News

  ABU DHABI / WAM Marking the launch of its pioneering mental wellbeing initiative, Agthia group held its annual Townhall meeting with the employees from across the region. Agthia’s “You Are Heaerd” initiative was designed based on the belief that employees’ mental wellbeing can help them cope with stress, enjoy good relationships, contribute more effectively to their community, realise their ...

  Sharjah / WAM The 6th edition of Al Dhaid Date Festival came to a successful conclusion at Expo Al Dhaid, after four days of heritage activities and strong competitions among exhibitors. Organised by the Sharjah Chamber of Commerce and Industry (SCCI), the festival drew more than 30,000 visitors, who explored and learnt about the best and finest types of ...

  Cairo / WAM The second Higher Committee meeting of the Industrial Partnership for Sustainable Economic Development kicked off on Monday in Cairo in the presence of Dr Nevin Jameh, Egypt Minister of Trade and Industry, Dr Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, and Yousef Al Shamali, Jordanian Minister of Industry, Trade and Supply. At ...

  Abu Dhabi / WAM The Abu Dhabi International Boat Show (Adibs), organised by the Abu Dhabi National Exhibitions Company (Adnec), has entered into a three-year sponsorship agreement with Abu Dhabi Maritime to support the event’s upcoming editions. Under the patronage of HH Sheikh Nahyan bin Zayed Al Nahyan, Chairman of the Board of Trustees of the Zayed Charitable and ...

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said the UAE is strengthening its stature in the space sector, due to its people’s determination and ambition, noting that Emirati astronaut Sultan Al Neyadi represents ...

Bloomberg Oil posted a weekly loss with softer European economic data and signals of US fuel demand stalling souring the market’s outlook. West Texas Intermediate falls 1.7% to slip below $95 a barrel in a choppy session. Crude posted a weekly decline as broader markets swayed oil prices in sessions characterised by sharp swings and low liquidity. On July 22, ...

  DUBAI / WAM The Ministry of Human Resources and Emiratisation (MoHRE) has announced that Saturday, July 30, will be an official paid holiday for all private sector employees in the UAE on the occasion of Islamic New Year, 1444 AH. This comes in line with the decree issued by the UAE cabinet to unify the number of holidays between ...

  DUBAI / WAM Cruise, the self-driving car service, will start this month the operation of two Chevrolet Bolt electric vehicles (EVs) to prepare digital maps for Cruise’s self-driving vehicles. The process is a prelude for the launch of the actual service in 2023, rendering Dubai the first city in the world to commercially operate Cruise self-driving vehicles outside America. ...

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) has commissioned 287 11kV substations in Dubai in the first half of 2022. This is part of its efforts to provide a state-of-the-art infrastructure according to the highest international standards. These stations are primarily in Al Merkad, Jabal Ali First, Saih Shuaib 2, Al Jadaf, and Burj Khalifa areas. Building these ...

  Umm Al Qaiwain / Gulf Time National Bank of Umm Al-Qaiwain has posted a net profit of AED165.30 million for the six months of the year 2022. Net profit has cost to income stood at 29.38% during six months, reflecting the bank’s operational efficiencies and disciplined cost management. The bank is focused on exercising prudence and building up provisions ...