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Month: May 2023

Posted on 15/05/2023

11 Abu Dhabi executives in Forbes Top 100 tourism leaders

Eleven Abu Dhabi executives have been named in Forbes Middle East’s Top 100 Travel and Tourism Leaders list for 2023, recognising ongoing efforts to advance development of the tourism and hospitality …

Posted on 15/05/2023

EDF and ENGIE consortium reaches financial close on Abu Dhabi’s Road Lighting LED project

The project, which will be delivered by Nojoom, a joint venture between EDF and ENGIE, involves the finance, supply, installation, operation, and maintenance of over 133,000 LED energy-efficient …

Posted on 15/05/2023

Abu Dhabi TAQA’s Q1 net profit at $3.2bln on ADNOC stake boost

Abu Dhabi National Energy Company (TAQA) posted Q1 2023 net profit of 11.6 billion dirhams ($3.2 billion) versus AED 1.89 billion for the year-ago period mainly driven by a one-off gain of AED10.78 …

Posted on 15/05/2023

UAE uses 100,000 tonnes of waste to power 2,000 homes

Sharjah Waste to Energy plant has produced enough energy to power more than 2,000 homes annually. UAE uses 100,000 tonnes of waste to power 2,000 homes. Beeah, Clean Energy, clean technology, …

Posted on 15/05/2023

UAE public holidays: Residents to have 3 more long weekends in 2023

The UAE residents will enjoy their second – and the longest – break next month on the eve of Eid Al Adha. The first long break of the year was marked on the occasion of Eid Al Fitr in April. According …

Posted on 15/05/2023

UAE: Gold prices edge up in Dubai in early trade

Gold prices edged up in Dubai and globally on Monday morning as the US debt ceiling stalemate and concerns of an economic slowdown steered some traders towards the safe-haven metal. Spot gold was up 0 …

Posted on 15/05/2023

Powertech Mobility offers potential to enhance the UAE’s Electric Vehicle energy management

Powertech Mobility, one of the leading providers and system integrators of Electric Vehicle (EV) Infrastructure in the UAE is empowering Charge Point Operators (CPOs) and EV owners to optimize their …

Posted on 15/05/2023

US$1 Million Up For Grabs As Part Of ADNOC’s Newly Launched Global Decarbonization Technology Challenge

UAE-based energy company and offshore oil producer Abu Dhabi National Oil Company (ADNOC) has launched the Decarbonization Technology Challenge, a global competition aimed at finding innovative energy …

Posted on 15/05/2023

UAE President and Pakistan’s Army Chief discuss enhancing bilateral relations

Sheikh Mohamed emphasised the Emirates’ commitment to supporting all that achieves unity and stability in the friendly country …

Posted on 15/05/2023

‘World’s largest ocean restoration project’ designed for Dubai

Sustainable city developer URB has produced designs for 77 square miles of artificial reef off the coast of Dubai.

Posted on 15/05/2023

Dubai’s driverless future: 7 exciting modes of transport that don’t require a cabbie, pilot or driver

From roads to the sea and air, vehicles without anyone in the driving seat whizzing across the Emirate will be a common sight …

Posted on 15/05/2023

Dubai: Global Village to have more shows, experiences in next year’s edition

Dubai Holding Entertainment, the largest infotainment group in the region, is looking to aggressively expand experiences and entertainment options for the visitors in its existing portfolio, including …

Posted on 15/05/2023

COP28 President-Designate calls for action to transform, decarbonise and future-proof economies at UAE Climate Tech

Over 1,500 leaders from technology companies, major industries, finance, government, civil society, and the energy sector convene in Abu Dhabi for UAE Climate Tech. UAE Climate Tech provides platform …

Posted on 15/05/2023

Abu Dhabi posts 18pc increase in non-oil trade

From Dh7.14 billion ($1.94 billion) in the first quarter of 2003, Abu Dhabi’s non-oil trade soared by 18 per cent to Dh8.5 billion ($2.3 billion) in the first quarter of 2004. Imports swelled by …

Posted on 15/05/2023

Dubai fintechs have $615m in funding power – and that is from 2022 alone

The fintech sector has emerged as a key driver of innovation and economic growth in line with Dubai’s Economic Agenda (D33) and be one of the top four global financial hubs, said Kazim at the …

Posted on 15/05/2023

Crypto companies are playing poker with the SEC as agency cracks down on the industry

Dubai and Europe have proven to be much more favorable markets with their virtual asset regulatory frameworks, Garlinghouse said, adding: “The United States is definitely stuck.” Garlinghouse, …

Posted on 15/05/2023

HE Dr Sultan Al Jaber Leads UAE Delegation At GCC Industry Meetings

The UAE is committed to strengthening relations and cooperation with Gulf countries to increase investments and promote sus …

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