Local News

  Abu Dhabi / WAM The Abu Dhabi Securities Exchange (ADX) has announced the offering of future contracts on the FTSE ADX 15 (Fadx 15) Index for trading on its financial derivatives platform. The Futures are the first index derivatives to be listed on ADX as the exchange accelerates efforts to bolster market liquidity and attract more global investors. Fadx ...

  ABU DHABI / WAM G42 Healthcare, an Abu Dhabi-based leading health tech company and subsidiary of G42, an artificial intelligence and cloud computing company located in Abu Dhabi, signed a letter of intent (LOI) with global biopharmaceutical company, AstraZeneca, in the presence of the Department of Health – Abu Dhabi (DoH), to expand their collaboration into the domains of ...

  Abu Dhabi / WAM e& (formerly known as Etisalat group) on Tuesday unveiled “etisalat by e&” as the new brand identity for Etisalat UAE in line with the group’s recent positioning as the global technology and investment conglomerate that digitally empowers societies. The brand evolution comes at a time when the Group continues to accelerate its digitalisation leadership in ...

  Dubai / Gulf Time Emirates announced that it will increase frequencies and start daily services to Mexico City (MEX) via Barcelona (BCN) from June 23. Boosting its frequency from six times weekly to daily flights, Emirates will now increase its average capacity and offer around 2000 seats per week to and from the Mexican capital. The service will provide ...

  Abu Dhabi / WAM The ”Make it in the Emirates Forum” began on Tuesday, drawing a large number of local and international industrial companies, government entities, financing institutions, and investors. The forum, organised by the Ministry of Industry and Advanced Technology (MoIAT) in cooperation with the Abu Dhabi Department of Economic Development (Added), under the theme of “Invest, Partner, ...

  ABU DHABI / WAM The Ministry of Energy and Infrastructure announced the fact that the UAE has joined the International Partnership for Hydrogen and Fuel Cells in the Economy (IPHE), a new achievement added to the UAE’s long track record as a pioneer in the field of energy. The agreement was signed remotely by Sharif Al Olama, Under-Secretary of ...

  Abu Dhabi / WAM Al Seer Marine PJSC (ASM), a global player across multiple marine sectors and subsidiary of International Holding Company (IHC), acquired two Very Large Crude Carriers (VLCC) for its growing fleet. With a total value of AED404 million, the crude oil tankers, MV Twin Castor and MV Twin Pollux, each have a carrying capacity in the ...

  Dubai / WAM Google announced on Monday the launch of a new report, The Future of AI in the Mena region, which provides a high-level outlook for artificial intelligence (AI) developments over the next decade, with a specific focus on the United Arab Emirates, Saudi Arabia, Qatar, Egypt and Kuwait. It explores AI investments, industry trends in tourism, transport, ...

  Abu Dhabi / WAM Mohamed Helal Al Mheiri, Director-General of the Abu Dhabi Chamber of Commerce and Industry, received Luis Alfonso De Alba Gongora, Ambassador of Mexico to the UAE, and the accompanying delegation at the Chamber’s headquarters in Abu Dhabi. Attended by Helal Mohamed Al Hameli, Deputy Director-General of the Abu Dhabi Chamber, the meeting discussed boosting trade ...

  DUBAI / WAM As travel rebounds from the impact of pandemic, Emirates airline is preparing for its busiest period yet, with over 550,000 customers expected to fly out from the UAE between June and July on over 2,400 weekly network-wide departures. The airline continues to add flights and frequencies where possible as it ramps up its summer schedule, and ...