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 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 ...

ABU DHABI / WAM The UAE’s ministers of economy, education and community development stressed that the UAE’s new five-year federal budget underscores its approach and the vision of the UAE’s leadership aimed at driving development and achieving prosperity and wellbeing. The UAE’s budget will help usher in an era of further achievements, excellence and influence to achieve its UAE Centennial ...

DUBAI / WAM The governments of the UAE and the United Kingdom (UK) have agreed on a new action plan to strengthen their economic ties across a wide range of vital and future sectors, including clean energy, research and development, innovation, infrastructure, tourism, food security, new technologies, AI, space and the Fourth Industrial Revolution. The two sides also agreed on ...

DUBAI / WAM DP World’s leading trade and logistics hub Jebel Ali Free Zone (Jafza) signed a Memorandum of Understanding (MoU) with Arab Bank for Investment and Foreign Trade (Al Masraf) as part of its support to the business operations of SMEs and other licenced enterprises within Jafza. The agreement strengthens DP World’s commitment to facilitate the business activities of ...