News

DUBAI / WAM Nasdaq Dubai on Tuesday welcomed the listing of $750 million bonds by Emirates Development Bank (EDB), a key financial enabler of the country’s economic diversification. The five-year bond issuance has been priced at a yield of 1.639 percent and was four times oversubscribed with strong demand from investors, as 34 percent of appetite came from Mena markets, ...

Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (Enec) has marked four years and more than 100 million safe man-hours without a Lost Time Injury (LTI) at the Barakah Nuclear Energy Plant, located in the Al Dhafra Region of Abu Dhabi. The achievement highlights Enec’s success in implementing the highest standards of safety, security, and quality in developing the ...

Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved the formation of UAE Genomics Council to provide a world-class healthcare system. The new council, to be headed by HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive ...

Dubai / WAM Enoc Link, the digital mobile fuel delivery service for businesses in the UAE by Enoc group, on Tuesday announced that it has signed an agreement with Expo 2020 Dubai to supply its fleet with more than 1 million litres of fuel. Earlier this year, the group also launched its innovatively designed Service Station of the Future, located ...

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 229,143 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Tuesday, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary ...

DUBAI / WAM flydubai, the Dubai-based airline, has announced the start of daily flights to Warsaw (WAW) from September 30. Warsaw will become flydubai’s second destination in Poland after Krakow (KRK), which currently operates with a twice weekly service. Ghaith Al Ghaith, CEO at flydubai, said, “We have been flying to Krakow in Poland since 2018 and by adding Warsaw ...

Abu Dhabi / WAM The Emirates Red Crescent (ERC) signed cooperation agreements with the Dubai Charity Association, the Dar Al Ber Society, Sharjah Charity International (SCI) and Sharjah Charity House, to forge local partnerships and enhance humanitarian cooperation. The agreements were signed by Salem Al Ameri, Deputy Secretary-General for Local Affairs at the ERC, with Ahmed Mismar, Secretary-General of the ...

Dubai / WAM Emirates Transport has announced the launch of ‘Emirtas’, a new service offering last mile solutions, to add to its profile of services supporting the logistics sector in the UAE. Faryal Tawakul, Acting CEO of Emirates Transport, stated that the launch of the service comes in line with the rapid changes taking place in all business sectors in ...

Dubai / WAM The 100 Million Meals campaign, the biggest food drive in the region, announced that it entered into a partnership with the UAE Food Bank to distribute 10 million meals inside the country. In April, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has launched ‘100 ...

Abu Dhabi / WAM Abu Dhabi Securities Exchange (ADX) listed 1 billion euros of bonds issued by Emirates Telecommunications Group Company (Etisalat) in two equal tranches maturing in 2028 and 2033. The bonds were more than six times over-subscribed. Etisalat Group’s 500 million euro 7-year notes mature on May 17, 2028 and carry a 0.375 percent coupon, while the 12-year ...