ABU DHABI, 23rd November, 2020 (WAM) President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued a decree overhauling foreign ownership rules of commercial companies, as part of the government’s ongoing efforts to ensure a conducive legislative environment and open up economy to all nationalities. The decree, which introduces …
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ABU DHABI, 22nd November, 2020 (WAM) The Supreme Petroleum Council (SPC) announced today the discovery of substantial recoverable unconventional oil resources located onshore, estimated at 22 billion stock tank barrels (STB), and an increase in conventional oil reserves of 2 billion STB in the Emirate of Abu Dhabi. The announcements …
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DUBAI, 22nd November, 2020 (WAM) His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai,participated in the concluding session of the G20 Riyadh Summit, organised virtually by Saudi Arabia under the patronage of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz …
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ABU DHABI, 21st October, 2020 (WAM) Emirates Global Aluminium, EGA, today announced that its employee-led continuous improvement programmemes have delivered almost AED60 million in cost savings since the start of the year. Since January, EGA employees also submitted 18,400 ideas through the company’s suggestion scheme to solve operational, safety and …
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ABU DHABI, 21st October, 2020 (WAM) Emirates Steel has announced it won the Safety Culture and Leadership Award 2020 by the World Steel Association, worldsteel, in recognition of its organisation-wide best-in-class health and safety protocols. Acknowledging industry excellence in safety and health since 2008, the award aims to highlight steel …
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ABU DHABI, 20th October, 2020 (WAM) To establish frameworks for economic and investment cooperation, and facilitate trade between the United Arab Emirates and Israel, Obaid bin Humaid Al Tayer, Minister of State for Financial Affairs, today headed the UAE delegation in the Israeli capital, Tel Aviv. The delegation included Abdullah …
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TEL AVIV, 20th October, 2020 (WAM) The United Arab Emirates, the United States of America, and Israel, have announced the establishment of the Abraham Fund, which fulfils a commitment made in the Abraham Accords. Through this fund, the UAE, the US International Development Finance Corporation, and Israel will mobilise more …
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ABU DHABI, 19th October, 2020 (WAM) An Emirati delegation, led by Khadim Abdulla Aldarei, Co-Founder and the Vice Chairman of Al Dahra Holding, has visited Israel upon an invitation from Netafim, one of Israel’s leading companies in the field of innovative irrigation solutions and advanced agriculture, under the patronage of …
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Abu Dhabi, October 14, 2020 The UAE Research Program for Rain Enhancement Science (UAEREP) today announced the targeted research areas of the program’s fourth cycle, which will be open for proposal submissions in early 2021. These areas were selected by a team of international atmospheric research experts based on the …
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Abu Dhabi 14 October 2020 WAM His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, chaired the first meeting of the General Budget Committee, in the presence of His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential …
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