News

Bloomberg Oil rallied for a fourth day as a government report showed US stockpiles dropped last week, exacerbating global supply concerns with shipments from Libyan ports suspended. West Texas Intermediate rose as much as 2.4% to trade near $114 a barrel. US crude stockpiles fell 2.76 million barrels last week, according to an Energy Information Administration (EIA) report on Wednesday. ...

  VIENNA / WAM The UAE has presented its Fourth National Report on Compliance with the Obligations of the Joint Convention on the Safety of Spent Fuel Management and on the Safety of Radioactive Waste Management. The UAE is participating as a Contracting Party to the Joint Convention, which is holding its 7th review meeting at the International Atomic Energy ...

  Abu Dhabi / WAM Abu Dhabi Securities Exchange (ADX) announced that it has listed Invictus Investment Company, a trading firm specialising in agro-food commodities, raw materials for industries and finished goods, and a subsidiary of Invictus Holding Limited. The company made its trading debut on Abu Dhabi Securities Exchange’s Growth Market as it takes steps to broaden the products ...

  Dubai / WAM Dubai Future Foundation (DFF) organised an event bringing together startups with venture capital firms to explore opportunities for collaboration and growth in the technology and digital economy sector. In line with DFF’s ongoing efforts to enhance Dubai’s position as a global hub for tech innovators and investors, the event was part of the “10×10” initiative launched ...

  Abu Dhabi / WAM Sharif Al Olama, Under-Secretary of the Ministry of Energy and Infrastructure for Energy and Petroleum Affairs, highlighted the deep-rooted ties between the UAE and Germany, lauding their overall relations. He made this statement while heading an Emirati delegation visiting Germany, in the presence of Abdullah Al Hameli, Head of Political Affairs Section at the UAE ...

  Abu Dhabi / WAM Etihad Airways and Abu Dhabi International Airport have geared up resources and are ready to welcome 2.7 million network passengers over the summer months, following a surge in demand for global travel. Over 1.4 million passengers will depart from Abu Dhabi International Airport, including 330,000 local joiners, with more than 1,100 weekly network-wide departures. Mohammad ...

  ABU DHABI / WAM With the support of His Highness Sheikh Saeed bin Zayed Al Nahyan, Abu Dhabi Ruler’s Representative, the Emirates Red Crescent (ERC) has provided humanitarian and food aid to over 150,000 refugees in Jordan, Bangladesh, Iraq’s Kurdistan Region, and Turkey. The ERC’s aid also included air conditioners sent to the UAE-Jordanian Camp for Syrian Refugees in ...

  Dubai / WAM Dubai Future Foundation (DFF) organised an event bringing together startups with venture capital firms to explore opportunities for collaboration and growth in the technology and digital economy sector. In line with DFF’s ongoing efforts to enhance Dubai’s position as a global hub for tech innovators and investors, the event was part of the “10×10” initiative launched ...

  WASHINGTON DC / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, concluded a two-day visit to Florida, which focused on expanding the bilateral UAE-US trade and commercial relationship. His trip to the “Sunshine State” builds on recent economic development missions to the UAE by local South Florida officials. Dr Al Zeyoudi met Broward County ...

  ABU DHABI / WAM Abu Dhabi Waste Management Centre (Tadweer) has announced a comprehensive work plan for Eid Al-Adha to manage the expected increase in the volume of waste during the holiday. Dr Salem Khalfan Al Kaabi, Tadweer Director-General, said, “The centre is constantly working to improve the services that it provides to the community of Abu Dhabi, which ...