Dubai / WAM Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (Dewa), has announced an increase of around 10 percent in energy demand growth and 10 percent rise in the peak load of electricity in Dubai until the end of May compared to the same period in 2020. Demand for energy increased in the first ...

ABU DHABI / WAM The Emirates Development Bank (EDB), fully owned by the UAE Federal Government, has signed a Memorandum of Understanding (MoU) with the Commercial Bank of Dubai (CBD), to offer a credit guarantee and co-lending programmes for small and medium-sized enterprises (SMEs) in the UAE. The MoU is part of EDB’s commitment to supporting the goals of the ...

ABU DHABI / WAM On the back of quarantine-free travel to Morocco, and back into the emirate of Abu Dhabi, Etihad Airways is restarting services to Rabat on June 23. As Phuket prepares to reopen to international vaccinated travellers, Etihad is recommencing services to the popular holiday destination on July 1. To simplify the travel experience and provide additional peace ...

Abu Dhabi / WAM The Galleria Al Maryah Island in Abu Dhabi surpassed 2.7 million visitors in May, the highest monthly footfall attained to date. This new record was the result of an eventful month that included Ramadan and Eid activations. Despite the ongoing Covid-19 pandemic and capacity restrictions, The Galleria remains the community’s preferred safe shopping destination. Due to ...

RAS AL KHAIMAH / WAM Ras Al Khaimah Government Media Office (RAKGMO) has won an honorary gold award in the Outstanding Management category at the Middle East and North Africa Stevie Awards 2021, which were held under the patronage of Ras Al Khaimah Chamber of Commerce and Industry in a virtual event. The award came in recognition of RAKGMO’s notable ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has directed a comprehensive assessment of more than 1,300 digital and smart services provided by ministries and government departments. “Today we directed a thorough evaluation of digital and smart services provided by federal government ministries and departments. ...

Sharjah / WAM The Sharjah Economic Development Department (SEDD) announced that it would be implementing the full foreign ownership policy, allowing investors of natural and legal persons to own 100 percent of commercial and industrial companies and practice activities in the Emirate of Sharjah. This decision includes no requirements such as a specific capital or any additional fees for foreign ...

Ajman / WAM The Department of Economic Development in Ajman (Ajman DED) opened 100% ownership of economic activities in the commercial and industrial sectors to foreign investors. In this regard, the department has approved over 1,000 economic activities for foreign investment, except those with a strategic impact, which were agreed upon during the meetings of the Strategic Impact Economic Activities ...

Dubai / WAM flydubai, the Dubai-based airline, has announced on Wednesday the resumption of its operations to Naples in Italy. The three weekly flights to Naples International Airport (NAP) will commence on July 1. From June 2, a quarantine-free travel corridor has been established between Italy and the UAE enabling passengers to travel between the two countries with less restrictions. ...

ABU DHABI / WAM The Emirates Development Bank (EDB), fully owned by the UAE Federal Government, has signed a Memorandum of Understanding (MoU) with the Commercial Bank of Dubai (CBD), to offer a credit guarantee and co-lending programmes for small and medium-sized enterprises (SMEs) in the UAE. The MoU is part of EDB’s commitment to supporting the goals of the ...