News

ABU DHABI / WAM Abu Dhabi National Insurance Company (Adnic) on Tuesday reported its financial results for the nine-month period ended on September 30, 2021. The company’s net profit increased by 18 percent to AED333.7 million, compared to a net profit of AED282.8 million for the same period in 2020. Adnic’s gross written premium increased by 2.4 percent to AED3.24 ...

Abu Dhabi / WAM AD Ports Group, a leading facilitator of trade and logistics, has signed a Memorandum of Understanding (MoU) with the Egyptian Group for Multipurpose Terminals, the commercial arm of the Egyptian Ministry of Transportation, for the development and operation of a multipurpose terminal in Safaga Port. The signing was conducted on the sidelines of the 4th Smart ...

Abu Dhabi / WAM Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) has begun the final assessment of the Food Safety Index for the emirate of Abu Dhabi, in collaboration with the Food and Agriculture Organisation of the United Nations (FAO), where various local and federal government agencies related to the Food Safety Index participate in the assessment. The index ...

NAIROBI / WAM Trade enabler, DP World, on Tuesday announced the launch of its global wholesale e-commerce platform DUBUY.com in Kenya. This latest expansion of DUBUY.com follows its successful launch in Rwanda earlier this year, where the platform has become a major gateway for trade in the East Africa region. DUBUY.com is an innovative online marketplace that will help unlock ...

Dubai / WAM National Bonds, an investment company owned by The Investment Corporation of Dubai, has increased its stake in Taaleem Holdings (Taaleem), a company with paid up capital of AED 750 million, from 19.6 percent to 23 percent, which makes National Bonds the largest shareholder in Taaleem. “We are delighted to strengthen our journey with Taaleem, a world-class innovative ...

DUBAI / WAM Comoros celebrated its National Day at Expo 2020 with a flag-raising ceremony at Al Wasl Plaza in the presence of President Azali Assoumani of Comoros and Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence and Commissioner General of Expo 2020 Dubai. Speaking on the occasion, President Assoumani said, “We are pleased that the UAE ...

Dubai / Emirates Business China’s Jinsha Holding Group and UAE’s Royal Strategic Partners signed a strategic cooperation agreement, during a grand ceremony in Dubai. The agreement includes establishing joint ventures in digital assets and entertainment games. Jinsha Holding Group works in several fields, including blockchain technology, finance, entertainment, real estate, and others. Royal Strategic Partners operates and focuses on investing ...

A ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and HRH Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister of Bahrain, discussed ways of strengthening bilateral fraternal ties in a way that benefit their people. During official talks held ...

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 285,711 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Tuesday, 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 ...

Abu Dhabi / WAM Abu Dhabi National Insurance Company (Adnic) on Tuesday reported its financial results for the nine-month period ended September 30. The company’s net profit increased by 18 percent to AED333.7 million, compared to a net profit of AED282.8 million for the same period in 2020. Adnic’s gross written premium increased by 2.4 percent to AED3.24 billion compared ...