News

ABU DHABI / WAM Air Arabia Abu Dhabi has announced introduction of a new service to three destinations in India starting from November 3, as part of its ongoing plans to cater to travelers needs from Abu Dhabi. Abu Dhabi travellers will be able to fly to Cochin, Calicut and Trivandrum. The new service represents the 15th route for Air ...

Dubai / WAM His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority, Chairman of Dubai Airports and Chairman and Chief Executive of Emirates Airline and Group, has emphasised the importance of Dubai Airshow 2021, describing the event as “an opportunity to reconnect the aviation, aerospace, space and defence industries.” During a press conference in Dubai ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...