Dubai / Emirates Business Emirates, the world’s largest international airline, on Monday announced a firm order for 50 A350-900 XWB aircraft worth $16 billion (AED58.7 billion) at list prices at the Dubai Airshow 2019. Powered by Rolls-Royce Trent XWB engines, delivery of the first Emirates A350 XWB is expected in May 2023, and will continue until 2028. His Highness Sheikh ...

Sharjah / Emirates Business Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier (LCC), on Monday set another milestone with one of the region’s largest single-aisle aircraft orders of 120 Airbus A320 Family aircraft. This was announced during Dubai Airshow 2019 following a signing ceremony attended by Air Arabia’s Chairman Sheikh Abdullah bin Mohammed Al Thani ...

ABU DHABI / WAM The UAE will continue to deliver on the Opec and Non-Opec commitment for voluntary production adjustments until the global market is re-balanced, Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy and Industry, has stated. The minister affirmed the UAE is working in all fairness and transparency with the Opec’s Joint Ministerial Monitoring Committee (JMMC), ...

Dubai / WAM Dubai’s non-oil trade with Africa will exceed AED1 trillion for the period extending from 2011 until the end of 2019, said Majid Saif Al Ghurair, Chairman of Dubai Chamber, noting that it had already reached AED926 billion in the 2011-2018 period. Al Ghurair made the announcement in his opening speech at the fifth edition of the Global ...

AL AIN / WAM Strata Manufacturing, the advanced composite aero-structures manufacturing company wholly owned by Mubadala Investment Company, has signed a Memorandum of Understanding with Premium Aerotec, the German aerospace manufacturing leader, for the supply of metallic bonded and ‘computer numerical control’ (CNC) machined detail aircraft parts. The MoU, signed during Dubai Airshow, covers a duration of five years with ...

AJMAN / WAM In its efforts to effectively embrace Ajman’s vision of a digital economy through smart governance, Ajman Tourism Development Department (ATDD), as announced that it will link its digital services with Ajman Pay. The announcement was made by Sheikh Abdulaziz bin Humaid Al Nuaimi, Chairman of the Ajman Tourism Development Department, at the department’s headquarters. According to Sheikh ...

ABU DHABI / WAM The Africa Investment Summit (AIS), a two-day event that seeks to enhance dialogue between global, long-term investors and Africa-based sovereign wealth funds, financial institutions and corporates, opened in Abu Dhabi on Monday. Hosted by the Abu Dhabi Investment Authority (ADIA), the event brings together more than 180 representatives of sovereign wealth funds, global institutional investors, Africa-focused ...

Abu Dhabi / WAM Emirates Global Aluminium (EGA) on Monday announced that its Managing Director and Chief Executive Officer Abdulla Kalban has welcomed 70 young UAE National recruits on their first day at work as the company accelerates its Emiratisation drive. The new joiners increase to more than 840 the number of UAE Nationals under the age of 35 working at ...

HADRAMAUT / WAM The UAE dispatched a new food aid convoy to the residents of Brom Mayfa District, Hadramaut Governorate, benefitting 4,500 under-privileged people and needy families, as part of its efforts to ease the suffering of families witnessing dire economic conditions. The Emirates Red Crescent, ERC, distributed 900 food parcels weighing 72.720 tonnes in various areas in the district, ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Monday received Nana Akufo-Addo, President of Ghana, in Qasr Al Watan (or the Nation’s Palace), who is in the country on an official visit. Upon his arrival at the Palace in Abu Dhabi, ...