Local News

  Dubai / WAM DP World Chairman and CEO Sultan Ahmed Bin Sulayem visited Pakistan last week, where he pledged logistics support and donated $2.5 million to help people in the south of the country following the recent devastating floods. After visiting flood-affected areas, the Chairman met with Pakistan’s President Arif Alvi and Chief of Army Staff General Qamar Javed ...

  Sharjah / WAM Etihad Credit Insurance (ECI) has established its new representative office in Sharjah to boost the country’s economic diversification programmes and support its export, re-export, and foreign investment to increase the non-oil trade contribution to the national GDP. The launching of the new representative office is aimed at expanding ECI’s reach in the northern emirate with the ...

  DUBAI / WAM flydubai, the Dubai-based airline, continues to grow its operations in Uzbekistan with the launch of a twice-weekly service to Namangan International Airport (NMA). The carrier’s inaugural flight touched down in Namangan to a traditional water cannon salute as part of a warm welcome by local officials, airport representatives and members of the media. flydubai is the ...

  Ajman / Gulf Time Gulf Medical University (GMU) commended ‘Global Healthcare Simulation Week’ at the Center for Advanced Simulation in Healthcare Department, raising awareness about the value of simulation among health professionals, students and faculty. The event also introduced the techniques of latest simulators offered by partnered distributors, subsequently providing a better learning on how to access, experience and ...

  ABU DHABI / WAM The total non-oil trade between the UAE and Oman from 2012 to 2021 amounted to more than AED362 billion, recording a growth rate of 98.9% to reach AED46.5 billion by the end of 2021, compared to AED23.4 billion by the end of 2012, according to data from the Federal Competitiveness and Statistics Centre (FCSC). The ...

  ABU DHABI / WAM Abu Dhabi Future Energy Company (Masdar) and Germany’s RWE Renewables, two of the world’s leading renewable energy companies, announced on Monday the signing of an memorandum of understanding (MoU) to explore collaboration on developing offshore wind projects in a range of key markets. Under the terms of the MoU, Masdar and RWE Renewables will explore ...

ABU DHABI / WAM During the UAE government media briefing on the Covid-19 pandemic, Dr Saif Al Dhaheri, Official Spokesperson of the National Emergency Crisis and Disasters Management Authority (NCEMA), has announced that the UAE will be relaxing Covid-19 restrictions nationwide, as well as sector-specific updates, which will come into effect starting September 28. Covid-19 daily cases announcements will be ...

  ABU DHABI / WAM Burjeel Holdings on Monday announced its intention to list 11 percent of its share capital on the main market of the Abu Dhabi Securities Exchange (ADX). The subscription period for the listing will open on Friday September 30 and close on Tuesday October 4. The company intends to list on ADX on Monday October 10. ...

  ABU DHABI / WAM Adnoc Drilling Company announced it has signed a sale and purchase agreement (SPA) to acquire two additional premium offshore jack-up drilling units. The two new rigs have a combined cost of AED514.22 ($140 million) and will join the Adnoc Drilling fleet and commence operations by the end of 2022. The acquisition, which underpins the company’s ...

  ABU DHABI / WAM AD Ports group’s Safeen Feeders and Saif Powertec Limited signed a charter agreement that will see Safeen Feeders purchase and charter out three containerships, to support expansion of the Bangladesh-based entity into the container shipping segment. Under the terms of the agreement, Safeen Feeders will charter an initial three vessels to Saif Powertec at pre-agreed ...