ABU DHABI / WAM Financial transfers conducted through the Immediate Payment Instruction (IPI) reached AED4.7 billion since the system was introduced by the central bank of the UAE (CBUAE) in June 2019. CBUAE statistics revealed that 1.9 million easiest and fastest transfer transactions were made from June 2019 to June this year. The CBUAE has introduced the IPI to enable ...
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Abu Dhabi / WAM In the first half of 2020, AED6.3 billion of additional stock became accessible for a new group of both local and international investors, creating further scope for increased trading and liquidity, Abu Dhabi Securities Exchange (ADX) revealed in its report on its performance for the six months ending June 30. The report focuses on the exchange’s ...
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ABU DHABI / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, and Heiko Maas, Minister for Foreign Affairs of Germany, have discussed strategic relations between the two countries and cooperation in various fields. This came during a telephone call, wherein the ministers exchanged views on the latest regional and international developments, as ...
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Abu Dhabi / WAM The first World Health Organisation (WHO) enlisted global clinical Phase III trial of Sinopharm CNBG’s inactivated vaccine to combat Covid-19 has started in Abu Dhabi in the United Arab Emirates, and has been inspired by the UAE Leadership’s vision and commitment to overcome the pandemic through a global collaborative effort. Sheikh Abdullah bin Mohammed Al Hamed, ...
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Abu Dhabi / WAM The United Arab Emirates on Thursday sent an aid plane carrying 8 metric tons of medical supplies and testing kits to Burkina Faso. This aid will assist approximately 8,000 medical professionals as they work to contain the virus, bolstering the country’s efforts to curb the spread of Covid-19. “Based on the UAE’s leading and humanitarian role ...
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ABU DHABI / WAM In 2019, the UAE was ranked first in seven global health indexes, according to the Federal Competitiveness and Statistics Authority (FCSA). A report by the authority pointed out that the UAE was ranked first internationally in the “Low HIV Prevalence Index,” the “National Early Detection Programmes Index,” the “Low Rate of Health Problems Index,” the “Health ...
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Dubai / Emirates Business Emirates has announced it will resume flights to Tehran (from July 17), Guangzhou (from July 25), Addis Ababa (from August 1), and Oslo (from August 4), expanding connectivity for customers with these latest cities rejoining its network across the Middle East, Asia Pacific, Africa, and Europe. This will take the airline’s passenger network to 62 destinations ...
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Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces and Russian President, Vladimir Putin discussed bilateral relations and ways to enhance them in various fields as part of the existing strategic partnership between the two friendly countries. In a phone call, His Highness ...
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RAS AL KHAIMAH / WAM Gulf Pharmaceutical Industries (Julphar) announced on Wednesday that its AED500 million ($1.36 million) rights issue was successfully completed and more than two times oversubscribed. According to a press release issued by Julphar on Wednesday, the company will use the net proceeds of the rights issue to support the implementation of its growth plans, repay existing ...
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ABU DHABI / WAM Etihad Airways announced the expansion its hand baggage only ‘Deal Fare’ which allows travellers to purchase lower fares in Economy Class if no checked baggage is required, to include destinations across Europe and Asia. The ‘Deal Fare’ includes a complimentary carry-on baggage allowance of 7kg and was initially only available on flights between Abu Dhabi, Bahrain, ...
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