News

Bloomberg Opec sees oil demand continuing to grow to the middle of next decade, even as world leaders prepare for another attempt to avert catastrophic climate change. Global fuel consumption will fully recover from its pandemic slump by 2023, and will keep growing until it hits a plateau shortly after 2035, the Organization of Petroleum Exporting Countries (Opec) said in ...

ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued a federal decree appointing Hamed Khamis Saif Al Kaabi as Director-General of the Federal Geographic Information Centre (FGIC). Al Kaabi brings over 18 years of experience across several positions in geospatial technology, mapping, surveying, geographic information systems (GIS) and remote sensing, besides his knowledge in ...

SHARJAH / WAM Energy generated in the Emirate of Sharjah amounted to 5.4 billion kilowatt-hours during the first half of the year, according to latest statistics by the Sharjah Electricity, Water and Gas Authority (Sewa). Figures indicated that the residential sector in the Emirate of Sharjah is the most in consuming electricity at 41.19 percent, and the commercial sector is ...

DUBAI / WAM Emirates will restart flights to London Gatwick Airport (LGW) from December 10, responding to the easing of international travel restrictions and an upsurge in passenger demand for winter sun. The world’s largest international airline will resume services to its second London gateway with a daily flight operated by a B777 aircraft, across First, Business and Economy class. ...

Al Ain / Emirates Business P N C Menon, Chairman and Founder of Sobha Ltd praised the attractive investment environment in the UAE, which encourages investors, businessmen, regional and international companies to invest and discuss various opportunities in different sectors. P N C Menon welcomed the governmental decisions regarding the “Projects of the 50”, explaining that they will contribute to ...

Dubai / Emirates Business Emirates, the Premier Partner and Official Airline of Expo 2020 Dubai, on Tuesday revealed a head-turning A380 livery dedicated to further carrying the global event’s messages worldwide. A bold departure from the airline’s traditional white and gold paint scheme, this bright blue aircraft livery features large-scale graphics in vivid green, orange, pink, purple and red, which ...

Dubai / Emirates Business Mastercard has entered a strategic partnership with Lulu Exchange to enable UAE consumers to carry out simple, speedy, and secure remittances through the Lulu Money mobile app. Transactions made using Mastercard debit cards will bear no additional ‘merchant transaction fees’, making Lulu Exchange the first exchange house in the UAE to enable such a facility for ...

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, received on Tuesday Jake Sullivan, US National Security Advisor, who is currently on a tour of several countries in the region. During the meeting, which took place at Al Shati’ Palace, Sheikh Mohamed and ...

Dubai / WAM Massimo Falcioni, CEO of Etihad Credit Insurance (ECI), has affirmed that the company – since its establishment in 2018 – is instrumental in achieving the target adopted in the UAE National Agenda for non-oil Export Development, aiming at accessing 25 new global markets and advance the company’s foreign trade, thanks to ECI’s partnership strategy with foreign governments’ ...

SHARJAH / WAM In fulfilment of its mission to provide a safe travel experience and pioneering services for all within an environment that supports innovation, the Sharjah Airport Authority (SAA) launched the distinctive sonic branding of Sharjah Airport. The musical tone, inspired by the sounds and movements of the airport, adds a new dimension to the airport’s identity. The sonic ...