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 ...
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Sharjah Ruler dedicates rare scientific books to AQU
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 ...
Read More »Etihad to plant a mangrove tree for every Economy seat booked
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 ...
Read More »First Abu Dhabi Bank announces multiple-thematic fund for clients
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, ...
Read More »Assets of national companies rise 10% to AED4.73tn in H1
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 ...
Read More »UAE leaders wish President of Ukraine on Independence Day
Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to President Volodymyr Zelenskyy of Ukraine on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, also sent similar messages to the Ukrainian ...
Read More »Aldar unveils AED1.15b Yas Park Gate project
Abu Dhabi / WAM Aldar Properties has announced the launch of Yas Park Gate, its latest gated community which will be located on the doorstep of Yas Park, a first of its kind family and recreational activity park in Abu Dhabi. As a natural progression in the development of the second phase of North Yas, the AED1.15 billion residential ...
Read More »Adnoc Drilling acquires additional offshore jack-up rig for $70 million
Abu Dhabi / WAM Adnoc Drilling Company (Adnoc Drilling) on Wednesday announced it has signed a sale and purchase agreement (SPA) to acquire an additional premium offshore jack-up drilling unit (rig) for $70 million. The cost of the acquisition is part of the company’s three-year guidance on capital expenditure and strategic plans to expand its existing business. The sale ...
Read More »Abu Dhabi Airports sees 6.3mn passengers in H1
Abu Dhabi / WAM Abu Dhabi Airports, the operator of the five airports in the emirate of Abu Dhabi, on Wednesday released its passenger traffic report for the first half of 2022. The report revealed healthy figures for passenger traffic of 6,299,725 across Abu Dhabi International, Al Ain International, Al Bateen Executive, Delma and Sir Bani Yas Island airports ...
Read More »AD Ports bags 17 int’l awards
Abu Dhabi / Gulf Time AD Ports group, the leading facilitator of global trade, logistics, and industry, has won 17 awards at The Stevie International Business Awards 2022, the global awards recognising excellence and accomplishments within the workplace. The 19th edition of the awards attracted more than 3,800 nominations from a wide range of organisations. AD Ports group received ...
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