ABU DHABI / WAM Certara (NASDAQ: CERT), a global leader in biosimulation, on Wednesday announced that Mubadala Investment Company (Mubadala) has made an approximately $250 million investment in Certara. The investment aligns with Mubadala’s strategy of enabling innovation to address unmet clinical needs and drive cost efficiencies. Mubadala and certain existing institutional shareholders of Certara, including a shareholder affiliated with ...
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Etihad rolls out IATA travel pass to 7 cities
ABU DHABI / WAM Following successful trials, Etihad Airways has expanded IATA Travel Pass on flights between Abu Dhabi and seven destinations across its network as it continues to implement digital solutions to simplify the travel experience in the wake of the pandemic. IATA Travel Pass is available for guests on all Etihad flights between Abu Dhabi and Bangkok, Barcelona, ...
Read More »DP World reports volume growth of 17.1%
DUBAI/ WAM DP World Limited handled 19.7 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the second quarter of 2021, with gross container volumes increasing by 17.6 percent year-on-year on a reported basis and 17.1 percent on a like-for-like basis . Growth in Q2 accelerated with all regions delivering a strong performance, especially our terminals ...
Read More »Etihad Airways rolls out IATA Travel Pass to seven cities
ABU DHABI / WAM Etihad Airways has expanded IATA Travel Pass on flights between Abu Dhabi and seven destinations across its network as it continues to implement digital solutions to simplify the travel experience in the wake of the pandemic. IATA Travel Pass is available for guests on all Etihad flights between Abu Dhabi and Bangkok, Barcelona, Geneva, Madrid, Milan, ...
Read More »Conference on public-private partnership announced
DUBAI / WAM In line with the vision of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and under the patronage of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of The Executive Council of Dubai, the Dubai Government’s Department of Finance (DoF) ...
Read More »UAE government starts granting golden visas to resident doctors
Dubai / WAM In executing the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to grant golden visas to those with scientific competencies and distinguished expertise, the UAE Government invites doctors to apply for the golden visa in recognition of their efforts and sacrifices, and being the frontline heroes. This ...
Read More »Abu Dhabi court convicts 9 people for money laundering
ABU DHABI / WAM The Abu Dhabi Criminal Court, which has jurisdiction over money laundering and tax evasion offences, has convicted nine defendants and six companies for possessing AED18 million through fraudulent means using a computer-based process. As for the criminal scheme, one of the defendants, operating from outside the country, would contact the victims, claiming to be working for ...
Read More »DP World reports volume growth of 17.1% in Q2
DUBAI / WAM DP World Limited handled 19.7 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the second quarter of 2021, with gross container volumes increasing by 17.6 percent year-on-year on a reported basis and 17.1 percent on a like-for-like basis . Growth in Q2 accelerated with all regions delivering a strong performance, especially our ...
Read More »Abu Dhabi fund’s role in driving sustainable development lauded
Abu Dhbai / WAM On the occasion of the 50th anniversary of the Abu Dhabi Fund for Development (ADFD), ministers and government officials stated that the UAE has effectively contributed to supporting the implementation of the 2030 Agenda for Sustainable Development in developing countries. In this context, they highlighted the crucial role of the ADFD in establishing the UAE as ...
Read More »Oil steadies as resurgent virus casts shadow over demand
Bloomberg Oil steadied as the resurgent pandemic posed a fresh threat to fuel demand even as global crude markets continued to tighten. Futures fluctuated near $72 a barrel in New York. The rebound in key energy consumers such as the US and China has helped to underpin increasing fuel consumption and drained bloated stockpiles built up during the pandemic. The ...
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