News

AD Ports Group revenues rise 21% to hit AED1.83b in H1 2021

Abu Dhabi / WAM AD Ports Group on Saturday announced its financial results for the first half of the year ended 30 June 2021, reporting revenue increase of 21% year-on-year to AED 1,832 million ($499 million) compared with AED 1,517 million ($413 million) in the first half of 2020, driven by organic growth, diversification into new businesses, new leases and ...

Read More »

WAM, RNW Media enhance cooperation in media training

AMSTERDAM / WAM Mohammed Jalal Al Rayssi, Director-General of Emirates News Agency (WAM), has met with Jacqueline Lampe, CEO at RNW Media, and Wouter van Tongeren, Director of Partnerships Management at RNW Media, based in Amsterdam, Netherlands. RNW Media is among the most crucial youth training centres concerned with training media professionals in various countries on the latest professional media ...

Read More »

Slovakia introduces its first hydrogen car at Expo 2020

Dubai / WAM The Slovakia Pavilion at Expo 2020 Dubai has unveiled the country’s first hydrogen car – a sleek, aerodynamic sports car that produces no harmful emissions. The MH2 hydrogen car was designed by Branislav Maukš, the Slovak designer who has contributed to the design of every Ferrari model since 2007. The concept car boasts a unique, functional design, ...

Read More »

Shurooq unveils four new hospitality projects in Sharjah

Sharjah / WAM The Sharjah Investment and Development Authority (Shurooq) announced that the Mysk Moon Retreat has begun welcoming guests and bookings to experience the emirate’s first-of-its-kind luxury glamping destination, and unveiled four new luxury hospitality projects in Sharjah’s Central and Eastern regions which are: Al Jabal Resort in the city of Khorfakkan, a luxurious hotel in the city of ...

Read More »

UAE reports 159 new recoveries from Covid-19

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 362,508 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 treatment. As ...

Read More »

G7CR to launch STAB program for ISVs at Gitex Global 2021

Dubai / Emirates Business G7 CR Technologies MEA LLC- the leading cloud managed service provider, announced the launch of its STAB program (Sales, Technical and Business Enablement) for Independent Software Vendor (ISV) in the MEA region. The program will provide for ISV’s benefits of up to $25,000 and will also focus on offering strategic support in Sales enablement, Tech enablement ...

Read More »

Mohamed, president of Congo discuss enhancing cooperation

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 President of the Republic of the Congo, Denis Sassou Nguesso, on Wednesday discussed relations and cooperation between the their countries and ways to enhance them in the economic, trade, investment, and developmental areas ...

Read More »

Abu Dhabi launches golden list of industrial products

ABU DHABI / WAM The Abu Dhabi Department of Economic Development (Added) launched the golden list project of the industrial products in Abu Dhabi, in collaboration with the Department of Government Support (DGS). This project supports the ICV Certification by encouraging contractors to purchase “Golden list” products in the government bids. This will, in turn, enhance the versatility of the ...

Read More »

Etihad raises $1.2bn in sustainability-linked loan

Abu Dhabi / WAM Etihad Airways raised $1.2 billion in the first sustainability-linked loan (SLL) tied to environmental, social and governance (ESG) targets in global aviation. The transaction is the largest sustainable financing in the airline’s history and follows two innovative aviation financing deals – a first-of-a-kindsustainability-linked transition sukuk in 2020 and a loan tied to the UN Sustainable Development ...

Read More »

Fertiglobe IPO may raise $827m

ABU DHABI / WAM Fertiglobe, a 58:42 partnership between OCI and Adnoc on Wednesday announced the offer price range and the opening of the subscription period for its initial public offering (IPO) on the Abu Dhabi Securities Exchange (ADX). The opening of the subscription period for the IPO commences Wednesday, October 13, and will continue until Monday, October 18 for ...

Read More »
Send this to a friend