News

  Abu Dhabi / WAM International Holding Company (IHC) formally has agreed the merger of its subsidiary Al Tamouh Investments with Al Qudra Holding. The transaction will be completed through the transfer of shares in Al Tamouh Investments in return for the unsecured mandatory convertible bonds issued by Al Qudra Holding. In parallel, the Board of Directors of Al Qudra ...

  Dubai / WAM The Spain Pavilion in the heart of the Sustainability District at Expo 2020 Dubai has recorded a total of 500,000 visits since its opening on October 1. Themed “Intelligence for life”, the pavilion aims to become an example of intelligent creativity, capable of uniting people around sustainable projects in the fields of science, technology, education, and ...

    ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 278,933 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary ...

    Dubai / WAM The UAE government and the World Health Organisation (WHO) has announced a new partnership to support the global health sector, under which WHO will adopt the UAE government accelerators model to speed up the achievement of its strategic goals and initiatives, and to ensure providing of healthy lifestyles and prosperity at all ages. The launch ...

  Abu Dhabi / WAM Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable development, hosted by Masdar, will be held from January 15-19, 2022. As the first major sustainability event taking place after COP26, ADSW 2022 will bring together the global community across high-level events, with participants including heads of state, policy makers, industry specialists, technology pioneers ...

  Abu Dhabi / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union (GWU), President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation (FDF), the Mother of the Nation, was named the most influential figure in women’s rights in 2021 by the Arab Council for Social Responsibility (ACSR). The ...

  Abu Dhabi / WAM Adnoc Distribution, the UAE’s largest fuel and convenience retailer, further demonstrates its commitment to its growth strategy by establishing an exclusive partnership with Cars Taxi. The five-year deal sees Adnoc Distribution as only supplier of fuel and lubricants for Cars Taxi’s 3,000-plus strong fleet in UAE. The contract will supply all Cars Taxi vehicles with ...

    Dubai / WAM Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy, has announced that Dubai reduced its carbon emissions by 33% in 2020, exceeding the target of the Dubai Carbon Abatement Strategy 2021 by more than double. The Dubai Carbon Abatement Strategy aims to reduce carbon emissions by 16% by 2021. This new ...

    Bloomberg UK business groups called for government support after Prime Minister Boris Johnson announced restrictions to curb the spread of the omicron variant, which Bloomberg Economics estimates could cost the economy as much as 2 billion pounds ($2.6 billion) a month. In remarks following Johnson’s televised address to the nation, business groups said the measures, which include advice ...

  Bloomberg Spanish inflation accelerated to the fastest in nearly three decades in November on rising food prices, underscoring the lingering consequences of supply-chain bottlenecks across Europe. Consumer prices jumped 5.6%, national data showed — the highest since September 1992. The European Union-harmonised measure also came in at that level, matching the median forecast in a Bloomberg survey. A national ...