ABU DHABI / WAM The National Petroleum Construction Company (NPCC), a subsidiary of Senaat Abu Dhabi, announced that its revenue increased by 7%, from AED4.9 billion to AED5.3 billion. Speaking on the occasion, Dr Mohamed Rashed Al Hameli, NPCC Chairman, said, “NPCC’s excellent project management has led to 27% increase in operating profit, from AED700 million to AED891 million. These ...

DUBAI / WAM Building on its existing portfolio of metals products, the Dubai Gold and Commodities Exchange (DGCX), recorded a 20.4 percent year-on-year growth in March, trading over 1.84 million contracts with a notional value of more than $36.6 billion. Average daily volumes throughout the same month also increased, registering 87,995 contracts. The DGCX successfully launched two new contracts, Aluminium ...

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI), represented by Abdallah Sultan Al Owais, Chairman of the SCCI, held discussions with Mogobo David Magabe, South Africa’s Consul-General in the UAE, and Igor Bondarev, Consul-General of the Republic of Belarus in the UAE, on enhancing joint cooperation, and exploring trade and investment partnerships. Al Owais examined with Bondarev ...

ABU DHABI / WAM The UAE Cabinet has adopted a decision to launch the Electronic Family Book, to be used as a document approved in all transactions across the UAE, in addition to the smart application of the Federal Authority For Identity and Citizenship. The decision is in line with the government’s shift to smart services trends. The Electronic Family ...

ABU DHABI / WAM Abu Dhabi International Airport (AUH), welcomed Himalaya Airlines’ inaugural flight from Tribhuvan International Airport (KTM), an international airport in Kathmandu, Nepal on Sunday, March 31. Himalaya Airlines launched three weekly flights connecting Abu Dhabi to Kathmandu, Nepal. Maarten De Groof, Chief Commercial Officer of Abu Dhabi Airports, said, “We are delighted to add Himalaya Airlines to ...

Dubai / WAM As part of its efforts to support the UAE’s education system, DP World UAE Region, unveiled its first book, “DP World Success Story”, to be used in government and private schools as an introduction to logistics and global trade. The book was launched by Mohammed Al Muallem, CEO and Managing Director of DP World UAE Region, at ...

DUBAI / WAM The concrete base of the tower that is part of the Mohammed bin Rashid Al Maktoum (MBR, Solar Park), the largest single-site concentrated solar power (CSP), project in the world, has been completed. Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority (Dewa), inspected the construction work of the fourth phase of ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Monday visited Dubai Arena, the new multi-purpose arena developed by Meraas at City Walk. The venue is the largest indoor arena of its kind in the Middle East and North Africa region. His Highness affirmed that the ...

ABU DHABI / WAM In a bid to support the UAE’s national economy, Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, has facilitated business deals worth AED16.5 billion for UAE companies over the last 10 years to implement ADFD-funded projects in developing countries. Capitalising on its close relations with developing countries, the Fund has ...

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc), announced on Monday, that it has expanded its In-Country Value (ICV), Programme by appointing a group of six additional third-party certifying bodies who will be responsible for verifying and measuring suppliers’ ICV performance, bringing the total number of the Program’s certifying bodies to 12, from six. The signing ceremony ...