Genesis UAE sales achieve 131% growth in 2022
Genesis UAE witnessed an astounding 131% growth compared to 2021, driven primarily by the GV70, a premium urban SUV featuring a design that maximises the brand’s athletic elegance. Also notching huge sales is GV80, the first SUV by Genesis and the G80, a mid-size luxury sedan boasting advanced safety technology and performance. The surge in […]
Abu Dhabi’ ADEK announces Educational Cost Index results for academic year 2023/24
Abu Dhabi Department of Education and Knowledge (ADEK) has revealed the results of the Educational Cost Index (ECI) and announced the approved structure for an optional increase of tuition fees for the academic year 2023/24. The announcement follows a three-year pause in tuition fees to support parents during the pandemic and recovery period. The […]
Emirates Stallions Group to sell stake in WFC Holding LLC
Abu Dhabi-listed Emirates Stallions Group (ESG) will seek shareholder approval to sell its share in subsidiary WFC Holding LLC for AED 314.58 million ($85.6 million). The company announced in a bourse filing to Abu Dhabi Securities Exchange (ADX) that it intends to sell its share to Reach Global Services Holding 1 SPV and one of […]
Abu Dhabi National Exhibition Centre prepares for major global events in next 3 months
Over the next three months, ADNEC Group’s Abu Dhabi National Exhibition Centre will witness a busy season with more than 15 global events, exhibitions, and conferences, many of which will be held for the first time in the Middle East and Abu Dhabi. The events are set to attract a wide range of exhibitors, […]
DEWA calls on the public to watch livestreaming of the launch of DEWA-SAT2
Dubai Electricity and Water Authority (DEWA) has called upon the public to watch the live streaming of the launch of its second nanosatellite ‘DEWA Sat-2’. The 6U nanosatellite for remote sensing applications will be launched on Wednesday, 12th April 2023 from 10:30 am UAE time. The nanosatellite will be launched by SpaceX Falcon 9 […]
COP28 President-designate calls on all partners to unite around pragmatic, well-managed and just energy transition
Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and COP28 President-designate, delivered the keynote speech at the Berlin Energy Transition Dialogue 2023 (BETD), during which he called on Germany and the international community to come to unite around a pragmatic and just energy transition that maintains energy security today while […]
Etihad Airways completes inaugural flight to Beijing Daxing International Airport
Etihad Airways began its first scheduled flight between Abu Dhabi and Beijing Daxing Airport yesterday. The inaugural flight EY888, operated using a Boeing 787 Dreamliner, marked the move of regular flights from Abu Dhabi to Beijing Daxing International Airport (PKX). Previously Etihad operated to Beijing Capital International Airport. Arik De, Chief Revenue Officer of Etihad […]
Indian rupee drops against UAE dirham as oil prices firm up
The Indian rupee declined by 10 paise to 82.26 against the US dollar (22.41 versus the UAE dirham) in opening trade on Wednesday due to firm crude oil prices and a stronger greenback. Early gains in Indian stock markets also restricted the rupee’s losses against the dollar. At the Indian interbank foreign exchange market, the […]
GRID GROWTH: Dubai Electricity and Water Authority shares T&D numbers for 2022
Dubai Electricity and Water Authority’s (DEWA) announced on Wednesday the growth numbers for its electricity, water transmission and distribution grids in 2022. The total length of electricity transmission lines reached 4,332 kilometres (km) The total length of electricity distribution lines – underground cables increased to 37,541 km. The total length of electricity distribution lines – […]
DEWA’s electricity transmission and distribution lines reached 42,586.71 kms last year
Dubai Electricity and Water Authority (DEWA)’s electricity, water transmission and distribution lines witnessed substantial growth across Dubai in 2022. The total length of transmission and distribution electricity lines has reached 42,586.71 kilometres, and the water transmission and distribution lines has reached 13,769 kilometres. Saeed Mohammed Al Tayer, MD & CEO of DEWA, highlighted DEWA’s […]