Local News

Emirates expands its US operations

DUBAI / WAM Emirates Airline has announced it will resume non-stop services to Seattle (from February 01), Dallas and San Francisco (from March 02), offering its customers connectivity via Dubai to and from popular destinations in Middle East, Africa, and Asia. The addition of these three destinations will take Emirates’ North American network to 10 destinations following resumption of services ...

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Idex, Navdex int’l participants exempt from quarantine

ABU DHABI / WAM Abu Dhabi National Exhibitions Company (Adnec) – the organiser of the International Defence Exhibition (Idex 2021) and the Naval Defence Exhibition (Navdex 2021) – received approval from the Abu Dhabi Public Health Centre for all badge holders to be exempted from the 10-day quarantine procedure on their arrival into Abu Dhabi. This step has been taken ...

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CNN Academy Abu Dhabi welcomes its first students

Abu Dhabi / WAM The inaugural CNN Academy Abu Dhabi, which will foster the growth of future journalists, is now underway. The first classes took place on January 10, including a two-hour welcome and introductory session with Becky Anderson, Managing Editor of CNN Abu Dhabi and Anchor of Connect the World. Anderson said, “I am thrilled to welcome this talented ...

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Sheikh Mohamed, Iraqi president review promoting cooperation

ABU DHABI / WAM HH Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and President of Iraq, Dr Barham Salih, reviewed the prospects of promoting the fraternal relations between the two nations and accelerating cooperation across all fronts. This came in phone call Sheikh Mohamed received on Monday ...

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Arada records 35% rise in sales during 2020 to reach AED1.75b

Sharjah / WAM Arada reported a robust sales performance for 2020, as the developer benefited from a raft of project handovers and the stable Sharjah real estate market to overcome the effects of the pandemic. During a challenging year for the UAE property sector as a whole, the total value of real estate sold by Arada rises by 35 percent ...

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Emirates expands its US operations

DUBAI / WAM Emirates Airline has announced it will resume non-stop services to Seattle (from February 1), Dallas and San Francisco (from March 2), offering its customers connectivity through Dubai to and from popular destinations in the Middle East, Africa, and Asia. The addition of these three destinations will take Emirates’ North American network to 10 destinations following the resumption ...

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Empower records 560,000 electronic deals in 2020

DUBAI / WAM Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, announced that, during 2020, the number of electronic transactions performed by its customers surged noticeably to reach approximately 560,000, with an increase of more than 12 percent compared to the year 2019. This reflects the company’s apparent contributions to the ‘Dubai Paperless Strategy’ that ...

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Shuaa Capital buys out AED1.13b debt of Stanford Marine Group

DUBAI / WAM Shuaa Capital on Sunday announced that it has successfully completed a debt buyout of Stanford Marine Group’s (SMG) AED1.13 billion ($308 million) facility, resulting in a successful outcome for all parties involved, including the participating banks. SMG is one of the most prominent and diversified offshore services companies in the Middle East, with a focus on chartering, ...

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Mansour bin Zayed chairs Mubadala board meeting

Abu Dhabi / WAM HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs and Vice Chairman of the Board of Directors of the Mubadala Investment Company, has chaired the meeting of the Executive Committee of the company’s board, which was held at the Al Watan Palace in Abu Dhabi. The Board approved the company’s action ...

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UAE, US discuss joint strategic relations

Abu Dhabi / WAM Obaid Humaid Al Tayer, Minister of State for Financial Affairs, met with the US Treasury Secretary Steven Mnuchin in Abu Dhabi. Younis Haji Al Khoori, Undersecretary of the Ministry of Finance, as well as representatives of the UAE Central Bank attended the meeting which sought to deliberate joint strategic relations and financial and economic cooperation between ...

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