DUBAI / WAM Dubai Aerospace Enterprise, DAE, announced on Wednesday that its leasing division DAE Capital has recently signed three agreements to sell 16 aircraft with a total market value of nearly $900 million (AED3.3bn). The aircraft covered by these agreements include Boeing 737 and Airbus A320, A330, and A350 family aircraft, have an average age of two years and ...

GENEVA / WAM The UAE and Afghanistan have signed an MoU in the area of labour, on the sidelines of the 107th International Labour Conference in Geneva, Switzerland. The MoU was signed by Nasser bin Thani Al Hamli, Minister of Human Resources and Emiratisation, and Faizullah Zaki Minister of labour, social affair, Martyrs and disabled of Afghanistan. Al Hamli stated ...

DUBAI / WAM One of UPS’s 747 jumbo jets dedicated for long-haul international use is sporting a modified paint scheme highlighting the company’s role as official logistics partner for Expo 2020 Dubai. UPS has only modified the livery of an aircraft four other times in the airline’s 30-year history. Each of those times signifies a major news event – this ...

GENEVA / WAM To connect the as yet unconnected around the world to the internet is only a first step towards ensuring that all societies participate in an increasingly digital world economy. Best-connected users benefit from internet capacity that is 200 times greater than that of the worst-connected in parts of Africa and Asia. Those left behind will not benefit ...

ABU DHABI / WAM As the Saudi ICT market tops SAR 127 billion ($33.87 billion) , cloud investment will fast-track Saudi Vision 2030 goals and Smart Cities growth, according to the newly-appointed MD of Saudi Arabia, SAP. Cloud investment is gathering momentum, with Saudi organisations increasing software spend by 5.5 percent, increasing the Saudi ICT market to SAR 127 billion, ...

MONTREAL / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has affirmed UAE’s keenness to enhance joint cooperation with international companies like CAE in order to exchange experiences and achieve mutual benefits that lead to the development of the aviation sector in both countries. He made his remarks during his visit to ...

YEMEN / WAM Colonel Sadiq Al Duweid, Spokesman of the National Resistance in Yemen, has emphasised that the Yemeni Resistance Forces in all their formations and with the strong participation and support of the UAE Armed Forces operating within the Arab Coalition, have advanced to the outskirts of the Hodeidah city, less than 15 kilometres from the city and 11 ...

Dubai / Emirates Business Mashreq, the UAE’s leading financial institution, has been awarded the 2018 Gallup Great Workplace Award for a 5th consecutive year, by global performance-management consulting company, Gallup. The Gallup Great Workplace Award recognizes organizations for their extraordinary ability to create an engaged workplace culture. HE Abdul Aziz Al Ghurair, CEO at Mashreq commented, “Mashreq is honoured to ...

Dubai / Emirates Business dnata, one of the world’s largest air services providers, expands its partnership with EGYPTAIR in Dubai. Starting Wednesday, dnata will provide the airline with premium cargo handling services from its best-in-class facility at Dubai World Central (DWC). EGYPTAIR will initially operate one cargo flight a week between Dubai and Cairo using an Airbus A300F aircraft. dnata ...

Dubai / Emirates Business Noor Bank, a leading Shari’a compliant Bank in the UAE, announced on Wednesday a new mobile payment solution for Emaar. As part of this roll-out, various iconic attractions of Emaar such as At the Top Burj Khalifa, Dubai Aquarium & Underwater Zoo, VR Park and Dubai Ice Rink, can now accept seamless mobile payments from Chinese ...