News

  Abu Dhabi / WAM Abu Dhabi Fund for Development (ADFD) has announced a AED 385 million agreement with Minor International Public Company Limited (Mint) to jointly hold shares in five tourist resort assets in Thailand, including Anantara Riverside Bangkok Resort, Avani and Riverside Bangkok Hotel, Riverside Plaza Bangkok, Anantara Layan Phuket Resort and Four Seasons Resort Koh Samui. This ...

  ABU DHABI / WAM The Federal Emergency Crisis and Disasters Prosecution has warned public not to spread rumours or false information about the preventive measures adopted by authorities to curb the spread of Covid-19 and not to flout them. “In light of the recent circulation of photos and videos on social media spreading information from some Covid-19 patients on ...

  Abu Dhabi / WAM Silal, Abu Dhabi’s leading fresh produce and agritech company, has appointed Salmeen Obaid Alameri as the new Chief Executive Officer (CEO). In his new role, Alameri will be tasked to drive the company’s strategic growth. Alameri will work to harness leading capabilities and deploy advanced technology to help secure strategic food reserves, ensuring access to ...

  Abu Dhabi / WAM Zayed University signed a memorandum of understanding (MoU) with Injazat, a Digital Transformation, Cloud, and Cyber Security company, to mentor students on EdTech projects. Spearheaded by Abu Dhabi’s G42, the parent company of Injazat, the partnership will see Zayed University match students from their College of Interdisciplinary Studies, with the mentors and practitioners at Injazat ...

  Bloomberg Oil has started off 2022 with a bang. A market that was supposed to suffer a ballooning surplus instead surpassed $80 a barrel last week as global demand shrugs off the Omicron variant, while a host of supply constraints hit producers from Canada to Russia. With investment banks calling for higher prices, and options contracts invoking the prospect ...

  ABU DHABI / WAM “Extreme Weekends”, a series of astonishing live motorcycle shows taking place at the Sheikh Zayed Festival in Al Wathba, has begun with thrilling shows on its first weekend, and will continue until January 30. On day one of the event, four world-renowned bikers performed mind-boggling stunts on a special track set near the Emirates Fountain, ...

  Abu Dhabi / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has discussed with Anniken Huitfeldt, Minister of Foreign Affairs of the Kingdom of Norway, the cooperation relations between the two countries. In a phone call, the two sides also reviewed a number of issues related to the work programme of the ...

  Dubai / WAM Dubai’s Roads and Transport Authority (RTA) signed a contract for the procurement of 2,219 new vehicles to enhance the fleet of the Dubai Taxi Corporation (DTC). The new batch includes 1,775 hybrid vehicles powered by fuel and electricity. Therefore, the total number of hybrid vehicles in Dubai Taxi fleet jumps to 4,105 vehicles, which constitutes 71 ...

  SHARJAH / WAM The 17th “SteelFab 2022”, Mena’s largest event of its kind, will kick off on Monday at Expo Centre Sharjah. Running from January 10-13, the 4-day event is organised by Expo Centre Sharjah with the support of Sharjah Chamber of Commerce and Industry. With over 150 exhibitors of the major local and international players in metalworking field, ...

  Dubai / WAM In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has approved legislations aimed at creating a new legal framework for Dubai Chambers and their Boards of Directors. The legislations are aimed at helping Dubai Chambers achieve their strategic objectives, reinforcing Dubai’s ...