The solar power tower located in the Mohammed bin Rashid Al Maktoum Solar Park in Dubai stands at an impressive height of 262.44 metres, making it the tallest in the world. This project follows the Independent Power Producer (IPP) model and has attracted investments of up to Dh15.78 billion. Its primary objective is to generate clean energy for approximately 320,000 residences, resulting in a significant reduction of carbon emissions by 1.6 million tonnes annually.
Author: UAEPress_Admin
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Dubai Ruler issues law over use of emblem for the emirate
Sheikh Mohammed bin Rashid, the Vice President and Ruler of Dubai, has recently issued a new legislation pertaining to the utilization of the official emblem for the emirate. In accordance with this law, which was announced on Monday, Sheikh Mohammed has declared that "This emblem is the exclusive property of the emirate of Dubai, protected by this Law and its accompanying regulations.
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GPSSA to improve employment service termination decisions for insured Emiratis
The General Pension and Social Security Authority (GPSSA) has launched the “End it right” campaign to support insured Emiratis in taking constructive strides towards understanding the technicalities behind the UAE Pension Law, thus securing their insurance rights and privileges when deciding to retire or end their employment contract.
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Abu Dhabi’s non-oil economy grows 12.3% in second quarter to hit highest level since 2014
The gross domestic product (GDP) of the Emirate experienced a significant boost of 3.5% overall. Specifically, Abu Dhabi's non-oil GDP saw a remarkable annual growth of 12.3% in the second quarter of this year, reaching a total of Dh154 billion ($41.96 billion).
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President of Paraguay receives UAE FM to discuss climate action
President Santiago Peña of Paraguay has received in the capital, Asunción, Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs.
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President of Paraguay receives UAE Foreign Minister to discuss climate action
President Santiago Peña of Paraguay has received in the capital, Asunción, H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs.
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ADJD delegation discovers missions of digital forensic research centre in Seoul
The delegation from the Abu Dhabi Judicial Department (ADJD) concluded a successful working visit to the judicial institutions of the Republic of South Korea, including the National Digital Forensic Research Centre and the Supreme Prosecutors' Office of the Republic of Korea (SPO).
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Dubai Chamber Of Digital Economy Launches ‘Business In Dubai’ Platform
Dubai Chamber of Digital Economy, one of the three chambers operating under the umbrella of Dubai Chambers, has launched ‘Business in Dubai,’ a new platform designed to further enhance Dubai’s favourable business environment by simplifying a range of processes for companies seeking to launch or expand their activities in the emirate. The initiative comes as part of the chamber’s drive to ensure an enabling business environment that empowers digital companies to thrive and contribute to the goals of the Dubai Economic Agenda (D33).
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Economic Integration Committee discusses an array of initiatives aimed at solidifying UAE’s position as a permanent hub for global talent in new economy sectors
The Economic Integration Committee held its fourth meeting for the year 2023, chaired by Abdulla bin Touq Al Marri, Minister of Economy. Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and the representatives of the UAE’s local economic development departments also attended the meeting.
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AED 123.3 bn market size of 100 investment opportunities under ‘Abu Dhabi Channel Partners’ to enhance industrial ecosystem: ADDED
Ahmed Jasim Al Zaabi, Chairman of the Abu Dhabi Department of Economic Development (ADDED) has unveiled that ADDED will provide 100 investment opportunities, with a combined market size of AED 123.3 billion (US Dollar 33.5 billion) by 2027 under the ‘Abu Dhabi Channel Partners’, launched as part of Abu Dhabi Industrial Strategy’s (ADIS) initiatives to enhance industrial ecosystem by providing detailed guides of investment opportunities and tailored incentives packages to address the needs of key players and investors.