Local News

Julphar revenues jump 100% to AED1,143 million in 2021

  RAS AL KHAIMAH / WAM Gulf Pharmaceutical Industries (Julphar) has reported its year end 2021 financial results, with revenues of AED1,143 million, a 100 percent increase as compared to full year 2020 revenue of AED573 million. The increase is primarily attributable to increased market share in key operating regions including the UAE and Saudi Arabia and the contribution from ...

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Ramadan will begin on April 2, last for 30 days

  SHARJAH / WAM Ibrahim Al Jarwan, Chairman of the Board of Directors of the Emirates Astronomical Society, said the Holy Month of Ramadan will begin on Saturday, April 2, and Eid al-Fitr will fall on Thursday, May 2, adding that Ramadan in 1433 Hijri Year is expected to last for 30 days. The city of Khor Fakkan in the ...

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Bloomberg forum discusses UAE’s global growth outlook

  Dubai / WAM The Bloomberg UAE Capital Markets Forum 2022 opened in Dubai, with the participation of local and international government and business leaders discussing the UAE’s global growth outlook, IPO boom and road to net zero. The forum’s three panel discussions assessed the economic impact of the UAE’s expanding trade relationships with fast-growth Asian and African economies, the ...

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DCD launches platform to solve social challenges

  ABU DHABI / WAM The Department of Community Development (DCD) in Abu Dhabi has launched Wyakom, an online platform, that empowers community members to address pressing social challenges. In partnership with Al Tawajud Al Baladi, the first phase of this pilot will focus on the Khalifa City community. The platform will invite residents to identify solutions to specific social ...

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ERC Ramadan programmes benefit 7mn people in Yemen

  ABU DHABI / WAM Around 7,035,000 people have benefited from the Emirates Red Crescent (ERC) Ramadan programmes in six Yemeni governorates, including Shabwa, Hadhramaut, Taiz, Hodeidah, Aden and Socotra, according to an ERC statement. Some 6,870,000 people benefited from the Ramadan Mir and Iftar project, while 165,000 people benefited from the Eid clothing initiatives. The programmes are in implementation ...

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Nafl supports hosting third edition of Logix India in Dubai

  Dubai / WAM The UAE’s National Association of Freight and Logistics (Nafl) has extended its support to the Federation of Freight Forwarders Associations in India for hosting the 3rd edition of Logix India a month after both countries signed the Comprehensive Economic Partnership Agreement (Cepa) to boost their merchandise trade to $100 billion over the coming five years. The ...

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UAE calls for peaceful, urgent solution to Ukraine conflict

  MOSCOW / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met on Thursday with Sergey Lavrov, Minister of Foreign Affairs of the Russian Federation, in Moscow. They discussed cooperation between the two countries and ways to enhance the bilateral strategic partnership in various fields. They exchanged views on key developments and ...

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Adnoc awards AED2.4b worth of deals to 5 local, global firms

ABU DHABI / WAM Abu Dhabi National Oil Company (Adnoc) announced on Thursday the award of framework agreements valued at $658 million (AED2.4 billion) for cementing services as it continues to invest and enable drilling growth and expand its crude oil production capacity. The framework agreements were awarded to Haliburton Worldwide Limited Abu Dhabi (Halliburton), Baker Middle East (Baker), Emirates ...

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UAE welcomes EU Council’s sanctioning of Houthi militias

  ABU DHABI / WAM The United Arab Emirates has welcomed the decision by the Council of the European Union to amend Regulation (EU) No 1352/2014, thereby adopting the arms embargo adopted by the United Nations (UN), which all UN Member States are required to implement under the UN Charter. The European Council decision cites the text of the UN ...

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