DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, on Monday met with His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, as part of their ongoing consultations on national issues related to livelihoods of Emirati citizens ...
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Dubai / WAM The UAE concluded 2020 by achieving global leadership in telecom sector quality and evolution, where the country maintained the first place in the Arab region and regionally, and came second globally for the second consecutive year in “Use of telecommunications/ICTs”, which measures the efficiency and evolution of the telecommunications sector in countries around the world as part ...
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ABU DHABI / WAM Under the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the UAE has sent to Mauritania an aid plane containing more than 10 metric tonnes of medical supplies, testing equipment and ventilators, in addition to a specialised medical team, to ...
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Abu Dhabi / WAM Abu Dhabi Securities Exchange (ADX) announced that Palms Sports PJSC has listed its shares on ADX’s Second Market under the trading symbol PALMS, and trading begins on the shares on Monday. The company’s nominal value of share capital is AED 150 million, with each share having a nominal value of AED 1. This is the fifth ...
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Abu Dhabi / WAM Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, was joined by Carlos Pascual, Senior Vice President for Global Energy at IHS Markit, during the Abu Dhabi Sustainability Week (ADSW) Web Series, which was held in partnership with the Atlantic Council. Joining the episode from Jakarta, Indonesia, Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar ...
Read More »DUBAI / WAM In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE His Highness Sheikh Mohammed bin Rashid Al Maktoum issued Decree No. (36) of 2020 forming the Board of Trustees of the UAE Food Bank. According to the Decree, HH Sheikha Hind bint Maktoum bin Juma Al Maktoum will chair the Board and ...
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DUBAI / WAM Executive committee members of the initiative for Dubai Membership in the UNESCO Creative Cities Network in the field of design held a virtual meeting with the Singapore Design Council. The Dubai side was led by the Chairman of Executive Committee and the Acting Director of the Executive Planning Department in Dubai Municipality, Asim Al Qasim, in the ...
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Abu Dhabi / WAM Fitch Ratings (Fitch) has affirmed Adnoc Group a standalone credit rating of AA+. According to Fitch, the rating reflects Adnoc’s high upstream production and vast oil reserves, very low cost of production, integration into downstream operations, very conservative financial policies, high financial flexibility and low leverage, and its strong unit profitability. In line with its Government-Related ...
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DUBAI / WAM Emirates has announced that it will be operating its flagship Airbus A380 aircraft on the Dubai — Sao Paulo route between January 9 and January 30, 2021. The Emirates A380 will be deployed four times weekly to Sao Paulo in response to the summer season increase in demand for travel to and from Brazil. This will be ...
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DUBAI / WAM Etihad Credit Insurance (ECI), the UAE Federal export credit company, issued AED420 million worth of trade credit support to the small and medium enterprises (SMEs) from January to November 2020, which translates to AED1 billion non-oil trade insured turnover, as it carries out its mandate of accelerating the UAE’s non-oil economy and ensuring business continuity. Mirroring its ...
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