News

Bloomberg US employment costs rise at the fastest pace on record in the third quarter as companies across a variety of sectors raised wages against a backdrop of labour shortages. The employment cost index, a broad gauge of wages and benefits, rise 1.3% from prior quarter, according to Labour Department data. The gauge increased 3.7% from a year earlier. Compensation ...

ABU DHABI / WAM Dr Noura Al Ghaithi, Official Spokesperson of the UAE Health Sector, has said the UAE has achieved new successes in addressing the coronavirus (Covid-19) pandemic and strengthened its global stature in few months. During the UAE government media briefing on the Covid-19 pandemic, Al Ghaithi stated that the vital sectors had demonstrated a high level of ...

ABU DHABI / WAM Dr Anwar Gargash, Diplomatic Adviser to the UAE President, has discussed with Hans Grundberg, Special Envoy of the United Nations (UN) Secretary-General for Yemen, the UN efforts to reach a political solution to end the Yemeni crisis. The meeting dealt with developments related to the Yemeni dossier and efforts made by the UN and relevant nations ...

Dubai / WAM The Dubai Airport Freezone Authority (Dafza) welcomed a delegation from the Korean Economic Zone Planning Office to review future cooperation prospects, and to facilitate an improved trade and investment exchange between the UAE and South Korea. The delegation was received by Dr Mohammed Al Zarooni, Director-General of Dafza; and Amna Lootah, Assistant Director-General of Dafza. The South ...

ABU DHABI / WAM The Abu Dhabi Investment Office (ADIO) and Etisalat have announced a strategic partnership that will increase access to Abu Dhabi’s investment and innovation ecosystem for the private sector. The partnership combines ADIO’s support services with Etisalat’s innovation capabilities to deliver opportunities for businesses in the emirate. With its significant investments in cutting-edge infrastructure and smart technologies, ...

ABU DHABI / WAM The Abu Dhabi National Exhibitions Company (Adnec) announced on Wednesday the launch of its plan for expanding the facilities and infrastructure of the group’s centres in Abu Dhabi and London, in a step that will significantly contribute to reaffirming its leading global position in the business tourism sector. The expansion plans will boost Adnec’s competitiveness and ...

ABU DHABI / WAM Wizz Air Abu Dhabi, the UAE’s ultra-low-fare national airline, will add its first Russian destination, Moscow, to its route network. The flight to Moscow will operate daily services, four times a week starting in December on Sunday, Monday, Wednesday and Friday, ramping up to seven times a week in February. The Moscow route brings Wizz Air ...

Abu Dhabi / WAM Hub71, Abu Dhabi’s global tech ecosystem, has selected its new cohort of startups to join its community in the UAE capital. Hub71 is increasing market access for founders worldwide to join and partner with Abu Dhabi’s rapidly growing tech ecosystem, which is now ranked in the top 10 startup ecosystems worldwide, according to Startup Genome. The ...

KIGALI / WAM Sheikh Shakhbout bin Nahyan bin Mubarak Al Nahyan, Minister of State, has met with President Paul Kagame of the Republic of Rwanda, in the capital, Kigali, to review ways to further boost bilateral ties between the two countries in various fields of common interest. Sheikh Shakhbout conveyed to President Kagame the greetings of President His Highness Sheikh ...

Dubai / WAM The UAE has successfully become an established space player, an international space advocacy organisation said on Wednesday. Speaking with the Emirates News Agency (WAM), Pascale Ehrenfreund, President of the International Astronautical Federation (IAF), said the space sector has become extremely vibrant as more emerging countries and commercial players are entering it. “I think the UAE is not ...