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ABU DHABI/WAM The Department of Energy – Abu Dhabi (DoE) introduced its regulatory roadmap for the petroleum products sector, with a focus on gas systems in residential, commercial, and industrial establishments, and called on stakeholders to unite in efforts to build safer communities across the emirate. The new regulatory journey was presented to 200 key government and private sector representatives ...

ABU DHABI/WAM Aggregate net profits reported by companies listed on GCC exchanges witnessed a healthy year on year (YoY) growth of 5.7 percent during Q2-2024 led by a broad-based growth across most markets in the region. Kamco Investment Company, a regional non-banking financial powerhouse headquartered in Kuwait, in its latest report, stated that the quarter on quarter (QoQ) growth came in at ...

ABU DHABI/WAM e& enterprise, the digital transformation arm of e&, today announced the successful completion of its US$60 million acquisition of GlassHouse, a leading Türkiye-based provider of managed cloud, business continuity and SAP Infrastructure services. The acquisition, originally announced in June this year, strengthens e& enterprise’s capabilities in private cloud and managed services, bolstering its overall value proposition with the ...

ABU DHABI/WAM  Tabreed, a leading district cooling company, has made a major advancement in its efforts to decarbonise the cooling sector, achieving the ‘Verified Carbon Standard’ at one of its Abu Dhabi plants, certifying carbon credits to offset emissions. Independent non-profit agency, Verra, which sets the world’s leading standards for climate action and sustainable development, carried out a year-long verification ...

SHARJAH/WAM HH Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and President of the University of Sharjah, recently launched advanced orthodontic clinics for master’s students at the College of Dentistry. He also inspected the Centre of Excellence for Dentistry at the University Dental Hospital. Sultan bin Ahmed conducted a tour of the clinic complex, familiarising himself ...

GAZA/WAM Operation “Chivalrous Knight 3” has commenced the restoration and operation of damaged and destroyed water networks in northern Gaza. This initiative follows the signing of a Memorandum of Understanding with Gaza Municipality, as part of the UAE’s efforts to provide urgent humanitarian solutions and funding to restore the functionality of water wells and reservoirs in the northern region. Through ...

ABU DHABI/WAM Emirates Global Aluminium (EGA), the world’s largest premium aluminium producer and the biggest industrial company in the UAE outside oil and gas, today reported solid financial performance for the first half of 2024 amid sustained global demand for premium aluminium. EGA’s adjusted Earnings Before Interest, Tax, Depreciation and Amortisation (adjusted EBITDA) was AED 4.20 billion (US$1.14 billion), compared ...

SHARJAH/WAM  The 13th International Government Communication Forum (IGCF 2024), organised by the Sharjah Government Media Bureau (SGMB), is set to take place on 4-5 September under the theme “Agile Governments… Innovative Communication.” The forum aims to redefine how governments and societies address the complexities of the 21st century. A distinguished lineup of national, regional, and international speakers, including ministers and ...

DUBAI/WAM DXB Live, the integrated event management and experiential agency of Dubai World Trade Centre (DWTC), announced its expansion of its regional presence by officially opening a new office in Riyadh, Kingdom of Saudi Arabia (KSA). This expansion aligns with DXB Live’s strategy to strengthen its global footprint and reinforce its position as a leader in the events industry. Khalid ...

ABU DHABI/WAM Abu Dhabi Global Market (ADGM) announced the successful conclusion of the third edition of its Summer Internship Programme. This year’s programme, conducted in collaboration with ADGM Academy (ADGMA), the knowledge arm of ADGM, and sponsored by ADNOC Global Trading, welcomed over 100 students. Building on the achievements of previous editions, the programme continues to be a valuable opportunity ...