ABU DHABI / WAM The UAE’s Ministry of Defence (MoD) announced on Monday that its air defence forces had intercepted and destroyed a ballistic missile launched by the Houthi terrorist group at the UAE. The ministry confirmed in a statement that “there were no casualties resulting from the attack and the fragments of the ballistic missile fell in different ...
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Oil set for strongest gain in decades as market tightens
Bloomberg Oil markets opened the week higher and were heading for the biggest gain in at least 30 years as robust demand outpaced fresh supply. The global crude benchmark rises 1.3%, paring earlier gains, but remains on track for a 17% gain this month. West Texas Intermediate futures traded above $87 a barrel. Traders were greeted on Monday with ...
Read More »Masdar City, MBRIF join hands to cultivate entrepreneurship
Abu Dhabi / WAM Masdar City and the Mohammed Bin Rashid Innovation Fund (MBRIF) on Monday announced a strategic partnership designed to cultivate entrepreneurship and economic development in the UAE and at an international level. The initiative will extend support to innovative SME’s, while also sharing industry knowledge and collaborating to develop the entrepreneurship ecosystem at home and abroad. ...
Read More »Strengths of UAE’s book industry in focus at Cairo fair
Sharjah / WAM The Emirates Publishers Association (EPA) is marking its presence at the ongoing 53rd edition of the Cairo International Book Fair (CIBF) with 275 titles from 22 Emirati publishers, spanning a range of genres. Publishers are showcasing 2,415 books to businesses and visitors at EPA’s pavilion through the ‘Manassah’ platform, which offers exclusive privileges to EPA members. ...
Read More »Aafaq announces services, special offers for Expo 2020
Dubai / Gulf Time The “Aafaq Islamic Finance†platform, the leading institution in the financial sector and providing financial products and services in compliance with the provisions of Islamic Sharia, continues to provide its services and offers for the “Expo 2020 Dubai”, amid an increasing number of visitors to this largest global exhibition. Participants and visitors from individuals to ...
Read More »Danube Home launches its all-new kids’ furniture collection
Dubai / Gulf Time Every parent wants to give the best life can offer to their kids, but growing minds also need a space of their own to hone their skills, to get a peaceful well-rested lay, while also serving their educational and play needs. Keeping this in mind, Danube Home has launched its all-new kids’ furniture collection that ...
Read More »Masdar City, MBRIF partner to cultivate entrepreneurship
Abu Dhabi / WAM Masdar City and the Mohammed Bin Rashid Innovation Fund (MBRIF) on Monday announced a strategic partnership designed to cultivate entrepreneurship and economic development in the UAE and at an international level. The initiative will extend support to innovative SME’s, while also sharing industry knowledge and collaborating to develop the entrepreneurship ecosystem at home and abroad. ...
Read More »Abu Dhabi, Mauritius to bolster economic ties
ABU DHABI / WAM The Abu Dhabi Chamber of Commerce and Industry has signed a cooperation agreement with the Economic Development Board of Mauritius (EDB) to further deepen the economic and trade relations between Mauritius and the emirate of Abu Dhabi. The agreement also aims at serving the business environment as a world system for positive partnership, share experiences ...
Read More »Zayed II Military College produces qualified leaders, says Mattar Al Dhaheri
Abu Dhabi / WAM Mattar Salem Ali Al Dhaheri, Under-Secretary of the Ministry of Defence, said the 50th anniversary of Zayed II Military College coincides with the UAE’s golden jubilee, proving the country has been aware, since its establishment, of the importance of creating a strong army. In his speech on the occasion, he added the Founding Father, late ...
Read More »dnata to invest $224m in Amsterdam cargo centre
Dubai / WAM dnata, a leading global air and travel services provider, announced a major, over €200 million ($224.07 million) investment in a fully automated cargo centre, dnata Cargo City Amsterdam, at Amsterdam Airport Schiphol (AMS). dnata Cargo City Amsterdam will significantly enhance cargo capacity in The Netherlands and create new, direct jobs with dnata. It will enable dnata ...
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