News

  Abu Dhabi / WAM The Tax Clinic initiative, organised by the Federal Tax Authority (FTA) to establish and maintain direct communication with business sectors, has resumed its field activities across the emirates with sessions in Ras Al Khaimah and Sharjah. In a statement issued on Thursday, the FTA revealed that two new rounds of sessions were held in August ...

ATHENS / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan held a meeting on Thursday in Athens with Katerina Sakellaropoulou, President of the friendly Republic of Greece. At the beginning of the meeting, that took place at the presidential palace, President Katerina Sakellaropoulou welcomed HH Sheikh Mohamed bin Zayed Al Nahyan, and congratulated him on becoming the ...

Abu Dhabi / WAM The Abu Dhabi Blockchain and Virtual Assets Committee held its first meeting, under the chairmanship of Mohamed Ali Al Shorafa, Chairman of the Abu Dhabi Department of Economic Development (Added) and Chairman Securities and Commodities Authority (SCA), to discuss strategy for blockchain and virtual assets, which is aligned with the Emirates economic strategy. The committee emphasised ...

  Dubai / Gulf Time Emaar Malls Management LLC (Emaar Malls), a wholly-owned subsidiary of Emaar Properties PJSC (Emaar) and Noon AD Holdings Ltd (noon) announced on Thursday that they have entered into definitive documentation for Emaar Malls to sell the entire share capital of Namshi Holding Limited (“Namshi”) to noon for a total cash consideration of AED1.23 billion ($335.2 ...

  Abu Dhabi / WAM Etihad Airways, the national airline of the UAE, this week celebrated Captain Aisha Al Mansoori who has become the UAE’s first female Emirati Captain in a commercial airline. This is a significant milestone for aviation within the UAE and part of Etihad’s efforts to expand the roles of women in aviation, in particular the pilot ...

  Dubai / Gulf Time As travellers kick-start the search for their next holiday, Emirates is announcing that it will restore its non-stop A380 services to and from Auckland and Kuala Lumpur, starting from December 1. The airline currently operates to both cities with a linked Boeing 777-300ER service, which makes a stop in Kuala Lumpur before continuing on to ...

  SHARJAH / WAM HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, presented to Al Qasimia University (AQU) a variety of sources and references in various sciences and knowledge that enable researchers, specialists and students to benefit from it in their research and academic career. The batch is added to the series of ...

  Abu Dhabi / WAM Etihad Airways has committed to adopting a mangrove tree on behalf of every guest who books an Economy Space seat, ensuring every “space” seat sold is eventually carbon neutral. The announcement follows the launch of the Etihad Forest, Etihad’s initiative for biodiversity, wildlife and environmental protection through a network of mangrove and other forests being ...

  Abu Dhabi / WAM First Abu Dhabi Bank (FAB) has announced the launch of a multiple-thematic fund, the “FAB Thematic Rotation Fund” under the OneShare PLC umbrella fund, which is regulated by the central bank of Ireland. Through this fund, investors will have access to global investment opportunities across themes and trends arising from long-term structural changes, called Megatrends, ...

  Abu Dhabi / WAM The assets of national companies listed in local financial markets rose by 10 percent in the first half of 2022, equivalent to AED425.7 billion, an indicator of their robust financial performance and ability to expand their operational activities, develop new products and conduct acquisitions. According to the disclosures of 118 listed companies that announced their ...