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Bloomberg A Boeing Co 737 Max 7 has arrived at the Shangai airport for flight tests by Chinese authorities, the Paper reported. Chinese aviation officials last month signalled they are open to conducting flight tests on the plane in a step towards lifting its grounding after more than two years. China was the first nation to ground the Max, acting ...

DUBAI / WAM Dubai showed quick recovery from the repercussions of Covid-19 in different economic sectors thanks to the resilient strategies and plans the emirate followed in the face of the pandemic, and the dynamic and wise initiatives directed by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai. The trade sector continued ...

ABU DHABI / WAM Abu Dhabi Ports on Saturday announced that it has embarked on a wide-ranging network service upgrade across ZonesCorp, part of the Industrial Cities & Free Zone Cluster of Abu Dhabi Ports, to ensure non-stop gas supply to its customers. The system modernisation will take place over the next several months as part of a continuous comprehensive ...

ABU DHABI / WAM The Traffic and Patrols Directorate of the Abu Dhabi Police (ADP) has recorded 27,076 distracted driving violations during the first half of 2021. According to statistics and analytical studies, distracted driving is among the most dangerous offenses, as it may lead to serious injuries and even cost lives. The Directorate stressed the importance of maintaining focus ...

ABU DHABI / Emirates Business Khalifa Saif Almehairbi, Chairman of the Board of Directors of Arabian Gulf Investments Company, confirmed that the UAE real estate sector has proven its strength, position and ability to recover quickly, in conjunction with the high demand for the purchase of housing units and lands in various parts of the country, so that UAE real ...

DUBAI / WAM Dubai’s hotel sector is gearing up for Expo 2020 Dubai, the world’s largest and most impactful event ever to take place in the Middle East, Africa and South Asia (MEASA) region, from October 01, 2021, to March 31, 2022, while recovery from the Covid-19 is gaining momentum globally and the UAE is getting ready to celebrate its ...

ABU DHABI / WAM Blue Whale Acquisition Corp I has announced on Wednesday the pricing of its initial public offering of 20,000,000 units at $10.00 per unit. The units were expected to be listed on the Nasdaq Capital Market (Nasdaq) in the United States and trade under the ticker symbol “BWCAU” beginning on August 04, 2021. Blue Whale Acquisition Corp ...

Bloomberg Oil declined for a third day as the coronavirus spread in China and a report showed a surprise build in US crude inventories. West Texas Intermediate futures slumped as much as 3.4%. The delta strain of Covid-19 has been detected in almost half of China’s 32 provinces in two weeks, and at least 46 cities have advised residents against ...

DUBAI / WAM The Ministry of Human Resources and Emiratisation has declared Thursday, August 12, an official paid holiday for all private sector employees in the UAE to celebrate the Islamic new year (Hijri Year 1443). As WAM reported earlier on Wednesday, the Federal Authority for Government Human Resources (FAHR) has announced Thursday a public holiday for the federal government. ...

SHARJAH / WAM The Sharjah Economic Development Department (SEDD) and the Ministry of Energy and Infrastructure discussed ways of boosting their cooperation, in light of their mutual keenness to help achieve their strategic goals and establish effective relations. This came as part of a meeting between Sultan Abdullah bin Hedah Al Suwaidi, Chairman of SEDD, and Sharif Salim Al Olama, ...