Abu Dhabi / WAM Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, President-Designate for COP28, and Chairman of Masdar, conferred with Bruno Le Maire, France’s Minister of the Economy, Finance, and Industrial and Digital Sovereignty, as part of the French minister’s visit to the UAE. In light of the COP28 climate change conference, the UAE ...
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Arada completes 1,621 new homes in East Village
Sharjah / WAM Arada announced the completion of the first homes in East Village, the third residential phase in its AED24 billion Sharjah megaproject Aljada. In total, 1,621 apartments have been finished across 14 buildings. Featuring 2,000 units in total, East Village is targeted at the younger generation and consists of 16 apartment blocks that are characterised by fresh ...
Read More »ADCB net profit surges 23% to AED6.43 billion in 2022
Abu Dhabi / WAM Abu Dhabi Commercial Bank (ADCB) on Tuesday reported its financial results for fiscal year (FY) 2022, with AED6.434 billion in net profits, an increase of 23 percent compared to FY 2021. The bank’s net interest income was to the tune of AED10.194 billion, an increase of 15 percent compared to FY 2021, while non-interest income ...
Read More »Emirates NBD inks deal to offer clients instant trading access
Dubai / WAM Emirates NBD Securities, a leading brokerage firm in the UAE, has partnered with Abu Dhabi Securities Exchange (ADX) to provide traders with instant access to the exchange’s listed companies, enabling it to offer instant trading account opening and digital onboarding to another UAE stock exchange. The partnership will allow more than one million Emirates NBD customers to ...
Read More »â€˜Dubai in the Year 1962’ photo exhibition held
Dubai / WAM Dubai Culture and Arts Authority (Dubai Culture), in cooperation with the Consulate General of Japan in Dubai, organises a photo exhibition “Dubai in the Year 1962â€. This photo exhibition will be held at Al Safa Art and Design Library until March 17, to celebrate the 50th anniversary of the establishment of diplomatic relations between the UAE and ...
Read More »DoH unveils Abu Dhabi Life Science Hub in metaverse
Abu Dhabi / WAM The Department of Health – Abu Dhabi (DoH), the regulator of the healthcare sector in the emirate, launched the Abu Dhabi Life Science Hub in the Metaverse during Arab Health 2023, strengthening the emirate’s positioning as a life science hub The experience aims to recreate the emirate’s life science ecosystem in the metaverse through connecting ...
Read More »Sharjah Biennial 15 set to open next week
Sharjah / WAM The Sharjah Art Foundation will host the 15th edition of the Sharjah Biennial from February 7 to June 11. The event will feature over 150 artists and collectives from 70+ countries and showcase over 300 artworks, including 70 new works. The biennial, curated by Hoor Al Qasimi, will take place across 19 venues in 5 cities ...
Read More »Arada completes 1,621 new homes in East Village in Sharjah
Sharjah / WAM Arada has announced the completion of the first homes in East Village, the third residential phase in its AED24 billion Sharjah megaproject Aljada. In total, 1,621 apartments have been finished across 14 buildings. Featuring 2,000 units in total, East Village is targeted at the younger generation and consists of 16 apartment blocks that are characterised by ...
Read More »Boeing ends 747 jumbo jet production after 54 years
Bloomberg The first and final 747 jumbo jet models both started with a handshake deal. Back in the mid-1960s, the leaders of Boeing Co. and PanAm came to an agreement that if the US planemaker pushed ahead with the audacious new design, the airline would in turn go ahead and buy the giant jetliner. That gentleman’s agreement would kick-start ...
Read More »UK to reinstate airports slots rules this summer
Bloomberg The UK will reinstate utilisation rules that mandate airlines use their allocated airport take-off and landing slots or lose them in the next season as travel rebounds from the pandemic. Airlines will be required to use 80% of their airport slots this summer in order to retain them, the Department for Transport said. Carriers will still be able to ...
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