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Month: March 2024

Dubai Taxi Company delivers 2023 net profit growth of 54% YoY to AED345.3 mn; approves dividend of AED71 million

March 1, 2024 by admin

DUBAI: Dubai Taxi Company PJSC (DTC), today announced its financial results for the year ended 31st December 2023, delivering a strong performance while also completing its landmark listing on the Dubai Financial Market (DFM) in December.

Revenue for…

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State support essential for famers who face life-and-death situation: Indonesian official

March 1, 2024 by admin

ABU DHABI: State support for agriculture is essential in Indonesia and other developing countries as farmers are facing life-and-death situation due to multiple challenges, according to Djatmiko Bris Witjaksono, the Director-General of International T…

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Harnessing AI and advanced operational techniques: EtihadWE highlights pioneering initiatives at MOEI Innovation Week

March 1, 2024 by admin

ABU DHABI: Etihad Water and Electricity (EtihadWE) showcased a range of its Pioneering initiatives and projects during the “Innovation Week,” organised by the Ministry of Energy and Infrastructure (MOEI) over three days, concurrently with the “UAE Inn…

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EU gives EUR1 million to support trade know-how in developing economies, LDCs

March 1, 2024 by admin

ABU DHABI: The European Union is contributing EUR 1 million (about CHF 950,000) over the period 2024-2025 to finance training programmes for government officials from developing economies, including least-developed countries (LDCs). The contribution t…

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Switzerland backs plurilaterals at WTO to drive global investments, climate action

March 1, 2024 by admin

ABU DHABI: Switzerland supports the plurilateral initiatives in the World Trade Organisation (WTO) for their important role in driving global investments and climate action, according to the country’s head of the State Secretariat for Economic Affairs…

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DLD honours owner of real estate investment transaction number ‘1,000,001’

March 1, 2024 by admin

DUBAI: Dubai Land Department (DLD) concluded its participation in the International Property Show – IPS 2024, which spanned three days with the involvement of 125 local and international exhibitors. The event provided a platform for exchanging experti…

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ADIB shareholders approve dividend of 71 fils per share for 2023

March 1, 2024 by admin

ABU DHABI: Abu Dhabi Islamic Bank (ADIB) has announced that its General Assembly has approved a cash dividend of AED2.595 billion, 71 fils per share for the fiscal year ending 31st December 2023. This represents an increase from 49 fils per share in 2…

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Start-up of Unit 4 of Barakah Plant a historic milestone for UAE Nuclear Energy Programme: FANR

March 1, 2024 by admin

ABU DHABI: Since issuing the Operating Licence in November 2023 for Unit 4 of the Barakah Nuclear Power Plant, the Federal Authority for Nuclear Regulation (FANR) has continued its regulatory oversight: starting with fuel loading, testing until reachi…

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Nawal Al Hosany becomes first person from Middle East to receive Energy Institute’s President’s Award

March 1, 2024 by admin

LONDON: Dr. Nawal Al Hosany, Permanent Representative of the UAE to the International Renewable Energy Agency (IRENA), received the Energy Institute’s President’s Award, in recognition of her outstanding efforts to accelerate the energy transition, re…

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Ahmed bin Tahnoun boards Etihad Rail prototype passenger train from Abu Dhabi to Dubai

March 1, 2024 by admin

ABU DHABI: Major General Staff Sheikh Ahmed bin Tahnoun Al Nahyan, Deputy Chief of Staff of the UAE Armed Forces, experienced a journey on board Etihad Rail’s prototype passenger train, departing from Al Faya, Etihad Rail’s main operations and mainten…

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Sheraa partakes in Web Summit Qatar 2024 highlighting Sharjah’s thriving startup ecosystem

March 1, 2024 by admin

DOHA: The Sharjah Entrepreneurship Centre (Sheraa) continues its drive to make an impact at the current Web Summit Qatar, taking place from 26th to 29th February at the Doha Exhibition and Convention Centre (DECC).

Sheraa’s participation as a platinu…

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Start-up of Unit 4 signals advance towards commercial operations at Barakah Nuclear Energy Plant

March 1, 2024 by admin

ABU DHABI: The Emirates Nuclear Energy Corporation (ENEC) today announced that its operating and maintenance subsidiary, Nawah Energy Company, has successfully started-up the reactor of Unit 4 of the Barakah Nuclear Energy Plant (Barakah Plant), signi…

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