Local News

Dubai Customs launches initiative to facilitate trade

Dubai / WAM Dubai Customs has launched “Siyaj” (Fence) initiative: the first integrated control 24/7 system in the world. The new system is based on a number of sophisticated AI technologies, rapid intervention teams that work around the clock, drones, and the K9 sniffing dog unit. The initiative will enhance Dubai and UAE’s security and help protect the society from ...

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Adnoc subsidiary, Wanhua Chemical form shipping JV

ABU DHABI / WAM Adnoc Logistics and Services, the shipping and maritime logistics subsidiary of the Abu Dhabi National Oil Company (Adnoc) announced on Tuesday the formation of a new strategic joint venture with Wanhua Chemical Group. The new company named AW Shipping Limited is incorporated in Abu Dhabi Global Market. This strategic agreement further strengthens the collaboration between Adnoc ...

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Only 0.3% Covid-19 cases in Abu Dhabi city

Abu Dhabi / WAM The Abu Dhabi Emergency Crisis and Disasters Committee for Covid-19 pandemic, in collaboration with the Department of Health-Abu Dhabi, announced that there has been a major decrease in prevalence of coronavirus in Abu Dhabi. “The initiatives, along with precautionary and preventative measures, have resulted in curbing the spread of the virus, with the percentage of confirmed ...

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Abu Dhabi to build new projects in energy sector

ABU DHABI / WAM Awaidha Murshed Al Marar, Chairman of the Abu Dhabi Department of Energy (DoE) said that encouraging investment in the energy sector is one of the department’s strategic priorities. In an interview with the Emirates News Agency (WAM) Al Marar said that the department has adopted a series of measures during the coronavirus crisis that has ensured ...

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FAB issues largest Chinese yuan dual-listed Formosa bond globally

ABU DHABI / WAM First Abu Dhabi Bank (FAB) announced the issuance of the largest-ever Chinese Yuan (CNH) denominated dual-listed Formosa bond globally, with a CNH 3.25bn five-year issuance. Despite the GCC-wide public holiday, FAB was able to attract a high quality international orderbook of more than CNH 3.6 billion, which enabled it to upsize its target issuance from CNH ...

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UAE, US discuss relations, strategic cooperation

ABU DHABI / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has received Brigadier General Miguel A. Correa, Senior Director for Gulf Affairs, Middle Eastern Affairs Directorate, National Security Council at the Executive Office of the US President. During the meeting — which was held at the Foreign Ministry headquarters in Abu ...

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Etihad Rail’s annual transport capacity to reach 59mn tonnes

Abu Dhabi / WAM Etihad Rail, the developer and operator of the UAE’s national railway, is tripling its fleet by announcing the award of a contract for the manufacture, supply and commissioning of 842 new wagons bringing its total fleet to more than 1,000 units to serve the whole network. This expansion paves the way for the rail transport to ...

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ADX lists Mamoura Diversified Global Holding’s $4bn bond

Abu Dhabi / WAM Abu Dhabi Securities Exchange (ADX) announced on Tuesday that it has listed $4 billion Fixed Rate Notes issued by MDGH GMTN B.V. and guaranteed by Mamoura Diversified Global Holding (MDGH). According to a statement issued by ADX on Tuesday, MDGH is the debt issuing entity of Mubadala Investment Company, and the MDGH bonds have their primary ...

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UAE foils over 120,038 cyber-attacks in July

Abu Dhabi / WAM The Telecommunications Regulatory Authority (TRA) stymied approximately 120, 038 cyber-attacks, during July, according to the authority’s monthly report. The report, which addresses the cybersecurity developments in the Federal Government of the United Arab Emirates for April, noted that the National Computer Emergency Response Team (CERT) responded the cyber-attacks which varied between malware (78 percent), vulnerabilities (11 ...

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Etihad unveils snood style face mask for premium passengers

Abu Dhabi / Emirates Business Etihad Airways, the national airline of the UAE, has launched innovative new protective wear for First and Business class guests. As part of its new health and hygiene programme, Etihad Wellness, premium passengers will receive a snood style facemask for use throughout their journey and beyond. The soft reusable snood has been treated with MicrobeBARRIER ...

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