Dubai / WAM The UAE has ranked among top 20 countries globally in the fixed broadband index with the fastest average download speeds in May 2021, according to the latest data from Ookla, a global leader in fixed broadband and mobile network testing applications, data and analysis. “This global achievement is a testimony to UAE leadership’s vision and commitment in ...

ABU DHABI / WAM Under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, the 15th edition of Al Dhafra Festival will be held from October 28, to January 22, 2022. HH Sheikh Mohamed issued directives to expand the festival to include camel mazayna (beauty ...

Sharjah / WAM A total of 48,191 inspection campaigns were carried out on various economic establishments in Sharjah during the second quarter of 2021, achieving a growth of 288 percent compared to the second quarter of last year, according to Sharjah Economic Development Department (SEDD). Salim Al Suwaidi, Deputy Director of Commercial Control and Protection Department at SEDD, said the ...

SHARJAH / WAM The Organising Committee of the Al Dhaid Date Festival has finalised all preparations to launch the 5th edition of the festival, which is organised by the Sharjah Chamber of Commerce and Industry (SCCI) from July 22-25. Mohammed Ahmed Amin Al-Awadi, Director-General, SCCI, stated the preparations are in full swing to organise a distinguished season of the festival ...

Emirates Business Zurich Capital Funds Holding (the ZCFH’) marked the beginning of an exciting new chapter in its ongoing journey towards expanding its investment portfolio with the launch of its new mobile banking. ZCFH headquartered in GCC & Africa, mobile banking company Rezq -Baraka (the ‘Rezq), the only mobile Shariah compliant &digital bank in the world, raises $20 million for ...

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP), announced that it conducted 299,275 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Saturday, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary ...

Bloomberg Delta Air Lines Inc is offering to buy back up to $1 billion of high-cost bonds issued at the height of the pandemic last year, as the company begins to look at ways to scale back its balance sheet. The tender offer is for three bonds issued between April and September 2020, according to a news release. The airline ...

Bloomberg More than 2,500 Boeing Co 737 jets in the US will have to be inspected after the company and regulators discovered a potential flaw in a pressure switch that could lead to pilots becoming incapacitated. The Federal Aviation Administration (FAA) said airlines and operators should inspect cabin pressure switches, which help ensure there’s sufficient air to breathe as planes ...

Bloomberg Lulus, the online retailer that focuses on female apparel, is planning an initial public offering this year, according to people with knowledge of the matter. The Chico, California-based company is working with Goldman Sachs Group Inc and Bank of America Corp on the planned listing, said the people who asked not to be identified discussing private information. The company ...

Trade in coal and steel powered the European Union’s formative years. Now the bloc wants to lead the world on climate responsibility, with a bumper package of proposals from expanding an emissions-trading system to banning fossil fuel cars to reach its 2050 target of carbon neutrality. But for all the aspirational visions, there are justified jitters that the European project’s ...