ABU DHABI, 21st May, 2020 (WAM) The Higher Shari’ah Authority at the Central Bank of the UAE, CBUAE, has hosted the 2nd meeting of the Centralised Shari’ah Authorities to discuss the economic implications of COVID-19 pandemic and the different measures and resolutions undertaken by the Centralised Shari’ah Authorities to mitigate …
Read More »ADQ to acquire 50 percent stake in Al Dahra Holding Company
ABU DHABI, 13th May, 2020 (WAM) ADQ, one of the region’s largest holding companies, has agreed to acquire a 50 percent stake in Al Dahra Holding Company, a multinational agribusiness leader that specialises in animal feed and essential food commodities. The acquisition of the stake in Abu Dhabi-based Al Dahra …
Read More »Emirates resumes passenger flights to 9 destinations
DUBAI, 13th May, 2020 (WAM) Emirates has announced its plan to operate scheduled flight services from 21st May to nine destinations: London Heathrow Frankfurt, Paris, Milan, Madrid, Chicago, Toronto, Sydney and Melbourne. In a statement by the airline on Wednesday, Emirates will also offer connections in Dubai for customers travelling …
Read More »Nine high-risk industrial facilities approved to implement Occupational Safety and Health Management Systems in Q1: ADDED
ABU DHABI, 10th May, 2020 (WAM) The Industrial Development Bureau, IDB, of the Abu Dhabi Department of Economic Development, ADDED, has announced in Q1 of 2020, that a further nine high-risk industrial entities have had their Occupational Safety and Health Management Systems, OSHMS, approved in compliance with the Abu Dhabi …
Read More »DP World supports Senegal in fighting COVID-19
DUBAI, 10th May, 2020 (WAM) DP World Dakar has kept trade flowing in the fight against the spread of COVID-19 in Senegal, working to make certain that vital goods such as food and medical supplies can get through, while ensuring strict health and safety measures are in place to protect …
Read More »ADNOC Distribution opens four drive-through neighborhood stations
ABU DHABI, 10th May, 2020 (WAM) ADNOC Distribution today announced the opening of four new ‘ADNOC On the Go’ neighbourhood service stations in Abu Dhabi, bringing fuel and retail closer to its customers in communities where traditional stations would be impractical. The “next-generation stations” allow customers to shop at ADNOC …
Read More »1.33 billion dirhams of Dubai real estate transactions in a week
Dubai, April 30, 2020 and mother Real estate activities in the Department of Lands and Properties in Dubai achieved more than 1.33 billion dirhams this week. The Department witnessed the registration of 287 sales of 568.18 million dirhams, of which 34 were land sales of 182.6 million dirhams, and 253 …
Read More »UAE stocks gain AED32.5 bn in three successive sessions
ABU DHABI, 28th April, 2020 (WAM) Against all odds, the UAE stocks secured combined gains of circa AED32.5 billion over the three sessions conducted since the beginning of Ramadan after upbeat sentiments earned traders today in the country’s two main bourses around AED5.7 bn in market cap, driven by a …
Read More »The “Securities” Board of Directors discusses measures to contain the effects of Corona on the markets
Abu Dhabi, April 28 2020 WAM The Board of Directors of the Securities and Commodities Authority chaired by His Excellency Engineer Sultan bin Saeed Al Mansoori, Minister of Economy and Chairman of the Board of Directors, held the fifteenth meeting of the sixth session of the Council using visual communication …
Read More »Abu Dhabi Power Corporation announces world’s lowest tariff for solar power
ABU DHABI, 28th April, 2020 (WAM) Abu Dhabi Power Corporation (ADPower) announced today the world’s lowest tariff for solar power. This came as ADPower’s subsidiary, Emirates Water and Electricity Company (EWEC), delivered a virtual read-out of five consortia’s technical and commercial bids for the 2 GW Solar Photovoltaic (PV) Independent …
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