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Abu Dhabi receives bids for world’s largest solar plant

Abu Dhabi / Emirates Business The Emirates Water and Electricity Company (Ewec), a subsidiary of Abu Dhabi Power Corporation (ADPower) and a leading company in the integrated coordination of planning, purchasing and supply of water and electricity in the Emirate of Abu Dhabi and beyond, has received bids for its 2 GW Solar Photovoltaic (PV) Independent Power Producer (IPP) project, ...

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Domestic helps over 60 yrs to get contracts renewed

Dubai / WAM Domestic workers aged over 60 years shall be allowed to get their employment contracts renewed under three conditions, including medical fitness, payment of medical coverage and an official consent by competent departments allowing them to continue their residency visa, according to the UAE Ministry of Human Resources and Emiratisation. According to the ministry’s announcement, the auxiliary worker ...

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UAE, Sweden sign MoU on innovation for SMEs

STOCKHOLM / WAM An agreement signed by the UAE and Sweden for startups, innovation and entrepreneurship cooperation will take the two countries’ partnerships to a higher level, Sultan bin Saeed Al Mansouri, Minister of Economy. The MoU was signed by the Ministry of Economy and Swedish Ministry of Enterprise and Innovation during a visit by Al Mansouri and a top-level ...

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EU plans $3.9bn fund for startups in ‘valley of death’

Bloomberg The European Union (EU) is planning a 3.9 billion fund that will invest in early stage technology in an effort to increase the pipeline of innovations that might someday take on giants in the US and China. Traditional venture capital firms typically don’t fund “the famous innovation valley of death,” where science has produced a breakthrough, but a costly ...

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ADX holds sustainability workshops

ABU DHABI / WAM The Abu Dhabi Securities Exchange (ADX) held two sustai- -nability reporting workshops, titled ‘Enhancing the efforts of listed companies to disclose sustainability reports.” The initiative is one of the pivotal axles of ADX’s broader programme to advance international best practices for sustainability across the Emirate, in line with the issuance of the Environmental, Social, and Governance ...

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UN praises funding for humanitarian response plan for Yemeni people

New York / WAM A top UN official has commended funding for the Humanitarian Response Plan in Yemen by “the Kingdom of Saudi Arabia, the United Arab Emirates, Kuwait, the United States and others.” “New funding since September from the Kingdom of Saudi Arabia, the United Arab Emirates, Kuwait, the United States and others has enabled agencies to re-open suspended ...

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UAE, Uzbekistan launch 1 million coders initiative

TASHKENT / WAM International partnerships are key to shaping the future of governmental processes, said Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs and The Future. Al Gergawi made the remarks as the head of the UAE delegation to the launch of the ‘One Million Uzbek Coders’ initiative at Inha University in Tashkent, Uzbekistan. “Building international partnerships for shaping ...

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12mn travellers visit Dubai in 9 months

DUBAI / WAM A surge in arrivals over the summer months accelerated Dubai’s tourism momentum, as the city welcomed 12.08 million international overnight visitors in the first nine months of 2019, according to the latest visitation figures released by Dubai’s Department of Tourism & Commerce Marketing (Dubai Tourism). The strong 4.3 percent increase in volume growth compared to the same ...

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