News

Armed Forces unification a historic achievement: VP

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said that Armed Forces unification was a historic achievement that underscored the perseverance of the Founding Fathers and their determination to advance and establish the Union’s foundations. In a statement to the Nation Shield, the official journal ...

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UAE-CREF awards contract to build clean-energy project in Dominica

Abu Dhabi / WAM The UAE-Caribbean Renewable Energy Fund (UAE-CREF), the largest renewable energy investment of its type in the region, which is fully financed by Abu Dhabi Fund for Development (ADFD), announced the signing of an engineering, procurement and construction (EPC) contract to build a hurricane-resistant clean energy project worth $50 million in Dominica. Masdar, one of the world’s ...

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Khalifa Foundation provides aid to displaced Iraqis in Debaga camp

ERBIL / WAM The Khalifa bin Zayed Al Nahyan Foundation, in cooperation with the Consulate General of the UAE in the Iraqi Kurdistan region, has provided financial assistance to the displaced Iraqis in the Debaga camp located on the outskirts of Erbil Governorate. The move aimed at alleviating the displaced suffering in the face of the difficult conditions, especially in ...

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Saudi Aramco’s Q1 profit soars 24% to $21 billion

Bloomberg Saudi Aramco’s profit soared in the first quarter following a recovery in global oil and gas markets, though free cash flow remained too low to fully cover dividend payments. The world’s biggest energy firm kept its quarterly payout at $18.75 billion. The money is a vital source of cash for the kingdom. The bumper results follow those last week ...

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UAE extends suspension of entry for travellers from India

Abu Dhabi / WAM The General Authority of Civil Aviation and the National Emergency Crisis and Disasters Management Authority announced the extension of the suspension of entry for travelers from India on all flights on national and foreign carriers, as well as for transit passengers coming from India, with the exception of transit flights traveling to the UAE and bound ...

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Adnoc’s new initiative to drive efficiencies in tendering process

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) announced on Tuesday, it has successfully implemented an innovative initiative to drive efficiencies in its tendering process. This programme supports Adnoc’s ongoing efforts to enhance its approach to procurement and maximise value for Adnoc and its community of suppliers and service providers. The programme standardises the terms and conditions ...

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flydubai grows network to more than 80 destinations

Dubai / WAM flydubai announced on Tuesday the launch of additional routes bringing its network to more than 80 destinations. The carrier will grow its network in Russia to 11 points with the introduction of new services to Moscow Zhukovski International Airport (ZIA) from May 12, Novosibirsk Tolmachevo International Airport (OVB) from May 28 and Perm International Airport (PEE) from ...

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Waha Capital Q1 profit hits AED111mn

Abu Dhabi / WAM Waha Capital on Tuesday announced its results for the first quarter of 2021. The company delivered an overall Q1 profit of AED 111 million as both the Public Markets and Private Investments businesses demonstrated robust performance, while the global economic outlook continued to improve due to Covid-19 vaccination efforts. According to financial statement, the public markets ...

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ADJD adopts bilingual claim for appeal courts

ABU DHABI / WAM The Abu Dhabi Judicial Department (ADJD) has extended the scope of use of interactive bilingual claim forms to cases before the Courts of Appeal, allowing foreign litigants to easily familiarise themselves with court procedures. Youssef Saeed Al Abri, ADJD Under-Secretary, said that adopting the Arabic and English appeal forms comes as the fourth phase of the ...

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Covid-19: UAE reports 1,686 new recoveries

ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 179,453 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, 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 treatment. As ...

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