Abu Dhabi / WAM In yet a new bullish sign of its ability to break new highs over the coming few days and to further stir the market appetite, Emaar broke the AED8.00 mark for the second time in two weeks, drawing transactions worth AED88 million on Monday. Analysts attributed the upbeat sentiments that prevailed today to Emaar’s outperformance, specially ...

SHARJAH / WAM The Sharjah Electricity and Water Authority (SEWA), has announced that 8,325 schematics and project designs have been approved from the beginning of this year until mid-June 2017 through the Smart Plan service launched by the Common Services Management at the Authority. The approved plans include 4,565 smart plans for electricity projects, 1,691 smart plans for water, and ...

Abu Dhabi / WAM Abu Dhabi City Municipality announced details of improvement works to be carried out on the Sheikh Zayed Tunnel and Street in Abu Dhabi, at a cost of AED109 million. The project will see the upgrade of new entry and exit points for the tunnel and significant improvements to junctions with other streets, as part of efforts ...

Abu Dhabi / WAM The Abu Dhabi Global Market (ADGM) enacted and published changes to numerous ADGM regulations and rules as part of its ongoing commitment to align with international best practice and to provide a fair, well-regulated and internationally-recognised platform that meets the needs of its markets. The enacted revisions include enhancements to Fund Rules and Companies Regulations which ...

Abu Dhabi / WAM Emirates National Oil Company (ENOC) will start implementing the global star-rating system across its service centres to further improve customer’s satisfaction. The move comes after signing an agreement with the Global Start-Rating Progamme, which seeks to upgrade ENOC’s services to a seven-star rating. It will see the two parties exchange knowledge and expertise, and work together ...

Abu Dhabi / WAM The Ministry of Health and Prevention, represented by its Hospitals Sector, held the second laboratory to develop framework to reduce cancer and heart disease indicators. The workshop was attended by Dr Youssif Al Serkal, Assistant Under-Secretary for Hospitals Sector at the Ministry, and Dr Muna Al Kuwari, Director of Specialised care management and Executive Vice President ...

Dubai / WAM Dubai Municipality has launched the largest geological project in the Middle East, the Soil Map Project, to produce and extract interactive soil maps using soil survey data and to save all interactive soil maps in a centralised and unified database, said Hussain Nasser Lootah, Director-General of Dubai Municipality. He said that the project will contribute to the ...

Abu Dhabi / WAM The Abu Dhabi National Oil Company (ADNOC), with its subsidiary company ADNOC Distribution, held the official opening ceremony for its new state of the art ‘North Depot’ aviation fuel facility at Abu Dhabi International Airport. The ceremony was hosted by Abdulla Salem Al Dhaheri, Director of Marketing, Sales and Trading for ADNOC, and Saeed Mubarak Al ...

Dubai / Emirates Business Immensa Technology Labs, the UAE’s leading Additive Manufacturing (AM or 3D printing) company, has launched the country’s first 3D printing facility in line with the ‘Dubai 3D Printing Strategy’ launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai. Immensa’s state-of-the-art facility houses over eight ...

Dubai / Emirates Business Emirates Global Aluminium, (EGA) the largest industrial company in the UAE outside oil and gas, on Monday announced Al Robot, a robotics competition that challenges students at universities and higher education institutions in the UAE to create a robot to tackle a real life challenge at EGA’s aluminium smelters. The competition asks university students to design, build ...