August, 2022

• 17 August

  Dewa helps cut 217,370 tons of carbon emissions

  

    Dubai / WAM Dubai Electricity and Water Authority (Dewa) announced that its High-Water Usage Alert service has helped to reduce 217,370 tons of carbon emission since its launch three years ago and until June 30. These reductions were from identifying 1,062,781 water leakage reports, 23,199 defects, and 11,566 cases of increased load. The service sends instant notifications to customers ...

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• 17 August

  Waha Capital agrees to sell 17 leased warehouses to Peninsula for $151m

  

    Abu Dhabi / Gulf Time Waha Capital (Waha), an Abu Dhabi-listed investment management company, through its wholly owned subsidiary Waha Land, has agreed to the sale of 17 leased warehouse buildings situated on five plots at the Almarkaz Industrial Development to Peninsula Real Estate Management Limited (Peninsula), a real estate investment company incorporated in Abu Dhabi Global Market, for ...

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• 17 August

  Dubai sees 22% growth in new business licences

  

    DUBAI / WAM The Department of Planning and Development — Trakhees, the regulatory arm of the Ports, Customs and Free Zone Corporation, completed about 16,000 transactions through its Licencing Department during the first half of 2022, registering a growth of 22% as against the same period last year. The Licencing Department provides corporate licencing services to local and free ...

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• 17 August

  Air Arabia launches direct flights to Milan

    SHARJAH / WAM Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier (LCC) operator, has announced the launch of its direct flights from Sharjah to the city of Milan in Italy. The new direct flights will connect Sharjah International Airport with Milan Bergamo Airport with four weekly flights starting from December 7. Adel Al Ali, ...

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• 17 August

  Net foreign investments in UAE stocks cross AED15.5b

  

    Abu Dhabi / WAM The net investments of non-Arab foreigners in local stocks rise to over AED15.54 billion since the start of 2022, in light of the UAE’s investment attractiveness and the strong performance of listed companies, supported by the strength and robustness of the country’s economic foundations. According to Abu Dhabi and Dubai financial markets, non-Arab foreign investors ...

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• 17 August

  Commercial licensing business in Dubai grows 22% in H1 2022

  

    Dubai / WAM The Department of Planning and Development — Trakhees, the regulatory arm of the Ports, Customs and Free Zone Corporation, completed about 16,000 transactions through its Licencing Department during the first half of 2022, registering a growth of 22 percent as against the same period last year. The Licencing Department provides corporate licencing services to local and ...

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• 17 August

  Dewa initiative helps reduce 217,370 tons of carbon emissions

  

    Dubai / WAM Dubai Electricity and Water Authority (Dewa) has announced that its High-Water Usage Alert service has helped to reduce 217,370 tons of carbon emission since its launch three years ago and until June 30. These reductions were from identifying 1,062,781 water leakage reports, 23,199 defects, and 11,566 cases of increased load. The service sends instant notifications to ...

  Read More »
• 17 August

  Emirates to start A380 service to Bengaluru

  

    Dubai / WAM Emirates has announced that its flagship A380 service will be introduced for the first time to Bengaluru from October 30 to serve its customers on the busy route. Emirates became the first airline to operate scheduled passenger services utilising the A380, the world’s largest commercial aircraft in service, at Bengaluru’s Kempegowda International Airport. The aircraft upgrade ...

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• 17 August

  Air Arabia announces direct flights to Milan

    SHARJAH / WAM Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier (LCC) operator, has announced the launch of its direct flights from Sharjah to the city of Milan in Italy. The new direct flights will connect Sharjah International Airport with Milan Bergamo Airport with four weekly flights starting from December 7. Adel Al Ali, ...

  Read More »
• 17 August

  Khalifa University develops 3D-printed eyeglasses

  

    Abu Dhabi / Gulf Time Khalifa University of Science and Technology, a consistently top-ranked research-intensive university based in Abu Dhabi, has developed a new method to manufacture customised glasses using 3D printing that could help people with colour blindness. Colour Vision Deficiency (CVD) is an inherited ocular disorder that manifests itself in limiting the retina cones’ ability to transmit ...

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