DUBAI / WAM DMCC, the Free Zone and Government of Dubai Authority on commodities trade and enterprise, will host six diamond tenders in its Dubai Diamond Exchange, the world’s largest diamond tender facility, in January. This follows a record-breaking tender hosted in December 2020, which saw the largest ever rough diamond tender sales in the UAE, in a sign that ...
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Covid-19 UAE reports 2,199 new recoveries
Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 156,520 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. As part of its intensified testing campaign, MoHAP announced 2,067 new coronavirus cases, bringing the total number of recorded cases in the UAE to 218,766. The ministry also noted that an ...
Read More »Sharjah resumes desert activities with safety rules
Sharjah / WAM The Sharjah Commerce and Tourism Development Authority (SCTDA) has announced the resumption of desert tours and related activities in the emirate with strict implementation of the precautionary measures and guidelines issued for desert tours and Sharjah tour operators. This latest decision comes as part of the efforts to resume the tourism activities in the emirate at a ...
Read More »Fortnightly PCR test must for UAE public sector staff
Dubai / WAM The UAE government has announced that employees of all ministries and federal entities will be required to undergo mandatory Covid-19 PCR testing every 14 days starting from January 17. Federal Authority for Government Human Resources said the decision is part of the government’s efforts to limit the spread of the virus.
Read More »EGA’s Al Taweelah refinery hits nameplate capacity
ABU DHABI / WAM Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside oil and gas, on Tuesday announced that its Al Taweelah alumina refinery, the first in the UAE, has delivered sustained monthly production at or above nameplate capacity each month for the past three months. The milestone marks the completion of a world-class ramp-up of ...
Read More »Sharjah, Latvia explore prospects for investment partnerships
SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) and the Embassy of Latvia in the UAE have highlighted the importance of organising joint events and exchanging visits between trade delegations to enhance the economic and investment cooperation between the two friendly countries. This came during the meeting between Abdullah Sultan Al Owais, Chairman SCCI, and Atis Sjanits, ...
Read More »Etihad offers two tickets for price of one
ABU DHABI / WAM Etihad Airways has announced the launch of its New Year’s sale — get two tickets for the price of one. Fares from Abu Dhabi to Istanbul start from AED 1,790, Dublin from AED 3,830 and Toronto from AED 5,790. The sale extends across all of Etihad’s cabins, with return Business fares starting from AED 8,750 out ...
Read More »DGCX trades 12.73m contracts in 2020
Dubai / WAM The Dubai Gold & Commodities Exchange (DGCX) on Tuesday announced that it traded 12.73 million contracts in 2020, and recorded a yearly AOI of 220,504 contracts. Open interest refers to total number of outstanding contracts at the end of the trading day and is a strong indicator of an exchange’s success. Additionally, the best performing product in ...
Read More »GCC relations from Sheikh Zayed’s ideology to Al Ula
ABU DHABI / WAM “Gulf Cooperation Council (GCC) countries share the same destiny,†this is a phrase followed by the UAE in words and actions from the first GCC summit held on Monday, May 25, 1981, to the 41st GCC Summit held in Al Ula, Saudi Arabia. The UAE still believes that GCC countries share the same destiny, as the ...
Read More »EGA’s Al Taweelah refinery reaches nameplate capacity
Abu Dhabi / WAM Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside oil and gas, on Tuesday announced that its Al Taweelah alumina refinery, the first in the UAE, has delivered sustained monthly production at or above nameplate capacity each month for the past three months. The milestone marks the completion of a world-class ramp-up of ...
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