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Etihad marks UAE Civil Aviation Day

Abu Dhabi / WAM Etihad Airways, the national airline of UAE, is marking UAE Civil Aviation Day with a video featuring its young and talented Emirati workforce to support the UAE’s efforts to elevate awareness of the aviation sector. The video consists of various professions in Etihad Aviation Group including pilots, doctors and engineers. Today, 89 years ago, a pioneering ...

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Abu Dhabi issues 500 plus golden visas to doctors

Abu Dhabi / WAM The Department of Health – Abu Dhabi (DoH), in cooperation with Abu Dhabi Residents Office (ADRO), a division of the Abu Dhabi Department of Economic Development (Added), recognised more than 500 doctors who obtained the Golden Visa in reflection of their efforts. This came as part of Abu Dhabi’s commitment to empower global talent and help ...

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Wetex and DSS host 10 international pavilions

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) said that the 23rd Water, Energy, Technology, and Environment Exhibition (Wetex) and Dubai Solar Show (DSS) will host 10 country pavilions: Italy, Switzerland, Germany, South Korea, Poland, Ireland, Belgium, Chile, Saudi Arabia and Egypt. This year’s exhibition covers over 29,200 square metres. More than 1,200 companies from 55 countries and 61 ...

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Etihad Rail to send Emirati engineers to train in Germany

Abu Dhabi / WAM Etihad Rail, the developer and operator of the UAE National Rail Network, has announced signing a strategic partnership with Herrenknecht, one of the oldest and largest companies specialised in tunnelling solutions, to develop new tunnel design and construction technologies. The agreement, which took place on the sideline of Expo 2020 Dubai, was signed by Shadi Malak, ...

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US trade deficit widens to record $73.3bn in August

Bloomberg The US trade deficit widened to a record in August, reflecting a pickup in the value of imports of consumer goods and industrial supplies. The gap in trade of goods and services increased 4.2% to $73.3 billion, from a revised $70.3 billion in July, according to Commerce Department data. The median estimate in a Bloomberg survey of economists was ...

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Canada’s trade surplus increases in August on larger energy exports

Bloomberg Canada’s trade surplus with the rest of the world expanded significantly in August on larger energy exports. The country’s merchandise trade surplus was C$1.94 billion ($1.5 billion) from a revised C$736 million surplus in July, Statistics Canada reported in Ottawa. Economists were expecting a surplus of C$430 million, according to the median estimate in a Bloomberg survey. August was ...

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Telefonica explores sale of stake in Spanish fiber unit

Bloomberg Telefonica SA is considering options for its Spanish fiber network, including a stake sale, according to people familiar with the matter. The Spanish telecommunications company has spoken with potential advisers about a carve-out of the unit ahead of a possible deal to bring in new investors, the people said, asking not to be identified discussing confidential information. Any transaction ...

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Boris Johnson dismisses supply crisis as turning point for Britain

Bloomberg Prime Minister Boris Johnson sought to play down a supply chain crisis that’s seen fuel shortages across the country and farm animals threatened with destruction, calling it a “turning point” for the UK economy as it emerges from the pandemic and after leaving the European Union. In interviews, Johnson pushed his relentlessly positive message that the country will benefit ...

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Zuckerberg denies putting profit over users’ safety

Bloomberg Facebook Inc Chief Executive Officer (CEO) Mark Zuckerberg addressed a series of negative stories about the company for the first time by saying accusations that it puts profit over user safety are “just not true.” “It’s difficult to see coverage that misrepresents our work and our motives. At the most basic level, I think most of us just don’t ...

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Adnoc, OCI plan to list 13.8% of Fertiglobe shares on ADX

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) and OCI backed fertiliser partnership, Fertiglobe, on Tuesday announced its intention to float a 13.8 percent stake on the Abu Dhabi Securities Exchange (ADX) through an initial public offering (IPO). This offering is open to UAE citizens and residents, as well as domestic and international institutional investors. The offer ...

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