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flydubai grows network to more than 80 destinations

Dubai / WAM flydubai announced on Tuesday the launch of additional routes bringing its network to more than 80 destinations. The carrier will grow its network in Russia to 11 points with the introduction of new services to Moscow Zhukovski International Airport (ZIA) from May 12, Novosibirsk Tolmachevo International Airport (OVB) from May 28 and Perm International Airport (PEE) from ...

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Waha Capital Q1 profit hits AED111mn

Abu Dhabi / WAM Waha Capital on Tuesday announced its results for the first quarter of 2021. The company delivered an overall Q1 profit of AED 111 million as both the Public Markets and Private Investments businesses demonstrated robust performance, while the global economic outlook continued to improve due to Covid-19 vaccination efforts. According to financial statement, the public markets ...

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ADJD adopts bilingual claim for appeal courts

ABU DHABI / WAM The Abu Dhabi Judicial Department (ADJD) has extended the scope of use of interactive bilingual claim forms to cases before the Courts of Appeal, allowing foreign litigants to easily familiarise themselves with court procedures. Youssef Saeed Al Abri, ADJD Under-Secretary, said that adopting the Arabic and English appeal forms comes as the fourth phase of the ...

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Covid-19: UAE reports 1,686 new recoveries

ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 179,453 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, 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 treatment. As ...

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Waha Capital announces AED111mn profit in Q1

Abu Dhabi / WAM Waha Capital on Tuesday announced its results for the first quarter of 2021. The company delivered an overall Q1 profit of AED 111 million as both the Public Markets and Private Investments businesses demonstrated robust performance, while the global economic outlook continued to improve due to Covid-19 vaccination efforts. According to financial statement, the public markets ...

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Agthia posts 17% rise in Q1 2021 revenues

Abu Dhabi / Emirates Business Agthia Group, a leading regional food and beverages company, on Tuesday announced its Q1 2021 financial results for the period ending March 31. The group recorded earnings per share of AED0.069 per share and total revenues of AED 665.5 million, representing 57% and 17% year-on-year growth, respectively, compared to the same period in 2020. The ...

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Sharjah explores bolstering economic ties with Costa Rica

SHARJAH / WAM The Sharjah Chamber of Commerce & Industry (SCCI) has welcomed a high-level delegation from the Republic of Costa Rica to explore means of enhancing commercial and economic cooperation and encourage mutual investments across vital sectors, thus strengthening partnerships between business communities in both countries. The Costa Rican delegation, which included Andrian Arrigita, Deputy Minister of Foreign Affairs ...

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UAE dispatches fourth shipment of Covid-19 vaccine doses to Syria

DAMASCUS / WAM A fourth Emirati aid aircraft arrived in Damascus on Tuesday loaded with significant quantities of the coronavirus (Covid-19) vaccine. The aircraft was dispatched by the Emirates Red Crescent (ERC), in coordination with the Syrian Red Crescent Association, to assist the Syrian health sector in addressing the repercussions of the pandemic and support local preventive measures aimed at ...

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DCT Abu Dhabi to launch three new cultural heritage initiatives

ABU DHABI / WAM The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has announced it will launch a new series of cultural initiatives, including the Abu Dhabi Register of Artisans, the Abu Dhabi Crafts platform, and the recently reopened House of Artisans at Al Hosn, to help safeguard and disseminate the intangible cultural heritage of the ...

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Carbon hits record 50 euros for first time on tighter pollution rules

Bloomberg The cost of pollution in the European Union exceeded 50 euros ($60) per metric ton for the first time in the market underpinning the region’s energy transition. Carbon’s run of records in the past year has mirrored the EU’s resolve to ramp up its climate ambition. The bloc’s cap and trade system is a key tool to enact its ...

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