News

UAE receives int’l praise for efforts to combat pandemic

Abu Dhabi / WAM Roberto Speranza, Italian Minister of Health, and current president of the G20 ministers of health, has praised the UAE for its exemplary efforts in combating the coronavirus pandemic and speed in implementing one of the most effective Covid-19 responses globally, evident with one of the lowest mortality and infection rate around the world. The approach ensured ...

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IAEA’s ConvEx-3 ‘Barakah UAE’ exercise successfully concludes

Abu Dhabi / WAM The UAE on Monday concluded the exercises of the International Atomic Energy Agency’s (IAEA’s) ConvEx-3 ‘Barakah UAE’, amid great success, highlighting the country’s national readiness and full ability to deal with unusual conditions in nuclear and radiological emergencies. The UAE’s hosting of the exercise also cemented the international community’s confidence in the nuclear energy infrastructure, and ...

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Dubai achieves world record for first 3D-printed lab

Dubai / WAM Dubai Electricity and Water Authority (Dewa) marked another breakthrough by achieving the Guinness World Records title for the first 3D-printed laboratory in the world. The record was awarded for Dewa’s Robotics & Drone laboratory, housed within the Research & Development (R&D) Centre at the Mohammed bin Rashid Al Maktoum Solar Park. Saeed Mohammed Al Tayer, MD and ...

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Sheikh Mohamed orders golden visas for frontline heroes, families

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, has directed granting Golden Visas to “frontline heroes” and their families. Those eligible include the families of fallen frontline heroes, and distinguished individuals whose extraordinary efforts helped protect the nation and its people throughout ...

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ADIB’s 9-month net profit up 43% to AED1.6 billion

ABU DHABI / Emirates Business Abu Dhabi Islamic Bank (ADIB), a leading Islamic bank in the region, delivered a strong set of financial results for the first nine months of 2021. Net profit surged 43% year-on-year to AED 1,602 million from AED 1,121 million in the same period last year. The growth in net profit reflects the strong underlying performance ...

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1,726 Emiratis get their new homes in Dubai, Rak, Ajman

ABU DHABI / WAM The Ministry of Energy and Infrastructure, through the Sheikh Zayed Housing Programme, announced the delivery of newly constructed homes to 1,726 UAE nationals across Dubai, Ras Al Khaimah and Ajman. Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, said that the programme will continue offering eligible Emirati citizens keys to their new homes, as ...

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Saudi Aramco earnings rise on oil output, prices

Bloomberg Saudi Aramco’s earnings soared as oil prices and production climbed, allowing the world’s biggest crude producer to cover its quarterly dividend of $18.75 billion with free cash flow. Third-quarter profit rises to 114.1 billion riyals ($30.4 billion) from 44.2 billion riyals year ago, beating a company-compiled estimate of $29.1 billion. Free cash flow was $28.7 billion. Aramco has benefited ...

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US, EU eye global coalition to fix steel, aluminum markets

Bloomberg The US and the European Union (EU) clinched a tariff-busting trade accord over the weekend that they’ll try to leverage into a broader global arrangement that would penalise countries that don’t meet low-carbon targets for steel and aluminum exports. President Joe Biden and European Commission President Ursula von der Leyen hailed the agreement on Sunday in Rome on the ...

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Emirates-Seychelles deal to promote trade, tourism

DUBAI / WAM Emirates signed a Memorandum of Understanding (MoU) with the Seychelles Tourism Board at Expo 2020, reaffirming its commitment to the island nation and outlining joint initiatives to promote trade and tourism to the country. The MoU was signed by Ahmed Khoory, Emirates’ SVP Commercial West Asia and Indian Ocean, and Sherin Francis, Principal Secretary Tourism Department, Tourism ...

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Registration for 11th edition of Sial ME opens

Abu Dhabi / WAM The registration for the 11th edition of Sial Middle East 2021 (Sial ME) is now open. Sial ME will return to Abu Dhabi from December 7-9. Organised and hosted by Abu Dhabi National Exhibitions Company (Adnec), the event will be held under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, ...

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