Local News

  Abu Dhabi / Emirates Business ADNOC Distribution announced the opening of Motor World service station in Shamkha area of Abu Dhabi. The station is the largest within the company’s network of stations and petroleum services. The opening ceremony was attended by Abdulla Salem Al Dhaheri, Director, Sales and Marketing Directorate, ADNOC Group and Saeed Mubarak Al Rashdi, Acting Chief ...

  Emirates Business Etihad Airways, the national airline of the United Arab Emirates, and Avianca Brasil, one of the leading airlines in Latin America, have announced a codeshare partnership. Under the agreement, Etihad Airways will put its ‘EY’ code on domestic flights operated by Avianca Brasil, while Avianca Brasil will put its ‘O6’ code on Etihad flights between Abu Dhabi ...

  Emirates Business Cerba healthcare and Menalabs Management F.Z. L.L.C have jointly announced that they have established a partnership to accelerate and expand the presence of both companies in the Middle East and Levant regions. Under the agreement, Cerba healthcare will own 51% of MENALABS and will operate under the name of Menalabs, A Division of Cerba healthcare. It will ...

  Sharjah / Emirates Business The Heart of Sharjah (HOS), the largest heritage tourism project undertaken by Sharjah Investment and Development Authority (Shurooq), has been decorated with colourful lights and lanterns in celebration of Ramadan. The enhancement of the area has been undertaken in conjunction with an extension of its store working hours to facilitate Ramadan timings and attract more ...

  ABU DHABI / WAM Foreign investors purchased AED 570.7.2 million worth of shares on Dubai Financial Market (DFM) and sold AED 666.5 million over the week, DFM said on Thursday. Net foreign investment on the market reached AED 95.7 million, as aggregate sell. Value of shares bought by foreigner investors comprised 44.4 per cent of the total value of ...

  Dubai / WAM Microsoft opened a new centre of excellence for the oil & gas industry in Dubai. The Middle East and Africa centre has been launched to assist organisations in the sector to drive digital transformation, cut costs and optimise processes in their organisations. The centre, which is the largest such facility for Microsoft globally, will focus on emerging ...

  Dubai / Emirates Business FGB, one of the leading banks in the UAE, is celebrating after its Ferrari card was recognised as the ‘Best Premium Credit Card’ at the 2016 Smart Card and Payments Awards for the second year in a row. Bank representatives received the award during a ceremony which recently took place at the Armani Hotel in ...

  Dubai / WAM Passengers travelling to Melbourne, Australia will now have another direct flight option with Emirates announcing that flights EK408 and EK409 will begin operating as nonstop services from Dubai from October 30. Operated by an Emirates B777-300ER aircraft, EK408 will depart Dubai at 03:00hrs and arrive in Melbourne (MEL) at 23:20hrs. The return flight, EK409, will leave Melbourne ...

  ABU DHABI / WAM The Arab Trade Financing Program (ATFP) approved 117 requests for financing trade deals worth US$249 million during its board meeting on Wednesday, which was dedicated to reviewing trade finance activities during the first quarter of the year. With the latest approvals, the cumulative volume of financing made available by the Abu Dhabi-based ATFP since inception in ...

  Dubai / Emirates Business The second batch of graduates of the world’s pioneering Internal Auditing training programme were honoured at the recent graduation ceremony by UAE IAA in collaboration with the Higher Colleges of Technology and Protiviti at HCT, Abu Dhabi Men’s college and was attended by Abdulqader Obaid Ali, UAE IAA President, Ahmed Al Khouli, HCT Head of ...