Author: News Desk

Netherlands: The World Energy Council has honored Dr. Sultan Al Jaber, the President of COP28 and Minister of Industry and Advanced Technology, with an award for his leadership in advancing the energy transition by delivering the historic UAE Consensus. Ahead of today’s World Energy Congress, Dr. Al Jaber was presented with the inaugural World Energy Leadership Awards, one of four, during the Council’s Centennial Dinner. His work on the UAE Consensus and his establishment of coalitions for the Net Zero energy transition across several energy sectors were recognized with this award. In his acceptance address, the President stated that the…

Ras Al Khaimah: Dr. Amna bint Abdullah Al Dahak, the Minister of Climate Change and Environment (MOCCAE) has visited the fishing port in the Ghalilah neighborhood of Ras Al Khaimah. As part of the initiatives to improve fishermen’s ports across the nation in cooperation with strategic partners, she looked over the port development project and got updates on the maintenance work that is currently happening. The visit was prompted by the recent weather conditions and heavy rainfall in the UAE. It is also a part of the Ministry’s continuous commitment to inspecting ports and facilities that assist fishermen and farmers,…

Sharjah: The Sharjah Social Services Department has unveiled the Aman Safety Network for Those Affected by the Weather initiative to support those impacted by the country’s recent weather and encourage a sense of social responsibility among individuals and organizations. In response to the initiative, Sharjah Media City (Shams) moved quickly to become the first government organization to join the network. The network’s goal is to establish dependable channels for the government and private sector to receive donations to support the affected individuals and families as soon as possible, depending on the circumstances of each case. The goal of the Aman…

Abu Dhabi: The Department of Municipalities and Transport (DMT) continues to coordinate with affiliates and strategic partners in response to the adverse weather conditions witnessed across Abu Dhabi. Through proactive measures taken in response to the interruption caused by strong winds and unusual downpours, progress has been achieved in ensuring the continuation of services and infrastructure throughout the emirate. Collaborating with relevant parties, DMT implemented feasible strategies in advance of the storm to lessen its projected effects on neighborhood infrastructure. DMT moved quickly to implement its emergency contingency plan as soon as specialized personnel established that the impact of strong…

Dubai: The second edition of the Infrastructure NOC (No-Objection Certificate) Technical Manual was released by the Dubai Electricity and Water Authority (DEWA) as a resource for developers, contractors, and consultants that hold accreditation from DEWA. This is a component of DEWA’s initiatives to encourage trade within the Emirate. The procurement of water and electricity services by the highest international standards and practices for efficiency, quality, and dependability is made easier and faster with the aid of this manual. DEWA has introduced 17 new project types to the Manual in this version, for a total of 67 projects. It also contains…

Abu Dhabi:  The UAE President Sheikh Mohamed bin Zayed Al Nahyan has honored eight individuals for their outstanding services to communities throughout the UAE in the 11th edition of the Abu Dhabi Awards ceremony, held in Qasr Al Hosn in Abu Dhabi. The Awards honored people whose efforts in a variety of areas, including community awareness, education, sustainability, medical, humanitarian relief, and the empowerment of People of Determination, had positively impacted the United Arab Emirates. Congratulating all the honorees, Sheikh Mohamed bin Zayed Al Nahyan acknowledged their noteworthy contributions to society and their inspirational endeavours. The President said that, “The…

Abu Dhabi: Romania’s prime minister, Ion-Marcel Ciolacu, has toured the Sheikh Zayed Grand Mosque during his official visit to the United Arab Emirates. Senior Romanian officials, Bogdan Octavian Badica, the ambassador of Romania to the UAE, and Sultan Mohammed Al-Ali, the ambassador of the UAE to Romania, accompanied Ion-Marcel Ciolacu. The final resting place of the late Sheikh Zayed bin Sultan Al Nahyan was visited by the Romanian prime minister and his delegation to start their tour. They reminisced about the traits and astute approach of the Founding Fathers, which enhanced the global culture of peace and tolerance. The Sheikh…

Abu Dhabi: The deadline for submitting applications for the second edition of the Sard Al Thahab Award has been extended by the Abu Dhabi Arabic Language Centre (ALC) to May 31, 2024. This will increase the number of individuals who could apply for the Award, which is based on the ideas and poetry of the late Sheikh Zayed bin Sultan Al Nahyan, the UAE’s founding father. Dr. Ali bin Tamim, Chairman of the ALC, observed that, “Given the overwhelming demand for participation in the second edition of the Sard Al Thahab Award, the Abu Dhabi Arabic Language Centre has decided…

Dubai: xCube, a well-known market-making and trading platform with headquarters in Dubai, has launched UAE’s first completely Automated Securities Lending and Borrowing (SLB) for individual investors. By managing all components of the SLB process directly through the xCube application, customers will be able to manage trading activities on the Dubai Financial Market (DFM) more efficiently and without the need to hire a broker, thanks to this market advancement. In the well-known SLB practice, investors lend their holdings of assets to third parties in return for a fee in the world’s financial markets. This facilitates market players’ access to securities for hedging…

Abu Dhabi: The UAE Ministry of Finance (MoF) has launched a digital public consultation to gather the views of relevant stakeholders on the potential implementation of a Research & Development (R&D) Tax Incentive under the UAE Corporate Tax law. The consultation will be open from 19 April to 14 May 2024, and accessible via the Ministry’s website. The digital public consultation reflects the Ministry’s belief in the importance of consulting with all stakeholders including businesses operating in the UAE, advisors, service providers, institutions and investors. The purpose of the consultation is to understand the scope of potential R&D activities undertaken…