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DUBAI / WAM Shuaa Capital announced the commencement of its post-acquisition integration and consolidation efforts with Kuwait based Amwal International Investment Company, Amwal, following the completion of the public tender process. The acquisition of Amwal aligns with Shuaa’s vision of delivering long-term shareholder value, in addition to the prospects of meaningful synergies between Shuaa Capital’s existing capital markets business and ...

Abu Dhabi / WAM Under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and with the attendance of H.H. Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior, the 1st Arab Digital Economy Conference began on Sunday ...

Dubai / WAM Khalifa Al Shaer Al Suwaidi, Acting Secretary-General of the Mohammed bin Rashid Al Maktoum Tolerance Award, said that the announcement of President His Highness Sheikh Khalifa bin Zayed Al Nahyan declaring 2019 as the ‘Year of Tolerance’ is an essential step in promoting tolerance and encouraging it to become a community practice. In a statement, Al Suwaidi ...

Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (Enec), successfully completed Cold Hydrostatic Testing (CHT), at Unit 3 of the Barakah Nuclear Energy Plant in Abu Dhabi. The testing, which is a crucial step towards the completion of Unit 3 of the 4-unit Barakah plant, incorporated the lessons learned from Units 1 and 2 and represents a significant milestone in ...

HODEIDAH / WAM The Emirates Red Crescent (ERC), has continued the distribution of humanitarian and relief aid to residents of the Red Sea coast of Yemen. The aid is a continuation of the humanitarian and relief efforts of the UAE in the Yemeni arena as part of a strategic plan to support the newly liberated cities and districts of Yemen, ...

Dubai / WAM Emirates NBD on Sunday announced the introduction of ‘Traveller HD’, an assistive technology designed to improve the branch-experience for visually impaired customers. Emirates NBD branches in Dubai Festival City, Hamriya and Al Qusais in Dubai will be the first to offer the high definition reader, being introduced as part of the bank’s flagship advocacy platform #TogetherLimitless, that ...

Dubai / WAM The Business Registration and Licensing (BRL), sector in the Department of Economic Development (DED), Dubai, has issued 1,748 new licenses during November 2018, as Dubai remained a destination of choice for investment in diverse business sectors. Among the new licenses issued, 62.3 percent were commercial, 35.2 percent professional, 1.3 percent related to tourism, and 1.2 percent industry. ...

Abu Dhabi / WAM The Integrated Transport Centre (ITC), of the Department of Transport (DoT), in Abu Dhabi has said that it started the issuance of roadwork and facilities permits in the Emirate. The move aims to ensure the level of road safety in construction sites and assure the smoothness of the traffic flow. The centre affirmed that such step ...

DUBAI / WAM The Dubai Investment Development Agency (Dubai FDI), the investment development agency of Dubai Economy (DED), held a meeting with major industries and key investors at the Circulo Ecuestre in Barcelona, Spain in collaboration with Senda International Company. The meeting, which aimed to further boost Dubai’s strong investment and trade relations with Spain, formed part of Dubai FDI’s ...

UMM AL QAIWAIN / WAM His Highness Sheikh Saud bin Rashid Al Mu’alla, Supreme Council Member and Ruler of Umm Al Qaiwain, stated that President His Highness Sheikh Khalifa bin Zayed Al Nahyan declaring 2019 as the ‘Year of Tolerance’ will reinforce the UAE’s social and ethical principles, established during the era of the Founding Father, the late Sheikh Zayed ...