Local News

Wizz Air Abu Dhabi offers flights to Israel from AED99

ABU DHABI / WAM Wizz Air Abu Dhabi, the newest UAE national airline, on Wednesday announced its first flight to Tel Aviv on April 18, following the announcement that Israel has been added to the green list. Tickets are already on sale on wizzair.com and the airline’s mobile app, which is also available in Arabic, with fares starting as low ...

Read More »

Arab Parliament Speaker wishes UAE on Barakah plant operation

CAIRO / WAM Adel Abdulrahman Al Asoomi, Speaker of the Arab Parliament, on Wednesday congratulated the UAE’s leadership, government and people on the start of the commercial operation of Unit 1 of Barakah Nuclear Power Plant, the first peaceful nuclear power plant in the Arab region. Al Asoomi stressed that the launch of the plant is a distinguished achievement to ...

Read More »

Abu Dhabi chamber, Iraqi Kurdistan discuss investment opportunities

ABU DHABI / WAM Mohammed Hilal Al Mheiri, Director-General of Abu Dhabi Chamber of Commerce and Industry, has held a video conference meeting with Dr Mohammed Shukri Mohammed Saeed, Chairman of the Investment Authority of the Kurdistan Regional Government and Ahmed Al Dhaheri, the UAE Consul General in the Kurdistan Region of Iraq. They discussed ways of strengthening economic and ...

Read More »

Adnec wins two awards at MESE

ABU DHABI / WAM The Abu Dhabi National Exhibitions Company (ADNEC) has won two accolades at the Middle East Event Awards (MESE), further cementing the company’s proven excellence. The Abu Dhabi National Exhibitions Company was recognised as the ‘Best Employer of the Year, 2020’ in the events industry, following its presentation of its core mission, vision and values alongside the ...

Read More »

Oil product inventories at Port of Fujairah climb to five-week high

FUJAIRAH / WAM Oil product inventories at the UAE’s Port of Fujairah climbed to a five-week high led by a record increase in fuel oils for power generation and marine bunkers. Total stockpiles stood at 20.77 million barrels as of April 5, up 7.7 percent from a week earlier and the highest since March 1, according to Fujairah Oil Industry ...

Read More »

UAEU to participate in Expo 2020 Dubai

AL AIN / WAM The United Arab Emirates University (UAEU) will participate in a special pavilion in Expo 2020 Dubai next October. The pavilion will shed light on the “University of the Future” initiative, which aims at revolutionising higher education in the Arab world by 2030. Zaki Nusseibeh, Chancellor of UAEU, said that the university’s participation in the fair through ...

Read More »

Unit 1 of Barakah plant starts commercial operations

ABU DHABI / WAM The Emirates Nuclear Energy Corporation (Enec) announced on Tuesday that the Unit 1 of Barakah Nuclear Energy Plant has started commercial operations. His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, applauded this achievement, describing it as a significant milestone in the UAE’s long-term ...

Read More »

National Bonds’ investments increase to AED8.8b in 2020

DUBAI / WAM National Bonds, the UAE Sharia-compliant savings and investment company, owned by the Investment Corporation of Dubai, achieved outstanding growth in its Investments in 2020. According to numbers released by the company, National Bonds’ Investments increased by 13 percent in 2020 to reach AED8.8 billion, up from AED 7.8 billion in 2019. The increase in investments wasn’t National ...

Read More »

Abu Dhabi, Indonesia’s Aceh discuss trade ties

ABU DHABI / WAM Mohammed Thani Al Rumaithi, Chairman of the Federation of the UAE Chambers and the Abu Dhabi Chamber of Commerce and Industry, has received Nova Iriansyah, Governor of Aceh Province, Indonesia, and the accompanying delegation at the Chamber’s tower in Abu Dhabi. Mohamed Helal Al Mheiri, Director-General of the Abu Dhabi Chamber, and his Deputy Abdullah Ghurair ...

Read More »

DFM to expand equity futures prospects with new contracts

DUBAI / WAM The Dubai Financial Market (DFM) on Tuesday announced that it is planning to launch new equity futures contracts on individual stocks of three leading listed companies including; Aramex, Air Arabia and Emirates Integrated Telecommunications Company (DU), on April 18 2021, in line with strategy to diversify investment opportunities. Similar to the inaugural equity futures contracts launched on ...

Read More »
Send this to a friend