News

DUBAI / WAM flydubai, the Dubai-based airline, announced on Tuesday the start of flights to Sohar in Oman becoming the first airline to operate this route from Dubai. This is the carrier’s third destination in the Sultanate, alongside Muscat and Salalah. Flights to Sohar International Airport (OHS) will start on 4th November and will operate twice a week from Terminal ...

Dubai / WAM in5, an enabling platform for entrepreneurs, recently reached a new milestone as its start-ups crossed the AED1.4 billion investment mark, reaffirming Dubai’s leading position as an attractive destination for talent and entrepreneurship. The direct investments came through venture capital and angel investors. More than 150 new companies joined in5 since 2020, bringing the grand total of start-ups ...

ABU DHABI / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has thanked South Korea for its support to the UAE’s offer to host the Conference of the Parties (COP 28) to the United Nations Framework Convention on Climate Change (UNFCCC) in Abu Dhabi in 2023. In a statement, Sheikh Abdullah said, “We ...

DUBAI / WAM flydubai, the Dubai-based airline, announced on Tuesday the start of flights to Sohar in Oman becoming the first airline to operate this route from Dubai. This is the carrier’s third destination in the Sultanate, alongside Muscat and Salalah. Flights to Sohar International Airport (OHS) will start on November 04 and will operate twice a week from Terminal ...

Dubai / WAM In alignment with Dubai’s ecommerce strategy objectives aiming to position the emirate as a global logistics hub for cross-border e-commerce operations, Dubai Customs has signed cooperation framework agreements on the sidelines of Gitex Technology Week with Dubai Airport Freezone (Dafza), Dubai CommerCity, and Dubai South to leverage their e-commerce capabilities and boost the growth of this business ...

Dubai / WAM The Abu Dhabi Digital Authority (ADDA), the government entity leading the digital transformation in the government of Abu Dhabi, has signed a joint collaboration agreement with Amazon Web Services (AWS) during its participation at Gitex Technology Week 2021, which runs until October 21 at the Dubai World Trade Centre. The collaboration agreement comes as part of ADDA’s ...

ABU DHABI / WAM The General Administration of Abu Dhabi Customs has launched, in cooperation with the Government Services Platform “Tamm”, the “Invisible Customs” initiative through the smart “Digital Customs Dashboard” to request and track customs transactions, during Gitex Technology Week 2021. The launch of the initiative is in line with the directives of the wise leadership and the efforts ...

ABU DHABI / WAM Taking place immediately after the UN climate meeting COP 26, Adipec will bring together hundreds of ministers, policymakers and business leaders from across the world to share perspectives on how hydrogen can potentially deliver a holistic, clean, integrated approach to the Middle East and North Africa (Mena) region’s energy sector. Held under the patronage of President ...

DUBAI / WAM Dubai World Trade Centre Free Zone and CNMENA Holding BVI — the parent company of CoinMENA, the Sharia-compliant digital asset exchange company licensed and regulated by the Central Bank of Bahrain — have entered into a Memorandum of Understanding (MoU) to develop a Crypto Asset and Blockchain Hub at Dubai World Trade Centre (DWTC). The agreement was ...

Bloomberg Oil surged to multiyear highs, spurred by an energy-supply crunch as winter approaches. Global benchmark Brent futures earlier rose above $86 a barrel, reaching the highest intraday level since 2018, as Russia opted to keep a lid on gas flows to Europe. West Texas Intermediate crude neared a seven-year high. A shortage of natural gas is creating extra demand ...