DUBAI / WAM Dubai’s Roads and Transport Authority (RTA), signed a contract for purchasing 373 buses of Volvo SB3 along with a 10-year maintenance contract in support of Dubai’s mobility plan and to cope with the rising number of public bus riders. The new buses are compliant with Euro 6 standards, and it will be the first time buses of such ...

Abu Dhabi / WAM Since the UAE and the Federal Republic of Germany established diplomatic relations in 1972, 47 years ago, the two countries have developed a strategic partnership built on cooperation and mutual respect that serves to consolidate stability in the region and promote international peace and security. Over the years, there have been numerous exchanges of visits between ...

ABU DHABI / WAM Self-service kiosks have been set up across all the ports included in the Tax Refunds for Tourists Scheme in order to allow tourists to recover Value Added Tax (VAT), when leaving the UAE. The kiosks are operated by Planet, the company enlisted by the Federal Tax Authority (FTA), to operate the system for the Tax Refunds ...

DUBAI / WAM More than 1.3 million passengers travelled through air, sea and land ports in Dubai during the Eid-al-Fitr holidays, according to General Directorate of Residency and Foreigners Affairs in Dubai (GDRFA). Similarly, the total number of entry and residence permits transactions during the break reached 253,000. A total of 1.75 million passengers passed through Dubai airports, while 113,000 ...

Sharjah / WAM The Sharjah FDI Office, Invest in Sharjah, announced that the fifth edition of their annual flagship event, the Sharjah FDI Forum, will be held on November 11-12. The event, held under the patronage of HH Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, will take place at the emirate’s Al Jawaher ...

Abu Dhabi / WAM The Abu Dhabi Municipality (ADM), completed the Al Zahiyah Development Project, at a cost of AED28.8 million ($7.84 million), in cooperation with the Abu Dhabi General Services Company, Musanada, and the Department of Transport. The project is located in an area of approximately 277,500 square metres, divided into 69,000 sq m of main roads, 43,300 sq ...

Dubai / WAM Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority (Dewa), welcomed a high-level Brazilian delegation headed by Ricardo Salles, Brazilian Minister of Environment, and included Fernando Luis Lemos Igreja, Brazilian Ambassador to the UAE. The parties discussed enhancing the participation of Brazilian companies in the 21st Water, Energy, Technology, and Environment Exhibition (Wetex ...

Dubai / WAM An initiative of the Dubai Future Foundation, AREA 2071 has hosted 20 global startups valued AED42.2 million to participate in two renowned global Accelerator Programmes. Maha Al Mezaina, Head of AREA 2071, reiterated the essential role played by emerging companies in shaping key future sectors, due to their capacity in coping with the rapidly changing global needs ...

Bloomberg Trafigura Group Ltd. racked up a 92 percent gain in profit in the first half of its financial year, taking advantage of price swings in the petroleum market and a dominant position exporting crude from the US. Joining peers in a strong performance, the third-biggest independent oil trader’s net income jumped to $426 million in the six months to ...

Bloomberg Connecticut is set to massively increase investment in offshore wind after the state Senate passed a bill to require utilities to buy as much as 2 gigawatts of the renewable energy source, equivalent to almost a third of the state’s electricity needs. Regulators will have 14 days to produce a plan to solicit bids from developers. Previously, the state ...