent, making it one of the largest shareholders, said an ADH statement on Monday. Commenting on the announcement, Hamad Salem Mohamed Al Ameri, Managing Director and ...

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Houthi militias hijack UAE-flagged cargo ship

  RIYADH / WAM The terrorist Houthi militias hijacked a UAE-flagged cargo ship off the coast of Al Hudaydah Governorate on Sunday, Official Spokesperson of the Coalition to Restore Legitimacy in Yemen, Brigadier General Turki Al Malki, announced. “At (23:57) on Sunday (January 2), the Cargo Ship (Rwabee) sailing under the flag of the United Arab Emirates was targeted through ...

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Ajman sees 41% growth in commercial licenses

  Ajman / WAM The growth rate of the number of economic licences issued by the Department of Economic Development in Ajman (Ajman DED) during the 2021 reached 41 percent, while the number of establishments reached 27,913, and the Labour Resilience Index reached 17 percent. The efforts and initiatives launched by Ajman DED during 2021 resulted in a high growth ...

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RTA organises workshops on customer needs

  Dubai / WAM Dubai Roads and Transport Authority (RTA) has held a series of workshops over three days for 100 service beneficiaries under the theme: Identifying Future Expectations of RTA’s Customers. The workshops were part of a brainstorming programme to screen the current and future needs of customers to uplift the level of services and configure them to meet ...

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Oil climbs as Libyan output falls ahead of Opec+ supply meeting

  Bloomberg Oil rises as Libyan supply tightened ahead of an Opec+ meeting on Tuesday to discuss production policy for February. Futures in New York gained above $76 a barrel in European trading after a 2.3% decline. Libya’s crude output is expected to fall to the lowest in more than a year as workers try and fix a damaged pipeline. ...

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UAE signs pact for cultural cooperation with Vietnam

  Dubai / WAM The UAE Ministry of Culture and Youth has signed a Memorandum of Understanding (MoU) with the Ministry of Culture, Sports and Tourism of the Socialist Republic of Vietnam, for cooperation in culture encompassing antiquities, heritage, arts and libraries. The two countries have agreed to support cultural and creative industries and talented people, exchange knowledge, encourage a ...

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Ajman sees 41% growth in commercial licenses in 2021

  Ajman / WAM The growth rate of the number of economic licences issued by the Department of Economic Development in Ajman (Ajman DED) during the 2021 reached 41 percent, while the number of establishments reached 27,913, and the Labour Resilience Index reached 17 percent. The efforts and initiatives launched by the Ajman DED during the 2021 have resulted in ...

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UAE signs pact with Vietnam to enhance cultural cooperation

  DUBAI / WAM The UAE Ministry of Culture and Youth has signed a Memorandum of Understanding (MoU) with the Ministry of Culture, Sports and Tourism of the Socialist Republic of Vietnam, for cooperation in culture encompassing antiquities, heritage, arts and libraries. The two countries have agreed to support cultural and creative industries and talented people, exchange knowledge, encourage a ...

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RTA holds workshops on customer needs

  DUBAI / WAM Dubai Roads and Transport Authority (RTA) has held a series of workshops over three days for 100 service beneficiaries under the theme: Identifying Future Expectations of RTA’s Customers. The workshops were part of a brainstorming programme to screen the current and future needs of customers to uplift the level of services and configure them to meet ...

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