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July 1, 2022

The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) has launched in cooperation with Al Foah-Agthia new channels to market dates

The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA), in cooperation with Al Foah- a part of Agthia Group PJSC, a leading regional food and beverages company, announced today the launch of alternative sales channels to trade dates. These additional sales channels have been created for farmers to use for all of their dates outside the subsidy ceiling to support them in selling their dates at competitive prices.

The announcement came during a press conference held at ADAFSA’s headquarters on Wednesday, in the presence of several major dates’ producers and marketers in the UAE. This is considered the official launch of the alternative sales channels which will [...]

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July 1, 2022

Theyab bin Mohamed bin Zayed inaugurates Saeed bin Ahmed Al Otaiba Street

Under the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE and Ruler of Abu Dhabi, His Highness Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Chairman of Abu Dhabi Crown Prince Court, Member of the Executive Council has inaugurated Saeed Bin Ahmed Al Otaiba Street — formerly Delma Street — in recognition of contributions to Abu Dhabi’s economy and cultural heritage by the poet and former Chairman of Abu Dhabi Chamber of Industry and Commerce.

The ceremony to inaugurate the street was attended by His Excellency Dr Mugheer Khamis Al Khaili, Chairman of the Department of Community Development, and Member of the Executive Council, and [...]

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July 1, 2022

Mother Teresa Memorial Awards for Social Justice take place in Abu Dhabi

Under the patronage of Sheikha Fatima bint Mubarak, the Mother Teresa Memorial Awards for Social Justice took place at Manarat Al Saadiyat, Abu Dhabi, on 30 June 2022. Hosted by Supreme Council for Motherhood & Childhood, the awards promote justice and peaceful coexistence.

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July 1, 2022

AD Ports Group Agrees to Acquire Majority Stakes in Egypt’s Transmar and Transcargo International (TCI)

AD Ports Group, the vertically integrated trade enabler, today announced that it has reached an agreement to acquire a 70 percent equity stake in International Associated Cargo Carrier B.V., which wholly owns two Egypt-based maritime companies, Transmar International Shipping Company (“Transmar”) and Transcargo International S.A.E. (“TCI”).

The total purchase consideration (Enterprise Value) of this transaction amounts to AED 514 million (USD 140 million). The acquisition will be fully funded from AD Ports Group’s existing cash reserves, which stood at over AED 3 billion as of March 31, 2022. It is the first international acquisition realised by AD Ports [...]

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July 1, 2022

Mohammed bin Rashid awarded ‘Mother Teresa Memorial Award for Social Justice’

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai was awarded the Mother Teresa Memorial Award for Social Justice, in recognition of his efforts to protect the environment and ensure sustainable development, as well as for prioritising sustainability and achieving a balance between economic and social development and environmental protection.

He was awarded the prize during a ceremony held in Manarat Al Saadiyat, Abu Dhabi, under the patronage of H.H. Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union (GWU), President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of [...]

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July 1, 2022

DMCC reports its best ever H1 performance, registering 1,469 new companies in the first half of 2022

DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has reported its best-ever performance in the first half of a year, registering 1,469 new companies in the first six months of 2022. This represents a 19% increase over the same period last year. In June alone, DMCC welcomed 323 new businesses to its Free Zone and business district, the best monthly performance since its inception. Following on from the record-breaking 2021, in which DMCC attracted 2,485 new members, DMCC is now home to over 21,000 businesses.

DMCC’s persistent growth was driven by strong demand from international markets including Europe, China, [...]

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June 30, 2022

The National Experts Program Launches Its Third Edition With Applications to Open on 1 July

The National Experts Program (NEP) today launched its third edition and will be accepting applications from the 1st of July 2022. The program is a launchpad for Emirati technical experts who wish to play a leading role in the transformation of future-growth sectors aligned with the UAE’s national priorities.

Introduced in 2019 and held under the direction of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, NEP fosters the development of sector leaders and technical experts who will help shape the country’s future. The program cultivates a pool of Emirati professionals recognized as outstanding performers in their field and equips them to [...]

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June 30, 2022

Fifteen Renowned Abu Dhabi Establishments Receive First Ever Urban Treasures Accolade

The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has officially unveiled at a special ceremony the 15 recipients of the 2021 Urban Treasures Award — the establishments considered historically significant across Abu Dhabi and proudly identified as part of the city’s vibrant cultural and urban scene.

DCT Abu Dhabi’s new initiative has been developed to award establishments the prestigious Urban Treasures accolade each year, recognizing cafes, restaurants, bakeries, tailors, fabric stores, perfumeries, jewelers, photography studios and more, all of which have in some way contributed to Abu Dhabi’s cultural and social narrative for more than 20 [...]

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