HODEIDAH / WAM The UAE, through its humanitarian arm, the Emirates Red Crescent (ERC) continues relief efforts in Yemen, by distributing food aid to the people of Khokha in the Hodeidah governorate. The ERC team distributed 300 food baskets to 2,100 displaced families in the Khokha district. Fathia Al Ma’amari, Director of the Human Rights Office in Hodeidah, expressed her ...
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Funds collected via UAE direct debit system up 7% to AED61b
ABU DHABI / WAM Value of funds collected through the UAE Direct Debit system (UAEDDS) of the central bank of the UAE (CBUAE) rose by 7 percent to AED61 billion in 2019 from AED57 billion in 2018, according to figures released by the CBUAE. The statistics noted the increase in the funds settled through the UAEDDS was matched with a ...
Read More »Wizz Air Abu Dhabi to fly to six cities from October
Abu Dhabi / WAM Wizz Air Abu Dhabi, the newest national airline of the UAE, announced on Sunday that it will fly two new Airbus A321neo aircraft and offer six routes from Abu Dhabi starting October 1. Tickets are on sale on wizzair.com and the airline’s mobile app, with fares starting at AED 129. Wizz Air Abu Dhabi, the joint-venture ...
Read More »UAE, China look to revive bilateral economic activity
Dubai / WAM The UAE Ministry of Economy and the China Council for the Promotion of International Trade (CCPIT) have announced that they will together host the first China-UAE Economic and Trade Digital Expo on July 15, a platform designed to reinvigorate trade activities between the two countries as they seek to lay the foundations for bilateral trade in the ...
Read More »Saeb Eigner named chairman of DFSA board of directors
Dubai / WAM HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and President of the Dubai International Financial Centre (DIFC) issued a Decision reappointing Saeb Eigner as Chairman of the Dubai Financial Services Authority’s (DFSA) Board of Directors. His Highness also appointed Fadel Al Ali as Deputy Chairman of the Board and Abdul Wahid Al ...
Read More »Etihad Aviation Group launches Al Watani programme
ABU DHABI / wam Etihad Aviation Group announced the launch of Al Watani programme, a new local content programme for suppliers who would like to partner with the national airline of the UAE to provide their products and services. Vendors across the supply chain are encouraged to join the Al Watani programme provided they fulfil its application criteria. To be ...
Read More »Abu Dhabi Fund suspends debt repayments
Abu Dhabi / Emirates Business Abu Dhabi Fund for Development (ADFD), the leading national entity that supports sustainable economic development at home and abroad, has announced a significant initiative whereby it has decided to suspend debt service repayments during 2020 for eligible countries, as well as individual businesses, in the developing world upon request for forbearance. The sole objective behind ...
Read More »RTA: Pedestrian deaths on Dubai roads drop by 76%
Dubai / WAM Mattar Mohammed Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA) has highlighted the importance of RTA’s efforts to improve traffic safety, as well as pedestrian safety. He took note of the impact of building footbridges, which reduced pedestrian fatalities by 76.5% between 2007 and 2019. Al Tayer also ...
Read More »Exxon Mobil restarts drilling at offshore hotspot in voting crisis
Bloomberg Exxon Mobil Corp resumed drilling in Guyana last month, underscoring its dedication to the offshore hotspot despite the oil price crash and a messy turn in local politics. Two of Exxon’s four drillships went back to work, according to data published by Baker Hughes Co. The company later confirmed that the Stena Carron and Noble Tom Madden vessels returned ...
Read More »Renewable plants to wean Australia state off fossil fuels
Bloomberg Australia’s most populous state plans to fast-track its transition away from fossil fuels by encouraging investment in renewable-energy clusters. New South Wales put out a call for $12.7 billion ($8.8 billion) in investment to build solar and wind generation. It’s the second of three planned renewable energy zones to get the green light as the state seeks to move ...
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