Dubai Chamber of Digital Economy announces events and activities planned for GITEX Global 2022
Dubai Chamber of Digital Economy will host a series of high-level events, meetings and activities as a strategic partner at North Star Dubai, the largest startup event in the Middle East, Africa and South Asia, organised as part of GITEX Global 2022. With the Chamber’s support, record participation is expected at North Star […]
Dubai’s RTA to showcase driverless taxis for the first time during Gitex
Dubai’s Roads and Transport Authority (RTA) has revealed an extensive collection of smart initiatives, applications, and stations it will showcase at the 42nd edition of GITEX 2022, which commences tomorrow, Monday, at the Dubai World Trade Centre. At the event, RTA will exhibit the self-driving Cruise vehicle built on the Chevrolet Bolt electric platform […]
Charitable group secures $500,000 for flood victims in Pakistan
A charitable organisation that works for the upliftment of the Memon community around the world has succeeded in securing pledges of $500,000 for the housing rehabilitation of those affected by floods in Pakistan. This was achieved by the World Memon Organisation (WMO) that held its biennial meeting in Dubai this weekend, while also […]
Abu Dhabi achieves world’s highest vaccination rate at almost 100%
Abu Dhabi achieved the highest vaccination rate in the world at nearly 100 per cent, the Department of Health-Abu Dhabi (DoH) has announced. “Through the vaccination campaign launched by Abu Dhabi, the Emirate was able to achieve the highest vaccination rate worldwide at nearly 100 per cent,” the DoH said on Facebook. According to […]
Oman Rail-Etihad Rail JV Company’s board of directors holds inaugural meeting
The Board of Directors of Oman Rail-Etihad Rail JV Company, a joint venture between Oman Rail, the developer and operator of the Oman national Rail Network, and Etihad Rail, the developer and operator of the UAE National Rail Network, held its inaugural meeting in Dubai, two days after signing an agreement to form […]
Al Quoz Creative Zone’s master plan approved, to be rolled out over 4 years
The Higher Committee of the Al Quoz Creative Zone today approved the master plan for the Al Quoz Creative Zone during a meeting chaired by H.H. Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority (Dubai Culture) and Member of the Dubai Council. The master plan provides a […]
AD Ports reaches key milestone in new terminal work
AD Ports Group has installed the first 90-tonne block for the quay wall of the new CMA Terminals Khalifa Port, marking the major development milestone with a special ceremony. Announced in September 2021, the development of the new terminal is on track with budgeted capital expenditure of AED3.3 billion. The terminal is expected […]
ADNOC ‘in talks’ to acquire or invest in energy trader Gunvor Group – report
Abu Dhabi National Oil Company (ADNOC) is reportedly looking for a partial or full acquisition of Geneva-based Gunvor Group, according to a Bloomberg report. The state-run oil producer has conducted “early-stage talks” about the potential acquisition, Bloomberg reported, citing sources who asked not to be named. Gunvor is one of the world’s largest independent commodities […]
Feriglobe records block trading deal of $101.08mln
The Abu Dhabi Securities Exchange (ADX) announced a block trading deal of AED 371.35 million on the shares of Feriglobe, a joint venture (JV) between ADNOC and OCI. The transaction was carried out on 65.15 million of the company’s shares, equivalent to 0.8% of the UAE-based company’s shares, according to recent official data. […]
ARIA Commodities launches 4 projects worth $42mln in HFZA
ARIA Commodities, a leading player in the field of asphalt and distillates and storage infrastructure development, has announced it will invest a total of AED 154 million ($42 million) in the construction of four plants in the Hamriyah Free Zone (HFZA), including a bitumen plant, a refinery, a tyre cycling plant, and a storage […]