News

Ajman sees 16% growth in new licenses in H1 ’22

  AJMAN / WAM The Department of Economic Development in Ajman (Ajman DED) has announced the results of the business movement for the first half of the current year, 2022. The number of new economic licenses increased to 2,637, with a growth of 16%, compared to 2,271 licenses in the first half of 2021. The increase reflects the continuity of ...

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Etihad scales up its cargo operations with new generation A350F freighter

  ABU DHABI / WAM Etihad Airways has firmed up its order with Airbus for seven new generation A350F freighters, following its earlier commitment announced at the Singapore Airshow. The freighters will upgrade Etihad’s freight capacity by deploying the most efficient cargo aircraft available in the market. This order of the A350F sees the national carrier of the UAE expanding ...

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Adnec opens registration for Idex, Navdex ’23

  Abu Dhabi / WAM Abu Dhabi National Exhibition Company (Adnec) announced opening the e-registration for the 16th edition of the International Defence Exhibition and Conference (Idex 2023), and the 7th edition of the Naval Defence Exhibition and Conference (Navdex 2023), taking place on February 20-24, 2023. Organised by Adnec at Abu Dhabi National Exhibition Centre – in collaboration with ...

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ADX market data goes live on TradingView platform

  Abu Dhabi / WAM The Abu Dhabi Securities Exchange (ADX) has signed a new data-sharing partnership with TradingView, a US-based leading financial information portal, to help attract a new generation of global traders and investors to the exchange. As part of the agreement, ADX market data is now live on TradingView’s platform and accessible by a large base of ...

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Adnec opens registration for Idex, Navdex 2023

  Abu Dhabi / WAM Abu Dhabi National Exhibition Company (Adnec) has announced opening the e-registration for the 16th edition of the International Defence Exhibition and Conference (Idex 2023), and the 7th edition of the Naval Defence Exhibition and Conference (Navdex 2023), taking place on February 20-24, 2023. Organised by Adnec at Abu Dhabi National Exhibition Centre – in collaboration ...

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PCFC call centre receives 70,000 calls, inquiries

  DUBAI / WAM The Call Centre of the Ports, Customs and Free Zone Corporation (PCFC) received during the first half of 2022 about 70,000 inquiries through various communication channels provided by the Corporation. Hend Ahmad Shaker, Director of the Strategy and Communication Department at PCFC, confirmed that the Call Centre works 24/7 to serve the Corporation’s customers and its ...

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UAE launches ‘dynamics of circularity series’

DUBAI / WAM The Ministry of Climate Change and Environment (MOCCAE) has kickstarted the Dynamics of Circularity Series, a periodic stakeholder assembly aimed at sharing knowledge, building capacities, and exploring opportunities to implement circular economy practices in priority sectors. As part of the series, the ministry organised a workshop dedicated to the F&B sector in partnership with UAE Food & ...

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Etihad scales up its cargo operations with A350F freighter

  Abu Dhabi / WAM Etihad Airways has firmed up its order with Airbus for seven new generation A350F freighters, following its earlier commitment announced at the Singapore Airshow. The freighters will upgrade Etihad’s freight capacity by deploying the most efficient cargo aircraft available in the market. This order of the A350F sees the national carrier of the UAE expanding ...

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Maersk sees record $31 billion profit as shipping rates surge

Bloomberg AP Moller Maersk A/S raised its profit forecast for this second time this year after congestion on trade lanes boosted global freight rates, creating an “exceptional market” for transport companies. Maersk, which controls about one-sixth of the world’s container trade, and its peers have benefited from supply-line disruptions as a shortage of shipping capacity has enabled them to charge ...

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France experiences driest July on record

Bloomberg France experienced its driest July on record as searing heat spread across Europe, putting strain in key crops. The average precipitation across the country was 8.1 millimeters, making it the driest month since March 1961, forecaster Meteo France said on its website. Rainfall in Brittany, Auvergne and Corsica was at least 95% below the norm. The scorching temperatures and ...

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