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Abu Dhabi / WAM Multiply group, an Abu Dhabi-based holding company, acquired 80% of International Energy Holding LLC (IEH). International Energy Holding recently acquired a 50% stake in Kalyon Enerji Yatrimlari AŞ, a market-leading clean and renewable energy company based in Türkiye. Under IEH, Multiply Group aims to continue expanding its utilities and energy investments globally. Kalyon Enerji’s assets ...
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October, 2022
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5 October
UAE leaders wish King of Lesotho on Independence Day
Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to King Letsie III of the Kingdom of Lesotho on the occasion of his country’s Independence Day, which is marked on October 4. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and ...
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5 October
Arada awards contracts to build 740 homes in Sharjah
Dubai / WAM Arada has awarded two major contracts to build nine premium apartment blocks in Aljada, the 24 million square foot mixed-use megaproject located in the Muwaileh area of New Sharjah. Consisting of 740 homes in total, the buildings include the five Sokoon blocks, two new apartment blocks located close to Aljada’s museum and the two Gate buildings, ...
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5 October
GCC needs to invest $85b to achieve sustainable waste management
Dubai / WAM With the expansion of GCC urban areas, municipalities in the GCC are challenged to handle the ever-increasing waste generation through the existing landfill strategies. However, many GCC countries are already investing to improve their waste management, with deals soaring in volume and value in 2019, according to a new report by Boston Consulting Group (BCG) in ...
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5 October
Wizz Air Abu Dhabi starts its first flight to Maldives
Abu Dhabi / Gulf Time Wizz Air Abu Dhabi, the ultra-low-fare national airline of the UAE, announced the launch of its first flight to Male in the dreamy islands of the Maldives on the October 4. The route will be operated four times per week in October, every Tuesday, Thursday, Saturday and Sunday, increasing to six times per week in ...
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5 October
Arab Media Forum kicks off in Dubai
Dubai / WAM The Arab Media Forum (AMF) kicked off on Tuesday with the participation of more than 3,000 government officials, leaders of Emirati, Arab and international media institutions, influential decision makers, opinion leaders, entrepreneurs and innovators, and those concerned with the media sector, within the most prominent media event of its kind in the region. The two-day forum ...
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5 October
Arada awards AED454m contracts to build 740 new homes in Sharjah
Dubai / WAM Arada has awarded two major contracts to build nine premium apartment blocks in Aljada, the 24 million square foot mixed-use megaproject located in the Muwaileh area of New Sharjah. Consisting of 740 homes in total, the buildings include the five Sokoon blocks, two new apartment blocks located close to Aljada’s museum and the two Gate buildings, ...
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5 October
Dubai Future Forum to welcome 400 innovators from across the world
Dubai / Gulf Time Under the patronage of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of The Executive Council of Dubai and Chairman of the Board of Trustees of Dubai Future Foundation (DFF), the DFF hosts the inaugural ‘Dubai Future Forum’, the world’s largest gathering of futurists, at the Museum of ...
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5 October
Ajman’s DoF encourages digital purchases at government level
Ajman / Gulf Time As part of itÂÂÂÂs continuous efforts to enhance coordination with government agencies toward advancing digital transformation in the country, the Ajman Department of Finance (DoF) held a workshop for government agencies at its headquarters to introduce them to government credit cards. The workshop also sought to consolidate cooperation efforts between the government of Ajman and ...
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5 October
UAE to celebrate World Teachers’ Day
Abu Dhabi / WAM The UAE will celebrate the annual World Teachers’ Day on October 5, in recognition of the role of teachers in encouraging innovation. Emirati teachers have received significant attention and appreciation from community due to their efforts to prepare an aware and educated generation. Over the first 50 years of the UAE’s history, the number of ...
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