News

Dubai / WAM The total number of hybrid/electric taxis and limousines in Dubai amounted to 4,683 in 2020, Mattar Mohammed Al Tayer, Director-General, Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA), revealed. Of these, 4,510 are hybrid taxis (about 50 percent of Dubai Taxi fleet), and 173 others are electric/hybrid limos of the Dubai ...

DUBAI / WAM The Dubai World Trade Centre (DWTC) has played a major role in diversifying Dubai’s economy and has worked to create a broader economic impact, cementing Dubai’s position as a global centre for trade and business tourism. The centre, which was established in 1979, introduces the region to international exhibitions and conferences industry and has become the vibrant ...

UMM AL QAIWAIN / WAM The UAE has built a wide reputation as a leading regional hub for local and foreign investment through its futuristic and transparent vision that continues to enable its drive towards achieving growth and economic diversification. In an exclusive interview with the Emirates News Agency (WAM), German investor and businessman Klaus Genssler, Founder, Chairman and CEO ...

Bloomberg India aims to invest 100 trillion rupees ($1.35 trillion) in infrastructure to boost economic growth and create jobs, Prime Minister Narendra Modi said on Sunday, laying out national priorities on the country’s 75th Independence Day. The investments will be made in India’s logistics sector to help integrate the country’s varied modes of transport, Modi said in a national address ...

ABU DHABI / WAM HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, said the UAE is a “global host and an efficient platform for the entire media sector because of its integrated digital infrastructure.” Sheikh Mansour announced launch of the first edition of Global Media Congress, to be held in Abu Dhabi from ...

DUBAI / WAM Emirates, renowned for its world-leading air transport services, has also been recognised for its outstanding ground transport services with three gold citations from the RoSPA Health & Safety Awards. The only airline to have received an award two years in a row, the Emirates team took gold awards in three categories: Fleet Safety Award, Health & Safety ...

ABU DHABI / WAM The Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), a graduate-level and research university focused on Artificial Intelligence (AI), has announced Professor Fakhreddine (Fakhri) Karray as its new Provost. Professor Karray will work closely with Professor Eric Xing, President of MBZUAI, to develop the institution’s academic and research strategy and implementation plans towards accomplishing the university’s ...

Abu Dhabi / Emirates Business Adnoc Logistics & Services (Adnoc L&S), the shipping and maritime logistics arm of the Abu Dhabi National Oil Company (Adnoc), announced on Sunday its strategic partnership with Netherlands-headquartered Roll Group to strengthen its turnkey integrated logistics offering. The partnership with Roll Group enables Adnoc L&S to jointly implement heavy haulage solutions for both onshore and ...

DUBAI / WAM Amanat Holdings, a healthcare and education investment company, has reported a total income of AED255.6 million, a significant nine-fold increase from the AED28.2 million in H1-2020, according to the company’s financial results for the first half ended on June 30, 2021. The income from investments similarly grew at a stellar pace to AED251.9 million versus AED21.3 million ...

SHARJAH / WAM Sharjah Islamic Bank (SIB) has announced the launch of its new SIB Digital account, which allows customers to open an electronic account instantly and easily using the smart bank application, and without the need to visit the branch. Waleed Al Amoudi, Head of Digital Banking at Sharjah Islamic Bank, said, “The launch of the new digital account ...