News

  Dubai / WAM Dubai’s Roads and Transport Authority (RTA) is restoring 4 intercity bus services as of May 19, especially with life returning to normal in the wake of the Covid-19 pandemic, and the growing demand for buses across these routes. “The four intercity bus routes to be resumed from Dubai are: E100 from Al Ghubaiba Bus Station to ...

  ABU DHABI / WAM Ahmed Ali Al Sayegh, Minister of State, has held a virtual meeting with Turkmen Deputy Prime Minister and Foreign Minister Rashid Meredov to discuss the cooperation between the UAE and Turkmenistan. During the meeting, Al Sayegh conveyed, to Meredov, the greetings of His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister ...

  Ajman / WAM The Department of Economic Development in Ajman (Ajman DED) issued 1,275 new licences during the first quarter (Q1) of this year, with a growth rate of 10 percent compared to the same period of 2021, according to the business movement report issued by the Commercial Registration and Licencing Sector at the Ajman DED. The remarkable growth ...

  ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz of Saudi Arabia, after he was discharged from King Faisal Specialist Hospital in Jeddah following successful medical tests. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President ...

  Abu Dhabi / WAM International Holding Company (IHC) announced on Tuesday the completion of an AED7.3 billion ($2 billion) investment transaction in the Adani Portfolio companies, Adani Green Energy Limited (AGEL), Adani Transmission Limited (ATL) and Adani Enterprises Limited (AEL). IHC has provided capital to Adani Green Energy, Adani Transmission, and Adani Enterprises, which are all listed on the ...

Geneva / WAM A worldwide improvement in students’ capacity for problem-solving to the average level of today’s top 10 scoring countries could add an additional $2.54 trillion to the global economy, World Economic Forum (WEF) said in its latest report. The compound effects of the pandemic, pre-existing inequalities, and the rapid technological change of the Fourth Industrial Revolution (4IR), mean ...

  Erbil / WAM dnata, a leading global air and travel services provider, has announced a significant expansion of its operations in Erbil, Iraq. The company opened a new, advanced cool chain facility and a bus maintenance facility for its state-of-the-art bussing fleets at Erbil International Airport (EBL), which together represent a total investment of $3.5 million. dnata has also ...

  DUBAI / WAM Yalla Group Limited, the UAE-based leading voice-centric social networking and entertainment platform in the Middle East and North Africa (Mena), on Tuesday announced its financial results for the first quarter of the fiscal year 2022, recording AED 265.7 million in revenues. According to Yalla Group’s latest financial results, the GAAP and non-GAAP net margins during the ...

Abu Dhabi / WAM The President of the Maldives has congratulated His Highness Sheikh Mohamed bin Zayed Al Nahyan as the new President of the UAE, saying HH Sheikh Mohamed is a beacon of hope. In an exclusive interview with the Emirates News Agency (WAM), Ibrahim Mohamed Solih, President of the Maldives, said,”His Highness Sheikh Mohamed’s strong statesmanship and his ...

  Ras Al Khaimah / WAM Gulf Pharmaceutical Industries (Julphar) reported on Tuesday its financial results for the first quarter ending March 31, announcing AED418.6 million in net sales in Q1 2022, a 156% increase from Q1 2021. Growth was driven by an increase in sales attributed to the strategic acquisition of Planet Pharmacies and a 37% organic growth from ...