Abu Dhabi / Emirates Business The National Takaful Company (Watania) on Monday announced financial results for the quarter ended March 31, reporting a net profit of AED 3.9 million which is an increase of 74% compared to the same quarter last year. “Despite the challenges faced by the insurance industry, the National Takaful Company (Watania) delivered a strong financial performance ...
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Abu Dhabi / WAM As the world prepares to celebrate International Nurses Day on May 12, Mubadala Health continues to drive specialised training to raise the bar in nursing standards and attract local talent, to further support the development of a sustainable healthcare landscape for the UAE. This year, International Nurses Day founder, the International Council of Nurses, is focusing ...
Read More »ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 142,603 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. As part of its intensified testing campaign, the ministry announced that 1,507 new coronavirus cases, bringing the total number of recorded cases in the UAE to 537,524. The ministry also noted ...
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Abu Dhabi / WAM Adnoc Distribution on Monday reported its first-quarter 2021 financial results, recording an underlying Ebitda of AED740 million with a net profit of AED631 million for the quarter, while cash flow generation remained strong with a free cash flow of AED835 million. In the first quarter of 2021, Adnoc Distribution delivered a strong financial performance, with Ebitda ...
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SHARJAH / WAM Sheikh Fahim Al Qasimi, Chairman of the Department of Government Relations (DGR) in Sharjah, and Simon Penney, UK Trade Commissioner for the Middle East and Consul-General in Dubai and the Northern Emirates, have discussed ways to expand trade, investment, and cultural cooperation between Sharjah and Edinburgh, capital of Scotland in the UK. Al Qasimi emphasised that Edinburgh, ...
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Abu Dhabi / WAM The General Civil Aviation Authority (GCAA) and the National Emergency, Crisis and Disaster Management Authority (NCEMA) announced that entry from Bangladesh, Pakistan, Nepal and Sri Lanka will be suspended for all incoming passengers on national and foreign carriers, as well as those carrying transit passengers, starting from 23:59 on Wednesday, May 12. The decision exempts transit ...
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Abu Dhabi / WAM The United Arab Emirates can be a bridge between Central America and the Arabian Gulf, according to a senior Costa Rican official. In an exclusive interview with Emirates News Agency (WAM) at the Costa Rican Embassy in Abu Dhabi, Adriana Bolanos Argueta, Deputy Minister of Foreign Affairs and Worship of Costa Rica, also said that Mohamed ...
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Abu Dhabi / Emirates Business General Holding Corporation (Senaat), part of ADQ and the sole shareholder of Emirates Steel Industries (Emirates Steel) announced on Sunday that it has submitted an offer to the Board of Arkan Building Materials Company (Arkan). The offer sets out the principal terms and conditions on which Senaat would transfer Emirates Steel, a leading integrated steel ...
Read More »Abu Dhabi / WAM The UAE State Audit Institution (SAI) and the United Nations Office on Drugs and Crime (UNODC) have signed an agreement concerning the implementation of the “Abu Dhabi Declaration” issued by the eighth session of the Conference of the States Parties to the United Nations Convention against Corruption held in Abu Dhabi in December 2019. The Abu ...
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Abu Dhabi / WAM Etisalat group announced the successful completion of a bond issuance worth one billion euros to refinance the maturing bond tranche it had issued in 2014 for the acquisition of a controlling stake in Maroc Telecom. Etisalat group issued bonds in two tranches, the first is a 7-years tranche amounting to 500 million euros with an annual ...
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