News

SHARJAH / WAM Dana Gas on Sunday announced its financial results for the first quarter ended March 31. Net profit was up by 41 percent in Q1 2021 reaching AED88 million as compared to AED62 million in Q1 2020. The increase in net profit was the result of improved revenues from higher production in the Kurdistan Region of Iraq (KRI), ...

Dubai / Emirates Business Emaar Malls recorded an increase in net profit by 169 percent to AED318 million during the first quarter (January to March) of 2021, compared to the net profit of AED118 million, during the last-quarter (October to December) of 2020. Revenue for the first three months of 2021 amounted to AED901 million. Emaar Mall’s e-commerce fashion and ...

Dubai / Emirates Business Emirates has set up a humanitarian airbridge between Dubai and India to transport urgent medical and relief items, to support India in its fight to control the serious Covid-19 situation in the country. Emirates will offer cargo capacity free of charge on an “as available” basis on all of its flights to nine cities in India, ...

ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 203,147 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Sunday, 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 ...

SHARJAH / WAM Dana Gas on Sunday announced its financial results for the first quarter ended March 31. Net profit was up by 41 percent in Q1 2021 reaching $24 million (AED88 million) as compared to $17 million (AED62 million) in Q1 2020. The increase in net profit was the result of improved revenues from higher production in the Kurdistan ...

ABU DHABI / WAM The UAE State Audit Institution (SAI) and the United Nations Office on Drugs and Crime (UNODC) have signed an agreement concerning the implementation of the “Abu Dhabi Declaration” issued by the eighth session of the Conference of the States Parties to the United Nations Convention against Corruption held in Abu Dhabi in December 2019. The agreement ...

KINSHASA / WAM DP World, a leading global provider of end-to-end logistics solutions, is set to start the development of the deep sea port at Banana, following agreement on amendments to the initial contract between the company and the Government of the Democratic Republic of the Congo. A term sheet summarizing the amendments to the contract, which was signed in ...

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced on Sunday that it has received three prestigious ISO certifications in the fields of data quality management, health informatics and data analysis. The ministry’s Statistics and Research Centre was awarded certificates after meeting the requirements of the three ISO standards, and passing comprehensive audits conducted by a specialised ...

Bloomberg The UK’s National Health Service (NHS) is facing a fresh crisis when the pandemic recedes, with 4.7 million people stuck waiting for care, and will require significant spending and reform to survive, the government will say this week. Prime Minister Boris Johnson will vow to tackle the unprecedented backlog — which officials say is likely to get worse as ...

Bloomberg France’s junior minister for European affairs threatened the UK on financial services if Britain failed to grant licenses to French fishermen. Clement Beane said France would retaliate in sectors like banking in the European Union to which the UK wants access, according to an interview published on Sunday in the Journal du Dimanche. French fishermen are still owed 40 ...