Local News

ZonesCorp inks deal to built AED138mn manufacturing plant

Al Ain / WAM ZonesCorp announced on Saturday a new agreement with Saudi Arabia’s Berain Water to build a 36,000-square-metre water bottling plant in the food industry zone of Al Ain Industrial City. The food manufacturing sector in Abu Dhabi has witnessed remarkable growth over the past few years as a result of the booming domestic market and growing exports. ...

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‘UAE does not distinguish when assisting individuals in need’

Abu Dhabi / WAM The UAE is committed to universal humanitarian principles, and does not differentiate between peoples when delivering aid to those in need, said His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the Emirates Red Crescent (ERC). The UAE leadership, under President His Highness Sheikh Khalifa bin Zayed Al ...

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UAE relief helps restore Yemen to its ‘full potential’

Abu Dhabi / WAM Extending to all governorates within Yemen, UAE humanitarian aid efforts have a single objective; to restore the country to its full potential. Since April 2015, the UAE has worked on food aid programmes, the building and refurbishment of schools, restoring hospitals and supporting Yemen’s health care sector, rehabilitating utility facilities, including power plants, redeveloping the roads ...

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Customer satisfaction about tourist tax refund scheme on rise

Abu Dhabi / Emirates Business The inspection tours conducted by the Federal Tax Authority (FTA) have revealed that customer satisfaction with the Tax Refunds for Tourists Scheme’s electronic system is on the rise. The Authority had launched the Scheme in two consecutive phases beginning on November 18 this year, in collaboration with global systems operator Planet, covering, so far, 12 ...

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Adnoc awards OMV 5% stake in Ghasha project

ABU DHABI / WAM The Abu Dhabi government and the Abu Dhabi National Oil Company (Adnoc) have awarded Austria’s OMV a 5 percent stake in the Ghasha ultra-sour gas concession that comprises the Hail, Ghasha, Dalma, Nasr, Sarb and Mubarraz sour gas fields. OMV, which joins Italy’s Eni and Germany’s Wintershall as Adnoc’s partners in the concession, will contribute 5 ...

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flydubai to introduce new routes to Europe

DUBAI / WAM Dubai-based airline flydubai announced the start of flights to Budapest in Hungary and Naples in Italy. flydubai will operate up to five flights a week to Naples from June 4, 2019, becoming the first UAE carrier to offer direct flights. Daily flights to Budapest will start on June 27, 2019, and will be in addition to the ...

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Etihad Airways to deploy Boeing 787 Dreamliner to Barcelona

Abu Dhabi / Emirates Business Etihad Airways will introduce the Boeing 787-9 Dreamliner on its scheduled services from Abu Dhabi to Barcelona, effective February 22, 2019, replacing the Airbus A330-200 currently operating the recently launched route. The deployment of the larger 787 Dreamliner to Barcelona has been timed to coincide with the Mobile World Conference taking place in the city ...

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Ministry urges fishermen to avoid wrong fishing practices

Dubai / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, met fishermen from Umm Al Qaiwain and urged them to avoid unsustainable fishing practices and techniques, which apart from depleting fish stocks in the country’s waters, damages marine biodiversity and creates a negative image of the UAE regionally and globally. The move is part of ...

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DFSA laws on collective investment funds eased

Dubai / WAM The Dubai Financial Services Authority (DFSA) has announced that changes to its Collective Investment Funds (CIF) regime, on which the DFSA consulted in October last year, came into force coinciding with the enactment of the DIFC Companies Law 2018 (Companies Law). The DFSA consultation included a wide-ranging set of proposals to support the continued development of the ...

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Tolerance represents Zayed’s legacy, Emirati values: Sultan bin Zayed

ABU DHABI / WAM His Highness Sheikh Sultan bin Zayed Al Nahyan, the President’s Representative, has praised the recent decision to declare 2019 as the ‘Year of Tolerance’ by the UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan. His Highness said the Year of Tolerance carries on the message of the late Sheikh Zayed bin Sultan Al Nahyan’s ...

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