News

  Dubai / WAM Emirates Development Bank (EDB) has announced the signing of a credit facility agreement with Valiant Healthcare, the owner of Valiant Clinic & Hospital, a UAE-based boutique multi-specialty clinic and hospital located in CityWalk Dubai. The agreement will extend financing to for both capital investment and operational expenditures, allowing it to fulfil its expansions plans and while ...

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, in his capacity as the Ruler of Dubai, has issued Resolution No.27 of 2022 appointing His Highness Sheikh Ahmed bin Saeed Al Maktoum as Chairman of Expo City Dubai Authority. HH Sheikh Mohammed bin Rashid also issued Resolution No.28 of ...

  Abu Dhabi / WAM Air Arabia Abu Dhabi, the capital’s first low-cost carrier, celebrated its second successful year of operations, having flown over 800,000 passengers on some 7,600 flights operating to 24 routes. The carrier’s fleet grew over the past two year from just 2 Airbus A320 aircraft at launch to 8 new aircraft as of today with additional ...

  ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 297,155 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. ...

  Abu Dhabi / Gulf Time Etihad Airways, the national airline of the UAE, has been named ‘Environmental Airline of the Year 2022’ in the annual Airline Ratings awards. The ranking recognises Etihad’s industry-leading strategy to improve aviation sustainability for both the airline itself and the entire industry. The UN Framework Convention on Climate Change chose the UAE as host ...

  Abu Dhabi / WAM Agthia group PJSC, one of the region’s leading food and beverage companies, on Thursday announced that its board of directors has approved a strategic acquisition of 60 percent of Auf group, a specialised healthy snacks and coffee manufacturer and retailer in Egypt. Established in 2010, Auf group processes, manufactures, retails and distributes a broad portfolio ...

  Abu Dhabi / WAM In his inaugural State visit as President of the United Arab Emirates, His Highness Sheikh Mohamed bin Zayed Al Nahyan is looking forward to meeting with the President of the French Republic, Emmanuel Macron, in Paris. His Highness will be received at the Elysée Palace on Monday, July 18. The visit is an opportunity to ...

  Bloomberg Relieving poor countries of their debt burdens and creating innovative financial instruments could help free up more than $400 billion to help people suffering the most from warming temperatures, according to a new study. Immediate debt relief would unlock about $105 billion that could be directed toward mitigating climate change and preparing developing nations for its effects, the ...

  Abu Dhabi / WAM Abu Dhabi Fund for Development (ADFD) and the Abu Dhabi Exports Office (Adex) signed two loan agreements with the Electricity and Water Authority in Bahrain to finance a water supply network project. Under the agreements, ADFD has committed to provide a loan of AED150.6 million, and Adex to provide a loan of AED187.32 million. The ...

  Dubai / WAM A UAE delegation, led by Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, has concluded a two-day visit to Turkey, to enhance cooperation and explore new areas for future collaboration, especially in the energy, industry and advanced technology sectors. The visit also included meetings with senior government and private sector officials and ...