ABU DHABI / WAM The Department of Community Development in Abu Dhabi (DCD) and Statistics Centre — Abu Dhabi (SCAD) signed a cooperation agreement that will allow the two entities to accurately measure the quality of life for workers in Abu Dhabi. The aim is to activate their role within a set of future programmes that will help them to ...
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Oil tumbles to 11-week low as virus spread hits outlook
Bloomberg Oil plunged to an 11-week low, extending losses after the worst week since October, as new waves of Covid-19 threatened fuel demand. Futures fell below $66 a barrel in New York, while wilting timespreads showed the market is faltering. Goldman Sachs Group Inc downgraded its economic growth forecast for China as the country imposed measures to contain virus flare-ups, ...
Read More »UAE leaders wish Arab, Islamic leaders on new Hijri year
ABU DHABI / WAM President HH Sheikh Khalifa bin Zayed Al Nahyan has sent congratulatory messages to kings, presidents and emirs of the Arab and Islamic countries on the advent of new Hijri year 1443. President His Highness Sheikh Khalifa bin Zayed wished them good health and happiness, further progress and prosperity for their people and dignity and glory for the ...
Read More »Adnic’s first half profit up 31.1% to AED248.7m
ABU DHABI / WAM Abu Dhabi National Insurance Company (Adnic), a multi-line insurance providers for both corporates and individuals, reported net profit for the six-month period ended 30th June 2021 increased by 31.1 percent to AED248.7 million, compared to AED189.7 million for the same period in 2020, driven by outstanding performance in both underwriting and investment activities. Gross written premiums ...
Read More »Air Arabia reports H1 net profit of AED44m
SHARJAH / WAM Air Arabia, the Middle East & North Africa’s first and largest low-cost carrier operator, on Monday reported a profitable first half (January to June) 2021 despite Covid-19 continued impact on the aviation’s industry financial and operational performance. Air Arabia reported a net profit of AED 44 million for the first six months ending on June 30, 2021, ...
Read More »DLD’s disputes centre resolves 8,713 cases in H1
Dubai / WAM The Rental Disputes Centre (RDC), the judicial arm of the Dubai Land Department (DLD), resolved 61,555 primary rental cases from 2015 to the end of 2020, representing just two percent of the total number of documented Ejari contracts (4,280,292 contracts) registered with the department during the same period, which has enhanced the community’s confidence in the laws ...
Read More »Gulf Craft records 42% rise in order book value in H1 2021
UAE / Emirates Business Gulf Craft, one of the world’s leading shipbuilders, recorded a robust 42% growth in the value of its global order book during the first half of the year (January to June 2021) compared to the full year of 2020. The fully integrated boat and yacht manufacturer has secured 71 confirmed orders for its range of boats ...
Read More »Sharjah Ruler issues decree appointing Deputy Ruler of emirate
SHARJAH / WAM HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued Emiri Decree regarding the appointment of a Deputy Ruler of the Emirate of Sharjah. Emiri decree No. 25 of 2021 stipulates that Sheikh Sultan bin Ahmed bin Sultan Al Qasimi will be appointed as the Deputy Ruler of the Emirate ...
Read More »Deal signed to measure quality of life of workers
ABU DHABI / WAM The Department of Community Development in Abu Dhabi (DCD) and Statistics Centre — Abu Dhabi (SCAD) signed a cooperation agreement that will allow the two entities to accurately measure the quality of life for workers in Abu Dhabi. The aim is to activate their role within a set of future programmes and initiatives that will help ...
Read More »SAA enhances self check-in services
SHARJAH / WAM Sharjah Airport Authority (SAA) continues to enhance travellers’ experience by implementing a wide range of self check-in services, allowing passengers and customers to clear their transactions and complete the on-the-ground process quickly, while reducing waiting time during peak hours. With the new initiatives, the SAA aims to increase their customers’ satisfaction and improve their experience at Sharjah’s ...
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