Local News

Jebel Ali Port receives Kaiso Line’s MV Atlantic Pioneer

  Dubai / WAM DP World’s flagship Jebel Ali Port received MV Atlantic Pioneer, the first vessel from Kaiso Line, an Indonesia-based shipping company at its container terminal. The vessel left Jakarta on November 26 and reached the UAE on December 11. The call demonstrates how Jebel Ali Port is a vital link in the global trade network, connecting markets ...

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Warba Bank lists $250mn sukuk on Nasdaq Dubai

  DUBAI / WAM Shaheen H Al-Ghanem, CEO of Warba Bank, a leading Kuwaiti Islamic Bank, Tuesday rang the market-opening bell to celebrate the listing of the bank’s $250 million perpetual Tier-1 Sukuk on Nasdaq Dubai, in the presence of Hamed Ali, CEO of Nasdaq Dubai and Dubai Financial Market (DFM). This is the third Sukuk listing by Warba Bank ...

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Xposure 2022 to kick off on February 9

  Sharjah / Gulf Time The sixth edition of Xposure International Photography Festival – the largest premier photography and imaging show in the Mena region – is all set to expand the visual literacy of audiences in the UAE through the lens of internationally renowned photographers whose compelling and insightful perspectives and the causes they champion will be unveiled to ...

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Expo 2020 Dubai attracts more than 8 million visitors

  DUBAI / WAM Visits to Expo 2020 Dubai continue to climb substantially, increasing to 8,067,012 in the period up to December 27 as the most significant global gathering of 2021 continues to welcome visitors safely and responsibly. Expo’s stringent Covid-19 safety measures are designed to protect everyone on site, and include mandatory mask-wearing – indoors and outdoors – for ...

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UAE offers condolences over Brazil flood victims

  Abu Dhabi / WAM The UAE expressed its sincere condolences and solidarity with Brazil over the victims of floods that have hit the Brazilian state of Bahia, killing scores of people, leaving tens of thousands displaced, and triggering widespread damage. In a statement, the Ministry of Foreign Affairs and International Cooperation expressed its sympathy with Brazilian government, sending condolences to ...

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Etihad, China’s CGO team up to create ‘Air Silk Road’

  ABU DHABI / Gulf Time Etihad Airways, the national airline of the UAE, and Henan Province Airport Group, the parent company of the Zhengzhou Xinzheng Airport (CGO) — an important domestic aviation hub and the gateway to the central region of China — aim to establish a strategic partnership to strengthen aviation ties between the UAE and China. This ...

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ADGM to adopt Monday to Friday working week

  Abu Dhabi / WAM Abu Dhabi Global Market (ADGM) has announced that it will commence a Monday to Friday working week from January 1, 2022, with Saturday and Sunday as the universal weekend. With the new working week, the UAE brings its business community and financial sector closer to global markets and real-time economic and trading activities. In support ...

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Enoc wins two awards

Dubai / WAM Enoc Group has been awarded the Corporate Social Responsibility Award for its innovatively designed Service Station of the Future, and the Customer Focus Award for its eLink Station at the 2021 Idea of the Year Awards. The Ideas UK Award is an international award recognising innovative ideas and rating innovative organisations based on global standards with an ...

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Dubai’s Emirates NBD joins UAE Trade Finance Gateway project

  Dubai / WAM Etihad Credit Insurance (ECI) signed an MoU with Emirates NBD and Crediti Fintech, for the implementation of the ‘UAE Trade Finance Gateway’. The receivables financing marketplace is designed to help businesses based in the UAE obtain fast and easy access to finance and boost their business, while supporting the UAE’s ‘Operation 300bn’ industrial strategy which aims ...

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Expo 2020 Dubai attracts more than 8 million visitors

  DUBAI / WAM Visits to Expo 2020 Dubai continue to climb substantially, increasing to 8,067,012 in the period up to December 27 as the most significant global gathering of 2021 continues to welcome visitors safely and responsibly. Expo’s stringent Covid-19 safety measures are designed to protect everyone on site, and include mandatory mask-wearing – indoors and outdoors – for ...

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