Local News

Dubai’s Emirates NBD completes customer migration to ‘Smart Pass’

Dubai / WAM Emirates NBD has completed successful migration of its customer base to the Smart Pass service to support safer digital transactions. The roll out of Smart Pass is part of the bank’s long-term commitment to safe, secure banking and supports Emirates NBD’s ongoing initiatives to align with global best practices in banking security. Available on the bank’s Mobile ...

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UAE’s courier market set to grow by 7.5% annually

Dubai / Emirates Business The outlook for the UAE’s Courier, Express and Parcel (CEP) market is bright due to strong demand generated in the wake of the coronavirus outbreak across the globe, industry experts say. Referring to latest research data released by Mordor Intelligence, they said CEP market in the UAE is expected to post 7.5 percent compound annual growth ...

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Greek president honours UAE ambassador

ATHENS / WAM President Katerina Sakellaropoulou of Greece honoured Mohamed Meer Al Raisi, UAE Ambassador to Greece, in recognition of his efforts in strengthening ties between the UAE and Greece. On the occasion of the end of his tenure as ambassador to the country, Greek Foreign Minister Nikos Dendias decorated the UAE Ambassador with the Grand Cross of the Order ...

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Emirates launches bespoke portal for travel trade partners

Dubai / Emirates Business Emirates on Monday rolled out a brand new, state-of-the-art online gateway to serve its travel trade partners around the world. Tailored for each market, and personalised for each partner to cater to their unique business environment and needs, the Emirates Partners Portal is a one-stop shop for travel industry partners to quickly and securely access the ...

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Abu Dhabi Aviation reports AED47.8mn in six months

Abu Dhabi / WAM Abu Dhabi Aviation’s revenues for the period ended June 30 amounted to AED895.7 million, according to the financial results of the Abu Dhabi Securities Exchange-listed company. The company’s operating profit reached AED152 million and the net profit stood at AED47.8 million, the financial notes published on Sunday on the ADX’s website show. The company’s assets edged ...

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Ewec awards project to develop world’s largest solar power plant

Abu Dhabi / WAM The Emirates Water and Electricity Company (Ewec), a leading company in the coordination of planning, purchasing and providing of water and electricity across the UAE, announced the award for the world’s largest solar power plant in Abu Dhabi. The project was awarded to a consortium led by the Abu Dhabi National Energy Company (Taqa) and Masdar, ...

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Tabreed reports AED224.3mn net profit in first half of 2020

Abu Dhabi / WAM Tabreed, the National Central Cooling Company, released on Sunday its consolidated financial results for the first six months of 2020. The company reported in a statement on Sunday a net profit of AED 224.30 million, driven by the acquisition of its Downtown Dubai district cooling business in a long-term partnership with Emaar, one of the world’s ...

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UAE, Greece sign MoU on culture, creative sector

Abu Dhabi / WAM Noura bint Mohammed Al Kaabi, Minister of Culture and Youth, signed a virtual Memorandum of Understanding (MoU) with Lina G. Mendoni, Minister of Culture and Sports of Greece, to reinforce the cultural and creative cooperation between the UAE and Greece. The signing took place on the sidelines of the UAE-Greece Strategic Cooperation Forum, which was held ...

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Sharjah implements five strategic water lines

Sharjah / WAM The Sharjah Electricity and Water Authority (Sewa) revealed the implementation of five strategic development projects in the field of water transmission lines and increasing its capacity. The project includes the extension of a water pipeline from the Hamdah area to the Al Badee area with a total length of 55,000 metres, and the completion of a project ...

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Emirates Post introduces digital location management service

Abu Dhabi / WAM Emirates Post is expanding its product offering with the introduction of a digital location management service for the UAE businesses, called ‘Smart Places’. In partnership with Local Knowledge, a local listings management company, the new service will provide an easy and accessible solution to business owners who seek to claim and update their business on Google ...

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