DUBAI / WAM Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (Dewa), announced that energy demand in Dubai increased in 2021 by around 10 percent compared to 2020. Energy demand in 2021 reached 50,202 gigawatt-hours compared to 45,712 gigawatt-hours in 2020. Al Tayer said, “To achieve this, Dewa uses the latest smart technologies and ...
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January, 2022
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24 January
ADFD funds educational projects worth AED2bn in 15 countries
ABU DHABI / WAM During its pioneering 50-year journey, Abu Dhabi Fund for Development worked to support international efforts aimed at achieving sustainable development in education sector around the world. To date, it funded 64 educational development projects that serve the educational sector, with a total of AED2 billion invested across 15 developing countries around the world. In its ...
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24 January
Ajman Bank lends $41.4m to Arada to build school
Sharjah / WAM Ajman Bank signed a financing agreement with local developer Arada that will provide AED152 million ($41.38 million) to finance the construction of two key projects within the fast-growing Aljada mixed-use community, Sharjah’s largest ever megaproject. The arrangement has resulted in the provision of AED37 million in financing for a villa complex within the Aljada community, as ...
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24 January
DLD inks deals with 3 entities
DUBAI / WAM Dubai Land Department (DLD) has signed memoranda of understanding (MoUs) with three companies specialised in providing smart and advanced real estate solutions: Bayut, DXBinteract.com, and Property Finder. The MoUs aim to provide Dubai’s real estate market with the best solutions that rely on data and interactive reports, which contributes to enhancing the digital transformation trends witnessed by ...
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24 January
ADFD funds AED2 billion worth of educational projects in 15 nations
Abu Dhabi / WAM During its pioneering 50-year journey, Abu Dhabi Fund for Development has worked to support international efforts aimed at achieving sustainable development in the education sector around the world. To date, it has funded 64 educational development projects that serves the educational sector, with a total of AED2 billion invested across 15 developing countries around the ...
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24 January
Sharjah Chamber, Syria to boost trade relations
SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) received a Syrian delegation led by Kinan Zahreddine, Syrian Consul-General in Dubai, to discuss enhancing economic relations and increase trade exchange. The meeting also reviewed potential investment opportunities to support economic cooperation and enhance the partnership between businessmen. The delegation was received by Abdullah Sultan Al Owais, Chairman ...
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24 January
Luxembourg celebrates National Day at Expo 2020
DUBAI / WAM The Grand Duchy of Luxembourg celebrated its Expo 2020 Dubai National Day with a commitment to international cooperation to address future challenges, alongside a varied cultural programme. There was a poetry recital of Luxembourg poem “It Draws Us Up” by Carla Lucarelli, in Arabic and English, at Al Wasl Plaza, followed by performances from saxophonist Olivier ...
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24 January
UAE sees 1,115 new recoveries from Covid-19
Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 499,001 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Monday, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the ...
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24 January
Emirates 2022 World Stamp Exhibition ends on a high note
Dubai / WAM Emirates 2022 World Stamp Exhibition, the first international philatelic exhibition in the region, ended with great success, at the Dubai Exhibition Centre. Coinciding with Expo 2020 Dubai, the event featured more than 175 exhibits from 27 countries in the Middle East, Asia, Africa, Europe, America, and Oceania. The international event was a major step towards increasing ...
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24 January
EU explores options to get more gas from trading partners
Bloomberg The European Union’s executive arm is testing the waters to see if its trading partners, including the United States, could boost natural gas supplies to the region amid limited shipments from Russia and rising geopolitical risks, according to the bloc’s energy chief. While the EU has a robust gas infrastructure and clear procedures in case of emergencies, it ...
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