February, 2024

• 27 February

  Parkin Company announces its intention to float on DFM 

  

  DUBAI / WAM Parkin Company PJSC, the largest provider of paid parking facilities and services in Dubai, on Tuesday announced its intention to proceed with an initial public offering (IPO) and to list its ordinary shares for trading on the Dubai Financial Market (DFM). A total of 749,700,000 shares with a nominal value of AED 0.02 each will be offered ...

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• 27 February

  Hamed bin Zayed briefed on research projects of Khalifa University

  

  ABU DHABI / WAM HH Sheikh Hamed bin Zayed Al Nahyan, Chairman of the Board of Trustees of Khalifa University of Science and Technology, on Tuesday viewed the 100-plus innovative projects and attended startup pitches on Khalifa University Research and Innovation Day 2024, as part of the UAE’s innovation month activities. HH Sheikh Hamed was accompanied by Professor Sir John ...

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• 27 February

  Sharjah Ruler issues law for restructuring Sharjah Police Academy

  

  SHARJAH / WAM The enactment of Law No 3 of 2024, overseen by HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, focuses on the reorganisation of the Police Science Academy in the emirate of Sharjah. As per the law, the content of Article 7 from Law No 5 of 2014, which pertains to ...

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• 27 February

  Masdar Arlington Energy breaks ground on two new battery energy storage system sites in UK

  

  ABU DHABI/ WAM Masdar Arlington Energy, a subsidiary of Abu Dhabi Future Energy Company PJSC – Masdar, has broken ground at the sites of two new battery energy storage system (BESS) projects in the UK. The Royle Barn Road plant in Rochdale and Welkin Road plant in Stockport will have a combined capacity of 55MW and provide enough energy to ...

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• 27 February

  MC13’s new service regulations aim to cut global trade costs by over $125 billion

  

  ABU DHABI/ WAM The entry into force of new disciplines on services domestic regulation, announced at the World Trade Organisation (WTO) 13th Ministerial Conference (MC13) in Abu Dhabi on 27th February, is expected to lower trade costs by over US$ 125 billion worldwide. The announcement was made at an event attended by Director-General Ngozi Okonjo-Iweala, Dr. Thani bin Ahmed Al ...

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• 27 February

  Ministry of Finance announces AED10,000 penalty for late Corporate Tax registration

  

  ABU DHABI/ WAM The Ministry of Finance today announced the issuance of Cabinet Decision No. 10 of 2024, amending the schedule of violations and administrative penalties of Cabinet Decision No. 75 of 2023 on the administrative penalties for violations related to the application of Federal Decree-Law No. 47 of 2022 on the taxation of corporations and businesses. Cabinet Decision No.10 ...

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• 27 February

  UAE participates in Oman Conference for Environmental Sustainability

  

  MUSCAT/ WAM Abdulla Balalaa, Assistant Minister of Foreign Affairs for Energy and Sustainability Affairs, has participated in the Oman Conference for Environmental Sustainability, being held from 26th to 28th February, under the patronage of Sayyid Asa’ad in Tarik Al Said, Deputy Prime Minister for International Relations and Cooperation Affairs and Personal Representative of His Majesty the Sultan. The conference is ...

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• 27 February

  UAE’s focus on advancing sports medicine lauded

  

  DUBAI / WAM FIFA President Gianni Infantino has applauded the UAE’s dedication to developing sports medicine, particularly in football. During his visit to the “FIFA Medical Center of Excellence” in Dubai, where Infantino explored its facilities and services for player rehabilitation from UAE and global football personalities. Impressed by the centre’s services, accredited by the Asian and International Football Federations, ...

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• 27 February

  UAE leaders condole Saudi King on death of mother of Prince Khalid bin Saad and Prince Fahd bin Abdul Mohsen

  

  ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of condolences to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud of Saudi Arabia on the death of the mother of Prince Khalid bin Saad bin Saud bin Abdulaziz Al Saud. His Highness Sheikh Mohammed bin Rashid ...

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• 27 February

  Abu Dhabi to host 6th WHO Emergency Medical Teams meeting

  

  ABU DHABI / AD MEDIA OFFICE The Department of Health – Abu Dhabi (DoH) has announced that Abu Dhabi has won the bid to host the sixth edition of the World Health Organization (WHO) Emergency Medical Teams Global Meeting (EMT). Taking place in November 2024, the event reaffirms Abu Dhabi’s position as an international hub for emergency medicine and a ...

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