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Dubai / WAM Etihad Credit Insurance (ECI) and African Trade Insurance Agency (ATI) signed a reciprocal reinsurance agreement to strengthen trade ties and boost exports between the two markets by providing trade credit insurance and trade finance solutions to businesses. The deal follows the memorandum of understanding (MoU) each entity signed in March last year to enhance the global competitiveness ...
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November, 2022
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24 November
DMCC teams up with SafeGold on commodities trade and enterprise
Abu Dhabi / WAM Dubai Multi Commodities Centre (DMCC) and SafeGold, Asia’s leading digital gold platform, have signed an MoU to advance SafeGold’s vision of digitising gold investment and enabling a digital ecosystem to flourish within the Middle East and North Africa region’s $20 billion gold market. With SafeGold’s proprietary technology and DMCC’s leadership in the commodities and crypto-technology space, ...
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24 November
EAD, Modon join hands on environmental initiatives
Abu Dhabi / WAM The Environment Agency – Abu Dhabi (EAD) and Modon have signed a memorandum of understanding (MoU) to collaborate on environmental initiatives to reduce air pollution, protect wildlife, marine life, and natural resources. This is in addition to developing programmes that ensure a safe and healthy environment and enhance Abu Dhabi’s efforts to achieve the goals ...
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24 November
Alef launches Darb 3 in Al Mamsha Raseel
Sharjah / WAM Alef group, the leading real estate developer in Sharjah, has launched Darb 3 in Al Mamsha Raseel (Zone 3), following record sales achieved with Al Mamsha Raseel – Darb 1 development project, to be delivered on time in the last quarter of 2024. The launch of Darb 3 coincides with recent amendments to Sharjah property ownership ...
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24 November
UAE launches AED1bn ‘Emirates Villages’ project
Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, witnessed the launch of the ‘Emirates Villages’, a AED1 billion project aimed at developing a sustainable development model and creating economic and business opportunities to promote social stability and wellbeing. HH Sheikh Theyab bin Mohamed bin ...
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24 November
DMCC, SafeGold join hands to use gold-backed digital assets
Dubai / WAM Dubai Multi Commodities Centre (DMCC) and SafeGold, Asia’s leading digital gold platform, have signed an MoU to advance SafeGold’s vision of digitising gold investment and enabling a digital ecosystem to flourish within the Middle East and North Africa region’s $20 billion gold market. With SafeGold’s proprietary technology and DMCC’s leadership in the commodities and crypto-technology space, the ...
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24 November
Zayed University, ECA partner on pioneering parenting program
Abu Dhabi / WAM The Abu Dhabi Early Childhood Authority (ECA) has announced the launch of a new Parenting Programme with a consortium of partners including Zayed University, New York University Abu Dhabi (NYUAD), and the Emirates College for Advanced Education (ECAE). The consortium brings together leading Emirati and international academics, experts and researchers, with the aim of developing a ...
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24 November
New insurance plans for Fifa World Cup visitors launched
Abu Dhabi / WAM The National Health Insurance Company – Daman, has announced the launch of a new range of health insurance plans for visitors to the UAE who intend to travel to Qatar for the football World Cup in November and December. The World Cup Travel Insurance Plan (Multi Trip) will cover visitors to the UAE who intend ...
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24 November
Emicool signs pact to increase solar capacity by 238%
Dubai / WAM Emirates District Cooling Company (Emicool), a joint venture between Dubai Investments, a leading investment company listed on the Dubai Financial Market (DFM) and Actis LLC, a leading global investor in sustainable infrastructure, has signed a Power Purchase Agreement with Emirates Electrical Engineering (EEE), one of the solar market leaders in the UAE. The agreement confirms the ...
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24 November
Best Buy soars most since 2020 after tempering rocky outlook
Bloomberg Best Buy Co. jumped the most in more than two years after modestly improving its profit forecast and signalling its recent sales slump is starting to ease. Adjusted operating income this year will be “slightly higher†than the previous forecast of 4% of sales, the consumer-electronics retailer said as it reported third-quarter results. In addition, the decline in ...
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