Etihad Rail, Emerge sign solar power deal at Global Rail 2024

ABU DHABI / WAM Etihad Rail, the developer and operator of the UAE National Rail Network, signed a landmark agreement with Emerge, a joint venture between Abu Dhabi Future Energy Company PJSC – Masdar and EDF Group to solarise the railway network’s freight terminal in Ghuweifat. The total installed capacity is comprised of a 600 kWp ground-mounted solar PV system ...

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UAE, Malaysia conclude negotiations towards CEPA

KUALA LUMPUR / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and Zafrul Aziz, Minister of Investment, Trade and Industry for Malaysia, have confirmed the conclusion of negotiations towards a Comprehensive Economic Partnership Agreement (CEPA) between the two nations that seeks to eliminate or lower tariffs, reduce barriers to trade, promote private-sector collaboration and establish ...

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Hamdan bin Mohammed meets with delegates during International Programme for Government Directors

DUBAI / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, met with eminent public officials from all over the world participating in the International Programme for Government Directors. Sheikh Hamdan welcomed participating delegates, expressing hope that the programme will serve ...

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UAE leaders congratulate President of Fiji on National Day

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to Wiliame Katonivere of Fiji on the occasion of his country’s National Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed ...

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Bank of Sharjah issues $750 mn Sukuk for Sharjah Government

SHARJAH / WAM Bank of Sharjah has acted as a Joint Lead Manager in the successful issuance of a $750 million, 10.5-year US dollar-denominated 144A/Reg S Sukuk for the Government of Sharjah, alongside other international and regional banks. The issuance received strong interest from investors, with a peak order book of $2.6 billion, underscoring the global confidence in the Government ...

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Dubai Chambers, DIB sign pact to support business expansion

DUBAI / WAM Dubai Chambers has signed a memorandum of understanding (MoU) with Dubai Islamic Bank (DIB) to enhance the banking services available to the business community and support the local and global expansion of Dubai-based companies. Under the terms of the MoU, the two parties will cooperate to provide value-added banking services to the local business community, as well ...

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ADREC unveils plan to boost FDIs in Abu Dhabi’s real estate market

ABU DHABI/WAM The Abu Dhabi Real Estate Centre (ADREC), launched by the Department of Municipalities and Transport to regulate the real estate sector in the emirate, has unveiled a comprehensive plan aimed at increasing foreign direct investments (FDIs), attracting international investors, and boosting their confidence in the emirate’s real estate market. The plan seeks to enhance Abu Dhabi’s status as ...

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MoF supports national economic growth in GITEX Global 2024

DUBAI/WAM The Ministry of Finance is set to participate in GITEX Global 2024, taking place from October 14 to 18 at the Dubai World Trade Centre (DWTC). During the five-day event, the ministry will showcase its achievements in service development in addition to a suite of digital projects that aim to enhance customer satisfaction, support digital transformation, and improve quality ...

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Dubai Culture, MBRSC partner for creative, scientific initiatives

DUBAI / WAM Dubai Culture and Arts Authority (Dubai Culture) has signed a memorandum of understanding (MoU) with the Mohammed Bin Rashid Space Centre (MBRSC) to enhance communication channels and exchange institutional best practices between the two entities, which aligns with their shared commitment to fulfilling Dubai’s vision and future aspirations. The signing ceremony took place at the Etihad Museum ...

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